Sunday, November 15, 2020

Update on Saints Holdings + Real Estate Developments Here in Mesa

The source: AZ  BIG MEDIA

"These projects are igniting Arizona’s economy"

There were a lot of factors working against economic development in the past year, but Arizona’s economic development community and the Arizona Association for Economic Development (AAED) found ways to not just survive, but thrive in the face of a global crisis. The state saw new economic growth all over, new projects were being built, new companies were arriving or expanding and new businesses were starting.

In the Valley, company relocations resulted in more than 7,000 new jobs for the local population, according to data compiled by the Greater Phoenix Economic Council (GPEC). . .

The economic wins were shared with many Arizona communities in the past year, and here are reports from economic development leaders around the state:

Saint Holdings is one of the largest private landowners and developers in the region.

BLOGGER INSERT

SAINTS HOLDINGS LLC
Website: Saint Holdings  
Twitter: @SaintHoldings       

 
Saint Holdings is a multi-faceted real estate investment and development company with holdings in industrial, land, multifamily residential, and agriculture.

            
Global Water Resources has signed agreements with Saint Holdings that will result in providing water services to Saint Holding’s Inland Port Arizona, where is constructing their new facility. Contact us for shovel-ready opportunities.
We didn't know more about it then.
Mesa Seals $135 Million Land Deal

 

A few of the most recent projects that will help shape Pinal County’s continued growth include a recent sale of approximately 1,000 acres to a Nextera Energy for a 100 megawatt project. This will be the largest solar farm in Pinal County and one of the largest in the state.

Another 550 acres was sold in early 2020 to S-Power for a project that will supply Intel’s Chandler campus.

Additional projects include Inland Port Arizona (IPAZ) which is home to Nikola Motor Co. and Central Arizona Commerce Park (CAZCP) which is home to Lucid Motors and Tractor Supply Co.

----------------------------------------------------------------

MESA

The efforts of Mesa’s Office of Economic Development have been producing major results and recently were recognized by the International Economic Development Council at their annual conference. The city won three gold and three silver Excellence in Economic Development Awards. The gold awards were for the Office of Economic Development website, SelectMesa.com; for the multi-year economic development program at the Elliot Road Technology Corridor and for talent development and retention with the Arizona Advanced Manufacturing Institute, which is a program at Mesa Community College.

This year has been another active year for economic development in the city. Here are some of the new projects in the city:

Bird Dog Industrial announced Power 202 Business Park, a 330,000-square-foot Class A industrial park on approximately 19 acres on Power Road just north of Loop 202 in Mesa’s Gateway Area.

Boeing plans 155,000 square foot fabrication center in Mesa. The company expects to be in the facility by Q3 of 2021.

Marwest Enterprises announces the third phase of the Landing industrial complex near the Phoenix-Mesa Gateway Airport. The latest phase, dubbed Landing 3, will be a new 525,000 SF building, with the ability to lease spaces ranging in size from 5,000 square feet to 250,000 square feet.

Amazon to locate a 150,000 square foot delivery station facility in Mesa near Falcon Field.

Commercial Metals Company, a Texas-based steel and metal manufacturer, plans to construct a new facility adjacent to its current operation in Mesa and create 185 additional jobs. The new micro mill represents a net investment of $300 million. It’s anticipated the facility will be operational by early 2023.

Dexcom, Inc., a leader in continuous glucose monitoring for patients with diabetes, announced an expansion in southeast Mesa. The new lease at Landing 202 is 486,000 square feet and adds a facility to their portfolio that is three times the size of their west Mesa location. The new Mesa Regional Distribution Center is designed to grow with the company.

Davcon Aviation, LLC and Mesa Hangar, LLC are building aircraft hangars with manufacturing space in a phased project on more than one million square feet of vacant City of Mesa-owned land on the northwest side of Mesa’s Falcon Field. The first phase is expected to be completed by April 2021, with the second phase to be completed by November 2021. The six-building, $65 million project will include large aircraft hangar space in addition to ancillary office space, aircraft staging ramp, and vehicle parking areas.

BEMO USA, a leading global provider of free-form architectural shapes and high-performance metal roof and wall systems, will complete its new 100,000 square feet Mesa facility.

This year, Majestic Realty Co. completed construction of Majestic Falcon Field at the NWC of Higley Road an Ingram Street. Majestic Falcon Field is an 85,554 SF single-building, Class A, master-planned industrial development. The expansion of the airport has seen the business jet traffic steadily increase and we see that to be our niche for the foreseeable future.  Additional corporate hangars are in the planning stages and our newly surveyed industrial park will be receiving its first mfg headquarters in the near future. 

