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These stories from AP and other major media sources have not been reported, edited or fact-checked by RCP editors.

Showing items 1 - 25
 

07/17/2014Settlement Reached On Santa Teresa Railroad Hub Licensing Flap

July 17--Two out-of-state construction companies will pay a total of $150,000 to settle allegations of unlicensed contracting on the Union Pacific railroad hub project in southern New Mexico. The violations could have resulted in fines ranging in the millions of dollars under state law that calls for a penalty of 10 percent of the value of the contract, which was in excess of $178 million. The ...
07/17/2014Arizona Construction Firm Sues Trade Group Over Alleged Comments

July 17--The construction company responsible for the North La Cañada Drive widening project has filed a $4 million defamation lawsuit against a trade organization that represents many specialty construction contractors. Select Development and Construction filed the suit against the Alliance of Construction Trades (ACT) on July 7 in Pima County Superior Court. The complaint accuses ACT and its ...
07/16/2014Developer Secures $312M For Summerlin, Nev., Mixed-Use Project

July 16--Summerlin developer Howard Hughes Corp. has secured a nearly $312 million loan to finance its massive retail and office project under construction near Red Rock Resort. The company said in a regulatory filing today that it obtained the credit package Tuesday from a group of lenders led by Wells Fargo Bank. The loan matures July 15, 2017, but has two one-year extensions. Under the ...
07/15/2014Work To Begin This Month On Rebuild to Arizona Highway 89

July 15--It's been 17 months since a landslide collapsed a chunk of Highway 89 south of Page, adding 50 miles to the trip to and from Flagstaff. And it's almost exactly one year since the Arizona Department of Transportation announced it would rebuild "the Cut" by moving the highway about 60 feet over into the Echo Cliffs. Now, the agency says work will begin later this month and the road ...
07/16/2014New Barracks To Replace Dorms At Nellis Air Force Base

July 16--Las Vegas airmen are getting some new digs. The U.S. Army Corps of Engineers recently awarded a $30.4 million contract for a three-story, 240-room dormitory at Nellis Air Force Base in the northeast valley. The 85,250-square-foot, H-shaped complex will have 60 four-bedroom and four-bathroom units, each with a full kitchen, laundry room and dining area. The Korte Co., based in St. ...
07/14/2014Private Medical School To Join NMSU Campus

July 14--LAS CRUCES -- New Mexico State University's campus will soon host a private medical school. The Burrell College of Osteopathic Medicine, funded entirely by private investors, is scheduled to open in fall 2016 across from Arrowhead Park Early College High School on NMSU's campus. The school will serve 150 students in its first year, adding students throughout the years to reach the ...
07/14/2014Ikea Announces Plans To Open Las Vegas-Area Store

July 14--Ikea will open its first store in the Las Vegas market in the summer of 2016 at Sunset Road and Durango Drive near the 215 Beltway, company officials announced today. "Bringing a bit of Sweden to Nevada," a company spokesperson said. Ikea's announcement, made at the Clark County government offices, is welcomed news to fans of the assemble-it-yourself furniture retailer. For county ...
07/13/2014Compadre Stadium In Chandler, Ariz., To Be Replaced By Housing

July 13--Compadre Stadium will soon be replaced by a residential community. On Monday, the Chandler City Council approved an ordinance rezoning the land that Compadre Stadium sits on to be residential property and allow Standard Pacific Homes to build houses on the land at the southeast corner of Ocotillo and Alma School roads. The gated community, called Echelon at Ocotillo, was passed in a ...
07/13/2014Senate Leader Reid Steers Nevada Into Renewable Energy Mecca

July 13--Senate Majority Leader Harry Reid's dream of masterminding the Saudi Arabia of renewable energy in the Nevada desert seems so close that not even the membership of a little-known federal agency can be left to chance. The Democrat's interest in the Federal Energy Regulatory Commission starts with his desire to grow the renewable energy industry in his home state, experts said. Reid ...
07/09/2014NMSU Seeks Private Developers For Student Housing

July 09--LAS CRUCES -- New Mexico State is joining the ranks of a growing number of public universities turning to private companies to fund and build student housing. NMSU needs to replace aging residences, but doing so requires a "huge" financial investment, NMSU housing director Julie Weber said. Housing for student families and the Greek community is 50 to 60 years old, while 40-year-old ...
07/08/2014Investor Impact Wanes As Las Vegas Home Prices Climb Again

July 08--Las Vegas home prices continue to rise as investors, lured here by the recession's bargains, keep backing out. The median sales price of previously owned single-family homes in Southern Nevada last month was $199,900, up 2.5 percent from May and 14 percent from June 2013, according to a new report from the Greater Las Vegas Association of Realtors. Prices haven't been this high since ...
07/05/2014Ames Sundt JV Could Face Fines For Bidding Without A License In N.M.

