Sun Plaza Shopping Center Under Construction in Tempe
Ground breaks on a $2.5 million Sun Plaza Shopping Center at Scottsdale and McKellips in Tempe. Alpha Beta Market and Thrifty Drug Store will anchor a 76,000 square foot center with 15 additional shops including Ace Hardware Dairy Queen and Round Table Pizza.
MENTIONED IN THIS ARTICLE
Scottsdale
McKellips Roads
Tempe
Sun Plaza
Alpha Beta Market
Thrifty Drug Store
David R. Johns
Ace Hardware
Dairy Queen
Roundtable Pizza
Coldwell Banker
Community Builders
Johns
John Wilson Dick
Mayo, Winfield and Ciento
Mortgage lending to jump in 11th FHLB District 1976 forecast
Dr. Maurice Mann of the Federal Home Loan Bank of San Francisco predicts 1976 total mortgage lending by sav ings and loan associations in the 11th district will rise about 60 percent from 1975. He notes June 1976 lending hit 2.1 billion, exceeding April’s 1.7 billion record, with California leading and Arizona and Nevada also strong. Mann sees full year lending near 17 billion, up 6 billion from 1975, funded by high savings inflows and repayments.
MENTIONED IN THIS ARTICLE
Federal Home Loan Bank of San Francisco
FHLB
Arizona
Maurice Mann
Mann
California
Nevada
Federal Home Loan Bank
Savings and Loan Associations
Communication problems burden homeowners associations
An article explains that condominium living blends ownership with shared communal duties. Poor communication leads to apathy and disputes over maintenance, painting, pool upkeep, and clubhouse hours, while professional management firms enforce rules and collect fees for homeowners associations.
Biltmore projects top 100 million in commitments
Arizona Biltmore Estates sees capital investments surpass 100 million with four initial projects St Luke’s Medical Center The Cloisters Best Western corporate HQ and Marquis Development luxury homes plus three more announced in 30 days. New ventures include an 11 million adult community 334 luxury apartments by Doug Frank Moore Investment Corp fronting 32nd Street and Camelback Road. DividEND Industries adds 17 million 3.5 acre neighborhood homes on 24th Street Missouri Avenue. Squaw Peak Land Co offers 64 estate lots near golf courses and lake system.
MENTIONED IN THIS ARTICLE
Arizona Biltmore Estates
W. Hamilton Weigelt
St. Luke’s Medical Center
Cloisters
Best Western, Inc
Marquis Development Company
Doug Frank and
Moore Investment Corp
Camelback Road
32Nd Street
Doug Frank
Southwest
Dividend Industries, Inc
Santa Clara
Calif
Phoenix
24Th Street
Missouri Avenue
Fifth Valley
Sam Robinson
Arizona
Squaw Peak Land Co
Valley Industries, Inc
Papago 76 opens Sunday with five model homes in Scottsdale
Papago 76, a 14 acre Scottsdale subdivision by Mel Tanzer Inc., offers five open models Sunday from 10 am to dusk. The $3.5 million project includes 75 custom Spanish style homes priced from 36 900 to 48 500, with most already sold.
MENTIONED IN THIS ARTICLE
Scottsdale
56Th Street
Thomas Road
Cambridge Ave
Mel Tanzer Inc
Papago Buttes
Santa Rosa
Santa Cruz
San Serafin
San Xavier
San Simeon
Tax reform could aid home mortgage market
A proposed tax reform amendment would require pension funds to invest at least two percent of assets annually in mortgages, boosting available financing for home buyers. With nearly 300 billion in pension pools, the measure aims to channel more funds into residential mortgages and stabilize loan flow, supported by real estate groups and industry leaders.
MENTIONED IN THIS ARTICLE
John Hart
The
National Association of Home Builders
Rezoning requested for two parcels at 44th and Camelback
The Phoenix Planning Commission will review an application by Hollingsworth Arnett Inc to rezone two adjacent parcels totaling about two acres east of 44th Street north of Camelback for The Villages development. The plan seeks elimination of commercial office zoning and reduced parking to permit varied retail uses. Western Savings and Loans Association owns the sites.
MENTIONED IN THIS ARTICLE
44Th Street
Camelback Road
Phoenix Planning Commission
Camelback
Hollingsworth, Arnett, Inc
Peter Atonna
Phoenix
Also Mentioned on This Page
Scottsdale and
Richard M. Daniels
Copley News Service
Homeowners’ Association
Biltmore
Talley Industries Company
Tanzer
Helen Cossman
Beth Fornefeld
Ed Post Realty
of Realty
James M. Woodard
Western Savings and Loans Association
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