Common Bond Development Group, the award-winning development team behind the world-renowned Global Ambassador Hotel, Park at 83 in Peoria, and a wide portfolio of best-in-class lifestyle destinations anchored by Fox Restaurant Concepts and Upward Projects, has officially broken ground on Eastmarket at Eastmark, a new, community-focused retail destination in the heart of Mesa’s … [More]
Valley Philanthropy Group Donates $250K to Banner Children’s Clinics and Healthmobile
The Scottsdale Saguaros have granted $250,000 to the Banner Health Foundation to support the Banner Children’s Community Clinics in Mesa and Tolleson as well as the Banner’s Children’s Healthmobile, which brings free primary care to uninisured children. The service group, which raises funds for numerous childrens’ charities throughout the Phoenix area, recently presented … [More]
Real Estate Firm Led by Jerry Colangelo Names Co-CEO
JDM Partners, one of the Southwest's premier real estate acquisition, development, and management companies, announced the appointment of banking industry veteran Torry Berntsen as Co-Chief Executive Officer, effective immediately. In this role, Mr. Berntsen will serve alongside current Chairman and founding partner Jerry Colangelo, current CEO and founding partner Mel Shultz … [More]
$50M Project to Deliver Modern Retail and Entertainment Core in Laveen
Diversified Partners, one of Arizona’s leading real estate brokerage and development firms, has announced plans for Williams Station, a new entertainment-anchored development coming to the northeast corner of Loop 202 and Dobbins Road in Laveen. The $50 million project will feature a mix of retail, dining and entertainment uses in a walkable, desert-inspired setting that … [More]
ASU Med School Secures Preliminary Accreditation, $100M+ Naming Gift
Arizona State University's new medical school achieved two major milestones – receiving preliminary accreditation from the Liaison Committee on Medical Education (LCME) and a nine-figure naming gift, the second-largest in ASU's history. The school will be named the John Shufeldt School of Medicine and Medical Engineering and, with accreditation, can now begin recruiting its … [More]
10 Tips for Small Businesses Navigating Today’s Economy
Cardiff, a fintech leader that has funded more than $10 billion in financing to small businesses across the country, released ten actionable strategies to help entrepreneurs maximize cash flow, reduce risk, and seize opportunity in the face of an evolving economy. These statistics reinforce the need for discipline. The U.S. Small Business Administration reports that small … [More]
Bay Area Builder Buys Phoenix Contractor, Targeting Data Center Experience
Webcor LP, a full-service commercial builder headquartered in San Francisco, announced the acquisition of GCON, a construction management firm based in Phoenix. The transaction is expected to close in Q4 2025, subject to customary closing conditions and regulatory approvals. This strategic relationship enables Webcor to leverage GCON’s expertise in critical environments – … [More]
$825M Secured to Deliver New Solar Capacity and Grid-Scale Storage to Valley
Recurrent Energy, a subsidiary of Canadian Solar Inc. and a global developer, owner, and operator of solar and energy storage assets, today announced it has closed $825 million in construction financing and tax equity for its Desert Bloom Storage and Papago Solar facilities. Nord/LB, Mitsubishi UFJ Financial Group, Inc., CoBank, and Siemens Financial Services provided the … [More]
WebPT Names New CFO, Taps Former VP of Finance
WebPT, the leading rehab therapy platform designed to help practices power efficiency, grow revenue, and manage every aspect of their practice, today announces the appointment of Carson Ure as its new chief financial officer. Ure has been with WebPT since December 2023 and previously served as Senior Vice President of Finance. "Having Carson step into the role of CFO is a … [More]
$50M Gift Launches ASU Global Institute for the Future of Energy
Arizona State University announced the creation of the Global Institute for the Future of Energy, supported by a $50 million gift from Robert Zorich, managing partner of EnCap Investments and an alumnus of ASU's Thunderbird School of Global Management. The institute, a collaboration between Thunderbird and ASU's Global Futures Laboratory, will focus on energy education, … [More]
Developer Breaks Ground on 80K SF Medical Campus in Peoria
Irgens, a national developer specializing in healthcare, commercial, industrial and mixed-use real estate, broke ground on Cielo Vista Medical Commons, a new, two-phased medical office building development located at 26425 North Lake Pleasant Parkway in Peoria, Arizona. The project will deliver up to ±80,000 rentable square feet across two buildings on a 6.6-acre site. Cushman … [More]
Western Alliance Partners with Clover to Accelerate 55+ Housing Development
Western Alliance Bank’s Multifamily Housing Finance Group announced a strategic alliance with Clover Lending Group, an integrated asset management, development and property management company specializing in affordable senior living and other multifamily communities. Clover Lending Group is nationally recognized for its vertically integrated model, which spans development, … [More]
$30M Raise Finalized in Phoenix to Launch AI Agents for Skilled Nursing & Home Care
ExaCare AI, a trailblazer in automation for operations teams in post-acute care facilities, announced a $30 million Series A round led by global software investor Insight Partners, with participation from Foundation Capital, Bienville Capital, and select post-acute operators. The new capital will scale ExaCare's AI platform for skilled nursing facilities and expand product, … [More]
West-MEC Launches 31,000-SF Career Academy to Strengthen the West Valley Workforce Pipeline
Full-service construction management firm GCON Inc. joined with project partners and leaders from the City of Avondale, Arizona and the Agua Fria High School District for a grand opening ribbon cutting of West-MEC Career Academy at Agua Fria High School. The new West-MEC campus spans 31,000 square feet in four state-of-the-art buildings offering technical training for high … [More]
Phoenix–Taipei Startup Corridor Formed to Scale AI and Semiconductor Companies
Tesoro Venture Capital, an Arizona-based venture fund and accelerator focused on artificial intelligence and semiconductor innovation, and Startup Island TAIWAN (SIT), the national startup brand powered by Taiwan’s National Development Council, announced the signing of a Memorandum of Understanding to deepen collaboration between the U.S. and Taiwan in the rapidly expanding AI … [More]
National Engineered Materials Co. Announces Board Chair Transition
Rogers Corporation announced that Peter Wallace, Chair of the Board of Directors, has informed the Board of his decision not to stand for re-election at the Company’s 2026 Annual Meeting of Shareholders. In anticipation of this transition, the Board has elected Armand Lauzon, an existing member of the Board since 2023, to serve as the next Chair, effective immediately. Mr. … [More]
Phoenix Design Firm to Lead 15,000-SF, Three-Terminal Dining Build at JFK
Eataly is preparing to make its highly anticipated U.S. airport debut at John F. Kennedy International Airport, bringing five dynamic new spaces across three terminals beginning in September 2025. To bring this ambitious vision to life, Eataly and HMS Host has tapped Phoenix-based Ideation Design Group (IDG), a global leader in hospitality and travel design, to spearhead the … [More]
Luxury Hotel Group Sets 2026 Launch for Large-Scale Desert Resort in Paradise Valley
Kimpton, part of IHG’s fast-growing luxury and lifestyle portfolio, celebrates the signing of Kimpton Miralina Resort & Villas in Paradise Valley, Ariz., a scenic desert and mountain enclave east of Phoenix. The resort will become the first branded IHG luxury and lifestyle property in the Paradise Valley/Scottsdale market upon its planned early 2026 opening, and take shape … [More]
