Archive for October, 2008

Downtown Walkabout: City of Chandler

Mike Padgett -

(Writer’s note: Downtown Phoenix rules the school these days, with the headlines dominated by the new Metro light rail, the expanded Phoenix Convention center, the new 1,000-room Sheraton Phoenix Downtown Hotel, Arizona State University’s expanded downtown campus and other new developments. But there is more to the Valley than Phoenix. Over the next few months, […]

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Metro Phoenix’s rising office vacancy rates expected to worsen

Mike Padgett -

Office space vacancies are highest in several suburbs of metro Phoenix, with total regional rates expected to worsen by mid-2009, according to new numbers released by Cushman  & Wakefield of Arizona. The metro region’s overall vacancy rate rose to 18.8 percent at the end of the third quarter 2008, up from 14 percent a year […]

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SmithGroup designing senior living communities

Mike Padgett -

The Phoenix and San Francisco offices of SmithGroup are designing new senior living communities in Arizona and California for Life Care Services LLC. The Phoenix office is creating the design of Sagewood Phase II Retirement Community at Tatum and Mayo boulevards in northeast Phoenix. Todd Associates is the architect for the first phase, which currently […]

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Two new business hotels planned for Riverwalk

Mike Padgett -

The developer of one of metro Phoenix’s high-profile projects, despite a historic plunge in international market conditions, remains committed to two new hotels in its expansion plans. The hotels are planned at Riverwalk, the commercial, retail and office development on 187 acres of land leased from the Salt River Pima-Maricopa Indian Community just east of […]

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Space technology company expanding in Chandler

Mike Padgett -

Orbital Sciences Corp. plans to expand its presence in Chandler, where it already employs 1,300 full- and part-time employees. The space technology company has signed a 10-year lease, negotiated by CB Richard Ellis, for a new 82,000-square-foot build-to-suit facility at 3377 S. Price Road. It will built on land adjacent to Orbital’s current building, which […]

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Scottsdale builder offering Segway PT with new homes

Mike Padgett -

Free wheels are included with the purchase of a Taylor Morrison home in Arizona over the next six weeks. The Scottsdale builder, with about 40 developments in metro Phoenix, is offering a free Segway Personal Transporter (PT) Model i2 to buyers of its new homes between Oct. 17 and Nov. 30. Customers can test drive […]

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Arizona real estate highlights

Mike Padgett -

Free home awarded A Scottsdale-based homebuilder is awarding a free home to a California woman. Jennifer Draa, a single mother from Citrus Heights, Calif., filled out an entry that was picked from nearly 638,000 submitted in Taylor Morrison Inc.’s national Dream Home Giveaway. About 61 percent of the entries came from Arizona, California, Colorado and […]

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Stress-free road trip without a steering wheel

Mike Padgett -

Oct. 9, 2008 What are you doing Friday about 9 a.m., the caller asks. It was an invitation to a road trip without a steering wheel. The caller was Kris Baxter, marketing specialist in the City of Tempe’s Community Development Department. “How’d you like to ride the light rail?” she asks. Sure, I’ll be there. […]

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Commercial property vacancy rates climbing in metro Phoenix

Mike Padgett -

Oct. 8, 2008 Vacancy rates are up throughout the metro Phoenix commercial real estate sector, while construction of new buildings continues, according to third quarter analyses released this week. The third-quarter analysis from Colliers International says the challenging economic times “provide an opportunity for all players to come together with a realistic mindset that could […]

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Arizona architects honored for design excellence

Mike Padgett -

Several Arizona architects are winners of the 2008 Design Awards from the Arizona chapter of the American Institute of Architects. The recipients were recognized for their excellence in design, planning and construction. The 12 winners were chosen from 145 entries by a group of international architects from Mexico City. They included Miquel Adria, Bernardo Gomex-Pimienta […]

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