{"id":3128,"date":"2019-03-06T22:36:36","date_gmt":"2019-03-06T22:36:36","guid":{"rendered":"https:\/\/tucsonalist.com\/new\/?p=3128"},"modified":"2019-03-06T22:36:36","modified_gmt":"2019-03-06T22:36:36","slug":"five-star-painting-in-the-news","status":"publish","type":"post","link":"https:\/\/tucsonalist.com\/new\/five-star-painting-in-the-news\/","title":{"rendered":"Five Star Painting-In the News"},"content":{"rendered":"<div class=\"subscriber-only\">\n<div class=\"subscriber-preview\">\n<p>SIERRA VISTA \u2013 The Villages at Vigneto project along State Route 90 north of Kartchner Caverns State Park cleared its last major local hurdle when the Benson City Council voted in December to approve several special taxing districts.<\/p>\n<\/div>\n<div class=\"subscriber-preview\">\n<p>The districts can impose special taxes on the property, just as a school or fire district does, and issue bonds to raise money for construction and maintenance of infrastructure needed to support the proposed 28,000-home project.<\/p>\n<\/div>\n<div class=\"subscriber-only\">\n<p>Those funds, along with equity investment by developer El Dorado Benson, will finance the master-planned community, which is expected to include retail, commercial and recreational facets on more than 13,000 acres.<\/p>\n<\/div>\n<div class=\"automatic-ad\"><\/div>\n<div class=\"subscriber-only\">\n<p>The developer released an economic and fiscal impact study in fall 2015 that predicted Vigneto would generate $23.8 billion in direct, indirect and induced economic output from spending and sales throughout Cochise County over an 18-year construction period.<\/p>\n<\/div>\n<div class=\"subscriber-only\">\n<p>That\u2019s one reason the Sierra Vista Hispanic Chamber of Commerce has been such a vocal supporter of the project. The chamber is aligned with the Hispanic chambers in Douglas, Nogales and Tucson.<\/p>\n<\/div>\n<div class=\"subscriber-only\">\n<p>\u201cWe wholeheartedly support the Villages at Vigneto project and the many business opportunities it will bring to Benson, Sierra Vista and all of Cochise County,\u201d said Daniel Valle, international director for the chambers.<\/p>\n<\/div>\n<div class=\"subscriber-only\">\n<p>The company plans to begin construction, mostly of infrastructure, later this year, said Mike Reinbold, who is heading up Vigneto for El Dorado Benson.<\/p>\n<\/div>\n<div class=\"subscriber-only\">\n<p>\u201cOnce we break ground a number of contractors, subcontractors, vendors and suppliers will be engaged to move the project forward,\u201d he said. \u201cFor a project of this scale we\u2019re going to need involvement from dozens of companies throughout Cochise County.\u201d<\/p>\n<\/div>\n<div class=\"subscriber-only\">\n<p>The impact study forecasts Vigneto will generate $1.5 billion in tax revenues for a variety of taxing jurisdictions in the 18-year buildout. Of that, nearly $300 million would go to Cochise County and $140 million to Cochise College.<\/p>\n<\/div>\n<div class=\"subscriber-only\">\n<p>\u201cThe increased tax revenue will help improve and expand our higher education options, whether in Sierra Vista, Willcox or Douglas,\u201d Reinbold said. \u201cThis will lead to better prepared graduates to move into new jobs created by Vigneto.\u201d<\/p>\n<\/div>\n<p>Some businesses, including Five Star Painting of East Tucson \u2014 which is located in Sierra Vista \u2014 have developed business plans around the Vigneto project.<\/p>\n<\/div>\n<div class=\"subscriber-only\">\n<p><strong>Five Star Painting franchises specialize in residential and light commercial work.<\/strong><\/p>\n<\/div>\n<div class=\"subscriber-only\">\n<p><strong>\u201cWhen I was strategizing about my territory I knew that the Benson area would be growing with the big project on (Highway) 90, so I wanted that as part of my service area,\u201d Alfonso Bodden, owner of the local franchise, said.<\/strong><\/p>\n<\/div>\n<div class=\"subscriber-only\">\n<p><strong>\u201cI\u2019ve structured our business plan as well as our customer service approach and vendor relationships to maximize opportunities as soon as construction up there begins,\u201d he said.<\/strong><\/p>\n<\/div>\n<div class=\"subscriber-only\">\n<p><strong>While Bodden sees Vigneto as a way to springboard his new company, longtime business owner Lynn Mattingly sees Vigneto as an opportunity to keep his doors open.<a href=\"https:\/\/www.fivestarpainting.com\/east-tucson\/?L=true#~A0O4V51\">https:\/\/www.fivestarpainting.com\/east-tucson\/?L=true#~A0O4V51<\/a><\/strong><\/p>\n<\/div>\n<div class=\"subscriber-only\">\n<p>Mattingly owns Weatherguard Metal Construction, which has 18 workers, and has found it difficult at times to generate enough work to keep them paid and maintain benefits.<\/p>\n<\/div>\n<div class=\"subscriber-only\">\n<p>\u201cWe need new customers, new projects in order to sustain our business,\u201d he said. \u201cAnd hopefully Villages at Vigneto will also lead us to grow so we can hire even more employees.\u201d<\/p>\n<\/div>\n<div id=\"tncms-region-article_instory_bottom\" class=\"tncms-region hidden-print\"><\/div>\n<div class=\"automatic-ad\"><\/div>\n<div class=\"subscriber-only\">\n<p>While Reinbold is excited to have the support of these area businesses, he says Vigneto\u2019s economic boost will be felt beyond the construction and real estate industries.<\/p>\n<\/div>\n<div class=\"subscriber-only\">\n<p>\u201cIt\u2019s not just the different businesses we will work with that benefit,\u201d he said. \u201cMany more companies will see payoffs from what we\u2019re planning because of the additional spending and jobs we\u2019re bringing into the region.\u201d<\/p>\n<\/div>\n<div class=\"subscriber-only\">\n<p>A business owner who agrees with Reinbold\u2019s forecast of far-reaching impacts is Vera Gates Williams, who runs an event planning and tourism concierge company in Sierra Vista.<\/p>\n<\/div>\n<div class=\"subscriber-only\">\n<p>\u201cNew and existing companies across the region will be benefiting, whether it\u2019s construction, retail, tourism, transportation or entertainment,\u201d she said.<\/p>\n<\/div>\n<div class=\"subscriber-only\">\n<p>\u201cI\u2019m excited for what this project will do for Benson and all of Cochise County, because when people see growth or movement they want to be a part of it as well.\u201d<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>SIERRA VISTA \u2013 The Villages at Vigneto project along State Route 90 north of Kartchner Caverns State Park cleared its last major local hurdle when the Benson City Council voted in December to approve several special taxing districts. The districts can impose special taxes on the property, just as a school or fire district does,&hellip;<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37],"tags":[],"class_list":["post-3128","post","type-post","status-publish","format-standard","hentry","category-tucson-business-news","category-37","description-off"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Five Star Painting-In the News - Tucson A List<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tucsonalist.com\/new\/five-star-painting-in-the-news\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Five Star Painting-In the News - Tucson A List\" \/>\n<meta property=\"og:description\" content=\"SIERRA VISTA \u2013 The Villages at Vigneto project along State Route 90 north of Kartchner Caverns State Park cleared its last major local hurdle when the Benson City Council voted in December to approve several special taxing districts. 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