Scottsdale’s new, upscale retail center known informally as “Kierland Uncommon” now has a proposed site plan and an official name: Scottsdale Crossing. “Scottsdale Crossing will create an upscale, mixed-use project that will reflect the changes in the marketplace and relate to the surrounding context,” the developers said in an application. More…
Hotel developers like the Khangura brothers decide where a lot of travelers sleep. The 43-year-old twins from
PARADISE VALLEY - If Paradise Valley gets a piece of vacant land near its existing fire station at
Phoenix Children’s Hospital is joining the southeast Valley’s medical building boom with a pint-size facility on the southwestern corner of Southern Avenue and
A plan to redevelop an old office park along the Camelback Corridor stands on hold while developers address concerns from a neighborhood group. The CamelSquare development, announced in September by Phoenix-based M3 Cos., includes plans for luxury condos, a boutique hotel, a medical office park and stores. At issue is the height of the proposed project, which at its highest point is 98 feet, or nine stories. The property now has buildings two stories tall. Scott Schirmer, an M3 partner, said the company has been working closely with neighbors in the area near the development to create a cozy neighborhood spot with amenities such as restaurants and boutique shops. More…
GEICO plans to hire approximately 230 workers as policy service and claim service representatives this year at its Tucson operations center.
Pay levels have increased to $14 per hour from $13. Candidates able work evening hours can make additional money.
GEICO’s
To submit an online application, go to www.geico.com and click on the careers tab. Open the link to GEICO locations, select
Across the Valley, there is no shortage of corner shopping centers anchored by grocery stores. But those neighborhood shopping centers are in jeopardy as mixed-use developments become more popular, according to one real estate developer speaking in Phoenix in mid-February at an International Council of Shopping Centers conference on open-air shopping centers. More…
Relaxed sophistication. It’s the line the developers behind
New Century Financial Corp., one of the nation’s largest subprime lenders, announced that it has been informed of a federal criminal inquiry into its accounting and trading in its securities. New Century also said that a failure to obtain waivers from lenders or find new funding sources could prompt its auditors to warn of “substantial doubt” over its ability to remain in business. Another big lender, Fremont General Corp., said it plans to stop making subprime residential loans and is in talks with various parties aimed at selling that business. Subprime loans are those for people with weak credit records or high debt in relation to income. More…
The Valley’s latest development craze — projects that blend retail, office and residential space — is sweeping into Chandler with a proposed $100 million project in the works. Sitting on 12 acres next door to
The Scottsdale Area Chamber of Commerce Wednesday voted to support bringing light rail or another kind of rail transit option to the affluent suburb.
The chamber’s board of directors approved a policy recommendation in support of some kind of rail transit along either
The city of
The chamber is leaving the door open to various rail and route options for transit.
It may take 35 years to complete, but the largest master-planned community in the state is up and moving. Douglas Ranch - Buckeye’s 53-square-mile development northwest of the
A group of developers is moving forward with plans to bring downtown Phoenix what could be its first high-end commercial office tower in eight years. The $160 million project, if it comes to fruition, would help address a critical need in the city core, where vacancy rates have dropped to about 5.5 percent in recent years. That’s about half of the citywide average. More…
It’s a month for office building megadeals in Tempe,
With the housing market lagging and homes taking months to sell, a Scottsdale-based company is betting homeowners will be eager to try a more unconventional route to successful sales — the auction. More…