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2 Phoenix-Area Developments Secure $54M Financing

PCCP LLC provided the two senior loans that will be used to construct IDM Estrella Parkway in Goodyear, and IDM Cooley Station in Gilbert, Ariz.  IDM Cos. has secured $54.2 million for the development of two new multifamily communities in the Phoenix area. PCCP LLC provided the two senior loans. The projects will be IDM Estrella Parkway in […]

Phoenix developer named among Forbes’ top small companies

Evergreen Devco Inc., which has been working on a slew of multifamily projects and retail developments around the Valley in the past year, has been named one of the top 25 small companies in the U.S. by Forbes magazine. Forbes recently released its “small giants” report, and cited Evergreen for its policy of allowing employees to invest in […]

Evergreen Devco sells Pleasant Grove retail center for $3.1M

Evergreen Devco, which broke ground on the redevelopment of a retail center in Pleasant Grove in June, has now sold the 5,500-square-foot property for $3.1 million. Pinot Pasadena Land Co. purchased the property. The newly developed three-tenant retail center is located at 855 W. State St. and is currently home to a Mo’ Bettahs Hawaiian Style […]

Chamber donates meal to local food agencies

When April 10 storm Front Range storm turned into fears of slippery roads the next morning, the Metro North Chamber of Commerce decided to send the breakfast feast they’d planned for an annual review of upcoming projects to Senior Hub’s Meals on Wheels program and the soup kitchen at Federal Height’s Thrive Church. “We hate […]

The Constellation Ice Cream Officially Takes Flight This Saturday

As the weather warms, there is nothing better than a cool scoop of ice cream. Luckily, a new member of the Little Man Ice Cream family just joined the party to serve up some sweet treats. The Constellation Ice Cream took inspiration from and is named after the Lockheed Constellation or “Connie”– an aircraft that […]

The Pipeline: Commercial real estate deals for 3.22.19

Evergreen Devco reports the following deal: Evergreen Devco, a retail and multifamily development with headquarters in Denver and Phoenix, has purchased 5.86 acres at the northeast corner of 144th Avenue and Washington Street in Thornton. The company plans to develop a shopping center called Dry Creek Commons. Construction is expected to begin in May.

Evergreen Devco Opens Pleasant Grove Town Center Retail Development in Utah

PLEASANT GROVE, UTAH — Evergreen Devco has opened Pleasant Grove Town Center, its first retail development in Utah. Located at 855 W. State St. in Pleasant Grove, the 1-acre site is now home to Mo’ Bettahs Hawaiian Style Food, which opened on Feb. 22, and Beans & Brews Coffee House, which opened in late January. The […]

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