Phoenix Commits to 100% Zero-Emission Bus Fleet by 2040

inbusinessPHX.com

Phoenix City Council voted 8-0 to transition 100% of the city’s bus fleet to zero-emission models by 2040. Phase 1 of this transition plan includes a moratorium on purchasing compressed natural gas (CNG) buses after 2024, thereafter purchasing only low- and zero-emission buses, including hybrid-electric, battery-electric, and fuel-cell-electric buses. This comes almost a … [More]

Strategic Alliance to Support Small Business Exporters and Financing Announced

inbusinessPHX.com

The U.S. Small Business Administration (SBA) announced the signing of the Strategic Alliance Memorandum (SAM) with BAFT (Bankers Association for Finance and Trade), the leading global financial services association for international transaction banking, which will formalize the SBA’s existing relationship with the association. BAFT and SBA strive to tackle challenges both … [More]

City Council Approves Proposed $500M General Obligation (GO) Bond Program

inbusinessPHX.com

​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​ On Tuesday, Phoenix City Council voted to approve​ the proposed $500 million 2023 GO Bond Program as presented by the GO Bond Executive Committee. After three months of committee deliberation and extensive p​ublic input, the GO Bond Executive Committee recommended several projects and programs … [More]

Report Demonstrates Progress in Valley Transportation from Proposition 400

inbusinessPHX.com

Valley residents have seen 410 new corridor miles of freeways, 252 miles of street projects, and millions of additional miles of bus service since the implementation of Proposition 400, according to new report by the Maricopa Association of Governments (MAG). The 2022 Annual Report on the Status of the Implementation of Proposition 400 details … [More]

Phoenix Receives $1 Million Grant for South Central Light Rail Development

inbusinessPHX.com

​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​ The City of Phoenix is excited to receive a $1 million grant from the Federal Transit Administration (FTA) to help implement the South-Central / Downtown Hub light rail extension Transit-Oriented Development (TOD) Community plan. The Phoenix project is one of 19 to receive a portion of the $13.1 … [More]

Tempe City Council Unanimously Approves Tempe Entertainment District Agreement with Developer

inbusinessPHX.com

Residents are likely to get the opportunity to vote on the Tempe Entertainment District, now that the Tempe City Council has approved key aspects of the plan. The Arizona Coyotes have pledged to collect the needed petition signatures to refer the project to the ballot as soon as May 16, 2023. If voters approve, the 46-acre project could be built with a planned Coyotes … [More]

Avondale Ranks No. 1 in 2022 Digital Cities Survey

inbusinessPHX.com

The Center for Digital Government announced the winners of the 22nd annual Digital Cities Survey, recognizing cities utilizing technology to strengthen cybersecurity, enhance transparency and digital equity, plan for the future of work and more. Avondale, Arizona took the top ranking in the nation for the population category 75,000 to 124,999. Avondale, Az shares the top … [More]

One-Stop-Shop to Start a Business in Arizona Launches

inbusinessPHX.com

Governor Doug Ducey and the Arizona Department of Administration launched Arizona Business One Stop, an easily accessible online location for small businesses and entrepreneurs to plan, start and grow their business in Arizona. “One of the top priorities of my administration has been making Arizona the best place in the nation to do business.” said Governor Ducey. “We’ve … [More]

Phoenix Awarded Global ‘A’ Rating for Environmental Efforts

City of Phoenix

The City of Phoenix is now one of 122 cities and counties globally to make the 2022 CDP A list for its environmental efforts led by Phoenix Mayor Kate Gallego and the Office of Environmental Programs. “Combatting climate change is a top priority for me, and is essential to the future of Phoenix and those who plan to live here,” said Phoenix Mayor Kate Gallego. “Knowing that … [More]

ASU to Lead Partnership for Actionable Solutions to State Water Needs

inbusinessPHX.com

Arizona State University and Arizona Gov. Doug Ducey announced that the university will lead a multi-year Arizona Water Innovation Initiative to provide immediate, actionable and evidence-based solutions to ensure that Arizona will continue to thrive with a secure future water supply. The Governor has committed resources and has asked ASU to work with industrial, municipal, … [More]

Phoenix Community Development & Investment Corp. Awarded $45M to Promote Economic Development

inbusinessPHX.com

Phoenix Community Development & Investment Corporation (PCDIC) was recently awarded a $45 million New Markets Tax Credit (NMTC) allocation from the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund). This marks the third consecutive year that PCDIC has received NMTC funding following last year’s allocation of $55 million and a … [More]

$100M Committed to Enhance Arizona Semiconductor Ecosystem

inbusinessPHX.com

A historic $100 million investment in Arizona’s fast-growing semiconductor industry was announced to spur greater growth in a critical sector of the state’s economy. “Arizona has earned a place as one of the world’s leading destinations for chip design, manufacturing and innovation,” said Governor Ducey. “With historic opportunities before us, this funding ensures we make … [More]

Video: Super Bowl LVII Small Business Permitting and Licensing Workshop

inbusinessPHX.com

​Learn about the permits and licenses needed by small businesses for food sales, signs, street and sidewalk vending, public assembly and special events during Super Bowl LVII in 2023. City of Phoenix and Maricopa county staff explain how to apply and when to file the required applications. See workshop video here. https://youtu.be/FQxjo4irfoE Workshop was hosted by … [More]

Scottsdale City Council Adopts New Rules for Short-Term Rentals 

inbusinessPHX.com

Scottsdale will require short-term rental property operators to obtain and maintain a local license, conduct sex offender background checks on booking guests, carry liability insurance and provide neighbor notification, thanks to an update to the city’s vacation rental ordinance. The Scottsdale City Council voted unanimously in favor of the revised version of Ordinance No. … [More]

Mixed-Income Housing Development Opens in the Edison-Eastlake Community

inbusinessPHX.com

​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​ The City of Phoenix celebrated the grand opening of Soluna Apartments, the first Choice Neighborhoods mixed-income housing development in the Edison-Eastlake Community. Soluna features 177 modern, energy-efficient units ranging from one to five bedrooms. The community is designed to provide quality … [More]

City of Phoenix Invests $12M in Homeless Solutions in October

inbusinessPHX.com

​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​ In Oct. 2022, the Phoenix City Council approved $12 million in funding dedicated to homelessness solutions. The allocated funds will create new shelter and safe spaces to sleep for hundreds of people experiencing homelessness. It will also contribute to wraparound services and support a workforce program … [More]

August Sports Betting Figures Released; $5.4B Wagered in First Year

inbusinessPHX.com

Bettors in Arizona wagered over $360 million during the month of August, according to a new report by the Arizona Department of Gaming. “I am excited to see such strong wagering figures for August, which is the final monthly report for Arizona’s first year of legal sports betting,” said Ted Vogt, Director, ADG. “Through the first year of legal wagering, Arizona has seen over … [More]

Their Take: Nikola Highlights Benefits to Integrated Truck and Energy Business Model from The Inflation Reduction Act

inbusinessPHX.com

Nikola Corporation, a global leader in zero-emissions transportation and energy supply and infrastructure solutions, highlights key elements of the Inflation Reduction Act (IRA), signed into law by President Biden this past August. The legislation supports every aspect of Nikola's integrated truck and energy business model from the development of zero-emissions vehicle … [More]

In Business Dailies

Sign up for a complimentary year of In Business Dailies with a bonus Digital Subscription of In Business Magazine delivered to your inbox each month!

  • Get the day’s Top Stories
  • Relevant In-depth Articles
  • Daily Offers
  • Coming Events