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February 2007
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02/22/07
Cronkite School breaks ground in downtown Phoenix
Filed under: General, Real Estate
Posted by: Lillian Wong @ 7:33 pm

The Walter Cronkite School of Mass Communication at Arizona State University broke ground Wednesday morning on a six-story, 223,000-square-foot complex at Central Avenue in downtown Phoenix. Cronkite, long-time anchor of the “CBS Evening News” and dubbed “the most trusted man on television,” was joined by Arizona State University President Michael Crow, Gov. Janet Napolitano, Phoenix Mayor Phil Gordon, Dean Christopher Callahan and KAET General Manager Greg Giczi for the journalism school’s historic launch.  More…

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Popular dairy yields land to houses
Filed under: General, Real Estate
Posted by: Lillian Wong @ 7:29 pm

The cow-shaped sign carried a warning to neighbors and house-hunters around Dobson and Germann roads for years: “This dairy is not moving now or in the foreseeable future.” The sign is still up, but its words are no longer true. RC Dairy, a fixture that growing numbers of suburban neighbors saw - and smelled - for three decades is closing. The cows will be out by May, Assistant City Manager Pat McDermott said.  More…

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Home loan demand is lowest this year, despite drop in mortgage rates
Filed under: General, Mortgages
Posted by: Lillian Wong @ 7:27 pm

NEW YORK — Mortgage applications dropped more than 5% last week, hitting their lowest level this year, even as interest rates fell, an industry trade group said Wednesday. The Mortgage Bankers Association said its seasonally adjusted index of mortgage application activity, which includes both refinancing and purchasing loans, for the week ended Feb. 16 fell 5.2% to 606.6. More…

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New Peoria housing projects target those who work in city
Filed under: General, Real Estate
Posted by: Lillian Wong @ 7:22 pm

A new local home builder is bringing four infill projects to Peoria’s core to provide more workforce housing for West Valley residents.
CF Homes purchased the parcels last year to build a combination of single-family homes and townhouses. 
More…

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City’s latest top job ranking recognizes biotech impact
Filed under: General, Business
Posted by: Lillian Wong @ 7:11 pm

It’s not just real estate that makes the Phoenix area one of the nation’s hottest job markets. This month’s Forbes list of the Best U.S. Cities for Jobs also recognizes efforts in attracting technology firms — biotech in particular — in ranking the region No. 2 for the second straight year.  More…

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Copper Square tower hits milestone as residents get ready for July move-in
Filed under: General, Real Estate
Posted by: Lillian Wong @ 7:02 pm

Developers of The Summit at Copper Square will celebrate topping off the 23-story residential project in downtown Phoenix with a a late afternoon ceremony. Mayor Phil Gordon is scheduled to speak at the 4:30 to 7:30 p.m. reception for city and business leaders and project personnel. Topping off refers to placement of the structure’s top beam.  More…

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Property value rise slowing
Filed under: General, Real Estate
Posted by: Lillian Wong @ 6:51 pm

SCOTTSDALE - Northeast Valley homeowners began grappling with the downside of jumping home values this week when they received the latest assessments from the Maricopa County Assessor’s Office. Increased values might seem to foretell a higher tax bill in the fall, but cities and school districts regularly lower tax rates to account for any windfall. The good news - tax-wise anyway - is that values have not gone up nearly as much as they did last year.  More…

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SanTan Village attracting high-end retailers
Filed under: General, Real Estate
Posted by: Lillian Wong @ 6:39 pm

Well before the walls are up at SanTan Village, the outdoor shopping center has signed a host of high-end retailers, including jeweler Ben Bridge, Ann Taylor and Coach. The three new retailers were announced Tuesday by Westcor, the Phoenix-based mall giant developing the property.  More…

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Superfund plume spread focus of attention
Filed under: General, Real Estate
Posted by: Lillian Wong @ 6:36 pm

Cleanup and containment efforts at the Goodyear Superfund sites are ongoing and showing progress, officials said. The magnitude of both the contamination and cleanup efforts for the PGA North and South Superfund sites in Goodyear were brought home to the sites’ Community Advisory Group and interested attendees at a Feb. 8 meeting at Goodyear City Hall.  More…

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Developers team on Flagstaff science park
Filed under: General, Real Estate
Posted by: Lillian Wong @ 6:31 pm

The Plaza Cos. has teamed with Higgins Development Partners to develop a Science & Technology Park in Flagstaff. The private sector research center could include up to 200,000 square feet of office, biotech and research space when completed.   More…

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Vegas developer eyes Mill
Filed under: General, Real Estate
Posted by: Lillian Wong @ 6:27 pm

Downtown Tempe is in flux. Construction has torn up streets. Building plans are coming in every month. High-rises are popping up where once there was nothing. And the city is experiencing growing pains as it evolves into Arizona’s first true urban live-work community.  More…

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