PHOENIX-Downtown Phoenix boosters are considering three potential sites in the area to build a $335-million, 73,000-seat stadium for the Arizona Cardinals, but want to tie the stadium to a $500-million expansion of the convention center.
PHOENIX-With a veracity rarely seen with the Arizona Cardinals, Tempe is putting up a fight to keep the team in its city by offering up a new site for the $335-million football stadium that could be under construction by August.
PHOENIX-An international manufacturer of antennas used by mobile-phone makers has relocated its international headquarters to a 116,000-sf office building, on the former site of a cotton field in east Phoenix.
PHOENIX-Another law firm is moving to the intersection of 24th Street and Camelback Road in Phoenix, a corner that has become ground zero for professional services and one of the most sought after office addresses in the Valley.
PHOENIX-Phoenix-based Opus West is turning its development skills toward Salt Lake City, with construction of a speculative project 675,000-sf warehouse/distribution project.
PHOENIX-With few properties and a growing residential interest, West Valley apartment complexes have become increasingly popular acquisition targets, the latest selling to a Seattle-based investor for $31.5 million.
PHOENIX-Adding to the much needed supply of affordable housing, a Phoenix-based non-profit group has purchased a West Valley complex for $7.35 million.
PHOENIX-A freeway that has already spurred development in north Phoenix is sure to bring even more since the announcement that its final leg will be completed 18 months ahead of schedule.