In 2026, as Federal subsidies and grant funding continue to decline for state and local governments, many are turning to sales taxes on business services as a key method for raising revenue. At one time, sales taxes were derived only from sales of physical products bought and sold within a state. However, since the Supreme Court’s Wayfair decision of 2018, definitions of … [More]
Upscale 353-Unit Multifamily Project Breaks Ground in Southeast Valley
The NRP Group, a vertically integrated developer, builder and manager of multifamily housing, announced the financial closing and groundbreaking of an upscale, 353-unit multifamily development within Medina Station, a 60‑acre master planned community in Mesa, Arizona. The four‑story, elevator‑served community will be built on a 10‑acre parcel in the northeast quadrant of the … [More]
Taiwanese Restaurant Concept Debuts 340-Seat Flagship at Fashion Square
Din Tai Fung, the family-owned, globally beloved restaurant brand from Taiwan known for its iconic 'Golden Ratio' Xiao Long Bao (soup dumplings // pronounced "sheau long bao") and hospitality excellence, is expanding to Arizona for the first time. The brand's highly anticipated Scottsdale location, opening at 7014 E Camelback Rd in Scottsdale Fashion Square, will begin … [More]
Utility-Scale Solar Developer Names Interim Chief Executive
Arevon Energy, Inc., an American energy developer, owner, and operator, announced the appointment of Justin Johnson, the company's Chief Operating Officer, as Interim Chief Executive Officer, effective February 20, 2026. Johnson brings more than two decades of experience across renewable energy development, construction, asset management, and operations. Since the company's … [More]
European-Inspired Hotel Brings Rooftop Dining and Desert Views to Old Town
Old Town Scottsdale is now home to a modern, European-inspired hotel, AC Hotel Scottsdale Old Town, located at 7117 E. 3rd Ave. Designed for travelers who value intentional design and elevated simplicity, the six-story hotel brings AC Hotels by Marriott’s signature European-inspired aesthetic and “Perfectly Precise” guest experience to one of the city’s most dynamic … [More]
Multifamily Developer Unveils 31,000-SF Headquarters in Scottsdale
Mark-Taylor Residential, a leading investment manager, developer and owner of Class-A multifamily real estate, and trusted consulting partner, announced the opening of its new 31, 291 sq. ft. corporate headquarters in Scottsdale, Ariz. While Scottsdale remains the company’s long-standing home base, the newly completed workspace, positioned within The Galleria, represents a … [More]
Valley Venture Firm Sheds Regional Name to Attract National Founders
AZ-VC, a venture capital firm fueling innovation in underserved markets, has announced its rebrand as Copper Sky Capital, reflecting the firm's evolution into a broader platform backing early-stage technology companies across North America. The firm is sector agnostic with a focus on AI software products. Founded in 2021, the firm is led by Managing Partners Jason Pressman, … [More]
New Retail Center Anchored by Fry’s Rises in Avondale
Evergreen Development celebrated the construction progress of Marketplace at Tres Rios, its latest Fry’s Marketplace shopping center, located at the southwest corner of Avondale Boulevard and Lower Buckeye Road in Avondale, Arizona. Designed to serve the rapid growth in southern Avondale, including the Alamar master-planned community, Marketplace at Tres Rios will provide a … [More]
24.5-Acre Retail Development Targets Rapidly Growing West Valley Corridor
Diversified Partners, one of Arizona’s leading real estate brokerage and development firms, has announced plans for a new ±24.5-acre commercial retail development at the southeast corner of 99th Avenue and Indian School Road, just west of Loop 101 in Phoenix. The project will be anchored by EOS Fitness and feature a lineup of nationally recognized brands including Dutch … [More]
GCU Unveils Renamed Honors College, Plans for 51,000SF Expansion
Grand Canyon University has big aspirations for its burgeoning Honors College. It now has some big names – and a big building on campus – to go along with its intention to become the largest and most impactful Honors College in the nation. GCU's best and brightest scholars will now be part of the Sheila and Mike Ingram Honors College, named in honor of the University's major … [More]
Arizona Ranks No. 1 in International Investment Nationwide
Arizona’s strong international ties fueled record-breaking trade and investment in 2025, creating thousands of new jobs and driving more than $1 billion in foreign direct investment. Exports by Arizona companies surged from $32.4 to $44.4 billion – a 37% increase and the second fastest growth in the nation. By comparison, U.S. exports grew by 5.7%. Key Trade Highlights: … [More]
Retail Display Decisions Drive both Profit and Sustainability
Grocery retailers may not need new technology—or behavior change from shoppers—to meaningfully reduce food waste. New research in the INFORMS journal Management Science finds that small operational decisions already under a retailer’s control, including how perishable items are displayed and when (and how much) they’re discounted, can increase profits while reducing … [More]
Phoenix Data Offers Window into National H-1B Workforce Patterns
As global talent mobility, technological innovation, and workforce development continue to shape the U.S. economy, the H-1B visa program plays an increasingly important role at their intersection. The visa program allows American companies to temporarily employ foreign workers in specialty occupations to meet demand for high-skilled talent. Most commonly in technology, … [More]
New Two-Story Home Collection Debuts in East Valley
Richmond American Homes of Arizona, Inc., a subsidiary of Sekisui House U.S., Inc., announced the Grand Opening of Fusion at Blossom Rock in Apache Junction. This highly anticipated addition to the sought-after Blossom Rock masterplan offers an inspired array of two-story floor plans with open layouts and designer details. In addition to a selection of quick move-in homes, … [More]
Southwest Gas Names Successor as CEO Announces Retirement
Southwest Gas Holdings, Inc. and its primary operating subsidiary, Southwest Gas Corporation, announced that its Board of Directors appointed Justin Brown to succeed Karen Haller as Chief Executive Officer, effective May 8, 2026. Mr. Brown has been nominated to join the Board of Directors following the 2026 Annual Meeting of Stockholders. Having led the Company through its … [More]
Growing Mortgage Lender Doubles Chandler Headquarters Footprint
Oaktree Funding Corp, located in Chandler for the past 15 years, has doubled its footprint at its headquarters located at 3133 W. Frye Road, reflecting continued company growth and a long-term investment in the city it has called home for over a decade. The expansion supports Oaktree Funding Corp’s growing operations and workforce as the company continues to scale its mortgage … [More]
Scottsdale’s Newest Sushi and Steak Concept Completes $11M Buildout
JING has officially arrived in Scottsdale, bringing its signature blend of globally inspired cuisine, subtle Asian influence and high-energy dining to the Valley. Marking the brand’s first Arizona location and fourth nationwide, JING Scottsdale opened at the corner of Scottsdale Road and Shea Boulevard following a dramatic $11 million transformation, joining established … [More]
Arizona Builders Alliance Names Industry Veteran 2026 Board Chairman
The Arizona Builders Alliance, a leading trade association for contractors in Arizona, announced Rudy Garcia Jr. as its new Board Chairman for 2026. Garcia, currently Vice President of RG & Sons Plumbing, brings over two decades of construction industry experience and deep community roots to this leadership position. Garcia's appointment represents a significant … [More]