San Francisco Federal Reserve Bank > Update from Community Development

Nice to get these updates - here they are:

An update from Community Development at the SF Fed​

an-update-from-community-development-sffed
 
Recently I received an email from a child care provider asking me if I wanted to remain on their waiting list. It sounds standard enough, but this email arrived nearly four years after I put my name on the list, back when I was pregnant and anxious to find a quality, affordable child care option.

My struggle with long waiting lists isn’t unique, nor were the conversations I had with my husband about whether one of us would have to leave the workforce to care for our son. The experience does, however, strengthen my commitment to our new initiative,
Investing in the Future of Child Care, which launched last month with a series of webinars examining the child care market from a variety of angles. If you missed the live sessions, you can watch the recordings. And be sure to check out Bina Shrimali’s research brief that explores the importance of child care to the economy.

And it’s been a busy few weeks on top of that. Here’s what else we’ve been up to:

 
Exploring the Impact of COVID-19 on Housing Stability
Elizabeth Mattiuzzi and Eileen Hodge published a research brief that explores issues facing low- and moderate-income renters, homeowners, and small “mom and pop” landlords in the Twelfth Federal Reserve District.
 
Telling Stories of Resilience, Social Mobility, Dedication,
and Community
In partnership with Pink Box Stories, Bina Shrimali published a new Community Close-Up that centers the voices and experiences of “donut kids”—a term coined by the children of Cambodian-American donut shop owners to acknowledge their shared identities growing up in and around donut shops.
 
Promoting Racial Equity and Health through
Community Development
Laura Choi joined Maurice Jones, president and CEO of LISC, for a conversation on racial equity in the context of community development. Their conversation was part of the LISC Phoenix 2020 Virtual Awards Ceremony, which also celebrated the creation of a new Arizona affordable housing fund in which Joselyn Cousins played a role. And Bina Shrimali presented research at Racism, Health, and the Economy hosted by the National Association of Regional Councils.


We’re also pleased to announce the promotion of Bina Shrimali to research manager. With that change, we’re searching for a new senior researcher to join our team. Check out the job posting and apply here

And finally, scroll down to explore upcoming events you won’t want to miss and some important updates from the Federal Reserve System. 

Stay safe!

Laurel Gourd
Communications Strategist, Community Development
Federal Reserve Bank of San Francisco
 
 
 

Upcoming Virtual Events
 
Racism and the Economy: Focus on Employment
November 17 at 10:00 a.m. PT


Racism forms the foundation of inequality in our society. It limits opportunity for people of color and threatens the health of our economy. On 11/17, SF Fed President Mary Daly joins community, business, and academic leaders to discuss the economic impact of racism in the workforce. Topics to be covered include occupational segregation, discriminatory practices, and employment law. Explore the agenda and register today. 

This event is part of the Racism and the Economy series hosted by the Federal Reserve Banks of Atlanta, Boston, and Minneapolis. 
 
 
The New Future of Work: Future of Cities
November 23 at 10:00 a.m. PT


As new remote work options decouple employees from their employers’ physical locations, what becomes of city centers across the country? Does the divide between urban and rural communities narrow or widen? What will happen to onsite essential workers and small businesses? Join Mary Daly on 11/23 as she explores these questions and more with Keisha Lance Bottoms, Mayor of Atlanta, Georgia; Earvin "Magic" Johnson of Magic Johnson Enterprises; Lauren McLean, Mayor of Boise, Idaho; and Enrico Moretti of UC Berkeley's Department of Economics. Register today and submit your questions.

This event is part of The New Future of Work series. Missed the first discussion? Watch the recording of The New Future of Work: Remote Work
 
 
Updates from the Federal Reserve System
 
Help Shape the Future of the Community Reinvestment Act
Systemic barriers to credit and financial services continue to hold many communities back. The Federal Reserve Board recently issued an Advance Notice of Proposed Rulemaking on how we can modernize the regulations that implement the CRA. Public comment on the proposal is open—and it’s time to make your voice heard. Learn more.
 
 
Perspectives from Main Street: October 2020 Survey Results
The latest Perspectives from Main Street report summarizes findings from the October round of the Federal Reserve’s ongoing survey of communities. The majority of respondents said COVID-19’s impacts on a range of issues — from employment and education to basic consumer needs and health — got modestly or significantly worse since August, and over half of respondents expect it will take longer than a year for economic conditions in their communities to return to pre-pandemic levels. Read the full report.
 
 
Main Street Lending Program
The Federal Reserve Main Street Lending Program keeps credit flowing to small and mid-sized businesses and nonprofit organizations that were in sound financial condition before the coronavirus pandemic but now need financing to maintain operations. Looking for more information? Ready to apply for a loan? Interested in registering as a lender? Visit the Main Street Lending Program website for answers to your questions, program updates, and resources for borrowers and lenders.
 
