West Valley Mega Resort Will Be Home to Acclaimed Hospitality Group’s First Restaurant in Arizona

inbusinessPHX.com

VAI Resort, Arizona's largest hotel premier entertainment destination set to phase open, proudly announces its partnership with the renowned José Andrés Group. This partnership will introduce Bar Mar, the first José Andrés Group restaurant in Arizona, marking a significant milestone for both VAI Resort and the culinary scene in Glendale. At Bar Mar, JAG's … [More]

Carvana Report Highlights How Customers Search for EVs

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Carvana, an industry pioneer for buying and selling used cars online, today released its EV Trends Report for Q3 2024. The report focuses on consumer search behavior, showcasing the increasing interest in electric vehicles (EVs) and evolving preferences among shoppers. Key findings from the report include: The EV share of make-model searches on Carvana.com has … [More]

Zero-Emissions Transportation Co. Releases Inaugural Sustainability Impact Report

inbusinessPHX.com

Nikola Corporation, a global leader in zero-emissions transportation and energy supply and infrastructure solutions, via the HYLA brand, released their first-ever sustainability impact report today. Nikola's 2023 Sustainability Impact Report covers environmental and social impacts, reporting, and progress towards Nikola's sustainability priorities. According to … [More]

Developer Announces New Elevated Build-to-Rent Community in Buckeye

inbusinessPHX.com

P.B. Bell and Everest Holdings are nearing completion of a new single-family build-to-rent community, Marketside Villas at Verrado, located in Buckeye at 21045 W. McDowell Road. Marketside Villas at Verrado features thoughtfully laid-out standalone and duplex style one, two, and three-bedroom floor plans that feature all the high-end luxuries of modern living, including … [More]

2025 WM Phoenix Open Looks to Get Better, Not Bigger

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Construction for “The People’s Open” is now underway, and The Thunderbirds, hosts of the WM Phoenix Open, have announced several changes and improvements for the upcoming event designed to elevate the overall fan experience. Changes this year include adding another tournament entrance, an all-digital general admission ticketing platform, improved spectator walking areas, and … [More]

New Housing and Community Hub Planned for North Tempe

Investment aims to expand affordable housing to meet community needs

inbusinessPHX.com

Tempe plans to transform the newly-purchased Food City Plaza in north Tempe into a dynamic housing and shopping hub that brings together mixed-income housing, a grocery store and a police station to meet wide-ranging community needs. Tempe bought the center as part of its broad Affordable Housing Strategy and Hometown for All initiative, designed to accelerate the growth of … [More]

Builders Continue Shift to Condos and Townhomes amidst Affordability Crisis

inbusinessPHX.com

America's housing stock continues to grow faster than it did before the pandemic-induced housing frenzy, as builders race to fill a shortage of 4.5 million homes. The latest analysis from Zillow® shows roughly 1 million single-family homes were completed in 2023, the second-highest annual total since before the global financial crisis. That's about 11% more homes than were … [More]

Pending Home Sales Jumped 2.5% in September, the Biggest Monthly Increase in over 18 Months

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Pending home sales jumped 2.5% month over month in September on a seasonally adjusted basis, the largest increase since January 2023, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. They rose 3.1% year over year, the biggest annual increase since May 2021. Pending sales climbed last month for two reasons: Mortgage rates fell … [More]

DOE Grants $70M to Help Strengthen APS Smart Grid with New Technology

Rick McCartney

The U.S. Department of Energy (DOE) Grid Deployment Office announced it has awarded Arizona Public Service Company (APS) two grants, totaling $70 million, for projects to strengthen smart grid resilience, expand wildfire prevention and mitigation measures and help meet customers’ growing energy needs. The funds are part of the DOE’s Grid Resilience and Innovation Partnerships … [More]

New Poll Shows Arizonans Demand Action on Increasing Access, Affordability to Education and Training After High School

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Education Forward Arizona, as part of its Everything to Gain campaign, unveiled a new poll in an ongoing study regarding the state of attainment of education and training after high school. The results show that Arizonans overwhelmingly support specific policy actions from leaders and lawmakers to increase support and resources to help Arizonans attain a degree or certificate. … [More]

Sprouts Farmers Market to Open 49th Arizona Location

Rick McCartney

Sprouts Farmers Market, one of the fastest-growing retailers in the country, has announced it will open a new store in Phoenix, Arizona on Friday, October 25, located at 9824 W. McDowell Rd. A ribbon cutting will take place Friday morning at 6:45 a.m. The doors to the store will open at 7 a.m. “We are excited to welcome another Sprouts Farmers Market to the Phoenix community! … [More]

New Retailers, Renovations, and Culinary Experiences Elevate Scottsdale Quarter

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Following the announcement of its redevelopment plans, Scottsdale Quarter is excited to share the latest updates on the transformation of this premier shopping and dining destination. With recent reopenings, including the much-anticipated return of Etta, as well as the announcement of several new retailers, Scottsdale Quarter continues to set the stage for elevated retail and … [More]

National Commercial Real Estate Sentiment Rebounds, Says Survey

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The NAIOP CRE Sentiment Index, which measures industry expectations for commercial real estate market conditions over the next 12 months, has increased significantly from the last survey conducted in the Spring. The Index climbed to 56, indicating that respondents expect conditions for commercial real estate development to improve over the next year. The NAIOP CRE Sentiment … [More]

Scottsdale-Based Compliance and Audit Management Platform Acquired by Pharmacy Tech Co.

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Bluesight, the leading provider of Medication Intelligence™ solutions for health systems and hospital pharmacies, announced the acquisition of Sectyr, a top-tier compliance and audit management platform. This acquisition expands Bluesight's portfolio to include robust 340B audit and compliance tools in response to growing demand from its customers. Sectyr is recognized for its … [More]

Phoenix-Based Franchise Expands Out of State with First Donut Shop in Colorado

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Desert Donuts, the Arizona-based dessert shop specializing in cooked-to-order cake donuts, proudly announces the grand opening of its first franchise location in Greenwood Village, Colorado, on October 5, 2024. This milestone follows the company's decision to offer franchise opportunities in February 2024. The Colorado franchisee team, led by Justin Daigle, Vanessa Daigle, and … [More]

Avnet Names New Chief Digital Officer to Drive Distributor’s Digital Strategy

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Avnet has hired Dave Youngblood as Chief Digital Officer, effective October 21, 2024. In this newly created role, Mr. Youngblood will lead and further enable Avnet’s enterprise-wide digital platform and eCommerce approach. Reporting to Chief Executive Officer, Phil Gallagher, he will also be joining Avnet’s executive leadership team. Avnet’s digital strategy focuses on … [More]

WEBINAR – Nov. 5: Holiday Marketing Countdown: Tips to Optimize Black Friday Weekend Sales

Arizona Commerce Authority

UPCOMING SESSIONS Join us for an Arizona Small Business Boot Camp! Holiday Marketing Countdown: Tips to Optimize Black Friday Weekend Sales 11/5/2024 | 9:00 AM The holidays are right around the corner. While many consumers have been shopping all year long, the Black Friday weekend is still projected to be the biggest shopping period of the year. In this … [More]

WEBINAR – Oct. 29: Retirement Plans for Small Business: Which Plan is Right for You?

Arizona Commerce Authority

UPCOMING SESSIONS Join us for an Arizona Small Business Boot Camp! Retirement Plans for Small Business: Which Plan is Right for You? 10/29/2024 | 9:00 AM Join us for an insightful workshop designed for small business owners and entrepreneurs looking to secure their financial future and that of their employees. REGISTER NOW … [More]

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