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Axon Campus Approved As Hobbs Signs Rezoning Fast-Track

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Hobbs Signs Bill, Axon To Be Built

Hello, Greater Phoenix. Welcome back to LUXE BLOG from Williams Luxury Homes. Gov. Katie Hobbs has signed SB 1543, a swift rezoning law that cancels a planned referendum, clears Axon’s delayed North Scottsdale campus, and nudges fresh concrete into an already busy corridor. No opinions here, just facts.

Governor’s Signature, & Rezoning Reboot

SB 1543 reached the governor on April 18. One signature turned select local rezonings into quick administrative actions, closing the door on citizen petitions for projects meeting set workforce, wage, and acreage marks. Scottsdale lands inside the qualifying population band, so the law bites immediately.

  • Cancels the 2026 public vote
  • Covers headquarters plans exceeding one thousand jobs
  • Requires a five‑percent affordable rental slice
  • Applies only to mid sized cities
  • Sets salary, acreage, and job thresholds

Opponents call it a power grab, while supporters label it speed, clarity, and certainty in a tight housing market. Either way, the rule stands, and bulldozers can roll.

Rendering of Katie Hobbs sign a bill.

Axon Campus Vision, & Immediate Moves

Axon’s seventy acre parcel at Loop 101 & Hayden now shifts from pending to active. The company aims for a live work hub with apartments, restaurants, and a gleaming headquarters. Economists peg the ten year economic pop in the tens of billions.

  • One thousand nine hundred rentals planned

  • Two hundred fifty thousand square feet of headquarters

  • Four hundred thirty five room hotel

  • Thirty percent of units reserved for staff

  • Target workforce of five thousand five hundred high tech jobs

Ground work could start within months. Given demand, leases should fill quickly.

Corridor Projects, Banner Growth, & Chip Labs

Axon joins a deep roster of developments hugging the freeway. Equipment rarely rests as steel, glass, and concrete rise day after day.

  • Cavasson, offices, hotel, and townhomes

  • Banner four hundred million dollar medical campus

  • ASM three hundred million euro semiconductor headquarters

  • Optima McDowell Mountain, apartments, and condos

  • Portico one hundred twelve luxury condos

  • Atavia eighty eight Frank Lloyd Wright inspired condos

The blend of technology, healthcare, hospitality, residential, and retail now keeps the area active around the clock.

Housing Supply, Price Pressure, & What We Watch

Resale supply remains lean, and land pricing climbs each quarter. The new Axon rentals help on paper, yet ownership choices lag. Builders may carve condo towers from future phases, although timelines stay uncertain.

  • Resale days on market shrinking

  • Construction crews booked solid

  • Land bids trending higher

  • Buyers chasing limited new builds

  • Rental absorption forecast, quick

Williams Luxury Homes will keep tabs on every permit, crane, and closing. Part digital, a whole bunch human, we will share the next twist right here on LUXE BLOG. Tell us your take on the law, the cranes, and the corridor’s next chapter.

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