| Opus West
Breaks Ground on High Rise Condos Developers Opus West Corp. and
Geoffrey H. Edmunds & Associates Inc. began moving dirt at the Scottsdale
Waterfront Residences site, initiating construction on the anticipated $200 million
high-rise condominium project.
When completed, Scottsdale Waterfront Residences
will total 198 luxury condominiums in twin 13-story buildings within the Scottsdale
Waterfront, a highly visible mixed-use project at Scottsdale and Camelback roads,
just north of downtown Scottsdale, Ariz.
The first 60 to 90 days of activity
at the project site will center on excavation for an underground parking garage.
Construction on the garage structure is scheduled to begin in April. Above ground
development on the towers will begin in mid-2005. Completion of the towers is
expected for fourth quarter 2006 and first quarter 2007.
Developer
Plans Pinal County Project
AREÁD, a Scottsdale-based real
estate acquisition and development company, announced that it will develop 645
acres west of Coolidge, for residential living and commercial use.
The
development, Vista Del Monte, will be the site of approximately 2,500 single-family
homes. Community plans include a unique mix of commercial projects and residential
developments. The Vista Del Monte development is located in a rapidly growing
region of Pinal County near the Southwest corner of McCartney and Signal Peak
Roads. AREÁD is slated to begin construction of Vista Del Monte in late
2005.
Condos
on Tap for Surprise, Ariz.
Diversified Real Estate Group plans to
develop Park Place, a resort-style condominium project by Park View Properties,
LLC., a subsidiary of DRG.
The project is scheduled to begin construction
in early 2005. Park Place will be an affordable, luxury condominium community
focusing on a simpler lifestyle. The Park Place condominium project will
introduce a unique concept to Surprise, Ariz. that will create an aesthetic architectural
appeal that differentiates itself from other condominium projects yet to be built
in Surprise.
The development will be built on a total of 15.34 acres with
258 units.
Sahara
to Develop Pinal County Projects Sahara, Inc. in partnership with
Nevada-based investment group Crest Ridge, LLC. have purchased 812 acres in Eloy,
Ariz. on the southwest corner of Sunland Gin Road and Shedd Road in Pinal County
for residential and commercial use.
The project consists of 1,759 residential
lots with 212-acres of commercial development. The project is for immediate development.
Sahara will negotiate with homebuilders for the 1,759 lots. Sahara is the design-builder
for the commercial use. Utah-based Silver Summit, LC is the seller. Sahara purchased
the property for $12 million dollars.
Wespac Constructing New Office Building Legacy
Insurance Services Inc. has selected Phoenix-based companies Wespac Construction
Inc. and Phoenix Design One (PDO) to build the firm's new $5 million corporate
office located northwest of Elliot Road and Interstate 10 in Phoenix.
Located
in a former 34,583-sq.-ft. microchip processing plant, the facility will be stripped
to the original tilt panel walls and rebuilt. Construction plans also include
the possible re-roofing of the structure and exterior improvements including:
painting, landscaping and a new parking lot with canopies. The project is scheduled
to be complete by April 2005.
The project architect is Kerri Swischuk.
New Facility for Cummins on the West Side Renaissance
Companies recently broke ground for the new Arizona Operations Facility of Cummins
Rocky Mountain, LLC in Avondale.
The 72,000-sq.ft. building was designed
by Overby Architects of Phoenix and is being built by Renaissance Companies, also
of Phoenix.
The floor plan consists of a second story administrative office
with training facility, parts distribution warehouse and retail parts area and
service bays.
The Renaissance Companies estimates the project completion
to be August 2005.
T-P
Acoustics Wins Several Jobs Phoenix, Arizona T-P Acoustics, Inc. has been
awarded contracts to install acoustical ceilings in several metropolitan Phoenix
automotive dealerships including: Gilbert, Ariz.-based Berge Mazda; Gilbert, Ariz.-based
Desert Kia; Avondale, Ariz.-based Avondale Toyota; Phoenix, Ariz.-based Bill Luke
Chrysler/Jeep.
The work is being performed for Adaptive CM, LLC.
Steel Project Awarded Havens Steel Company recently announced
it has been awarded a $24 million contract to commence phase 1 construction of
the Phoenix Convention Center Expansion.
The contract was awarded by Hunt-Russell-Alvarado,
a tri-venture construction group formed to manage the three-phase Convention Center
expansion project. Havens started erection in late January. Structural steel construction
is expected to be completed by mid-June.
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