National healthcare educator A.T. Still University has progressed in its efforts to expand its Mesa campus. The city Planning and Zoning Board conditionally approved the university’s Planned Area Development modification and site plan review request at its July 20 meeting.
ATSU’s campus in the Arizona Health & Technology Park at East Baseline and South Recker roads currently has four buildings totaling 195KSF. The expansion plan seeks to create a new 122KSF academic building and three-story, 998-space parking garage. The garage was originally planned for 1,064 spaces, but underwent a slight redesign to accommodate concerns from area residents.
Construction cranes and new housing, restaurant and retail developments can be found on many of those long-vacant parcels across central Phoenix, Scottsdale, Tempe, Mesa and Glendale.
- Almost 4,000 condominiums are under construction, planned or recently built in the central Valley
- The Valley is already more densely populated than many people think
- Central Phoenix and downtown are attracting many new condo dwellers
Mesa just landed a cutting-edge medical technology manufacturer with upwards to 500 jobs.
Dexcom (Nasdaq: DXCM), a San Diego-based continuous glucose monitoring manufacturer, is taking a 216,000-square-foot building on South Dobson Road near Loop 101 in Mesa’s Fiesta District. The facility will be the company’s second manufacturing plant.
While Apple gets a lot of attention for its $5 billion campus currently under construction in Cupertino, California, it’s not the only billion-dollar real estate project the tech giant is working on. In Mesa, Arizona, Apple is hoping that the third time’s the charm for a massive 1.2M SF manufacturing facility.
Apple is planning to invest $2 billion to convert the plant into a “global command center,” which will not only store iCloud backups and iTunes files, but will also provide oversight of other remote and co-located Apple data centers,the Phoenix Business Journal reported.
A massive supermarket offering global foods is opening in the East Valley on Wednesday.
The supermarket will hire 80 to 100 people. AZ International Marketplace cost $10 million to put together and is roughly the size of two football fields.
Known for its pro-business climate, high quality of life, diverse economy with a skilled workforce, infrastructure and public-private collaboration, the Phoenix East Valley region continues to experience significant growth fueled by emerging local business and national corporate relocations, says East Valley Partnership. Comprised of the cities of Chandler, Gilbert, Mesa, Tempe, Apache Junction and Queen Creek, the region offers a labor force of more than 750,000 workers highly skilled in scientific, technical, healthcare and professional services, and constitutes 42% of the total workforce in the metro-Phoenix area.
Work commutes are short and easily accessible through major highway and interstate routes, while light rail continues to expand in the Phoenix East Valley adding thousands of riders per day and setting in motion a revitalization process in Mesa, AZ, spurring both residential and commercial development activity. Decades of aviation investment and planning has also made Phoenix East Valley an optimal landscape for aviation, aerospace, defense and other high-tech industries to thrive. The region has become a key point of commerce in the Southwest boasting an array of assets that include industry giants such as Boeing, MD Helicopters, Honeywell, Orbital ATK, Able Engineering, two commercial service airports and two of the busiest general aviation airports in the country.
Phoenix, March 10, 2016 – Colliers International in Greater Phoenix completed the sale of the 226-unit Sorrento Apartments for $18 million, or approximately $79,646 per unit. The community is located at 901 S. Dobson Road in Mesa, Arizona.
Cindy Cooke, senior executive vice president; and Brad Cooke, senior vice president, with Colliers’ Phoenix office, represented the seller, Hamilton Zanze of San Francisco, California. The Cooke team originally represented Hamilton Zanze in its acquisition of Sorrento in 2010.
The buyer was a private investment company, Silverstone Moreno, LLC, of Carlsbad, California, who was self-represented. This marks Silverstone’s entry into the metro Phoenix multifamily market.
Sorrento offers the buyer a true value-add opportunity with its strong infill location in the heart of the Southeast Valley,” said Cindy Cooke. “This investment provides Silverstone Moreno excellent upside potential through interior upgrades and improvements to the common areas and community amenities.”
Known for its pro-business climate, high quality of life, diversified economy with a skilled workforce, robust infrastructure and public-private collaboration, the PHX East Valley region continues to experience significant growth fueled by emerging local business and national corporate relocations.
Comprised of the cities of Chandler, Gilbert, Mesa, Tempe, Apache Junction and Queen Creek, the region offers a labor force of more than 750,000 workers highly skilled in scientific, technical, healthcare, and professional services and comprises 42 percent of the total workforce in the metro-Phoenix area.
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