When people face a world that is too complex to understand, constantly changing in unexpected ways and unclear, they put up barriers of distrust and caution. This environment creates debilitating distress, and most people don’t have the tools or training to deal with it. This affects decision making and can lead to irrational choices driven by fear. Sound familiar? From the … [More]
Phoenix’s Paradise Mall Redevelopment Moves Forward
RED Development has unveiled the newest details for its ongoing redevelopment of the 100-acre Paradise Valley Mall site in Phoenix. The project has been renamed as PV with the announcement that phase one of the redevelopment is scheduled to open by mid-2024. Phase one of PV will feature a 400-unit apartment community developed by StreetLights Residential, a Whole Foods … [More]
New ‘Skin’ for Phoenix Suns’ Footprint Center Completed
Kovach Enclosure Systems, LLC of Chandler, recently completed the new exterior “skin” for the Phoenix Suns’ Footprint Center in downtown Phoenix that is designed to make the wall panels look like rippling water when the wind blows and, alternatively, blaze on fire when the sun strikes. Using 130,000 kinetic, 6 inch by 6 inch aluminum flaps that move independently without … [More]
Latino Leadership Institute Launches Program Designed to Accelerate the Growth of Latino and BIPOC Businesses
Latino Leadership Institute (LLI), a nonprofit that unlocks the full economic and social potential of diversity by elevating Latino and BIPOC professionals across sectors and industries, announces the launch of its Latino Entrepreneur Access Program (LEAP) to move Latino and BIPOC entrepreneurs from high potential to high growth. Currently, only 3% of Latinos are accepted … [More]
Super and HomeSmart Enter Into a Nationwide Partnership
Super, an insurtech company that provides subscription care for the home, today announced a nationwide partnership with HomeSmart. Super will be the home warranty partner for HomeSmart agents and brokers in all the markets where Super is available, including recently launched Atlanta and Charlotte. In Phoenix, HomeSmart's largest market, Super and its wholly-owned subsidiary … [More]
Apricus Health to Open Two Surgery Centers in the West Valley
In a move that will expand access to high-quality, high-value surgical care in the booming West Valley, Apricus Health soon will cut the ribbon on new surgery centers in Avondale and Surprise. The physician-led and -founded company that delivers a 24/7 superior health care experience and quality for the community, will open Apricus Health Surgery Centers of Avondale and … [More]
Intel to Acquire Tower Semiconductor for $5.4 Billion
Intel Corporation and Tower Semiconductor, a leading foundry for analog semiconductor solutions, announced a definitive agreement under which Intel will acquire Tower for $53 per share in cash, representing a total enterprise value of approximately $5.4 billion. The acquisition significantly advances Intel’s IDM 2.0 strategy as the company further expands its manufacturing … [More]
72% of Office Workers Worldwide Worry about Air Quality in Their Buildings, Says Survey
Nearly three out of four surveyed office workers express concern about their building's indoor air quality (IAQ), according to a report released today by Honeywell. "Workplace Air Quality: A Global Concern Emerges" presents the findings of Honeywell's second annual Healthy Buildings Survey, which recently queried 3,000 office workers in buildings with 500-plus workers in ASEAN, … [More]
GoDaddy Arranges Repurchase of $750M of Its Stock
GoDaddy Inc. announced it entered into accelerated share repurchase agreements (the "ASR Agreements") with each of Goldman Sachs & Co. LLC and Morgan Stanley & Co. LLC to repurchase an aggregate of $750 million of GoDaddy's Class A common stock. GoDaddy expects final settlement of the ASRs to occur during the second quarter of 2022. As disclosed in its fourth … [More]
Co-Development Negotiations Underway for 5-Acre Hayden Flour Mill Redevelopment
Phoenix-based adaptive reuse experts Venue Projects and Scottsdale-based legacy developer Sunbelt Holdings have been selected by the City of Tempe to co-lead the redevelopment plans for the 5-acre Hayden Flour Mill, one of Tempe’s most revered landmarks and an integral part of Tempe’s history. Located at the southeast corner of Mill Avenue and Rio Salado Parkway in Tempe, … [More]
National Delinquency Drops below March 2020 Level for the First Time Since Pandemic, Says Report
CoreLogic, a leading global property information, analytics and data-enabled solutions provider, today released its monthly Loan Performance Insights Report for November 2021. For the month of November, 3.6% of all mortgages in the U.S. were in some stage of delinquency (30 days or more past due, including those in foreclosure), representing a 2.3-percentage point … [More]
75% of Recent Home Buyers Have Regrets about Their New Home, Says Survey
Purchasing a home in a rapidly appreciating and hypercompetitive housing market can feel like winning the lottery. But a new Zillow survey finds even those who are successful often make compromises and can suffer from buyer's remorse. Current and aspiring home shoppers can learn from the regrets of these pandemic-era buyers with help from new technology and a housing market … [More]
