Arizona Defense Manufacturer Secures $20.7B Missile Production Contract

inbusinessPHX.com

Raytheon, an RTX business, will accelerate production of AMRAAM missiles to record-setting levels under the terms of a five-year multi-year contract with two option years valued up to $20.7 billion awarded as part of the Department of War's Arsenal of Freedom. This contract follows the landmark agreement between Raytheon and the Department of War announced earlier this year, … [More]

California Infrastructure Firm Expands into Phoenix with First Arizona Office

inbusinessPHX.com

Latitude 33 Planning, Engineering & Surveying is expanding its footprint in the Southwest with the opening of a new Phoenix, AZ office, positioning the firm to better serve one of the nation’s largest and fastest-growing metropolitan areas. Located at 200 East Van Buren, Ste. 401 in downtown Phoenix, the firm’s new office is strategically situated in the heart of the city’s … [More]

St. Elmo’s 1933 Lounge Selects Gilbert for First Expansion Beyond Indiana

inbusinessPHX.com

Thompson Thrift, a full-service, nationally recognized real estate company and one of the nation’s leading multifamily developers, announced today that 1933 Lounge by St. Elmo has signed a lease for an approximately 8,000-square-foot restaurant at The Gilmore, the company’s 35-acre mixed-use development in Gilbert. The new location will mark the first 1933 Lounge outside … [More]

Massive Industrial Proposal Could Reshape More Than 5,000 Acres West of Phoenix

inbusinessPHX.com

Scottsdale-based LKY Development is pursuing industrial zoning for approximately 5,157 acres near Tonopah, positioning a large portion of the Belmont master-plan area for employment uses west of Phoenix. The vacant site lies generally between 347th and 371st avenues, north of Indian School Road. Maricopa County supervisors approved a comprehensive-plan amendment for the … [More]

As AI Gains Authority, Businesses Face a Management Test

inbusinessPHX.com

Most businesses still treat AI governance as an afterthought. The technology gets built or bought, tested, rolled out - and only once something goes wrong, or a regulator comes asking, do questions about oversight and accountability get any real attention. That's starting to change, out of necessity more than choice. ResearchCollab Technologies, an AI consultancy that helps … [More]

ASU’s London Expansion Builds a New Talent Bridge to Arizona

inbusinessPHX.com

Michael Goodwin was less than a minute into his remarks when he made clear to the audience of 300 or so gathered for the opening of ASU London, a new independent, U.K.-degree-awarding higher education provider founded by ASU, exactly why they were there. “We’re here to celebrate the opening of what we believe will become one of the pioneering new providers of higher … [More]

Sky Harbor Names Major Airline Anchor for New West Terminal

inbusinessPHX.com

Phoenix Sky Harbor International Airport announced that American Airlines will be the primary carrier operating from the airport’s future West Terminal, marking a significant milestone in the development of the new facility and the future of air travel in Phoenix. The announcement comes as Phoenix Sky Harbor unveils Destination PHX 2050, a comprehensive development program that … [More]

Scottsdale-Based Coffee Chain Continues Rapid Expansion

inbusinessPHX.com

Black Rock Coffee Bar, the Oregon-born boutique coffee company known for its specialty coffees, teas, smoothies, and popular Fuel® energy drinks, is expanding its footprint in the Valley with a new location opening. The store, located at 14880 W McDowell Rd officially celebrated its grand opening in Goodyear on Sunday, September 27th. With this opening, Black Rock’s Arizona … [More]

260-Unit Deer Valley Apartment Community Changes Hands for $58.7M

inbusinessPHX.com

Institutional Property Advisors, a division of Marcus & Millichap dedicated to serving the company’s institutional clients, announced the sale of Ascend at Black Canyon, a 260-unit multifamily property in Phoenix, Arizona. The asset traded for $58.7 million, or $225,769 per unit. “North Phoenix is positioned to generate tens of thousands of high-earning jobs supporting … [More]

