By Richard Rubin | Wall Street Journal The Trump administration proposed guidelines Friday that will help investors use a new tax incentive that encourages development in low-income areas. The Treasury Department designed the rules for the Opportunity Zone program to give businesses enough flexibility and certainty to start making major investments, said senior department officials. The program, with bipartisan roots, was a small …
Nikola to Pinal, early stage of Detroit for electric vehicles
Disclosure: Rose Law Group represents Saint Holdings as the landowner By Callan Smith | Rose Law Group Reporter Not one, but two electric vehicle companies are coming to Pinal County, first Lucid Motors, now Nikola Corporation, which made for an excited crowd at the Pinal Partnership breakfast panel event this morning in Chandler. Jordan Rose, founder and president of Rose …
Behind the deal: How Nikola Motor steered its trucking technology to Arizona
Disclosure: Rose Law Group represents Saint Holdings as the landowner By Hayley Ringle | Phoenix Business Journal Two years ago, Greater Phoenix Economic Council President and CEO Chris Camacho received a call from a national consultant asking him to immediately fly to Utah, to see a promising startup. That trip to Salt Lake City helped land what might be 2,000 jobs from …
Development plans near Chandler airport raise concerns
Disclosure: Rose Law Group represents several businesses at Chandler airport By Madeline Johnson | Arizona Republic Residents in the Lantana Ranch neighborhood near Chandler’s airport are upset over a proposed warehouse and distribution center they fear will overload the road with semis. About a mile away, the city’s Airport Commission raised concerns about a cabinet-maker that wants to open shop. Both projects …
Lucid could get $8M in local tax incentives
Disclosure: Rose Law Group represents the landowner who helped make this project a reality By Kevin Reagan | Casa Grande Dispatch The city and county may offer $8.2 million in incentives to the developers of an electric-car manufacturing plant, according to the terms of a proposed development agreement discussed Thursday among public officials. After announcing last month it had financial …
Richmond American Homes opens In Goodyear
(Disclosure: Rose Law Group represents Richmond American Homes in other projects.) Estrella by Newland Communities Continues to Grow Builder Portfolio with the Return of Richmond American Homes (Editor’s note: News releases are published unedited, unless they contain factual errors.) GOODYEAR, Ariz. (October 10, 2018) – Newland Communities recently announced the addition of Richmond American Homes to its master-planned community, Estrella. Located …
EPCOR to meet San Tan Valley residents during open house; Rose Law Group Senior Partner Court Rich ‘hopeful’
By Heather Smathers | Pinal Central Community members will be able to ask questions of the company managing water and sewer services in San Tan Valley. Representatives from EPCOR Water will host an open house for customers of Johnson Utilities to ask questions and to better understand EPCOR’s interim management of Johnson, said EPCOR spokeswoman Rebecca Stenholm. Earlier this year …
Shea Homes to host Azure Paradise Valley grand opening
Disclosure: Rose Law Group represents Shea Homes at Azure in Paradise Valley Paradise Valley Independent Shea Homes will host a grand opening Saturday, Oct. 20 for Azure Paradise Valley, the first Shea Signature luxury community at 6997 E. Cactus Wren Road. This guard-gated community will include 66 homes on 23 acres, adjacent to the upcoming Ritz-Carlton Paradise Valley. Tours of …
U.S. Supreme Court ready to hear 2 important cases; Rose Law Group Founder and President Jordan Rose comments
NAHB Now The U.S. Supreme Court starts a new term on Monday, Oct. 1 with two cases that home builders have been following closely. The opening argument of the term, Weyerhaeuser v. United States Fish and Wildlife Service, involves a clash between two NAHB members and the dusky gopher frog. In 2012, the Fish and Wildlife Service designed 1,555 acres of …
Phoenix Mayor proposes massive taxes on medical-marijuana dispensaries; Rose Law Group land-use & regulatory attorney Thomas F. Galvin calls the tax ‘arbitrary and capricious’
By Joseph Flaherty | Phoenix New Times The mayor of Phoenix is prepared to levy a significant new tax on medical marijuana businesses that could decimate the city’s dispensaries and raise costs for patients. In a letter to the Phoenix city manager on Thursday, Mayor Thelda Williams proposed an occupational licensing tax on medical-marijuana businesses in order to fund Phoenix’s …