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Yahoo
23-05-2025
- Politics
- Yahoo
It's the call of duty for Knudsen, Gianforte
A picture of a sprinkler on grass (Photo by Michael Mol via Flickr | CC-BY-SA 2.0). Montana's public officials take an oath of office when they assume their positions. This is not optional and is required by Montana's Constitution: Article III – General Government – Section 3. Oath of office. Members of the legislature and all executive, ministerial and judicial officers, shall take and subscribe the following oath or affirmation, before they enter upon the duties of their offices: 'I do solemnly swear (or affirm) that I will support, protect and defend the constitution of the United States, and the constitution of the state of Montana, and that I will discharge the duties of my office with fidelity (so help me God).' Now, it appears that another enclave for the mega-wealthy is defying both Montana's water rights laws and the constitution — and so far, they're getting away with it as Gov. Greg Gianforte and Attorney General Austin Knudsen are lax in upholding their sworn duty 'to protect and defend' our constitution. As reported this week, the Crazy Mountain Ranch is an 18,000 acre super-upscale development by 'Lone Mountain Land Co., a subsidiary of CrossHarbor Capital Partners, a private-equity firm behind the development of the equally exclusive Yellowstone Club, Spanish Peaks Mountain Club and Moonlight Basin Resort at Big Sky.' By now Montanans are deep into learning the hard lessons that those with big money tend to do what they want, following the old adage that 'it's easier to ask forgiveness than permission.' And in this case, neither permission nor forgiveness are even being asked for — merely a 'we'll do what we want and if you don't like it, sue us.' But there's another old adage in the West that's equally applicable here: 'Whiskey is for drinking, water is for fighting.' And while the monied clients of the 'ranch' may be eating thick steaks and sipping old whiskey, the multi-generational ranchers whose water rights are threatened are 'lawyering up' and fighting — and they could use some help from the governor and attorney general. In short, the Crazy Mountain Ranch spent a million bucks to 'lay turf' on a 112-acre golf course — and they have stated their intention to water that high-price turf with or without state-approved rights to the water, even openly admitting they did so last year and intend to do so this year. There's a word for these kinds of people, and that word is 'scofflaws.' The same constitution both Gianforte and Knudsen swore to uphold is clear: 'All surface, underground, flood, and atmospheric waters within the boundaries of the state are the property of the state for the use of its people and are subject to appropriation for beneficial uses as provided by law.' Despite wearing cowboy boots and jeans, Gianforte is not a rancher and may not understand the complexity of the Prior Appropriation Doctrine. But Attorney General Austin Knudsen, who was raised in Culbertson in rural Roosevelt County, surely knows that water is the lifeblood of ranching in Montana. As former Speaker of the House, he is also well acquainted with the state's water rights laws — and the need to either follow those laws or be back to killing each other with shovels on irrigation diversion ditches. If these mega-wealthy developers want to defy Montana's water laws, then let them take on the State and all Montanans, not just a handful of old ranchers they can easily outspend. Comes now the 'call of duty' to Gianforte and Knudsen to honor their oaths 'with fidelity,' protect the state's water rights system, and immediately move to shut down the irrigation of the elite scofflaws' 'turf.'
Yahoo
10-05-2025
- Business
- Yahoo
Here are 3 projects East Valley residents should know
Two industrial projects and one townhome community are underway in the East Valley, all of which are expected to be completed in 2026. LG Energy Solutions is building a battery manufacturing facility in Queen Creek, with the goal of producing cylindrical batteries for electric vehicles. The company predicted the facility will bring thousands of jobs to the area. A 15-acre plot near Warner Road and Hardy Drive in Tempe will be home to a 144,885-square-foot industrial park. The spot was previously used for an office building, a commercial garage, outdoor storage and RV parking. A luxury townhome community in Scottsdale is being built a few hundred yards west of the Indian Bend Wash Greenbelt. The developer said the community is focused on sustainability with less costly energy bills. Here's what East Valley residents should know about the projects. A 144,885-square-foot industrial park is being built on a 15-acre plot near Warner Road and Hardy Drive in Tempe. It is being developed by Phoenix- based Creation and Boston-based CrossHarbor Capital Partners. The development will include 6 acres of yard space for storage or vehicles. One structure in the park will be built before a business has signed on to lease the space. Construction is expected to be completed in mid-2026. Construction is underway on an electric vehicle battery manufacturing facility near Ironwood and Pecos roads in Queen Creek. LG Energy Solutions is expected to hire 2,800 employees. The company commenced training its launch team members at a new workforce training center, which was established under Arizona's Future48 Workforce Accelerator program, in partnership with the Arizona Commerce Authority, Pinal County, and Central Arizona College, it stated in a news release. The company said the project was halfway completed in April. The plant is expected to begin production in mid-2026. The southeast corner of 78th Street and San Miguel Avenue will be home to the Paloma, a 6-unit luxury and custom townhome community that focuses on sustainability. The homes are 3,000 square feet each, with two-car garages, 3 bedrooms and 3.5 bathrooms. The backyards will have pools, hot tubs and cabanas. Developer Ed Gorman said it will be "the first net-zero energy ready luxury home community in Scottsdale." Monthly energy bills are expected to be 50% to 70% lower, he said. Construction is anticipated to finish in August 2026, and residents are expected to start moving in fall 2026. Like this story? Get more East Valley news straight into your email inbox by signing up for our free weekly East Valley Newsletter, which comes out on Wednesdays. Is there something under construction you'd like to tell us about or find out more about? Contact reporter Lauren De Young, who covers Tempe, Chandler, Maricopa County and transportation. Reach her at This article originally appeared on Arizona Republic: 3 East Valley projects to know: Tempe, Queen Creek, Scottsdale
Yahoo
17-04-2025
- Business
- Yahoo
What is being built on a 15-acre site in south Tempe?
