Bettors in Arizona wagered over $609 million on sports in February of 2023, according to a new report by the Arizona Department of Gaming. This represents nearly a 24% increase when compared to February of 2022. “The second month of 2023 saw significant levels of sports betting in the state, with over $117 million more when compared to February of 2022,” said Jackie Johnson, … [More]
Entrepreneur Event Celebrates Ambitious Entrepreneurs Who Are Building Bolder Futures
Ernst & Young LLP announced that Chris Loeffler, Chief Executive Officer of CaliberCos Inc. (Caliber) was named an Entrepreneur Of The Year® 2023 Pacific Southwest Award finalist. Now in its 37th year, Entrepreneur Of The Year is one of the preeminent competitive business awards for transformative entrepreneurs and leaders of high-growth companies who are building a more … [More]
AAED Releases Its State of Arizona Economic Development Survey: Economy, Water, Housing Affordability among Key Concerns
The Arizona Association for Economic Development (AAED) announced the results of its State of Arizona Economic Development survey at its recent spring conference in Tucson. AAED surveyed its membership of more than 500 economic development practitioners and those that provide goods and services from the private sector. With the economy on everyone’s mind, the survey showed … [More]
Global Transportation and Shipping Co. to Open Office in Tempe’s New 777 Tower
MSC Mediterranean Shipping Company, a global leader in transportation and logistics, announced plans to open its new MSC Tempe office, expanding the company’s network of locations across the United States. Located on the Arizona State University (ASU) campus, construction of the state-of-the-art 777 Tower is set to be completed by Spring of 2024. The 28,302-square-foot space … [More]
Edgio Appoints Chief Revenue Officer to Fuel Next Stage of Growth
Edgio, Inc., the platform of choice for speed, security, and simplicity at the edge, today announced the appointment of Todd Hinders as its Chief Revenue Officer. With more than 20 years of experience in the technology industry, Hinders will lead the company's revenue strategy and execution, overseeing sales for both Edgio's Media and Applications groups as well as the … [More]
Spring Cleaning for Your Business: Pest Control Matters
Like homes, businesses require pest control services to keep infestations to a minimum. Prevention and management are crucial to maintaining a healthy and safe environment for employees. Arizona’s summer temperatures draw insects and critters out of their homes as they search for food, water and shelter. Although insects don’t discriminate, there are five places of business … [More]
4 Tips for Defining and Reaching Your Target Audience
When competing with other brands to find the best channels needed to reach your audience, developing an effective marketing strategy might feel like throwing darts blindfolded. To increase your odds of reaching people who might be interested in your product or service, you need to effectively and accurately define your target audience first. It might take more than one … [More]
Scottsdale-Based Luxury Homebuilder Earns Coveted Gold Nugget Honors
It’s award season, and Camelot Homes has learned they are a Gold Nugget Award (GNA) of Merit winner in four categories of the 2023 Gold Nugget Awards. The annual competition honors architectural design and planning excellence and draws entries from throughout the United States and internationally. Camelot Homes earned its Merit honors for Paradigm, which was honored for Best … [More]
Design-Build Construction Firm Releases Q2 Construction Delivery Outlook Report
Leading design-build firm LGE Design Build released its second quarter Construction Delivery Outlook Report that monitors and analyzes the economic uncertainty and changes within construction labor, supply chain, material pricing, inflation and overall demand. “The recent turbulent years have taught us that the construction industry is resilient but that we need to be … [More]
Sam Fox Reveals Full Culinary Lineup at Debut Luxury Hotel, Opening in Mid-November
Much anticipation has surrounded details of the culinary offerings at acclaimed restaurateur and hospitality innovator Sam Fox’s soon-to-open luxury hotel, The Global Ambassador, and today new details are being revealed about all five original restaurants that will open within the hotel in mid-November. Widely considered Arizona’s most anticipated hotel opening this year, … [More]
Luxury Condominium Community from Chicago Developer Breaks Ground in North Scottsdale
Belgravia Group, Chicago’s award-winning real estate developer, has announced the groundbreaking of Portico, the highly-anticipated luxury condominium community featuring 112 homes located just northeast of Scottsdale Road and the Loop 101. Sales of the two-, three-, and four-bedroom condominiums have been strong, with nearly 50% of the project already sold. Initial … [More]
Self Storage Sales Market Stays Strong with $10B in Sales, Still Attracting Investors
The self storage market, typically a haven for savvy investors, remained high in 2022. More than 73.4 million square feet of storage space traded last year, for a combined total of $10 billion. That’s according to our most recent industry sales report in which we wanted to gauge the state of the sales market and sought to identify the top self storage markets based on … [More]
Governor Hobbs Announces Arizona’s Title 42 Preparedness Approach
Ahead of the lifting of Title 42, Governor Hobbs today announced the state’s five-point preparedness approach outlining Arizona’s priorities for managing the expected influx of migrants. At the press conference, Hobbs was joined by DPS Director Jeffrey Glover, DEMA-EM Allen Clark, Pima County Sheriff Chris Nanos, Yuma Mayor Douglas Nicholls, and Representative Mariana … [More]
3 Trends That Can Help SMBs Exceed in E-Commerce – AI, BNPL & BOPIS
In the U.S., revenue earned from retail e-commerce is estimated to exceed one trillion dollars in 2023. The online shopping revenue in the U.S. is projected to surpass 1.5 trillion dollars by 2027. According to research by Fundera, 16% of all retail purchases are made on e-commerce sites and it is also anticipated that e-commerce will handle 95% of all consumer transactions by … [More]
Another Industrial Facility Breaks Ground in the Heart of the West Valley Market
Mohr Capital and Rosewood Property Company have kicked off construction on West Summit Logistics Park, in Surprise, Arizona. The logistics park will consist of two Class-A industrial buildings totaling 704,472 square feet across 46 acres of land. “Summit Business Park will sit in a prime location in one of the best markets in the country,” said Bob Mohr, chairman of Mohr … [More]
International Law Firm Finds New Home on Camelback
Perkins Coie, a leading international law firm headquartered in Seattle, has signed a long-term lease for a new office location in Phoenix, Arizona. The law firm will occupy 30,955 square feet at Camelback Esplanade, a Class-A project located at 2525 East Camelback Road in central Phoenix that will be undergoing a significant upgrade and renovation that began this … [More]
9 in 10 Small Businesses Face Hiring Challenges
There are 33.2 million small businesses in America, which have generated nearly two-thirds of all new jobs between 1995-2021, according to the U.S. Chamber of Commerce. Yet, a persistent shortage of skilled workers is hitting them especially hard. With May being Small Business Month, I thought it could be a prime opportunity to spotlight the challenges small businesses face … [More]
