PHOENIX-Irwin G. Pasternack is eyeing an April 2002 start for the 270,000-sf Agua Fria Promenade, if Maricopa County comes through on entitlement and zoning changes. The well-known local architect paid $1.6 million for 30 acres of prime land for the undertaking.

PHOENIX-Six newcomers have opened doors or are gearing up to open at the recently completed Village at Desert Ridge. In December, the retailers welcome Scorch Nightclub and February brings Hot Topic Clothing.

PHOENIX-Kitchell Mexico crews complete a 140,000-sf manufacturing facility for Iowa-based Waterloo Industries. Kitchell's latest maquiladora project will create hundreds of jobs across the border. The plant took 10 months to build.

SCOTTSDALE, AZ-The third and final Valley holding of Investment Properties Group of Calgary is sold to a Scottsdale investment group, which has put up in excess of $63,000 per unit for the Casa Santa Fe Apartments in north Scottsdale.

ANTHEM, AZ-A name change to Outlets at Anthem reflect the new ownership and location, says Craig Realty Group of California, which now controls the most popular outlet mall in the region. At the time it was named, the Anthem community didn't exist.

PHOENIX-Oppenheimer Partners Properties walks away with more than $66,000 per unit for the 52-unit Kensington Apartments in central Phoenix. The buyer is an investment group from Berkeley, CA.

CHANDLER, AZ-Ryan Cos. and City Group Investments kicks off work on its second joint venture in the Valley. Chandler Freeways Business Park is a 58-acre, $35-million project that is starting with 166,400 sf of the planned 850,000 sf.

PHOENIX-A 5,000-sf Krispy Kreme will be rising in the West Valley, selecting the Desert Sky Esplanade for its fourth store in the region. The 25-year lease with developer John F. Long Properties is valued at nearly $4.6 million.