Although the formal developer or company names have not been publicly released, the city passed an agreement unanimously to reimburse an entity called Chevelle Properties LLC up to $5 million for public infrastructure improvements for the project such as street frontage and intersection upgrades, water and sewer main extensions or other regional traffic improvements.
The city has not confirmed any potential locations for the project, but earlier this year Chevelle Properties LLC applied for a state land auction for about 35 acres near the southwest corner of Tatum and Mayo boulevards in northern Phoenix. A city report said the office campus and potential headquarters for a company could be one of the first large-scale office employment announcements nationally since the Covid-19 pandemic, which it said signifies a"return to normal business and recovery."
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Singapore Latest News, Singapore Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
$200 million office project in north Phoenix proposed for potential company headquarters - Phoenix Business JournalA city report said this project would be considered one of the first large-scale office employment announcements since the Covid-19 pandemic started.
Source: phxbizjournal - 🏆 254. / 63 Read more »
Phoenix Suns exec leaves team for Trackhouse Racing - Phoenix Business JournalDean Stoyer has left his position as chief marketing and communications officer with the Phoenix Suns and will be running a newly-formed content and event company focused on auto racing.
Source: phxbizjournal - 🏆 254. / 63 Read more »
Buckeye, Phoenix approve new residential, storage containers projects - Phoenix Business JournalNew master-planned communities could bring thousands of new homes and multifamily units to West Valley communities, while in downtown Phoenix, the city is allowing a local design firm to bring more repurposed shipping containers for potential residential or retail uses.
Source: phxbizjournal - 🏆 254. / 63 Read more »
Report: Venture capitalists place bid on Phoenix Suns - Phoenix Business JournalThe Suns majority owner Robert Sarver announced earlier this year that he would explore selling the team after the NBA fined him $10 million and banned him from the team for one year. phoenix
Source: phxbizjournal - 🏆 254. / 63 Read more »
Report shows demand remains high for tech workers in Phoenix - Phoenix Business JournalIf you are a tech worker looking for a new gig or thinking of changing jobs in the Phoenix metro, you're in luck. Job demand is growing.
Source: phxbizjournal - 🏆 254. / 63 Read more »