ORO VALLEY, ARIZONA — Canyon Building & Design has completed a new addition to the Leman Academy of Excellence at 12255 N La Cañada Dr. in Oro Valley.

Leman Academy is a tuition-free public charter school focusing on Classical Education with locations in Arizona and Colorado. It is its own educational institution and therefore is not part of a school district. Leman Academy of Excellence in Oro Valley, Arizona is a K-8 School with Elementary School and a full-day Kindergarten to 8th Grade and Pre-K (Age 3-4). The foundational principles for the educational philosophy of Leman Academy of Excellence has been formed and established by Dr. Kevin Leman, the founder of the school, who has often dreamed of launching a school and learning environment for young people that willingly engages and embraces parents in the educational process, highlighting the parent/teacher/scholar relationship to bring out the best in each and every child.

The new state-of-the-art facility includes new classrooms, cafeteria, warm kitchen and bathrooms in a massive 31,655-square-foot area. The addition is part of several expansions throughout the state being constructed by Leman Academy of Excellence.

Architect: Carhuff & Cueva Architects, LLC
Engineer: Grenier Engineering, PC
Engineer: ASEI Engineering, Inc.
Construction: Canyon. the leader in construction for education.

To learn more on Canyon Building & Design, call 520-299-7927  or go to http://canyonbd.com

PHOENIX, Arizona – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of Ocotillo Apartments, a 173-unit apartment complex located at 1780 West Missouri Avenue in Phoenix, Arizona. According to Ryan Sarbinoff, regional manager of the firm’s Phoenix office, the asset commanded a sales price of $12,850,000 or $74,277 per unit.

Rich Butler, a Senior Vice President Investments in Marcus & Millichap’s Phoenix office as well as Sean Connolly, a multifamily specialist negotiated the sale on behalf of both the buyer and the seller.

“Ocotillo Apartments was a sold by a local apartment investor who purchased the property in 2012 in partnership with the City of Phoenix through their NSP3 program,” Butler explained. “We were able to critically analyze the impact of the LURA restrictions, aggressively price the project, broadly market the property through all relevant channels and present multiple offers to the seller who was motivated to step away from the constant City of Phoenix oversite.”

“We located the perfect first-time southern California buyer who quickly performed his due diligence and then patiently and intently navigated the shifting City of Phoenix approvals, the fluctuating Fannie Mae debt requirements, and the novel Covid-19 landscape,” Butler noted. “This non-profit company will continue to operate Ocotillo Apartments within the 22-year remaining affordable housing guidelines as his company has owned similar properties in California since 2010.” Marcus & Millichap closed Ocotillo Apartments within 98.5% of list price.

Built in 1972 and completely renovated in 2014, Ocotillo Apartments is comprised of studio, one and two-bedroom apartment homes, all of which feature updated kitchens, bathrooms, air conditioning units, energy efficient windows and doors. This affordable housing community offers many amenities including a large pool area with an expansive clubhouse, two laundry rooms, covered parking and a dedicated leasing office. Connolly commented, “The project was completely renovated in 2014 with funding through a $4,800,000 City of Phoenix NSP3 loan, which set aside 118 affordable units through a LURA contract.”

Connolly added, “Conveniently located just east of 19th Avenue and south of Bethany Home Road, Ocotillo is within walking distance to the Phoenix Metro Light Rail which becomes an invaluable benefit to residents requiring transportation flexibility.” Also within walking distance is Christown Spectrum Mall which offers retail tenants such as Walmart, Costco, Target, Ross Dress for Less, Big 5 Sporting Goods and Harkins Theatres. Less than a mile to the north is Abrazo Central Medical Center which employs over 320 doctors serving this 221-bed facility. Grand Canyon University is less than two miles to the west with over 21,000 students enrolled on campus and over 70,000 students studying online.

Joint-venture team recognized for Tucson’s Ina Road Traffic Interchange

TUCSON, Ariz. – Sundt Construction, Inc. and its joint venture partner Kiewit continue to earn awards for their work on the Ina Road Traffic Interchange. The two and a half year project was recently awarded the 2020 “Public Works Projects of the Year” by the Arizona Chapter of the American Public Works Association (APWA) in the category of Transportation: over $75 million and the 2019 Arizona Department of Transportation (ADOT) Partnering Award.

“Sundt is extremely grateful to continue to receive awards on this project,” said Ryan Cannon, Sundt Project Manager. “Our team’s execution of this project is a true example of how planning, attention to safety and quality can result in a successful project.”

The construction manager at-risk project involved reconstruction of the interchange at Ina Road as a precast concrete bridge overpass to I-10. It also included several street improvements, channel construction, drainage, retaining walls, signals, lighting, and utility relocation.

The joint-venture team began work in January 2017 to elevate the Ina Road interchange, widen I-10 and Ina Road, and replace the existing Santa Cruz River Bridge. The improved infrastructure helps reduce delays and increases safety for the nearly 25,000 drivers who use the interchange every day.

The APWA Public Works Project of the Year Award celebrates excellence in the management, administration and implementation of public works projects. The ADOT Partnering Award recognizes partnership teams who demonstrate a high degree of achievement through partnering principles and partnering processes. To date, Sundt’s Transportation Group has won 11 partnering awards.