Daily News from the desk of Nicholas L Miner, CCIM – May 11, 2009

Daily News from the desk of Nicholas L Miner, CCIM

Here are the news stories you might find interesting today:

Gateway Airport to get grant to upgrade terminals

Nordstrom pulls out of CityNorth project

Neighbors rally to fight Walmart rezoning

New data offer view of state's economy

Cave Creek Walmart plan met with suspicion

Job losses continue, but April numbers short of expectations

The national unemployment rate moved higher again in April, but the total number of job cuts was the lowest in six months.

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Phoenix-Mesa Gateway Airport gets $24M from FAA for improvements

Phoenix-Mesa Gateway Airport is getting $24 million from the Federal Aviation Administration to help improve and expand its terminal and passenger services.

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Snell & Wilmer lay off support personnel

The Snell & Wilmer LLP law firm has cut between 30 and 40 administrative and support positions.

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Newly created downtown Phoenix charter school to hire 97

The Phoenix Elementary School District voted unanimously Thursday to partner with a charter institution to open a K-8 school on the district's Phoenix Preparatory Academy campus downtown.

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Gilbert, which had 1 hotel, now has 3

Only two weeks ago, Gilbert had just one hotel. Friday it has three, with the completion of the 127-room Hyatt Place Phoenix/Gilbert at Val Vista Drive and the Santan Freeway stretch of Loop 202.

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Foreclosure Looms on 1,000-Plus Acres

MESA, AZ-An assemblage that took Paragon Properties two years and $100 million to complete is in danger of going on the auction block.

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TEMPE SPECIFIC NEWS:

PERMITS FINALLED

04/03/09 - ADDITION/ALTERATION at 1976 E. 5th St. for Sigler Warehouse Declared Valuation: $200,000 Plan Check No.: PC08-1026

04/08/09 - ADDITION/ALTERATION at 120 E. 5th St. for Tempe Municipal District Center Declared Valuation: $1,800,000 Plan Check No.: PC08-0753

04/20/09 - NEW BANK BUILDING at 787 E. Elliot Rd. for MidFirst Bank Declared Valuation: $526,500 Plan Check No.: PC06-1269

04/22/09 - NEW CONVENIENCE STORE W/ GAS at 507 W. Broadway Rd. for Circle K Declared Valuation: $400,000 Plan Check No.: PC08-0863

04/23/09 - NEW PARKING GARAGE at 201 S. Ash Ave. for Tempe Gateway Declared Valuation: $15,611,500 Plan Check No.: PC08-0089

04/27/09 - TENANT IMPROVEMENT at 6458 S. McClintock Dr. for Trader Joes Declared Valuation: $300,000 Plan Check No.: PC08-0697

04/30/09 - TENANT IMPROVEMENT at 3011 S. 52nd St., Ste 115, for ADT Declared Valuation: $410,000 Plan Check No.: PC08-1189

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