What's New in Phoenix?

REAL ESTATE PROJECTS
Major mixed-use real estate projects, which will impact an area, are described in this section.
Medical Facility Development
United Surgical Partners International Inc., Catholic Heathcare West and United Surgical partners began construction on a 71,000 square-foot surgical hospital in December 2009. The new facility will be located near the Loop 202 and 40th Street and plans to open in January 2011.
Phoenix-Mesa Gateway Airport
Reliance Companies broke ground on a 52-acre, 60,000 SF Warehouse space, at Phoenix-Mesa Gateway airport. The warehouse project presents the potential for 1,500 jobs. The airport is estimated to serve 5 million passengers by 2027.
El Coyote LLC buys parcel near Phoenix-Mesa Gateway airport
El Coyote LLC has purchased 17 acres at the northeast corner of Elliot and Ellsworth Roads in Mesa, an area northeast of the Phoenix-Mesa Gateway Airport.El Coyote plans to build a $6.3 million, 3,300-acre master planned community in late 2010, with groundbreaking scheduled for second quarter 2009.
Luxury Rental Condo
Alliance Residential has selected a 4.14-acre site at 16th Street and Campbell Avenue to build a $36 million 240-unit luxury rental community. Alliance is scheduled to open the site in the fall of 2009.
Franklin Pierce University
Franklin Pierce University has leased 30 acres in the City of Goodyear’s proposed City Center development. The University plans call for completing construction of the university's phase one buildings by the summer of 2012, full build out of the campus will be spread over a 15-year period.
Banner Ironwood Medical Center
Banner Ironwood Medical Center broke ground June 5,2008 in Queen Creek. The $128 million, 220,000-square-foot, 24-bed hospital will be located at 37000 N. Gantzel Road. Future expansion is projected at 500 beds to provide for the rapidly growing Queen Creek population. The project architect is SmithGroup and the general contractor is McCarthy Construction.

REAL ESTATE PROJECTS
Major mixed-use real estate projects, which will impact an area, are described in this section.

Medical Facility Development
United Surgical Partners International Inc., Catholic Heathcare West and United Surgical partners began construction on a 71,000 square-foot surgical hospital in December 2009. The new facility will be located near the Loop 202 and 40th Street and plans to open in January 2011.

Phoenix-Mesa Gateway Airport
Reliance Companies broke ground on a 52-acre, 60,000 SF Warehouse space, at Phoenix-Mesa Gateway airport. The warehouse project presents the potential for 1,500 jobs. The airport is estimated to serve 5 million passengers by 2027.

El Coyote LLC buys parcel near Phoenix-Mesa Gateway airport
El Coyote LLC has purchased 17 acres at the northeast corner of Elliot and Ellsworth Roads in Mesa, an area northeast of the Phoenix-Mesa Gateway Airport.El Coyote plans to build a $6.3 million, 3,300-acre master planned community in late 2010, with groundbreaking scheduled for second quarter 2009.

Luxury Rental Condo
Alliance Residential has selected a 4.14-acre site at 16th Street and Campbell Avenue to build a $36 million 240-unit luxury rental community. Alliance is scheduled to open the site in the fall of 2009.

Franklin Pierce University
Franklin Pierce University has leased 30 acres in the City of Goodyear’s proposed City Center development. The University plans call for completing construction of the university's phase one buildings by the summer of 2012, full build out of the campus will be spread over a 15-year period.

Banner Ironwood Medical Center
Banner Ironwood Medical Center broke ground June 5,2008 in Queen Creek. The $128 million, 220,000-square-foot, 24-bed hospital will be located at 37000 N. Gantzel Road. Future expansion is projected at 500 beds to provide for the rapidly growing Queen Creek population. The project architect is SmithGroup and the general contractor is McCarthy Construction.