October Shows a Slow Start to the Quarter, but Metro Area Still Outperforming National Home Sales Trends

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Fourth quarter of 2023 started slow with pending sales down 30.6% from last October, according to the latest data from Phoenix REALTORS. Year-to-date, closed sales are down 17% from the same period the previous year. The numbers follow seasonal trends typical for this time of year, as real estate activity decreases approaching holiday months. "The Phoenix metropolitan area is … [More]

Upscale Retail Additions Coming to Tempe Marketplace

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Vestar, one of the leading privately held shopping center owners and managers in the western United States, is pleased to announce 11 new tenants will join the dynamic roster of retailers at Tempe Marketplace, further elevating the shopping experience for residents and visitors alike. Totaling more than 54,000-square-feet of retail and restaurant space, the addition of these … [More]

CybeReady Unveils Five Key Actions to Combat Black Friday Cyber Threats

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CybeReady, a global leader in security awareness training, today highlighted businesses and consumers gearing up for one of the busiest shopping seasons of the year, and the cyber threats that rise in this timeframe. This period is widely recognized to mark an increased risk of cyber threats that puts organizations as well as their employees and customers at risk. In response, … [More]

Rent Remains High with More Properties Offering Incentives, Especially Phoenix

New construction surge prompts landlords and property managers to provide more perks

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Rental concessions—offers meant to entice tenants, such as free months of rent or free parking—are at their highest level in more than two years despite strong renter demand, Zillow's latest data shows. That's because property managers are now likely competing for tenants, as new, primarily upscale buildings from the recent construction boom enter the rental … [More]

New Study on Driverless Cars Explores the Future of Insuring Autonomous Vehicles

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A new article published by MarketWatch Guides explores the future of insuring autonomous vehicles (AVs). This is the third piece in their "Future of Car Insurance" series. The article, titled “How Will Self-Driving Cars Be Insured in the Future?” overviews the challenges auto insurers may face as autonomous driving is further adopted. Innovation in AV technology currently … [More]

NICU Expansion Complete at Abrazo Arrowhead Campus

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Abrazo Arrowhead Campus held a ribbon cutting today for its new Neonatal Intensive Care Unit, a $14 million expansion of the hospital’s services for preterm babies and high risk pregnancies. Expansion helps the hospital care for West Valley patients with complex maternal and neonatal medical conditions, obstetric and fetal complications, explained Julie Bowman, RN, Chief … [More]

NASCAR Foundation Selects GiGi’s Playhouse as Finalist for Humanitarian Award

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GiGi’s Playhouse is thrilled to announce that Jennifer Gage, founder of GiGi’s Playhouse Phoenix, has been selected as a finalist to receive the NASCAR Foundation’s 13th annual Betty Jane France Humanitarian Award. The award recognizes an outstanding champion committed to improving the lives of children in their community. The finalists were announced on Oct. 26 on FOX Sports … [More]

Federal Government Expands H-2B Program to Issue up to 130,716 Temporary Worker Visas in FY 2024

by Yusra Bokhari

On November 3, 2023, the Department of Homeland Security and the Department of Labor announced that the availability of H-2B visas would be nearly doubled in the 2024 fiscal year. The announcement is anticipated to help American businesses faced with burdensome staff shortages as the “increase will help address the need for seasonal workers and reduce irregular … [More]

Winter Wanderland Brings Wonderment and Holiday Cheer to Downtown Phoenix

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Hosted by Downtown Phoenix Inc., Winter Wanderland transforms Downtown Phoenix into a holiday storybook setting with free holiday performances, colorful holiday lights and décor, delicious food, drinks and merriment. Multiple locations throughout Downtown Phoenix will participate in this free event on Saturday, Dec. 9, from 11:00 a.m. to 7:30 p.m. Each activation is within … [More]

Festival of the Arts 2023 Is Here, Saturday, Nov. 18

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Celebrate the arts in our community! Featuring performances, dance, live music, hands-on activities for kids, vendor market, food, artist demos, beer & wine garden, and more! FREE ADMISSION! Festival of the Arts 2023 Schedule of Events We will be live-streaming the event all day! Saturday, November 18, 11:00am to 6:00pm Herberger Theater Center View … [More]

New Actions Strengthen Arizona’s Premier Semiconductor Talent Pipeline

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Governor Hobbs joined leaders from industry, government, academia, and childcare nonprofits to announce a robust set of actions aimed at enhancing Arizona’s premier semiconductor workforce, increasing opportunities for apprenticeships, and supporting Arizona workers and families. The actions build on Arizona’s already substantial network of training and education assets for … [More]

Full-Time Bank On Arizona Fellow Will Lead Coalition in Arizona to Bank the Unbanked

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Millions of Americans across the country are outside of the stabilizing financial mainstream, without a safe banking account to manage their money and build towards a stronger financial future. Across the country, Bank On coalitions work to connect residents to safe, affordable accounts, and Dress for Success Phoenix just received a new grant to supercharge these efforts. Dress … [More]

Canadian Healthcare Furniture Co.Grows U.S. Presence Through Acquisition of Arizona-based Plural Studios

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Stance Healthcare, a leading furniture manufacturer for healing environments, today announces it has agreed to acquire Plural Studios, a maker of adaptive furniture for healing, business, learning, and hospitality. The two companies will begin working together immediately, with the transaction expected to close on or about January 1, 2024. “The more I got to know Plural … [More]

Valley Coffee Co. Set to Open Four New Locations in Sprouts

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              PRESS Coffee and Sprouts Farmers Market announced today the two Phoenix-based businesses will continue their partnership with a plan to open four new PRESS Coffee locations inside of Sprouts stores. The two partnered on a pilot location a year ago in October 2022, opening the first PRESS Coffee inside of … [More]

Phoenician Meeting Space Gets Multi-Million-Dollar Renovation

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The Phoenician, Arizona’s premier AAA Five Diamond conference destination, has announced the Phase One completion of its meeting and event space renovation. Under the direction of Boston-based Parker-Torres Design, the extensive re-fresh brings a blend of contemporary and indigenous aesthetics to the Camelback Ballroom and foyer, The Phoenician Grand Ballroom south and east … [More]

Their Take: Shop Small This Small Business Saturday, Nov. 25

by Chad Heinrich

As Arizona state director of the National Federation of Independent Business, I’m thankful for the Grand Canyon State’s small businesses. I’m thankful for their drive and stubbornness, their determination to keep the lights on and keep people working. Our neighborhood small business owners haven’t had it easy. Many barely scraped by through the pandemic only to face historic … [More]

HonorHealth Breaks Ground on Medical Campus at Peoria

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HonorHealth, a leading Valley healthcare system serving more than five million people in the greater Phoenix area, broke ground today on their latest healthcare facility, HonorHealth Medical Campus at Peoria. The new medical campus will be a one-stop-shop for a variety of services including cancer care, primary care, physical therapy, gastroenterology, breast surgery, … [More]

Coffee with a Cause: Noble Ground Coffee Opens Flagship Café in Phoenix, Supporting Underserved Communities

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Noble Ground Coffee, a unique coffee concept dedicated to making a lasting impact in the community, is celebrating the grand opening of its flagship café and first location in Phoenix. Located at the corner of McDowell Road and 7Th Avenue, the grand opening event, ribbon cutting, and coffee toast was a resounding success. Guests had a chance to win signed merchandise from the … [More]

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