The COVID-19 pandemic may have thrown a wrench in many industries, but Arizona’s real estate industry does not appear to be one of them. Many Arizona real estate companies are having a record year in 2021, and many are optimistic that this will continue as we travel into 2022. Here are six Arizona commercial real estate projects to watch in Arizona’s boiling commercial real estate market. .

READ ALSO: How can Arizona cope with the increasing demand for labor in the construction industry?

Several families

Moon Tower PHX

Developer: Lincoln Companies

Capital partner: Cross Harbor Capital Partners

Architect: Shepley’s Bulfinch

Service provider: I Dunn

Interior design : Michael Hsu Office of Architecture

Cut: Development of 24 floors and 326 units

Site: 811 N. 3rd St., Phoenix

Start: Summer 2021


Applied research building

Developer: University of Arizona

Entrepreneur and architect:
McCarthy | Smith Group

Cut: 89,000 square feet

Site: Southeast corner of East Helen Street and North Highland Avenue, Tucson

Complete: January 2023

The Grove.

Mixed use

the grove

Developer: RED development

Cut: 15 acres

Site: 44th Street and Camelback Road, Phoenix

Value: $ 300 million

Characteristics: The Global Ambassador Hotel, a four-story Class AA office building, several retail spaces and restaurants on the ground floor, and more

Start / End: June 2021 / Fall 2023

Haydon Building Corp recently opened the Tolleson Civic Center. Designed by SmithGroup, this state-of-the-art, $ 22 million civic center, when completed, will be the new home for Tolleson’s town hall, council chamber, library and senior center.


Civic Center of Tolleson

Developer: City of Tolleson

Service provider: Haydon Construction Company

Architect: Smith Group

Site: 9055 W. Van Buren St., Tolleson

Value: $ 22 million

Start: June 2021

Several families

Skye on 6

Developer: Hubbard Street Group

Capital partner: Cresset Real Estate Partners

Architect: Shepley’s Bulfinch

Service provider: Clayco

Cut: 309 units

Site: Southeast corner of 6th Street and Garfield Street, Phoenix

Start / End: July 2021 / Summer 2023


Artisanal workforce center

Developer: McCarthy Construction Companies

Architect: DLR Group

Cut: 40,000 square feet

Site: Chandler

Start / End: July 2021 / January 2022

Center for artisanal labor.


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