Construction up for month in Scottsdale and Phoenix forecast
Scottsdale construction expenditures rose nearly $200 000 in November from October the October permits totaled 3 269 345 with November at 3 428 000 Commercial work grew from 570 000 to 916 814 October living units 122 spiked to 141 in November with expenditures of 2 229 520 but November costs fell to 2 049 715 Other work including pools remodeling carports stayed around 477 449 in October and 473 139 in November Phoenix foresees a record 200 million in construction value by year end with about 9 000 new homes and apartments far surpassing 1968 69 and 1961 62 peaks Building permit valuations year to date reach 189 501 272 for Phoenix through November 1969 Herbert Middleton notes the 200 million target could place Phoenix fifth to eighth nationwide The 1 482 permits issued last month total 16 321 909 versus 9 089 280 for November 1968 The first eleven months of 1969 total 189 000 000 on 19 913 permits versus 101 658 787 on 15 305 permits in 1968
MENTIONED IN THIS ARTICLE
Phoenix
Middleton
Chicago O'Hare Plaza project to log 1.8 million manhours
Chicago officials note that by completion the O'Hare Plaza complex will have required more than 1.8 million manhours of labor. The figure equates to a single worker working eight hours daily, five days a week for about 900 years.
MENTIONED IN THIS ARTICLE
Chicago
UPI
O’hare Plaza
Real Estate Board Adds Two Realtors at Scottsdale Meeting
Freeman will address the Scottsdale Real Estate Board on Attitudes at its regular Tuesday meeting at 12 15 p m in the Safari Hotel. The board welcomed two new Realtor members Robert A Fletcher of Western American Realty and T Todd of Realty West, as announced by president Henry Gruenmeier.
MENTIONED IN THIS ARTICLE
Nevin. Freeman
Tomsik Sales Institute
Scottsdale Real Estate Board
Safari Hotel
Robert A. Fletcher
Western American Realty Ne Investment Company
Old
Scottsdale Rd
T.todd
Realty West
West Main St
Henry Gruenmeier
Real Estate Board
Mortgage rates stay high but buying now warned
Market expert Marsh Trimble says delaying home purchases due to high mortgage rates is a mistake. He notes land and construction costs rise, trades shortages persist, and even if rates edged down it would hardly help buyers. Seek reputable builders who can arrange loans.
MENTIONED IN THIS ARTICLE
Marsh Trimble
Professional Builder Magazine
Trimble
Arizona sees billion-dollar construction year in 1969
Valley National Bank researchers forecast Arizona will put in one billion dollars of new construction in 1969, up 30 percent from 1968. Employment reaches 34 000 workers while payroll tops 285 million, with Phoenix area housing permits up 76 percent as residential building accelerates statewide.
MENTIONED IN THIS ARTICLE
Arizona
Valley National Bank
Arizona’ Progress
Real estate syndicate offered as new investment tool
Arizona leads growth with real estate as top industry and Coldwell Banker introduces real estate syndicates led by Scottsdale partner Carter Norris. The scheme pools investors to form limited partnerships, with $5,000 entry, no management fees until sale, and projected high after tax yields aided by depreciation and leverage.
MENTIONED IN THIS ARTICLE
Arizona
Coldwell Banker & Co
Scottsdale
Carter Norris
Coldwell Banker
California
Norris
Local firm seeks Class C-34 license for Silvas Painting
Manuel Silvas of Scottsdale has applied for a Class C-34 contractors license. The business will be named Silvas Painting Contractor and lists 8732 E. Edward Ave as its address.
MENTIONED IN THIS ARTICLE
Manuel Silvas
Scottsdale
Silvas Painting Contractor
E. Edward Ave
Townhouses Under Construction At 78th Street And Glenrosa
Twenty resort type townhouses rise at 78th Ste and Glenrosa with occupancy planned for January. Builder Bob Horton of Spance Inc. says units include one two or three bedrooms and will be fully furnished for resort type rentals priced from 400 to 700 dollars monthly. Construction costs for the two story units total 350000 dollars. Architect Stephen Ryciak supervised design.
MENTIONED IN THIS ARTICLE
Ste
Glenrosa
Bob—Horton
Spance Inc
Spanish Territorial
Stephen Ryciak
Also Mentioned on This Page
Scottsdale Estates
East McDowell Rd
Hallcraft Homes
The
Herbert Middleton
Building and Housing Safety Department
Manhours Plus
Board
Syncro Fung
Synero
Douglas M
Reeve Safeco Securities, Inc
Anderson, Reeve & Young. Inc
3Rd Avenue
Scottsdale, Ariz
Scottsdale Daily Progress
Villa Monterey
Casita Colony
Casitas Walled Patio
Mehagian
Certy
APS
Bob Driscoll
Enterprise Fund
Dreyfus Fund
IBM Common Stock
At&t
Interstate Power Co
Arizona School of Real Estate, Inc
West Indian School
Beef House OF
Beef- House
Aleen Dong
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