2014 Construction trends in western states were mixed in 2014 with Colorado gaining 4% in construction activity, Arizona losing 7,000 construction jobs, and New Mexico remaining sluggish. The loss of jobs in Arizona is related to a slowing of the states’ extremely rapid growth in recent years, at 43 percent between 1960 and 2000. The… Read more »
Posts Categorized: Real Estate
New Otter Exhibit Planned for Albuquerque BioPark says Construction Reporter
The New Mexico BioPark plans to begin building a new otter exhibit, hinging on bond sales for the project around March of 2015. The exhibit is expected to be open to the public by 2016, creating much needed Albuquerque construction jobs. Zoos in nearly 40 states now feature otter exhibits, pointing to the love so… Read more »
New Mexico GO Bond Frees $139 Million for 2-Year College Construction says Construction Reporter
New Mexico’s General Obligation Bond C was passed by 56 percent of the vote last month, freeing $139 million for building and renovations of 2 year colleges across the state, thus fueling New Mexico’s construction industry. Some projects include 5 million for construction of a the Health Wellness Learning Center adjacent to the Hobbs campus… Read more »
Master Plan for Phoenix Biomedical Corridor to Be Released Soon says Construction Reporter
A multi-billion dollar biomedical corridor stretching from 64th street to Loop 101 and the Arizona Canal is currently being planned for Phoenix, Arizona, in a joint venture between the City of Phoenix, Arizona State University and the Mayo Clinic, boosting Arizona’s construction industry. Planning began in 2012. Full build out is within about 15 years… Read more »
M West Holdings Acquires Luxury Apartment Community on “Millionaire’s Row” in Pasadena, CA
M West added to a track record of identifying prime value-add commercial real estate assets in thriving “A” locations with its purchase of Pasadena’s Orange Grove Circle.
