October 24, 2008 – 11:28 pm
The intersection of Scottsdale and Camelback roads is one of the hottest areas in the valley, especially now after the opening of the W Hotel & Residences. Another project, formerly called Waterview, is now planning to bring a five-star hotel to the region. The Solis Scottsdale Resort was on the Scottsdale Planning Commission agenda for [...]
October 7, 2008 – 9:39 pm
On Wednesday morning, Phoenix Mayor Phil Gordon, accompanied by city officials joined executives of Starwood Hotels and Resorts Worldwide to celebrate the grand opening of the mammoth, 1000-key hotel. Starwood, one of the largest hotel owners and operators in the world, runs the Sheraton brand, as well as the new W Hotel in Scottsdale, and [...]
October 1, 2008 – 10:26 pm
The much awaited project CityNorth, which is planning a “Hollywood Style” opening in November just announced a portion of the existing residential condominiums in Phase I will become rentals. Phase I includes several shops and restaurants, in addition to the 99 residential units. The multi-billion dollar mixed-use development is nearing completion of its first phase [...]
September 30, 2008 – 10:12 am
Earlier this week, Tempe Mayor Hugh Hallman announced that a Hyatt hotel will replace the Le Meridian planned for Hayden Ferry Lakeside. This coming just a few weeks after the public learned of Starwood’s departure from Tempe. While it has been nearly a year since employees of Starwood and Suncor were aware of the change [...]
September 29, 2008 – 1:42 pm
While Centerpoint sits motionless, several smaller developments around Downtown Tempe are on normal pace. Three projects, all within a short walk to Mill Avenue are gradually changing the urban fabric of the city. Skyscrapers make city skylines look great and are efficient in squeezing people into small footprints, but for some, an urban townhouse might [...]
September 28, 2008 – 2:05 pm
San Marcos Commons broke ground on their much-needed mixed-use development in Historic Downtown Chandler Tuesday. The 15-acre site is located on the Southwest corner of Chandler Boulevard and Arizona Avenue, across from the Performing Arts Center. As majority of mixed-use projects today, the developer has phased it out over a long period of time. Phase [...]
September 27, 2008 – 2:40 pm
The last major General Plan to be approved in Mesa was back in 2002 (2025 General Plan), which had many focal points, one being on residential housing growth on a horizontal level and also a new “city” in the Gateway region. However, the vision for Gateway was focused primarily on industry, not an urban mix [...]
September 26, 2008 – 9:26 am
Over the last couple years, Phoenix Metro has become slightly notorious for developers submitting glamorous projects to the municipalities only to cancel soon after for failure to secure funding. Key parcels in downtown Tempe, Scottsdale and Phoenix have been constantly changing hands and reformatting their proposed uses (usually decreasing the amount of residential units). After [...]
September 25, 2008 – 8:37 pm
While the nightmare on Wall Street unfortunately continues, there is a now a small twist added to the Mortgages Limited Securities (MLS) Bankruptcy case. This small twist could have a ripple effect and end up turning this case into a very lengthy process, ultimately hurting the naked Centerpoint Towers. U.S. Bankruptcy Judge Randolph Haines, who [...]
September 17, 2008 – 9:51 pm
In the wake of the terrible news on Wall Street yesterday, one of the most expensive mixed-use developments in the country, city-scape receives great news from a Texas investment-management company. CDK Realty Advisors out of Dallas has agreed to partner and fund up to a potential $200 million to Red Development, co-developer of CityScape. The [...]