Location: Warner Road and Hardy Drive in Tempe Description: Source Logistics Center will be a 144,885-square-foot industrial park located on 15 acres of land. It is being developed by Phoenix-based Creation and Boston-based CrossHarbor Capital Partners. The development will include one industrial structure built speculatively, meaning it will be built before a business has signed on to lease the space, and six acres of yard space for storage or vehicles. History: The site was previously used for a two-story office building, a commercial garage, outdoor storage and RV parking, according to Tempe documents. The site was already zoned for general industrial, but the Tempe Development Review Commission approved the site and landscape plans in May 2024. In October, Creation bought the site for $12.45 million, according to real estate database Vizzda. Creation broke ground on the site in February. When the work will be done: Construction is expected to be completed in mid-2026. Sources: Creation, Vizzda, Tempe documents Like this story? Get more East Valley news straight into your email inbox by signing up for our free weekly East Valley Newsletter, which comes out on Wednesdays. Is there something under construction you'd like to tell us about or find out more about? Contact Corina Vanek at cvanek@ Follow her on X, formerly Twitter: @CorinaVanek. This article originally appeared on Arizona Republic: An industrial park is opening in south Tempe in 2026
Yahoo
21-02-2025
- Automotive
- Yahoo
Fun's Over: Private Equity Firm To Buy Willow Springs Raceway
Private equity, the harbinger of all bad things, is getting its greasy little hands on Willow Springs Raceway in Rosamond, California. A firm, called CrossHarbor Capital Partners, tells The Drive that the sale isn't quite finalized yet, but it is "pending." Here's what the Boston-based firm told the outlet: "While CrossHarbor Capital can not provide details on acquisitions before they are complete, we can confirm that a deal is pending and the team is excited to preserve the legacy and enthusiast access to one of America's most iconic racing facilities while also setting up the property for growth and success in the future. More details will be released soon," read the statement provided to The Drive. The Drive received a tip that alleged CrossHarbor was involved in a deal to buy the track, which the company confirmed when we reached out. Right now, it's pretty much impossible to know what CrossHarbor Capital has planned for the iconic track, which opened in 1953. Hopefully, they'll buck the trend of PE firms squeezing every last ounce of money out of their properties before selling them off for scraps – something Jalponik knows a thing or two about. If their words are to be believed, good things are coming in the future, but I suppose only time will tell, and we'll certainly learn more once the deal is finalized. Maybe it'll become a similar venture to the Thermal Club with its multi-million condos, on-site garages and other country club-esque features. I don't know how I feel about that. It seems like it would mess with what Willow Springs was always supposed to be: cheap fun. Read more: F1's Mario Kart-Inspired Saudi Track Proves It Has More Money Than Sense Back in June of 2024, we reported that Willow Springs – located about 90 miles outside Los Angeles – was listed for sale after 62 years of ownership by the Huth Family. When the family's patriarch, Bill Huth, bought the track in 1962 with the intention of turning it into a drag strip. When he discovered the strip would be too short, he decided to turn it into a track. Now, a few years after Bill's death, the family has decided to sell the track for an unknown price. However, the property itself has been assessed at a value of around $2.25 million. Here's a little more on the history of the track, from The Drive: Huth passed away in 2015, at which point the family continued running the track the way he always did: cheap, no frills, frozen in time, and perhaps more relevant to this moment, against all financial sense. The iconic track transported its many fans to a time when American road racing was producing legendary drivers who took on Europe's finest; a time when names like Ken Miles were permanent fixtures at Willow. [...] Willow Springs was cheap to rent. Despite being featured in blockbuster movies like Ford vs. Ferrari, constantly being booked by racing clubs—and media publications and automakers alike for video productions, photo shoots, or the occasional media drive—prices always remained low. You can rent Big Willow for a full day for under $5,000, which is a bargain compared to just about any other comparable track nationwide. According to the Boston-based firm's website, it "manages multiple fund strategies that invest across the risk/return spectrum on behalf of a diversified and highly regarded group of endowments, foundations, public and corporate pension plans, financial institutions, family offices, and sovereign entities." You gotta love private equity jibber jabber. This isn't the first time a racetrack has come up for sale or been sold. Just last month, we told you about Palm Beach International Raceway, a 174-acre complex in Florida, that has been listed for an unknown price. It comes with all sorts of cool stuff like a drag strip, a road course, a kart track and a clubhouse. We also found this $35 million oceanside Go Kart track that comes with its own mansion, castle and replica of Stonehenge all on the Long Island Sound. It's a deal that sounds too good to be true. If drag racing is more your speed, you could have always laid out $3 million for a 30-acre lot with a drag strip in the middle of it. Sure, Twin River Raceway needed some TLC, but it could really be something, man. Read the original article on Jalopnik.
