Commercial Real Estate & Business News – September 28, 2016

Evidence of a healthy commercial real estate market can be seen throughout East Valley cities where economic development directors expect continued activity as a result of recent success stories and other big plans in the works. The cities of Chandler, Gilbert, Mesa, Scottsdale and Tempe share a common goal to progress their communities through economic development that attracts new companies, creates jobs and keeps its residents near home to work, play and live…»
PHOENIX-The area’s tech growth is being fueled by an influx of companies from other cities due to a supportive business climate, low operating costs and access to a large, talented workforce, says East Valley Partnership…»

Attesa, the 2,360-acre recreational motorsports destination being developed by Danrick Builders near Casa Grande, Arizona will feature two world-class road racing courses designed by the best circuit design company in the industry…»

Tempe is forging ahead with its planned $183 million Streetcar system along Mill Avenue, Rio Salado Parkway and Apache Boulevard. Construction could start next year. Tempe Mayor Mark Mitchell said at a recent forum hosted by the Valley Partnership commercial real estate group he would like to see the Streetcar extended to the Chicago Cubs spring training home in Mesa…»

Living or working in the West Valley may mean it’s soon to be time to put a FastPass on your windshield. Arizona Department of Transportation is starting to explore building a relieving freeway running about 30 miles from State Route 85 in Buckeye to the Durango Curve on Interstate 17. The road, State Route 30, could be Arizona’s first toll road…»