ALBUQUERQUE, N.M. (AP) — A former contractor on a $400 million Union Pacific railroad hub in Santa Teresa along the state's southern border with Mexico has been accused of bidding for the job without a legal New Mexico license.Potential fines levied against the company, Ames Sundt JV, could reach into the millions of dollars, the Albuquerque Journal reported (http://bit.ly/1jTQuGl ) ...
07/06/2014Park Service Calls Development Plans A Major Threat To Grand Canyon

July 06--REPORTING FROM GRAND CANYON NATIONAL PARK -- At the rim of the Grand Canyon, busloads of Chinese tourists jostled on a recent day with twentysomething backpackers and an Amish family with rambunctious boys in suspenders and straw hats, all eager for a prime viewing spot. They gazed out on a dizzying sight of receding canyons and sheer rock walls, with the Colorado River cutting though ...
07/03/2014Spaceport To Seek $6.5M Loan For Truth Or Consequences Visitors Center

July 03--LAS CRUCES -- Spaceport America officials this week OK'd seeking $6.5 million to build a visitors center in Truth or Consequences. They said they're now following a plan that -- at least for now -- has two other proposed visitors centers, one in Doña Ana County and one at the spaceport site in Sierra County, on the backburner because of a shortage in funding. The New Mexico Spaceport ...
07/02/2014Tesla's June Target For Battery Factory Passes Without Comment

July 02--Tesla Motors Corp. didn't break ground on its $5 billion battery factory in June after all. That target passed without incident Monday when the electric car company failed to announce where it would begin preliminary work on its "gigafactory," which is expected to employ up to 6,500 workers. CEO Elon Musk raised the June timeline in a conference call with analysts in early May in ...
07/02/2014Arizona, Nevada, Trail In Job Recovery With Construction A Major Factor

WASHINGTON (AP) — Five years after the Great Recession officially ended, most states still haven't regained all the jobs they lost, even though the nation as a whole has. In May, the overall economy finally recovered all 9 million jobs that vanished in the worst downturn since the 1930s. Another month of solid hiring is expected in the U.S. jobs report for June that will be released Thursday. ...
07/02/2014Showcase Mall On The Las Vegas Strip Sells For $145 Million

July 02--Showcase Mall, the Strip retail center known for its giant Coke bottle and M&M's out front, has a new landlord. A group of New York investors, including the family that launched Jordache jeans, recently paid $145 million for a 190,000-square-foot chunk of the property. The sale, one of the more lucrative in Las Vegas in recent years for nonresorts, gives the Nakash family and their ...
07/01/2014Despite Interweb Hoopla, Arizona's London Bridge Is Not Falling Down

FLAGSTAFF, Arizona (AP) — The London Bridge is not falling down, despite a British tabloid saying that the western Arizona tourist attraction could be bulldozed to make way for drug tourism. Lake Havasu City officials heard about the story in The Sun after a local resident from a London suburb showed them a copy of the tabloid. They say it was a slap in the face, particularly when more than ...
07/02/2014Albuquerque Area Home Prices Edge Upwards

July 02--Home prices in the Albuquerque metro area, which have crawled up and down since the housing bubble burst, are showing signs of a rally so far this year, according to a report released Tuesday by CoreLogic. The average price increased year over year by 3 percent in May, according to CoreLogic's Home Price Index, which tracks the price movement of repeat home sales. After ending 2013 ...
07/02/2014Las Vegas Hilton Sold, The Quad To Be Renovated In Las Vegas

LAS VEGAS (AP) — Two major Las Vegas resorts will be completely overhauled and rebranded in another sign that the entertainment capital is emerging from its recession doldrums. Caesars Entertainment announced Tuesday that it's investing $223 million to overhaul The Quad, an aging 2,256-room hotel on the Las Vegas Strip, and will rename it the LINQ Hotel & Casino effective Oct. 30. In a ...
07/01/2014Critics Claim Tucson's Proposed Impact Fees Are Excessive And Illegal

July 01--Critics of the city's proposed new development impact fees say the increases are excessive and the revisions illegally allocate spending in the wrong places. Tucson currently collects impact fees on all new development, but it will be forced to stop on Aug. 1 after failing to meet the deadline for adopting a state-mandated update on how it charges and spends the money. On Monday, the ...
06/26/2014Development In Phoenix, Other U.S. Cities, Could Be Impacted By Proposed FAA Rules

WASHINGTON (AP) — The government wants to dramatically reduce the allowable height of potentially thousands of buildings near airports around the country — a proposal that is drawing fire from real estate developers, local officials and members of Congress who say it will hurt property values. The Federal Aviation Administration proposal, supported by airports and airlines, is driven by ...
06/26/2014Arizona City Looks To Spend $20.4 Million On Police Headquarters

June 26--Marana police will eventually operate out of a new, $20.4 million facility at the Marana Municipal Complex. The Town Council approved the project by a 4-2 vote at a meeting Tuesday, with Roxanne Ziegler and Dave Bowen opposed and Herb Kai absent. Town spokesman Rodney Campbell said how to fund the facility has yet to be hashed out, and there is not yet a timetable for construction of ...
07/04/2014Luke AFB Leases Land to Arizona Public Service for New Solar Power Plant

By a News Reporter-Staff News Editor at Energy Weekly News -- Luke Air Force Base and the state's largest electric utility provider, Arizona Public Service, have partnered on a new solar power plant to be built on 100 acres of land located on the Base. Construction of the 10-megawatt facility - part of the APS AZ Sun Program - is expected to begin in the fourth quarter of this year. APS is ...
06/18/2014Macho Springs Solar Power Plant Opens In New Mexico

June 18--DEMING -- New Mexico State Land Commissioner Ray Powell made a trip Wednesday to Deming to mark the official opening of the state's largest solar power plant, the Macho Springs Solar Facility, which is on 600 acres of state trust land in Luna County. The project is jointly owned by Southern Company subsidiary Southern Power and by Turner Renewable Energy. The plant was built and will ...

Showing items 1 - 25
 
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