Hosted by Downtown Phoenix Inc., the 14th Annual Urban Wine Walk returns on Saturday, April 27, from 1-5 p.m. This year, DTPHX will be “in bloom” with floral-themed giveaways, live music, and floral photo ops throughout Downtown. Urban Wine Walk is self-guided, so feel free to begin wherever you’d like at one of the many participating bars and restaurants. Maps will be … [More]
Opens Next Week! Mad Hatter the Musical
Long before Alice, there was the notorious Mad Hatter. Discover the tumultuous tale of his haunting backstory and follow his path to Wonderland, where the secrets of his transformation await in this spellbinding new musical. Audiences at the Herberger Theater Center will be the first to experience this vivid new musical production of Mad Hatter the Musical, which is on … [More]
Phoenix Airport System’s Economic Impact Is $44.3 Billion, Says New ASU Study
According to a new Arizona State University W.P. Carey School of Business study, the economic impact of the Phoenix Airport system has increased nearly 15% since 2016. The study, which is based on calendar year 2022 figures, shows that Phoenix Sky Harbor, Phoenix Deer Valley, and Phoenix … [More]
Employers Play Critical Role in Curbing Today’s Youth Mental Health Crisis, Says Report
Many American children struggling with mental health challenges do not receive optimal care, and it's exacerbating the damaging ripple effect on working parents and their employers, according to global health company The Cigna Group. A new report by the Evernorth Research Institute details the increasing significance of the youth mental health crisis, the challenges parents … [More]
ASU Economists Share What’s in Store for Next Year at Annual Economic Outlook
Learn answers to your questions about the state and national economy live on Zoom
Although unemployment rates remain near record lows, U.S. and Arizona job growth has recently slowed as the Federal Reserve continues with higher interest rates to combat inflationary pressures. According to Arizona State University economists, a recession seems less likely than one year ago but remains a possibility. What industries are driving growth in today's Arizona … [More]
Affordable Housing Developer Breaks Ground on Development in Casa Grande
Lincoln Avenue Communities, a mission-driven acquirer and developer of affordable housing, broke ground yesterday on the future site of Cottonwood Ranch during a ceremony with LAC leaders, local policymakers and partners. Cottonwood Ranch will provide 300 affordable housing units to individuals and families in Pinal County earning less than 50% and 60% of the Area Median … [More]
Discount Tire and Major League Soccer Announce Multiyear Partnership in the U.S.
Discount Tire, a leading retailer of tires and wheels, and Major League Soccer (MLS) today announced a new multiyear partnership in the U.S. Through this agreement, Discount Tire will be named the official tire retailer of MLS, the MLS All-Star Game presented by Target, and MLS Cup presented by Audi. As part of this multiyear partnership, Discount Tire will integrate … [More]
Fifth Homebuilder Announced for the First Village to be Built at Teravalis
Following the recent announcement by Howard Hughes Holdings Inc. (NYSE: HHH) of the first four homebuilders to join TeravalisTM, the company announced today the addition of Century Communities to its growing roster. Century Communities will join Lennar, Brightland Homes, KB Home, and Courtland Communities as the first to build in Floreo, the first village being developed in … [More]
SBA Arizona Honors National Small Business Week Award Winners
Thirteen Arizona Small Businesses and Champions to be Recognized at Local and National Ceremonies
In celebration of National Small Business Week (NSBW), April 28 – May 4, the U.S. Small Business Administration (SBA) is honoring Arizona entrepreneurs, small business champions and lending partners for their contributions to the economy. Over 99 percent of the businesses in the state are small businesses. Small businesses drive innovation and job growth, vital to Arizona’s … [More]
Multi-Tenant Industrial Building in Phoenix’s Deer Valley Sells for $21.85M
Cushman & Wakefield announced the firm has arranged the sale of Pinnacle Peak Commerce Center, a freestanding 93,725-square-foot (SF) Class A light industrial building in the Deer Valley submarket of Phoenix, Arizona. The property was 100% leased to three tenants at closing. The asset was acquired by Top 10 Properties, a Southwest U.S. based real estate investment firm, … [More]
Effort to Expand Broadband in Rural Areas Takes Big Step Forward
Public-private partnership to manage, maintain and lease fiber-optic conduit along highways
The state’s goal of expanding broadband internet access in rural areas is taking a big step forward with a public-private partnership. The agreement with eX² Technology is to operate, maintain and lease space in fiber-optic conduit installed along Interstate 17 and Interstate 19, and being installed later this year along much of Interstate 40. The Arizona Department of … [More]
Buying a Home Costs More Than Ever, With Prices Hitting All-Time High and Mortgage Rates Rising, Despite Metro Phoenix Increase in New Listings
The median U.S. home-sale price hit a record $383,725 during the four weeks ending April 21, up 5.2% from a year earlier—one of the biggest jumps since October 2022. That’s according to a new report from Redfin, the technology-powered real estate brokerage. The Phoenix Metro area saw a 25.8% year-over-year increase in new listings in this period. The average weekly … [More]
Build-to-Rent Investor Purchases Avondale BTR Community for $57M, First Acquisition in Arizona Market
Christopher Todd Capital has completed its first purchase of a newly-completed Build-to-Rent (BTR) community in Avondale, Arizona, part of Phoenix metro. The company, with offices in Arizona and Florida, purchased the community for approximately $57 million, which is well below what it would cost to build from the ground up today. The Class A fully amenitized community includes … [More]
Nonprofit Opens Fifth Location in Southwest Phoenix
One Step Beyond, Inc., a Phoenix-based non-profit organization that provides comprehensive programming and services for adults who have intellectual disabilities, officially opened its fifth Phoenix location on Wednesday, April 17. The new 13,601 square foot Southwest Phoenix location will serve 200 individuals who live in Phoenix, Avondale, Goodyear, Buckeye, Tolleson, … [More]
Arizona Workers Give Office Return a 8/10 Happiness Score, Says Survey
As has been widely reported, a significant shift is taking place in the workforce. Many employees who had grown accustomed to the flexibility and comfort of working from home are now being encouraged to return to the office full-time. While this transition initially faced resistance, a recent survey commissioned by Wealth of Geeks reveals that once employees settle back into … [More]
Local Healthcare Startup Reaches Staffing Milestone, Successful Growth Impacts Patients
HealthyU Clinics, a provider of integrated primary and specialty care services has announced it has reached 100+ employees across its clinics in Metro Phoenix, a milestone marking the company’s consistent growth since its inception in 2021. HealthyU Clinics is focused on elevating the standard of care for diverse communities through personalized healthcare solutions for Arizona … [More]
Academy for Construction Excellence Launches to Help Construction Professionals Reach Full Potential
Created to serve the growing need for training in the construction industry, Small Giants has announced the launching of an ambitious educational program, called the Academy for Construction Excellence. Developed with the guidance of an advisory council that has more than 200 years of combined construction education experience in all facets of the construction industry, this is … [More]
Revered Tempe Pub Partners and Changes Name
Boulders on Broadway helped herald in Arizona’s craft beer scene when it opened its doors in Tempe 17 years ago. Now the established Arizona craft beer bar and restaurant is turning a new page as it partners with Utah-based SaltFire Brewing Co. to become the SaltFire Brewing Tap House. The transition brings the brewery’s beers to the Arizona market, a menu refresh, and … [More]
