Arizona Homeownership Surges with Seventh-Highest in US, Arizona’s Housing Market Is on Fire!

inbusinessPHX.com

New research has revealed the state with the most significant increase in homeownership since 2014, with Arizona taking seventh spot. Arizona had the seventh-most significant rise in homeownership over the past ten years, with an increase of 8.41%. Real estate experts Agent Advice analyzed a recent housing vacancy and homeownership survey from government census data to … [More]

Phoenix Arts & Culture Announces Nine Artists Selected for its ¡Sombra! Public Art Project

Artists will create shade and cooling installations in public parks as part of  City’s efforts to address extreme heat

inbusinessPHX.com

​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​The Phoenix Arts & Culture Department has announced the selection of nine artists for its “¡Sombra!" public art project. Funded by a $1 million Public Art Challenge grant from Bloomberg Philanthropies, the artists will create temporary shading and cooling installations in response to Phoenix's extreme urban heat. … [More]

Arizona’s Clean Elections Concludes Successful Primary Debate Series Surpassing Reach Expectations

inbusinessPHX.com

Clean Elections, Arizona's non-partisan source for voter education is celebrating the halfway point of its historic debate program. This year's series premiered in partnership with the Arizona Media Association (AMA) at BitFire Studios with hundreds of media brands leveraging the debate content including major debates being simulcast and all others distributed … [More]

Westgate-Adjacent 296-Unit Multifamily Property Sells for $76.6M in Glendale

inbusinessPHX.com

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Glen 91, a 296-unit multifamily asset in Glendale, Arizona. The property sold for $76.5 million, or $258,446 per unit. “The West Valley’s municipalities, which include Glendale, have experienced outsized growth in the post-pandemic boom and are among the Valley’s most in-demand … [More]

Arizona Nonprofit Receives $700,000 over Two Years to Support Oral Health Care Services

inbusinessPHX.com

Brighter Way Institute, an Arizona-based nonprofit dedicated to providing comprehensive oral health care to underserved children, families, adults, veterans, and individuals experiencing homelessness, has received a $700,000 multi-year grant from The Bob & Renee Parsons Foundation. The grant will support economically disadvantaged, uninsured and underinsured patients … [More]

Phoenix Leads the Nation in Active Industrial Construction, Says Report

Valley’s industrial sector delivers over 10 million square feet last quarter, with 37 million currently underway

inbusinessPHX.com

After delivering over 10 million square feet of industrial product last quarter, Phoenix continues to be a hotspot for industrial development and currently ranks first in the U.S. for active projects with 37 million currently underway, as highlighted in LGE Design Build’s Q3 Construction Delivery Outlook report released today. “Custom-built industrial projects, student … [More]

SBA Announces New Grant Funding for Native American-Owned Small Businesses

Native American Trade Expansion Program to Provide Up to $240,000 in Grants

inbusinessPHX.com

The U.S. Small Business Administration (SBA) announced a funding opportunity for Native American-owned small businesses under its new pilot Native American Trade Expansion Program (NATEP). The new program will provide up to $240,000 in grants to expand exporting opportunities to Native American-owned small businesses. The deadline for eligible small business concerns to submit … [More]

Scottsdale Law Group Expands Firm’s Litigation and Equine Practices

inbusinessPHX.com

Rose Law Group, Arizona’s largest woman-founded lawfirm announce the addition of Paige Kemper as an Associate Attorney in the firm's litigation and equine practices. Kemper brings a wealth of experience and passionate commitment to advocating for clients across various civil litigation arenas. Kemper joins Rose Law Group with a proven track record in State and Federal … [More]

Scottsdale Quarter Restaurant Acquired, Will Close Temporarily for Renovation

inbusinessPHX.com

etta Scottsdale, which opened in 2022 at Scottsdale Quarter, has been acquired by Austin-based RDM Hospitality. It will be closing temporarily for renovation beginning July 22 and plans to re-open in late September as a re-imagined neighborhood, Modern-Italian vibe dining concept under new ownership with the same … [More]