Free Ballet Series Drawing 9,000 Annually Returns to Valley Parks

inbusinessPHX.com

Ballet Arizona annual “Ballet Under the Stars,” presented by the Diane and Bruce Halle Foundation, returns Sept. 24 through Oct. 3 with performances at six locations across the Valley. This free, family-friendly series brings ballet into outdoor community spaces, offering a welcoming way for new audiences to experience the art form. This year’s “Ballet Under the Stars” will … [More]

13-Acre Festival Returns to the West Valley with Expanded Fall Lineup

inbusinessPHX.com

Desert Fall Festival is returning to Surprise Sept. 25-Nov. 1, bringing a festive fall experience to the valley with interactive attractions, seasonal entertainment, food and beverages, and more. Created by Shanelle and Jordan Kunz, co-founders of popular holiday installation Desert Farm Lights, now known as Desert Lights Festival, the festival brings their expertise in … [More]

Tony-Winning Musical Brings the Fight for Women’s Voting Rights to Phoenix

inbusinessPHX.com

The Phoenix Theatre Company presents Suffs, the acclaimed musical by Shaina Taub, with performances running October 14 – November 29, 2026, in the Hormel Theatre. This Tony Award-winning musical tells the electrifying true story of the women who fought for their right to vote. From suffragist icons like Alice Paul, Carrie Chapman Catt and Inez Milholland to the young … [More]

Los Angeles Furniture Brand Expands into Arizona with Kierland Commons Debut

inbusinessPHX.com

7th Avenue, the Los Angeles-based furniture brand known for its functionally designed modular sofas and contemporary aesthetics, announced the opening of a new 1,357-square-foot showroom at Kierland Commons in Scottsdale, Arizona, at 7030 E Greenway Pkwy, Unit 170. The appointment-first showroom welcomes customers starting Friday, September 25, with walk-ins also welcome during … [More]

Credit Union Awards $260K to Expand Education and Workforce Opportunities

inbusinessPHX.com

Desert Financial Credit Union has awarded $260,000 in grants to 21 Arizona nonprofits this year as part of its 2026 grant program. The funding marks the first year of a two-year grant cycle totaling $520,000 in support of organizations making an impact in communities across Arizona. Since 2013, Desert Financial has provided nearly $2.6 million in grant support to Arizona … [More]

National Pizzeria Brand Adds Tempe to Growing Arizona Presence

inbusinessPHX.com

Russo's New York Pizzeria & Italian Kitchen, the award-winning Italian restaurant and pizza franchise founded by Chef Anthony Russo, has officially opened its newest Arizona location at 521 S. College Avenue in Tempe, near the Arizona State University campus. The new Tempe restaurant is locally owned and operated by franchisees Kristina & Christian Alvarez, who are … [More]

Valley Partnership Targets Skilled Trades Shortage with High School-to-Career Pipeline

inbusinessPHX.com

As the nation recognized National Tradesmen Day on September 18, attention turned to the urgent need to prepare the next generation of skilled trades professionals. An estimated 2.1 million skilled trades positions nationwide could go unfilled by 2030, according to the U.S. Department of Education, a workforce challenge that cannot be solved through recruitment alone. It … [More]

New Workforce Center in Phoenix to Anchor Statewide Push for 100,000 Jobs

inbusinessPHX.com

The Black Chamber of Arizona and HeroZona Foundation will anchor the new Arizona Legacy Center, a workforce and economic-opportunity hub opening at 1 S. 24th St. in Phoenix. The organizations will work with Phoenix Sky Harbor International Airport's community outreach initiatives and other public- and private-sector partners to expand business growth, workforce opportunity, … [More]

Banner Extends Healthcare Access Along Growing I-17 Corridor

inbusinessPHX.com

Banner Health opened a new Banner Urgent Care clinic in north Phoenix, adding essential, accessible health care services for the community. The new clinic, located just east of Interstate 17 at 2525 West Carefree Highway, offers convenient care for non-emergencies like common illnesses, minor injuries, and other health issues that call for fast attention. Medical staff at … [More]