Category Archives: News
Luminar Goes Public In Reverse Merger With Gores Metropoulos
Luminar – DVIEP has successfully exited their investment in Luminar Technologies, Inc. (“Luminar”), the global leader in automotive lidar hardware and software technology, after the Gores Metropoulos, Inc. (“Gores Metropoulos”) (Nasdaq: GMHI, GMHIU and GMHIW), a special purpose acquisition company (SPAC) sponsored by an affiliate of The Gores Group, LLC and an affiliate of Metropoulos and Co., completed their acquisition of Luminar. Luminar which now trades under the Nasdaq ticker symbol “LAZR” has a current market cap of $6.1B.
MOD Pizza NOW OPEN!
We are pleased to announce the opening of MOD Pizza at Houghton Town Center. They are located next to Denny’s, in front of TJ Maxx, Ross and Petco, open for dine-in and take out and ready to serve the Southeast Tucson community! Please stop by and bring your appetite.
Highly Anticipated Opening on Schedule at Rocking K Master Community in Vail Arizona
TUCSON, ARIZONA-After years in planning, the first phase of Rocking K master planned community is on schedule for an early 2021 opening. As announced about a year ago, fundamentals such as the market and builder interest, had converged to move this community forward. And it is moving forward quickly.
Pulte, Lennar and KB Home were the first to close on 558 lots, a mixture of 40′ thru 60′ by 125′ and 130′ lots for an aggregate sale price of $37.4 million ($67,000 average price per lot) last year. Rocking K’s first phase development commitment of approximately $60 million is nearing completion.
Lennar has now added an additional 113-lots to their new Wildflower Estates neighborhood at Rocking K, an exciting addition to the community! These lots will be 65′ x 130′ making them the largest of the first phase lots. With 75% of these homesites adjacent to designated open space, making them feel even larger.
“The topography and views from this northwest section of Rocking K, where Lennar’s Wildflower Estates will be, are some of the most beautiful,” said Priscilla Storm, Vice-President of Diamond Ventures and developer of Rocking K.
“We are excited to be on schedule for our early 2021 opening,” Storm continued. “Builders have already submitted 32 different house plans to provide buyers with choices for every lifestyle and budget. And all of the builders are starting construction of their Rocking K models in the next 30-60 days. The construction of the Valencia Road connection is going to be a real game changer for easy access from Rocking K to all the eastside’s major employers and services. The park construction is also underway and it is exciting to see the ballfields and splash pad come out of the ground.”
Will White and John Carroll of Land Advisors Organization Tucson represent Diamond Ventures at the Rocking K community.
White commented, “Rocking K has huge momentum heading into 2021 and continues to be regarded by the region’s homebuilders as one of the most highly anticipated master-planned communities in many years in Tucson.”
“As we get closer to our early 2021 opening, the interest list is growing every day, Storm added. “Interested home buyers can register at www.liverockingk or the websites of the builders in Phase I to stay informed.”
More homebuilders are expected to be announced soon, with an official grand opening forthcoming. For more information, White and Carroll should be contacted at 520. 514.7454.
