Phoenix commits $15 million to affordable housing through new trust fund
The Phoenix City Council unanimously approved a $15 million spending plan from its Housing Trust Fund as the city estimates a 59,000-unit shortfall.
Real estate
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Downtown Mesa is filling up fast, with vacancy under 7%, city says
Mesa leaders say just 6.9% of more than 500 downtown properties are empty, and business owners credit events and city investment.
Peoria’s $1 billion Saddleback community drops golf, resort plans to focus on homes
Castle Hill Partners says it has no immediate plans for a hotel or golf courses on the 5,300-acre site near Lake Pleasant.
Demolition Begins for $125M Atari Hotel on Downtown Phoenix’s Central Avenue
Intersection Development says demolition has started at 840 N. Central Ave., with $200 million more planned for housing and restaurants nearby.
Homebuyers Asking About Water as Arizona Braces for Colorado River Cuts
A Valley water leader told Phoenix Realtors that cities have multiple supplies but must avoid any ‘perception that any tap will go dry.’
$70 Million in Roosevelt Row Projects Will Add 125 Homes and Restaurants in Historic Buildings
Intersection Development breaks ground next month on SISU, a 12-story tower, and Arcada, anchored by a restaurant in the Stoddard-Harmon House.
Kyler Murray Sells Paradise Valley Estate for $13.75 Million After Leaving the Cardinals
The former Cardinals quarterback, now with the Vikings, bought the Cameldale Estates home for $13.5 million in 2022.
Pinal County Rezones 4,695 Acres of State Land for a Massive Employment Hub
The industrial zoning near San Tan Valley bans standalone data centers and utility-scale solar plants.
Camelot Homes Plans Gated 19-Home Luxury Enclave in Peoria
Long Canyon Reserve will be part of the 5,300-acre Saddleback community near Lake Pleasant.