 
SF Fed COVID-19 Resource Hub
Our resource hub makes it easy to find information about Fed actions and guidance in response to COVID-19 and related resources from the San Francisco Fed.
 
 
Federal Reserve Bank of San Francisco
 

 

 

 

Report from Chris Salvati: NEW DATA Rents are up in Phoenix, but rising faster in the suburbs

Hi Tim,
2020 has been a wild year for the rental market. A new report from Apartment List shows that while many large cities are getting cheaper, rents are actually rising in surrounding suburban communities.
Here's how things are playing out locally in Phoenix metro:
  • Since January, rents in the city of Phoenix are up 2.0% while rents in nearby suburban areas are, on average, up 2.9%.
  • Of the 10 local suburbs for which we have data, 7 of them are experiencing higher rent growth than Phoenix.
  • The Phoenix suburbs with the fastest-growing rents are Avondale (+7%) and Goodyear (+5%).

The full report compares urban and suburban rent growth in many major markets across the country. If you have any questions or would like to hop on a call to discuss these findings, please let me know!

Thanks,
Chris

CHRIS SALVIATI
Housing Economist
Apartment List
978.551.0600

Taking The Wrong Character from History To Compare with Trump...He might be "Pretender To The Throne"

Only future history can tell us what happens ..in the mean time it's all the more fodder to feed into the media-machine. Here's some idle ideation from a Professor of History at Princeton University on the once-and-future ruler of Trumplandia

What is to be done with Donald Trump?

He hasn’t yet conceded the election, but, come January 20, he will be looking for a new job. He is undoubtedly tempted to remain as much as possible in the public eye, rage-tweeting against the Biden administration and possibly starting up a new cable TV network. But he also has to worry about criminal investigations, and about defaulting on his considerable debt now that he can no longer use the presidency to drive business to his hotels and resort properties

 

 

President Donald Trump illustration

OPINION | Soapbox

The Case for Political Exile for Donald Trump

The country needs a clean break, Napoleon-style. And, hey, Trump might like his own island realm and an imperial title to go with it.

By David A. Bell

 

". . . By the Treaty of Fontainebleau, Napoleon agreed to leave France, and to renounce all claims by his family to the country.

It was a humiliation, but not a total one. The treaty allowed Napoleon to keep his title of “emperor” and gave him a new principality to rule: the Mediterranean island of Elba, off the coast of Tuscany and not far from his native Corsica—a pleasant place roughly the size of Martha’s Vineyard, with a craggy coastline and mild climate. Napoleon would have a spacious mansion to live in, a 400-man honor guard and a large staff. As “emperor of Elba” he would enjoy all the trappings of sovereignty, including a crown and flag..."

The question is which island > Martha's Vineyard, The "Bikini" Atoll...."

Does it really have to be like this? Doctors Pleading with Americans To Take The Virus Surge Seriously

 

What don't people get about this:

Doctors Call for More Restrictions and Caution as Virus Surges

Last UpdatedNov. 15, 2020, 1:25 a.m. ETNov. 15, 2020, 1:25 a.m. ET

More than 1 in every 400 people tested positive in the past week, and infections and hospitalizations have hit record levels across the country. Rising deaths have pushed even some reluctant governors to issue mask mandates and to limit gatherings

> Health care workers in some hard-hit states have taken to social media to issue urgent pleas for new restrictions to slow the spread of the virus and for the public to take precautions more seriously

> Governors and public health officials across the United States are pleading with Americans to change their behavior and prepare for a long winter as the country shatters record after record for coronavirus cases and hospitalizations.

The virus has also killed more than 1,000 Americans a day in the past week, a toll that would shock the nation were it not for the fact that twice as many people were dying daily during a stretch in April, when doctors knew less about how to treat Covid-19, the disease caused by the virus.

> More than 244,000 people have died from the coronavirus in the United States, more than any other country, and experts say the pace of new deaths is likely to accelerate in the coming weeks.

 

Saturday, November 14, 2020

REMOTE ZOOM FOR 1:33:24 Mesa City Council Study Session Thu 11.12.2020


There a helluva lot on-the-table for this Study Session - and you better have done your homework ahead of time!

Hizzoner Mayor John Giles is more than just a wee bit "fuzzy" in the Mayor's Welcome . . . stay with watching this Study Session as long as you can + see if all the council members are asking the right specific questions.

Starship Test Destroys Raptor Engine, But Burst Disc Saves Rest Of Vehicle

NO CAPTAIN ONBOARD