The 7 Wonders of Greater Phoenix: Economic Game-Changers for Our Metropolitan Area

by RaeAnne Marsh

Inspired by the Seven Wonders of the Ancient World, In Business Magazine has identified seven game-changing projects and events that add to the dynamic vitality of Greater Phoenix and contribute to the continued growth of this fifth-largest metropolitan area in the nation. Seven Wonders: Mayo’s Discovery Oasis In late 2021, Mayo Clinic announced it would develop a … [More]

Chips, Climate, Culture, College, Construction: The New ‘5 C’s’ of Our Economy

by RaeAnne Marsh

Arizona’s early economy was based on the strength of what it famously called the “5 C’s”: Climate, Cattle, Copper, Cotton and Citrus. Some of those continue to infuse strength to the state’s economy, some have morphed into a broader category, and some have had their elite spot usurped by a newcomer. In Business Magazine offers a 2024 take on the 5 C’s economy for Arizona … [More]

19 Top Leaders of 2023: Our list of Valley leaders who are making a real difference!

by Mike Hunter

Each year, we select top leaders who have had great success over the preceding year. This year, we selected 19 leaders in varied established sectors within our business community. We asked hard-hitting questions of these leaders to get a sense of what they see for 2024. Each of them is truly entrenched in growing their companies and our economy, in developing policy, managing … [More]

Trading Places: How Are We Fostering International Business?

by RaeAnne Marsh

“Arizona and Greater Phoenix’s emergence as a top national market has coincided with the growth of its international trade,” states Chris Camacho, president and CEO of Greater Phoenix Economic Council. He notes that, from 2012–2022, Arizona’s world trade increased by more than 60%, which was well above the national average of about 39% and was part of a surge in recent years, … [More]

The Power of Healthcare: Making the Healthcare Industry Work for Arizonans

by RaeAnne Marsh

Health and well-being has long been a stand-alone category within which organizations have created narrowly defined programs. But there is a growing awareness of the interconnectedness of lifestyle and healthcare choices, and the organizations featured in this article share what they are doing to build on that. In this regard, many discuss their efforts with Blue Zones. The … [More]

2023 Women of Achievement: Celebrating Leadership & Equity

by RaeAnne Marsh

Leadership styles vary with the unique personality of the individual, and each may also have different criteria for gauging what constitutes “success.” However, to co-opt the famous quote from Justice Potter Stewart, we know it when we see it. And we see it abundantly in the stories on the pages that follow. Equity, however, is a more difficult concept. Are we talking about … [More]

Home Economics: Does the Housing Market Impact Our Economic Growth?

by RaeAnne Marsh

“When the housing market is strong, typically economic growth is strong,” observes Randy Bury, who has more than 25 years’ experience in home building, land acquisition and development and is founder and owner of Moderne Communities®, an Arizona-based real estate investment and development company. “I believe approximately 65–70% of GDP is consumer spending, of which … [More]

Is Who We Are Shaping the Tech Industry?

And how are we making it work?

by RaeAnne Marsh

“Arizona’s tech community is a connected community,” says Sandra Watson, president and CEO of the Arizona Commerce Authority. “The camaraderie between entrepreneurs, whether you’ve been here for decades or just arrived this year, is as generous and welcoming as any in the world — a valuable asset for fostering innovation and collaboration.” Such positivity from the state … [More]

Tourism & Taxation: How the Bed Tax and Major Events Benefit Business

Valley of the Sun as a hot destination

by RaeAnne Marsh

“As Greater Phoenix continues to evolve, the visitor industry for our destination continues to grow,” says Eric Kerr, vice president of Insights and Development for the convention and visitor bureau Visit Phoenix. He cites the fact that, since 2020, 46 new hotel properties have opened in the region with more than 7,600 hotel rooms. Additionally, Sky Harbor International Airport … [More]

Beyond Just Talk: How an Emphasis on People and Culture Is Building Business

by RaeAnne Marsh

DEI as a concept is about celebrating and respecting individuals’ differences. Naturally congruent with that effort are differences in the way individual enterprises put that into play with their unique business function and workforce. As the experience of these successful businesses in varied sectors of our community shows, there are many ways to make a difference. From … [More]

Healthcare Collaborations: Building Business and Empowering Healthcare

Building business and empowering healthcare

by RaeAnne Marsh

“Healthcare is better when we work together,” says Brian Elisco, Arizona Group CEO for Abrazo Health.  Abrazo, Elisco notes, collaborates with community physicians, each of whom must also be in the business of running a medical practice; shares medical and technological information through forums open to providers from Abrazo’s as well as other health systems; and has … [More]

All Mixed Up: How Mixed-Use Development Is Transforming Commercial Real Estate 

by RaeAnne Marsh

“The world has changed and so has the world of development,” says Charley Freericks, senior vice president of Catellus Development Corporation. “Three years of living with COVID-19 has created new economic pressures, social inequities and a greater need for connection. People are looking for convenience. They want to work closer to home and live in a place with easy access to … [More]

Retail on Top: Why Brick-and-Mortar Businesses Are Booming

Tapping the power of ‘experiential’

by RaeAnne Marsh

Commerce makes the world go ‘round, and retail is its end play. With all the shifting and challenges of recent years, In Business Magazine decided to take a look at retail’s brick-and-mortar component, where transactions are made with a human connection. Here’s the human voice of retail enterprises that span merchandise and service, from one-shop businesses to those … [More]

Evolution of Retail and Malls in the Phoenix Metro

by Ryan Sarbinoff

Over the past 20 years, retail real estate has continued to adapt and evolve in the face of several headwinds, including the broader adoption of e-commerce and greater focus on social experiences. One of the key avenues by which the retail sector has changed is the embracing of an omnichannel presence. The second key avenue is integrating mixed-use spaces that expand the retail … [More]

Job Creation: Why is Metro Phoenix the Hot Job-Growth Market?

by RaeAnne Marsh

Sendoso is adding nearly 1,000 jobs to its established workforce here as it relocates its corporate headquarters from San Francisco to Phoenix’s historic neighborhood The Grove. Taiwan Semiconductor Manufacturing Company expects to create 10,000 high-paying high-tech jobs at the two fabrication facilities it is building in north Phoenix, including 4,500 direct TSMC jobs. … [More]

19 Top Leaders Who Are Making a Real Difference! 

by Mike Hunter

Each year, we select top leaders who have had great successes in the past year. This year we selected 19 leaders in many established sectors within our business community. We asked some hard-hitting questions of these leaders to get a sense of what they see for 2023. Each of them is truly entrenched in growing their companies and our economy, in developing policy, managing … [More]

Innovating the Restaurant Market: Inside the Industry with Some of Our Leading Restaurateurs

by RaeAnne Marsh

“Greater Phoenix is such an amazing incubator for up-and-coming restaurant concepts and has become a dining destination attracting visitors from across the nation and all parts of the world,” says Joey Maggiore, co-founder of The Maggiore Group. “It has really been growing quickly and it has been astonishing to be a part of our restaurant industry’s massive growth and see it … [More]

Ever-Changing Healthcare and the Impact It’s Having on Our Companies and Their People

by RaeAnne Marsh

Healthcare continues to evolve, and with that evolution are changes not just in employee benefits but in how healthcare issues impact the workplace. In Business Magazine has reached out to leaders with expertise in the healthcare and benefits industries for their insights on trending matters to help employers stay on top of what’s important. Inside View of the Pandemic … [More]

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