Industrial Contractor Drives Industrial Construction Growth and Workforce Innovation

inbusinessPHX.com

Nox Group, a large-scale industrial contractor, is commemorating a major milestone as its longest-standing operating company, Corbins, turns 50. Corbins started as a local force in electrical contracting and steadily built a reputation for excellence in key sectors like data centers and semiconductor manufacturing facilities – forming the bedrock for what would eventually … [More]

Concrete Subcontractor Launches In-House ‘University’ Program

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Employee-owned Suntec Concrete, the Southwest’s largest concrete subcontractor, has announced the launch of Suntec University, a comprehensive in-house training and development program equipping Suntec employees with skills that empower them in their work, families and communities. Based on three program pillars – Relationships, Leadership and Growth – Suntec University … [More]

Phoenix-Based PR Co. Named Global Semiconductor Industry Association’s Agency of Record

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Kiterocket, a PR-forward communications agency, has been named agency of record by SEMI, the global industry association connecting more than 3,000 member companies and 1.5 million professionals across the semiconductor and electronics design and manufacturing supply chain. The partnership will support the association's integrated corporate communications strategy across global … [More]

Banner|Aetna Names New COO

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Banner|Aetna, a joint venture health plan and one of the leaders in innovative, value-based care in Arizona, has announced John Byrnes as Chief Operating Officer. As COO, Byrnes will manage daily operations and lead the company’s strategic efforts to provide quality, accessible, and integrated care. Byrnes brings more than 15 years of experience in operations and … [More]

Phoenix Tax Rates to See Slight Increase Starting July 1

inbusinessPHX.com

Phoenix residents and businesses should be aware of an upcoming change to the City of Phoenix Transaction Privilege and Use Tax (TPT) rates. This tax, often thought of as similar to sales tax though it's actually a tax on the business doing activity within the city, is scheduled to increase. On March 18, 2025, the Phoenix City Council approved Ordinance G-7369. This … [More]

U.S. Home Sellers Are Sitting on $700B Worth of Listings, an All-Time High

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There’s a total of $698 billion worth of homes for sale in the U.S., up 20.3% from a year ago and the highest dollar amount ever, according to a new report from Redfin, the technology-powered real estate brokerage. The report is based on an analysis of listings on Redfin.com going back through 2012. For the total dollar value of all inventory on the market, Redfin summed up … [More]

Investment Firm Announced $86M in Financing for Hip Scottsdale Hotel

inbusinessPHX.com

Walker & Dunlop, Inc. announced that it advised on an $86,000,000 loan to refinance the Caesars Republic Scottsdale, a Hilton Hotel; a newly constructed, luxury grade full-service asset located in the epicenter of Scottsdale Fashion Square. Walker & Dunlop Arizona Capital Markets, led by Jim Pierson and Keaton Merrell, partnered with Walker & Dunlop New York … [More]

New Era for East Valley Landscape Architecture Firm Marked by Rebranding

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The Adamson Group unveils its official rebrand from McGough Adamson Group, a transformation that underscores its growth and commitment to the landscape architecture industry. Originally founded as McGough Group in 1992 by Tim McGough, the firm transitioned to McGough Adamson Group in 2018 when Nick Adamson became part owner. Now, with McGough’s retirement and Adamson’s … [More]

VC Joins $51M Arizona AI Data Center Land Deal

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Arizona Land Consulting (ALC), Arizona’s ​AI data center investment fund​ led by Anita Verma-Lallian, has closed on a landmark $51 million land deal, further solidifying its position as a driving force in the state’s AI infrastructure race. In a major vote of confidence, renowned venture capitalist Chamath Palihapitiya has joined the investment group backing the deal, alongside … [More]

Arizona Joins National Initiative to Expand Education Access for Students Impacted by the Criminal Justice System

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Arizona, represented by the Arizona Board of Regents and key state partners, has been selected as one of five states to participate in a new, national initiative aimed at expanding access to quality postsecondary education for students impacted by the criminal justice system. Launched by the State Higher Education Executive Officers Association (SHEEO) in partnership with … [More]

New Apartments Are Sitting Vacant for Months, Giving Renters Power to Negotiate Concessions

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Less than half (49%) of newly built apartments completed in the fourth quarter of 2024 were rented within three months, up slightly from 47% the previous quarter. That’s according to a new report from Redfin, the technology-powered real estate brokerage. This was the fifth consecutive quarter that the rental absorption rate was below 50%, a speed that continues to lag behind … [More]

Point in Time Homeless Count Sees Increase in People Living Unsheltered

Total is higher than 2024, but on par with recent years

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Results from the 2025 Point in Time Homeless count (PIT count) are in, and the region has seen a 3 percent increase in the number of people experiencing homelessness, in particular among those living unsheltered – sleeping in parks, cars, and other places not meant for habitation. The count was conducted on January 28, 2025, as part of an annual nationwide effort to count … [More]

EVENT – Jun 11: The Future of Healthcare Starts Here – WESTMARC Healthcare Summit 2025

Rick McCartney

WESTMARC is proud to host the 2025 Healthcare Summit at Midwestern University in Glendale, Arizona, from 8:00 a.m. to 12:00 p.m. This influential event will bring together healthcare leaders, innovators, and policy advocates for a critical conversation on the future of healthcare. Under the theme “The Future of Healthcare Starts Here,” the summit will explore the evolving … [More]

Scholarship to Grow Healthcare Provider Pipeline

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A new scholarship for Creighton University students will boost the number of physicians and physician assistants in Maricopa County and the state at large, both of which are facing a significant shortage of healthcare providers. Each year, the Blue Cross Blue Shield of Arizona Foundation for Community & Health Advancement (AZ Blue Foundation) Annual Scholarship will … [More]

Phoenix Office Market Evolves as Demand Shifts Toward Upgraded Class-A Space

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Phoenix’s office market is continuing to evolve as demand for upgraded Class-A space drives a surge in tenant improvement projects, according to LGE Design Build’s newly released Q2 2025 Construction Delivery Outlook. “Phoenix’s growth trajectory is still strong, but we’re now seeing more selective investment as developers and owners react to new market signals,” said Blake … [More]

AI-Driven Bookkeeping Platform Secures $10M Series A Funding

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Uplinq, a leading provider of AI-driven bookkeeping and tax solutions for small and medium-sized businesses (SMBs), today announced the closing of a $10 million Series A funding round. The round was led by Next Coast Ventures, with participation from AZ-VC, Live Oak Ventures, and existing investors. This infusion of capital will accelerate Uplinq's growth, … [More]

Arizona’s Newest Fast-Casual Chicken Brand Expands Vision with Strategic Growth Shift

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Chicken N Pickle, the nationally recognized indoor/outdoor entertainment complex known for its chef-driven restaurant, pickleball courts, and lively community atmosphere, announces a strategic evolution in its growth plan. With 13 locations operating across the country, the brand is shifting its focus toward acquiring complementary entertainment and hospitality concepts, as … [More]

National Wealth Management Firm Expands to Arizona

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Cerity Partners, a leading independent wealth management firm in the U.S., is pleased to welcome Chad Wing and Dustin Brutton as Partners to the firm. Based in Scottsdale, Arizona, Chad, Dustin and their team of four colleagues will establish Cerity Partners' newest office, expanding the firm's geographic footprint and presence in the Southwest. Their addition reflects the … [More]

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