Opportunity Zone Fund Brings Distillery to Downtown Mesa

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Caliber, an alternative asset manager of real estate investments and developments, has brought another new business to Downtown Mesa, Arizona. On Thursday, January 4, Arizona Distilling Co. is celebrating its grand opening, hosting Caliber executives and several Mesa councilmembers, at its location at 155 W. Main Street. After opening its original location in Tempe, Arizona … [More]

Seasoned Litigator and Former General Counsel Nicole Stanton Joins Phoenix Law Firm

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Nicole Stanton has joined Dorsey & Whitney LLP as a Partner in Phoenix, continuing the growth of this successful office. Nicole is a veteran litigation and legal ethics counsel with over 20 years of experience. Most recently, Nicole served as the Vice President and General Counsel for Trulieve Cannabis Corp., a publicly traded company operating in nine states with $1.2 … [More]

TEGNA’s KPNX/KNAZ in Phoenix and NBC Renew Affiliation Agreement

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TEGNA Inc. and NBC announced a comprehensive, multi-year deal that renews station affiliation agreements for 20 TEGNA markets nationwide, including renewal for KPNX/KNAZ Channel 12 in Phoenix. The 20 markets renewed cover more than 21 million households, nearly 17 percent of U.S. TV households. TEGNA is the largest independent owner of NBC affiliates. “As the largest … [More]

Homebuyers’ Monthly Payments Drop to Lowest Level in Nearly a Year, Bringing Back House Hunters

The median U.S. housing payment is down nearly $400 from its October peak, enticing some sidelined buyers to get back in the game

Rick McCartney

The median U.S. mortgage payment was $2,361 during the four weeks ending December 31, according to a new report from Redfin, the technology-powered real estate brokerage. That’s down $372 (-14%) from October’s all-time high to its lowest level in nearly a year. Early-stage homebuying demand is starting to pick up as buyers take advantage of lower rates and more homes … [More]

Pickleball Paddle, Equipment and Apparel Co. Launches in Scottsdale

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Straight out of the mecca of pickleball comes the new paddle brand CRUSH, with a mission to change lives while providing the highest quality professional level pickleball equipment at an affordable rate. The Scottsdale-based company offers premium pickleball paddles, backpacks, men’s and women’s apparel, accessories and more, and plans to expand the brand through its … [More]

Their Take: NFIB State Director Discusses New Reporting Requirements for Small Business Owners

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In a conversation with ABC 15’s Ben Brown, NFIB State Director Chad Heinrich discussed new beneficial ownership reporting requirements for small business owners, which took effect January 1, 2024. Under the Corporate Transparency Act (CTA), more than 32 million businesses will be required to report information about their business and business owners to a new federal database … [More]

Northwest Extension Phase II Expands Light Rail System Another 1.6 Miles, Opens Jan. 27

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The region will soon have a new connection from Mesa, Tempe and downtown Phoenix to northwest Phoenix. The Northwest Extension Phase II light rail project will officially open for service on Saturday, Jan. 27, 2024. A ribbon cutting and community celebration is being planned on that day to commemorate the occasion. “As Phoenix continues growing, so does the need for … [More]

A New Year, A Fresh Start: Exciting Free Career Training Programs for Women in 2024

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As the New Year brings fresh beginnings, Fresh Start, a Phoenix-based non-profit that empowers women to succeed, is celebrating the success of its career training programs in 2023 and offering exciting opportunities in 2024. Women come to Fresh Start seeking the support and resources to create a brighter future for themselves and their children. All women are welcome to … [More]

Governor Announces Plan for Arizona’s Controversial School Voucher Program

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Governor Katie Hobbs announced her plan to increase accountability and transparency in the ESA voucher program that is projected to cost the state nearly $1 billion in the current fiscal year. The plan, which will be introduced in the upcoming legislative session and executive budget, will increase student safety, promote financial accountability, and hold private schools … [More]

