IN THE NEWS!

first article, Residents decry power-line route plan, from the Arizona Republic, reports that residents of the Valley Vista housing community that Meritage Homes is developing at Jomax and 19th Ave. are voicing their concerns over a proposed APS power-line project that could affect their community. APS had originally approved a power-line corridor in 2003 that would take the 230 KV power lines south of Happy Valley Road, but APS is now looking at several alternative routes, one of which would run the lines along Jomax Road from I-17 to 19th Ave, placing the lines in close proximity to the new homes in Valley Vista. A final decision on the power line route isn't expected until next year.

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The second article, Upscale urban village planned for Zanjero, from the Arizona Republic, reports that a new 20-story hotel, shops, restaurants, office space and residential lofts will be developed on part of the 151-acre Zanjero development located near the new Cardinals stadium at 91st Ave. and Glendale Road. Nevada-based Marathon Commercial Development purchased the land for $30 million earlier this year. Construction is to begin next year, with the first phase expected to be completed before the 2008 Super Bowl. Plans call for about a half-million square feet of retail and restaurant space, 200,000 square feet of office space, two-and three story residential lofts above retail, and three mid-size residential towers. About 1.5 million people now live within a 30-minute drive of Zanjero, while about 300,000 employees work within 10 miles of the area, according to Marathon. Look for this area to continue to be a hot spot for commercial, retail and residential development.

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