HOT TOPICS

336-Unit Apartment Community Planned for Peoria’s Happy Valley Corridor
Hines, a global real estate investment manager, has closed on a 14.6-acre site to develop a multifamily property located in Peoria, Arizona. The site is located within The Trailhead, a 40-acre mixed-use master plan at 83rd and Happy Valley Road. Pederson Group developed the Trailhead, and this transaction initiates the next and final phase of development within the … [More]

Phoenix Children’s Research Institute Secures Nearly $9M in NIH Funding
Phoenix Children's Research Institute at the University of Arizona College of Medicine — Phoenix has been awarded three new R01 grants from the National Institutes of Health (NIH), the gold standard of federally funded research awards. The NIH grants total close to $9 million and will support groundbreaking research to develop targeted treatments for pediatric lung … [More]

Playable Hotel Concept Brings Major Entertainment Project to Downtown Phoenix
Atari Hotels and Intersection Development are creating a new frontier of experiential entertainment. Construction on the long-anticipated Phoenix flagship, located at 840 N. Central Ave. in Phoenix on an acre-plus site, is slated to begin in late 2026. Räkkhaus, an international architecture and design studio with offices in Phoenix, Dallas, and Helsinki, has revealed … [More]

Fast-Casual Italian Brand Adds Fourth Restaurant in Greater Phoenix
Fazoli’s, a portfolio company of FAT Brands Inc. and America’s beloved fast and fresh Italian chain, officially announced the opening of its fourth restaurant in the greater Phoenix area. Located at 13510 N. Litchfield Road in Surprise, the all-new drive-thru restaurant features all the fan-favorites, including classics such as Chicken Fettuccine Alfredo, Baked … [More]

Former Walmart International CFO Joins Homebuilder’s Board
Taylor Morrison, a national homebuilder and land developer, has appointed Amanda Whalen to its Board of Directors effective March 1, 2026. As a public company CFO, Ms. Whalen brings over 25 years of experience in finance and strategic leadership to Taylor Morrison's board. She currently serves as CFO of Klaviyo, an AI-first customer relationship management (CRM) … [More]

Wellness Brand Expands Footprint With Fourth Valley Studio
Workshop Pilates, a pioneer of heated mat Pilates in the Valley and one one of the region’s fastest-growing studio brands, has announced it’s expanding with a fourth location, its first in the East Valley, slated to open in January at Northside at SanTan Village in Gilbert. Renowned as the first studio to bring heated mat Pilates to Arizona, offering a … [More]
TOP STORIES

Global Under-30 Summit Relocates to Phoenix, Spotlighting the City’s Innovation Momentum
Coinciding with the 2026 Under 30 List Launch event in New York, Forbes announced that Phoenix, Arizona will become the official host city for the Forbes Under 30 Summit beginning in 2026, marking the start of a new multi-year chapter for the global gathering of young leaders, founders and innovators. The move signals an expanded vision for the Summit rooted in … [More]

Stalled Uptown Tower Trades Hands, Restarting One of Phoenix’s Highest-Profile Conversions
After nearly five years in limbo and millions of dollars wrapped in a stalled redevelopment, One Camelback has a new owner and a new trajectory. Kinella Capital, LLC led by Founder and CEO TK Stratton, has officially taken over the prominent office-to-residential conversion at Central Avenue and Camelback Road. With the acquisition, Kinella has begun stabilizing the … [More]

Phoenix Adds Two Deputy City Managers, Completing Executive Leadership Team
Phoenix City Manager Ed Zuercher announced the appointment of Cynthia Aguilar and Frank McCune as Deputy City Managers, filling the final open positions on the City’s executive leadership team. "Cynthia and Frank bring decades of experience, proven leadership, and deep commitment to the City of Phoenix," said City Manager Ed Zuercher. "Their appointments strengthen … [More]

Tempe Lands Global Headquarters as Industrial AI Co. Shifts Base to Arizona
Cognite, a global leader in Industrial AI, announced the official grand opening of its new global headquarters in Tempe, Arizona. The relocation from Oslo, Norway marks a milestone in the company's growth strategy and underscores its commitment to the North American market. The move will create more than 100 new jobs in the Phoenix area, bringing valuable employment … [More]
FEATURED STORIES

Cooling Costs and Strong Hiring Keep Arizona Competitive
Governor Katie Hobbs highlights new employment numbers showcasing Arizona’s continued strong private sector jobs growth, driven by growth in Natural Resources & Mining, Financial Activities and Health Care. Additionally, while the country saw spikes in the cost of housing (4.0%) and energy (0.2%), Arizona saw declines, with housing falling by 0.1%and energy … [More]

