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Lee & Associates - Arizona | Week in Review | Friday, June 20, 2014

06/23/2014

LOCAL NEWS

 

Full Buildout of Intel’s Ocotillo Campus Would Mean Another 6.5MSF

Intel is proposing a Preliminary Development Plan to revise the Ocotillo campus. This is the fourth revision to the plan since the campus was first planned. AZBEX

 

LGE breaks ground on METSO facility

LGE Design Build broke ground on a 44KSF service facility for Metso Corporation on June 6.  The facility will be located at Pecos and Sossaman roads in Mesa, Ariz. AZ BIG MEDIA

 

Elliott Pollack: The economy is being fickle

According to the National Bureau of Economic Research (NBER) the current economic expansion is five years old this month. ROSE LAW GROUP REPORTER

 

Tempe's streetcar gets a new route

Valley Metro and the city of Tempe are lengthening their proposed route for a new streetcar system, and adding to the project's estimated cost, in a bid to woo federal transit dollars after seven years of courtship. AZCENTRAL

 

Prescott Valley population is growing and growing

When the Taylor family moved into the Granville development in early June, the population of Prescott Valley increased - again. THE DAILY COURIER     

 

 

NATIONAL & INTERNATIONAL NEWS

 

U.S. economy poised for faster growth

Bank of New York Mellon Corp. Chief Economist Richard Hoey anticipates growth of 3.5 percent to 4 percent for the global economy and about 3 percent for the U.S. economy over the next four to eight quarters. PITTSBURGH BUSINESS TIMES

 

Dubai’s Only REIT Sees Hidden Gems in Underrated Offices

Dubai’s only real estate investment trust may spend about 675 million dirhams ($184 million) on Dubai office buildings, betting on a part of the market that missed out on the city’s property rebound. BLOOMBERG

 

Middle class ‘squeezed out’ of urban living

Americans increasingly say they prefer to live near the centers of cities and towns, where commutes are typically shorter and culture, restaurants and entertainment close by. FINANCE & COMMERCE

 

A City's 'Walkability' Drives Real Estate Values

Millennials prefer urban cores, even ones outside of major metropolitan areas, because they want to be able to walk or bike to work and stores. In turn, areas that offer so-called walkability should see more home buyers and renters than those that don't. NBC NEWS

                 

 

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06/20/2014 - 09:00

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