Global Builders Turn to Arizona as High-Tech Projects Accelerate

by Stephanie Quinn

Data centers and semiconductor fabs are rising at record speed in Arizona, and Skanska is moving to meet that demand by bringing its chip and data-center teams under one roof. The global construction firm has expanded its Advanced Technology division into a unified group, known as Skanska Advanced Technology. This realignment streamlines operations nationwide, enabling the … [More]

The Evolution of Luxury Private Golf Communities

A New Era of Hospitality-Driven Living

by Todd Severson

Once defined solely by the fairway, private golf communities are now evolving into lifestyle-driven havens where wellness, connection and family legacy take center stage. While championship-level golf remains a core pillar, today’s affluent buyers are seeking more than just a tee time–they’re searching for a fully integrated lifestyle community that supports their well-being … [More]

327-Unit Wellness Living Community Breaks Ground at PV Mall

inbusinessPHX.com

Life Time, a healthy lifestyle brand, and RED Development, broke ground on Life Time Living Paradise Valley. The new luxury residential project will be adjacent to the 92,000-square-foot Life Time Paradise Valley athletic country club, currently under construction and scheduled to open in the first half of 2026. Together, the Life Time development will bring the company's … [More]

SkySong Summer Leasing Wave Extends into Autumn with 18,000 SF Signed

inbusinessPHX.com

SkySong, The ASU Scottsdale Innovation Center, has seen another wave of new leasing activity in the past few weeks, totaling more than 18,000 square feet. This new wave of activity comes on the heel of the announcement of transactions totaling nearly 40,000 square feet of new leases and expansions, and the signing of a large lease by the Arizona Builders Alliance in late … [More]

Developer Launches 8.5 Acre Business Park to Drive Glendale’s Industrial Expansion

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The Mangat Group announced the launch of MG Business Park, a brand-new industrial condominium development located on the southeast corner of Glendale Avenue and New River Road in Glendale, Ariz. The 8.5-acre site, zoned M-1 (Light Industrial) by the City of Glendale, will feature 36 units across five buildings, totaling more than 84,000 square feet of small-bay industrial … [More]

$3.6M Acquisition in Gilbert Highlights Demand Shift from Lease to Own

inbusinessPHX.com

On behalf of ViaWest Group, the Phoenix office of JLL has completed the sale of a 13,547-square-foot industrial building in Gilbert, Arizona to an owner-user buyer. Part of a six-building industrial portfolio acquired by ViaWest last year, the $3,589,955 sale highlights a demand among operators to own, versus lease, space. Located at 2020 W. Guadalupe Rd., between Country … [More]

ASU Completes $185M Interdisciplinary Sciences Building in Mesa

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Arizona State University, in partnership with integrated design team SmithGroup and general contractor McCarthy Building Companies, has completed construction of the $185 million Interdisciplinary Science and Technology Building 12 (ISTB 12) at ASU’s Polytechnic campus in Mesa, Ariz. The state-of-the-art facility serves as the cornerstone for the Ira A. Fulton Schools of … [More]

Black Rock Partners with Modular Builder to deliver 20+ New Locations in 2026

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Russo Modular today announced a major partnership with Black Rock Coffee Bar to deliver an estimated 20-30 modular buildings throughout 2026. The collaboration, which began with several successful projects before Black Rock's recent public offering, represents the type of relationship that's transforming how we approach commercial construction. "Black Rock wanted … [More]

Phoenix’s Vacant Office Space Re-Imagined: Co-Living Conversions

by Alex Horowitz and Tushar Kansal

With office vacancy rates and housing costs near all-time highs, cities across the United States have been searching for ways to turn empty office space into housing, and particularly into lower-cost homes. But that seemingly promising idea has been hard to realize, in large part because of logistical challenges—primarily, plumbing that is confined to the building’s central … [More]

$50M Project to Deliver Modern Retail and Entertainment Core in Laveen

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Diversified Partners, one of Arizona’s leading real estate brokerage and development firms, has announced plans for Williams Station, a new entertainment-anchored development coming to the northeast corner of Loop 202 and Dobbins Road in Laveen. The $50 million project will feature a mix of retail, dining and entertainment uses in a walkable, desert-inspired setting that … [More]

Developer Breaks Ground on 80K SF Medical Campus in Peoria

inbusinessPHX.com

Irgens, a national developer specializing in healthcare, commercial, industrial and mixed-use real estate, broke ground on Cielo Vista Medical Commons, a new, two-phased medical office building development located at 26425 North Lake Pleasant Parkway in Peoria, Arizona. The project will deliver up to ±80,000 rentable square feet across two buildings on a 6.6-acre site. Cushman … [More]

Glendale Breaks Ground on $31M Small-Bay Industrial Project Along Loop 303

inbusinessPHX.com

IndiCap, a commercial real estate firm specializing in industrial investment and development throughout the Southwest U.S., and VAC Development, a real estate investment and operating company, have officially announced the groundbreaking of Bethany Bay, a new Class A shallow bay industrial project in Glendale, Arizona. Located at 16830 and 16840 W Bethany Home Road along the … [More]

Valley Architecture Firm Unveils Two Landmark Homes in Paradise Valley

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Ty Harrison Architecture has unveiled two new ultra-luxury contemporary homes set against the backdrop of Camelback Mountain, in Paradise Valley. Using Harrison’s unique designs, the Camelview and Jackrabbit homes create a new vision for modern desert living. Harrison, founder and principal of Ty Harrison Architecture, is an Arizona State alumnus who built his reputation … [More]

Large Retailer Expands in East Valley with Queen Creek Ribbon-Cutting

inbusinessPHX.com

The wait is over for Queen Creek residents and visitors looking to stroll the aisles of Target without straying far, with Vineyard Towne Center’s new 145,000-square-foot retail store now open for business at 37854 N Gantzel Road. Developed by Vestar, one of the largest privately held shopping center owners and managers in the western United States, the new store represents an … [More]

163K-SF Glendale Industrial Development Starts Construction, Majority Preleased

inbusinessPHX.com

Creation, a growth-driven Phoenix real estate developer with a nationwide footprint, in partnership with QuarterMoore, has officially broken ground on Harbor Park, a two-building industrial complex on 9.69 acres in Glendale that is already 67% preleased to PODS Phoenix, a local franchise division of PODS Moving & Storage. Located on Glen Harbor Boulevard in the Glen Harbor … [More]

EPCORE Secures 100-Year Supply, Clearing Path for 60,000 New Arizona Homes

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Governor Katie Hobbs celebrated Arizona’s first Alternative Designation of Assured Water Supply (ADAWS) with EPCOR. ADAWS is a new pathway for communities to receive 100-year Assured Water Supply protections that saves groundwater and helps build more homes. This landmark achievement comes after years of work under Governor Hobbs’ leadership, including a rigorous and public … [More]

West Phoenix Trucking Base Opens After 5 Month Turnaround

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Arizona-based commercial and industrial construction company, Primak Construction Group, has announced the completion of its design-build delivery of a new semi-truck parking and service facility for Maxway Freight, located at 5914 West Monroe Street in Phoenix. Maxway provides specialized freight services in eleven western states. The three-acre facility includes a … [More]

Model Homes Open at Teravalis as Community Readies for Grand Launch

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Teravalis, a Howard Hughes community,  announced the opening of new model homes from Meritage Homes, the fifth largest public homebuilder in the U.S., in Floreo, the community’s inaugural village in the Phoenix West Valley. Ahead of the community’s official Grand Opening celebration scheduled for November 15th, Teravalis welcomes home shoppers to visit the latest models from … [More]

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