Construction Co. Breaks Ground on Papago Golf-Adjacent Office Building, HQ to Several Golf Organizations

inbusinessPHX.com

Wespac Construction, Inc. has announced the groundbreaking of the Papago Golf House, a new 14,100 SF office building located adjacent to the Papago Golf Clubhouse and Pavilion, 5595 E. Karsten Way, as well as the Arizona State University Golf Team Practice Facility. The project will serve as the headquarters for numerous state and national golf organizations involved with … [More]

Investment Co. Closes on Land in San Tan Valley to Develop Single-Family Build-to-Rent Communities

inbusinessPHX.com

Harvard Investments closed on land sales to a homebuilder and multifamily developer who plan to construct single-family residences and build-to-rent units, respectively, in the growing, unincorporated community of San Tan Valley, Arizona. The two sales fetched $15.4 million. Harvard Investments, a real estate investment and development company, sold 133 guaranteed finished … [More]

Looking Back at a Year of Growth for This Leadership Organization

Rick McCartney

Last year, Valley Leadership continued to grow and expand its impact and reach. We finished the third year of our Catalyze and Explore programs, graduating another 100+ leaders and sending them out into the community equipped and ready to make meaningful impact – as individuals serving the community, but also as part of our Impact Maker. There were some big milestones for our … [More]

Nearly 1 in 4 Sellers Cut Home Prices as Inventory Grows

inbusinessPHX.com

Home listings are piling up as buyers step back from the peak of home shopping season faster than normal, according to the latest monthly report from Zillow. "A growing segment of homes that aren't competitively priced or well marketed are lingering on the market. Sellers are increasingly cutting prices to entice buyers struggling with affordability," said Skylar Olsen, … [More]

Arizona Residents Expected to Pay 75% Increase in Electricity Costs this Summer

inbusinessPHX.com

New data has revealed the states that will encounter higher electricity expenses this summer. Arizona residents will likely have to shell out an extra $100.15 per month to keep cool - the highest extra cost for any state. Conducted by electricity experts Texas Electricity Ratings, the study analyzed Energy Information Administration (EIA) data to rank states based on … [More]

Partnership Brings New Battery Storage System to Help Meet Growing Energy Demand

inbusinessPHX.com

Salt River Project and Aypa Power have entered into an agreement to provide 250 megawatts (MW) / 1,000 megawatt-hours (MWh) of new energy storage to the Arizona grid. The Signal Butte energy storage project will be a 250 MW, four-hour battery energy storage system located in the Elliot Road Technology Corridor in Mesa, AZ. The project will utilize lithium-ion technology and … [More]

City of Phoenix Ready to Welcome 2024 WNBA All-Star Game

Rick McCartney

​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​ Phoenix is excited to host players, coaches, and basketball fans from across the country for the 2024 WNBA All-Star Game, July 19-20. The City of Phoenix is prepared for a safe and fun weekend of events, and reminds attendees to follow safety guidelines, too.  EVENT … [More]

Where to Watch the WNBA All-Star Game: DTPHX Sports Bars

by DTPHX

If you didn't grab tickets to the WNBA All-Star Game, we've got you covered with the next best spots to catch it on TV. Cheer on your favorite players from the incredible sports bars that Downtown has to offer. Enjoy a weekend full of delicious food, tasty beverages, and the vibrant energy of DTPHX. City of Phoenix Ready to Welcome 2024 WNBA All-Star Game Here are a … [More]

The Ever-Changing World of Social Media – How to Keep Your Brand on Top of It 

by Rachel Strella

In today's digital landscape, social media is no longer just a platform for personal updates; it's a vital component of brand strategy, customer engagement, and business growth. Yet, the dynamic nature of social media means the tactics and tools that drive success are in a constant state of flux. Algorithms shift, new features appear, and trends evolve at a rapid pace. For … [More]

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