Valley Law Firm Adds Five-Attorney Supply Chain and Logistics Team to Its Transportation Practice

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Husch Blackwell begins the year with further national expansion with the addition of five supply chain and logistics attorneys, Julie Maurer, Andy Kleiner, Aaron Schepler, Loren Ungar, and Joseph Baratta. They join the firm’s Transportation industry group in the Phoenix office. The five bring a combined eight decades of supply chain and logistics experience providing a … [More]

Arizona Corporation Commission Announces a New Federal Reporting Requirement under the Corporate Transparency Act

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The Arizona Corporation Commission (ACC) is committed to supporting and facilitating business operations in Arizona. In line with this commitment and our ongoing efforts to keep business owners well-informed, the ACC wishes to inform you about a significant new reporting requirement effective from January 1, 2024. The United States Congress has passed the Corporate … [More]

Arizona Lottery Celebrates a Winning Year in 2023: Unveils Impressive Wins and Community Impact

From Life-Changing Jackpots to Small-Town Triumphs, Arizona Lottery Reflects on Diverse Successes and Contributions in the Past Year

inbusinessPHX.com

As December draws to a close, the Arizona Lottery is thrilled to reflect on an extraordinary year of success and excitement. In 2023, the state experienced a remarkable surge in lottery wins, totaling an impressive 16,417 over $600 each across various games. Across all wins resulted in more than $868 million in total prizes distributed to lucky winners, contributing to the … [More]

Give Quiet a Chance in 2024 (It’s the Small Change That Changes EVERYTHING for Professionals)

Rick McCartney

Another year is winding down, and, sadly, your job is STILL making you miserable. You’re stressed, burned out, and overwhelmed. Even when you manage to get things done, your work is at best unfulfilling and at worst totally meaningless. And at the end of the day, you’re too exhausted to enjoy your friends and family. The worst part is, you’re not exactly sure why you feel … [More]

Mesa-Based Capital Group Wraps Up Inaugural Year with Big Plans for 2024

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In its inaugural year, Streamline Capital Group witnessed remarkable growth and achievement. Following its initial startup phase earlier in the year, it successfully acquired approximately $9 million worth of real estate, encompassing nearly 60,000 SF. “This success allowed us to forge new connections with investors both locally and nationwide,” said CEO David Hrizak. “The … [More]

Interior Design Firm Plans for New Office Space in Scottsdale after 25 Years in Its Current Location

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Luxury interior design firm, Est Est Interior Design, announced today its plans to move into a new office space near Scottsdale Quarter after 25 years in its current space. Est Est will move its 15-person team into a newly-renovated 8,500-square-foot suite at Cornwell Corporate Centre, located at 14822 N 73rd Street, in February 2024. “It has taken more than a year of … [More]

Pete Chuchro Named Cigna Healthcare General Manager for Arizona Market

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Cigna Healthcare has named longtime company leader Pete Chuchro as general manager for its group employer business in Arizona. In this role, Pete will be responsible for driving market growth for client employers with under 3,000 employees by creating customer value and ensuring that the local market strategy, product and network offerings meet evolving customer and client … [More]

IRS Announces Limited-Time Repayment Program for Faulty Employee Retention Credit Applications

by Otto S. Shill III

The Internal Revenue Service has just published Announcement 2023-3 which allows companies to repay Employee Retention Credit (“ERC”) funds that they received from the federal government based on a defective application.  The Service is offering this program to mitigate the impact on businesses who were the victims of unscrupulous promoters of ERC applications.  The limited … [More]

Law Firm Announces Transition of Environmental Practice Group Leadership

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Gallagher & Kennedy Announces David P. Kimball’s Retirement, Transition of Environmental Practice Group Leadership to Gallagher & Kennedy announces the retirement of environmental shareholder David P. Kimball, III, after 47 years of practice and 30 years at Gallagher & Kennedy. Assuming leadership of the firm’s acclaimed environmental and natural resources practice … [More]

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