237-Unit Affordable Community Underway in Downtown

inbusinessPHX.com

The City of Phoenix and its partners celebrated the groundbreaking of The Moreland, a transformative 237-unit housing community that will bring much needed affordable and workforce housing to downtown. This milestone reflects another step in the City's commitment to creating housing that is accessible, dignified, and designed for Phoenix families. "With The Moreland, we are … [More]

Boutique Luxury Home Community Breaks Ground in Scottsdale

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Phoenix-based Curve Development announced the groundbreaking of its newest project, Quarter at Palm Scottsdale, a collection of 25 luxury single-family homes located at the corner of Palm Lane and 74th Street in Scottsdale, Arizona. This new for-sale community marks Curve Development's official entry into the single-family residential market and will bring fresh, modern design … [More]

$7.2M Northwest Phoenix Infill Site Sold for New Industrial Project

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North Mountain Corporate Center, located at 10400 N. 25th Avenue in Phoenix, has been sold for $7,175,000. The property was acquired by The Meritex Company, headquartered in Minneapolis, Minnesota from Macfarlan Capital Partners, headquartered in Dallas, Texas. The buyer plans to redevelop the infill site with a new institutional-quality industrial project, repositioning the … [More]

Award-Winning Mesa Library Emerges as Architectural Landmark

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The wait may have been 30 years, but the end result was well worth it. Willmeng Construction completed work on the new Mesa Gateway Library, the first public library to be built in the city in 30 years. The project, located at 5036 S. Eastmark Parkway in the heart of the Eastmark Great Park, is a stunning, state-of-the-art community centerpiece designed to serve its users for … [More]

566K-SF West Valley Industrial Building Changes Hands following $90M Sale

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IndiCap, a commercial real estate firm specializing in industrial investment and development throughout the U.S. Southwest, in partnership with Invesco Ltd., a publicly traded, global independent investment management firm, announced the completion of the sale of a 566,121-square-foot industrial building located within Virgin Industrial Park in Glendale, Arizona, to an … [More]

JDM Partners Closes $430M Opportunity Fund

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JDM Partners, a leading real estate investment and development firm headquartered in Phoenix, announced the successful close-out of JDM Partners Opportunity Fund III LLC, marking the firm’s first fully realized fund and a significant milestone in its investment platform. The Fund completed its lifecycle in 2025 following an approximately 10-year hold period, delivering strong … [More]

174-Home Community Launches in Goodyear

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Tri Pointe Homes Arizona, a homebuilder serving the Phoenix market for over 30 years under the name Maracay, announced the grand opening and start of sales at Abel Ranch in the West Valley suburb of Goodyear. Located on 78.5 acres within Phase 2 of the existing planned community, Tri Pointe anticipates offering 174 homes on self-developed sites across two distinct … [More]

Arcadia Townhome Community Launches Phase Two Sales Following Sellout

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The Arcadian, a luxury townhome community located at 4220 N. 32nd St. in Phoenix, announced the launch of Phase Two of sales. Following the complete sellout of all 11 residences in Phase One, the 40-unit community will release 14 additional homes in Phase Two, with pricing ranging from $548,000 to the low $900,000s. Sales are being exclusively managed by The Phil Tibi Group … [More]

145K-Square-Foot Industrial Business Center Opens in Tempe

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LGE Design Build announced the completion of construction on Source Business Center, a 144,885-square-foot Class-A industrial facility situated on a 15-acre site at the southeast corner of Warner Road and Hardy Drive in Tempe. Developed by Creation and investor CrossHarbor Capital Partners, the project offers generous 32-foot clear heights, extensive power and an expansive six … [More]

New Gated Luxury Home Development Opens in Scottsdale

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Toll Brothers, Inc., one of the nation's leading builders of luxury homes, announced the grand opening of Toll Brothers at HighPoint, a new community of luxury single-level homes in Scottsdale, Arizona. The Sales Center is now open at 39977 N 115th St. in Scottsdale. Toll Brothers at HighPoint is an exclusive gated community offering two collections of luxurious modern … [More]

Integrated Medical and Rehab Center Debuts in Goodyear

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PMB, a healthcare real estate developer, joined Abrazo Health and local leaders to celebrate the grand opening marking the completion for the Abrazo Health Litchfield Medical Building. The new medical building features Goodyear's first combination of medical offices and inpatient rehabilitation programs housed in a single environment. Situated in a prime location … [More]

Buyer Demand Is Quietly Reshaping Phoenix Industrial

by Jason Moore

Buildout expenses, improved financing and elevated vacancies are creating a prime scenario for those wanting to own their metro Phoenix industrial real estate. Phoenix developers are taking note of this trend as well, and it is quietly (or not so quietly) shaping 2026 strategies. While leasing offers advantages like speed-to-market and flexibility — factors that are critical … [More]

Mixed-Use High-Rise Community Coming to Tempe

by Mike Hunter

Aspirant Development, the luxury urban infill division of Empire Group of Companies, expects to break ground this spring on Revelry, a Class A mixed-use high-rise community on the southeast corner of Rural Road and University Drive in Tempe. The project is designed to rival top urban high-rise communities nationwide and features elevated lifestyle amenities. Designed as a … [More]

Revitalization for Historic Coronado Neighborhood

by Mike Hunter

Heather Lennon, founder and owner of Imagine General Contracting and Development, aims to revitalize Phoenix’ key historic Coronado neighborhood with her new project, Imagine Coronado. The 50,000-square-foot parcel features a complex of 11 buildings, seven of which are historic (each between 99 and 108 years old), that are being transformed into a wellness enclave and community … [More]

Retail Isn’t Back — It’s Evolved: Inside Commercial Development’s Weirdest, Smartest Year Yet

by Kim Ryder

For years, commercial retail development lived under a single, exhausting headline: Is retail dead? In 2026, the answer is finally clear — and it’s neither yes nor no. Retail didn’t “come back.” It evolved. Nowhere is that evolution more visible than in Arizona, where population growth, climate realities and relentless suburban expansion have turned the state into a … [More]

Chandler Defense Manufacturer Expands, Nearly Quadruples Facility

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C.E. Precision Assemblies an Amphenol company, a Chandler-based manufacturer of cable assemblies and wire harnesses for the aerospace and defense industries, is significantly expanding its operations. The company recently signed a 39,757-square-foot lease at 7155 W. Detroit St. in West Chandler, nearly four times the size of its current facility. “We have been in Chandler for … [More]

Phoenix’s Largest Speculative Industrial Development Completed along Loop 202

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CapRock Partners, a privately-owned investor and developer of industrial real estate in the Western and Central U.S., announced the completion of CapRock West 202 Logistics – Phase 2, marking the final phase of Phoenix’s largest speculative industrial development. Phase 2 delivers 825,000 square feet of Class A warehouse space across three buildings on 43 acres in the … [More]

West-Valley Growth Continues with Three-Community Launch

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Richmond American Homes of Arizona, Inc., a subsidiary of Sekisui House U.S., Inc., announced the Grand Opening of three new neighborhoods—Estates, Portfolio, and Retreat—at the popular White Tank Foothills masterplan in Waddell. These highly anticipated communities showcase an inspired array of ranch and two-story floor plans with open layouts and designer details. Estates, … [More]

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