Lucid Reveals New Midsize Platform and Purpose-Built Robotaxi Concept

inbusinessPHX.com

Lucid Group, Inc., maker of software-defined vehicles and technologies, announced a comprehensive financial and product strategy designed to scale its business, accelerate its path to profitability and positive free cash flow, and extend its technology leadership into higher volume premium segments of the global automotive market. At Lucid's investor day in New York, the … [More]

Prop 479 Transportation Plan Kicks Off with Loop 303–I-17 Interchange

inbusinessPHX.com

Proposition 479, the future of transportation in the region, was celebrated by state and local officials, the business community, and transportation infrastructure partners. Prop 479 is the continuation of an existing, dedicated half-cent sales tax in Maricopa County to fund transportation. The half-cent sales tax was first established by voters in 1985, with the approval of … [More]

Valley Data Center to be Acquired with Plans for Major Expansion

inbusinessPHX.com

RadiusDC, a provider of highly connected, innovative and resilient data center solutions, announced that it has entered into a definitive agreement to acquire the Phoenix data center and colocation business of phoenixNAP, located in Phoenix, Arizona. The transaction is expected to close in the second quarter of 2026, subject to customary closing conditions and regulatory … [More]

Hospitality-Focused Design Studio Marks 10 Years with Rebrand

inbusinessPHX.com

After a decade of shaping some of Arizona’s most recognizable restaurants, cafes and social destinations, Phoenix-based hospitality design studio House of Form is celebrating its 10-year anniversary with a strategic rebrand and sharpened focus on luxury hospitality and integrated brand design. Founded in 2016 by Dala Al-Fuwaires, House of Form began as a one-person studio and … [More]

North Phoenix Townhome Community Reopens after Major Remodel

inbusinessPHX.com

At the northern edge of Phoenix, where desert trails give way to city access, Views at The Peak has quietly entered a new chapter. Kinella Capital, LLC has completed a comprehensive remodel of the North Phoenix townhome community, repositioning the property through intentional design, operational control, and a long-term vision for the surrounding neighborhood. Led by … [More]

Phoenix Housing Affordability Rises as Inventory Expands

inbusinessPHX.com

More families are finding homes in their price range, as the Greater Phoenix housing affordability index increased from 71 to 77 in February, and the number of homes in inventory rose 8.3%. This means that 77% of households with an income equal to the region’s median can afford the median-priced home, according to home sales data from Phoenix REALTORS. “March until May are … [More]

North Scottsdale Luxury Condos Near Sellout as New Phase Launches

inbusinessPHX.com

Atavia, the 88-unit luxury condominium community by Chicago-based Belgravia Group, has reached a major milestone with phase one officially under roof and nearing sellout. With this milestone, phase two is now fully released, offering a new opportunity for buyers to secure a residence. Construction remains on schedule, with initial move-ins expected by winter 2026. Upon … [More]

Phoenix Aero Firm Debuts Engine for Autonomous Combat Drones

inbusinessPHX.com

A new breed of engines will power next-generation Collaborative Combat Aircraft that will fly high-risk missions in contested environments. CCA engines will need to be efficient, reliable and affordable to meet the specific needs of these highly autonomous aircraft meant to fly as “loyal wingmen” alongside conventional crewed military fighters. Honeywell Aerospace, the … [More]

What SMBs Tell Us About the Economy That Wall Street Can’t

inbusinessPHX.com

New research from GoDaddy and UCLA Anderson Forecast finds that small business data offers earlier and stronger indication of upcoming U.S. economic performance than traditional measures such as the stock market. Last quarter's data captures digital business activity rising year-over-year. By bringing digital small businesses into the picture for the first time, the research … [More]

Formula 1 Returns to the Valley: What to Know

inbusinessPHX.com

The City of Phoenix is preparing to host the high‑energy Red Bull Showrun, a free, family‑friendly Formula 1 demonstration on March 14. The event will temporarily impact traffic in the downtown area, and residents and visitors should be aware of several important street closures and transit adjustments. Jefferson Street from 3rd Street to 5th Street, along with surrounding … [More]

Organic Grocer Backs Major Solar and Battery Project in Maricopa County

inbusinessPHX.com

Schneider Electric, a global energy technology leader, and Sprouts Farmers Market, Inc., announced a landmark Tax Credit Transfer in collaboration with U.S. Bank, and Longroad Energy. This agreement advances the Sun Pond Solar + Battery Energy Storage System project in Maricopa County, Ariz. – home to Sprouts’ headquarters – and represents a significant step toward driving … [More]

New Restaurants, Retail Join Walkable Downtown Queen Creek Development

inbusinessPHX.com

Creation, in partnership with Horizon Real Estate Ltd., today announced a new wave of tenants coming to The Switchyard, Queen Creek’s first walkable downtown district, as construction continues to gain momentum across the 10-acre mixed-use development at Ellsworth and Ocotillo roads. Newly signed tenants Bamboo Sushi, ROOM and PORCH, Zara Nail Bar and Edward Jones will … [More]

Aerospace Firm Triples US Repair Capacity with New Mesa Engine Overhaul Facility

inbusinessPHX.com

Essential Turbines, a Rolls-Royce Authorized Maintenance Repair & Overhaul Center, announced the opening of its new Mesa, Arizona facility—a purpose-built MRO location that triples the company's U.S. capacity for M250 and RR300 turboshaft engines. The modern facility replaces ETI's temporary Phoenix-area location and provides dedicated infrastructure for engine overhaul, … [More]

Cybersecurity Firm Names President of Global Field Operations

inbusinessPHX.com

Sectigo, a global leader in automated Certificate Lifecycle Management  and digital certificates, announced the appointment of Clint Maddox as President, Global Field Operations. In this role, Maddox will lead Sectigo’s global revenue and go-to-market organization—spanning sales, marketing, and channel operations—further accelerating the company’s growth and expanding its … [More]

Eco-Conscious Apartment Community Breaks Ground in West-Valley

inbusinessPHX.com

Sunbelt Investment Holdings, Inc. announced the development of Sanctuair Deer Valley, an 18-acre, Class A multifamily community located at the northwest corner of 19th Avenue and West Grandview, across from Turf Paradise. Strategically situated just east of the Deer Valley I-17 employment corridor, Sanctuair Deer Valley represents the first development under SIHI’s new … [More]

Southwest PGA Teams with Phoenix Brewery on New Beer

inbusinessPHX.com

The Southwest PGA and PHX Beer Co. introduced Long Drive Lager, a clean, balanced, and highly drinkable beer crafted to celebrate Arizona’s year-round golf culture. Designed for sunny rounds, smooth swings, and post-tee storytelling, Long Drive Lager features light malt notes paired with a smooth hop finish. The result is an easygoing, refreshing lager that feels right at home … [More]

Amazon-Backed Robotaxi Co. to Debut in Phoenix, Plans for Operations Hub

inbusinessPHX.com

Zoox, Amazon's autonomous taxi spin-off, announced that they are launching operations in Arizona, beginning with Phoenix, and expanding testing in Texas to Dallas. To support its growing operations, the company will also be opening new depots in Phoenix and Dallas, as well as a new Fusion Center facility in Scottsdale, creating hundreds of jobs in these communities. With the … [More]

Phoenix Children’s Expands Leadership Team with Senior Operations Promotion

inbusinessPHX.com

Phoenix Children’s announced the promotion of Mike Meekins, PharmD, FACHE, to Senior Vice President of Operations, recognizing his exceptional leadership, operational expertise and commitment to advancing safe, high-quality care. In his new role, Meekins will direct and coordinate systemwide, non-nursing operations; provide strategic leadership for key clinical and support … [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