Commercial Real Estate & Business News – April 13, 2023

Here’s How RED Development will Transform the Future of Goodyear

RED Development revealed today a joint venture with Scottsdale-based Globe Corp. to build GSQ, a new more than 150-acre mixed-use development set to transform Goodyear as the city’s premier cultural hub featuring…»

End of an Era: Sale and Redevelopment Planned for Turf Paradise

The owner of Turf Paradise is negotiating the sale of the historic racetrack to a developer who hopes to continue horse racing on a temporary basis but ultimately plans to redevelop the property…»

Ryan Cos. Proposes Nearly 2 Million-Square-Foot Industrial Park in Pinal County

A new industrial park by Minnesota-based Ryan Cos. will add to the growing number of industrial buildings in Pinal County. The firm is planning to develop a build-to-suit park across 122 acres and is marketing various opportunities for interested employers…»

HonorHealth Breaks Ground on $170M Hospital Expansion in Phoenix

HonorHealth has broken ground on a $170 million expansion project at its Deer Valley Medical Center that will add patient beds, operating rooms and key support departments. This expansion will allow…»

Phoenix to Build Multibillion Dollar Purification Plant to Make Wastewater Drinkable by 2030

Phoenix wants to recycle wastewater into drinking water by the end of 2030 and share it with the Valley. The plan is to build an advanced water purification facility and treat, then reuse millions of gallons of wastewater that would…»