Small Business Optimism Ticks Up as Hiring Plans Hit Year’s High
The NFIB Small Business Optimism Index rose 0.8 points in November to 99.0 and remained above its 52-year average of 98. Of the 10 Optimism Index components, six increased, three decreased, and one was unchanged. An increase in those expecting real sales to be higher contributed most to the rise in the Optimism Index. The Uncertainty Index rose 3 points … [More]

Thirteen Ways to Keep Your Customers Coming Back
You know that friend who's always there when you are in need? The one who shows up on time, follows through on promises, and genuinely cares about what's going on in your life? That's exactly what your business needs to be for your customers. Sure, those splashy marketing campaigns and point-collecting apps might turn some heads. But keeping customers? That's more … [More]
LATEST ISSUE

May 2025 Guest Editor: Martha dePlazaola Abbott, Gensler
Office Transformation As the office landscape has permanently changed, the perception of work has changed along with it. Today’s modern office is considered a “lifestyle,” an experience that supports a myriad of workspaces that not only inspire and attract incredible talent but compel them to stay. There is no question that, ultimately, we come to the office to … [More]

Building Arizona: Critical Strengths and Challenges in Our Housing Market
Metro Phoenix is the No. 3 housing market in the United States, according to Greg Vogel, founder and CEO of Land Advisors Organization, who cites data from the U.S. Census Bureau showing single-family and multifamily permits totaled 45,000 for the 12 months through September 2024. Says Laura Ortiz, president of Evergreen Devco, “Demand, from a national perspective, … [More]
LIVE AND LEARN

6 Downtown Phoenix Buildings to Celebrate during Historic Preservation Month
In a city that’s booming with new developments, the historic places and spaces that are dotted throughout our streets can elicit a sense of mystery, awe and curiosity about days gone by. Downtown Phoenix may be considered a young city, but it’s also home to a number of historic buildings that add character to our streets, and give a glimpse into what life … [More]

Mad Hatter the Musical Premiers This Weekend
Long before Alice, there was the notorious Mad Hatter. Discover the tumultuous tale of his haunting backstory and follow his path to Wonderland, where the secrets of his transformation await in this spellbinding new musical. Audiences at the Herberger Theater Center will be the first to experience this vivid new musical production of Mad Hatter The Musical, which … [More]

THE MOORS at Estrella Mountain Community College Performing Arts Center
Inspired by the letters of Charlotte Brontë, this dark comedy about love, desperation, and visibility features two sisters and a dog living out their lives on the bleak English moors, until the arrival of a hapless governess and a moor-hen set them on a strange and dangerous path. Contemporary Queer playwright Jen Silverman has brilliantly crafted characters who each … [More]
PHILANTHROPY

Credit Union Invests $130K in Grants to Strengthen Arizona’s Workforce and Entrepreneurial Ecosystem
OneAZ Credit Union is proud to announce $130,000 in Legacy Grants awarded to three dynamic Arizona nonprofits — JobPath, Change Labs, and Startup Tucson — all dedicated to … [More]

Construction Co. Commits $150K to Two Arizona Nonprofits
McCarthy Building Companies Inc., through its philanthropic community impact program, Heart Hats®, recently named two Arizona charities, Ryan House and Arizona Bleeding Disorders, … [More]

Phoenix Children’s Celebrates $500K Pledge from Over Easy
Phoenix Children’s celebrated the partnership from popular local eatery Over Easy by officially naming the “Makers Corner” inside The Zone following the concept’s generous $500,000 … [More]
POSITIONS

El Mirage Mayor Named MAG Chair
El Mirage Mayor Alexis Hermosillo was elected as chair of the Maricopa Association of Governments (MAG) Regional Council during the agency’s annual meeting. As the agency’s new … [More]

SmartRent Names Yet Another CEO
SmartRent Inc., the leading provider of smart communities solutions and smart operations solutions for the rental housing industry, today announced the appointment of Frank Martell … [More]

Community Bank Names Regional President for Arizona and New Mexico
Sunflower Bank is pleased to announce that Josh Wilson has joined the bank as Regional President for Arizona and New Mexico. In this role, Wilson has oversight of local leadership … [More]
ACHIEVEMENTS

Intel’s Lip-Bu Tan to be Honored for Impact on Chip Design
Lip-Bu Tan, Chief Executive Officer of Intel Corporation and former CEO of Cadence Design Systems, will be honored with the 2025 Phil Kaufman Award for distinguished contributions … [More]

Chamber Announces Recipients for 2025 Excellence in Business Awards
The Greater Phoenix Chamber has selected five Business of the Year recipients for its inaugural Excellence in Business Awards (formerly the IMPACT Awards), which recognize … [More]

Arizona Wins Fifth Consecutive Award Recognizing Best-in-Class Economic Momentum
In recognition of yet another banner year for economic development wins, Arizona today received a prestigious “Gold Shovel” award from Area Development Magazine in the 5-8 million … [More]















