The Arizona Department of Transportation has announced the first set of awards to design, build, operate and maintain a network of privately owned electric vehicle charging stations along interstate highways. ADOT has selected firms to design, build, operate and maintain a network of privately owned electric vehicle charging stations along interstate highways. Forty-nine … [More]
ADOT Announces 18 EV Charging Stations Location Plan
Privately operated charging stations create network to reduce range anxiety
HUD Awards $2.5 Million Choice Neighborhoods Supplemental Grant to Phoenix’s Edison-Eastlake Neighborhood
On Tuesday, the U.S. Department of Housing and Urban Development (HUD) awarded a $2.5 million Choice Neighborhoods Supplemental Grant to the City of Phoenix, to continue the revitalization of the Edison-Eastlake neighborhood. The grant presentation took place in the heart of the neighborhood, at Soluna, where City officials, community leaders, residents and HUD officials … [More]
National Clinical Research Group Launches Arizona Expansion
Axsendo Clinical Research, a national clinical research site network, is excited to announce the opening of its newest location in Phoenix, Arizona. Complementing ACR's existing state-of-the-art facility in Houston, TX, this expansion into the Southwest corridor will increase access to research for Phoenix's diverse patient population. "Phoenix was a strategic … [More]
Nikola Names New Chief Commercial Officer
Nikola Corporation, a global leader in zero-emissions transportation and energy supply and infrastructure solutions, via the HYLA brand, announced the appointment of accomplished transportation executive Thomas "Tom" Schmitt as Chief Commercial Officer (CCO) of Nikola Corporation. As CCO, Schmitt will align Nikola's commercial efforts to scale the company's business. He will … [More]
This Arizona Golf Course among the Most Difficult in the U.S.
New research has revealed the toughest golf courses in America, with Stone Ridge Golf Course, in Prescott Valley, Arizona ranking fourth. Premium golf apparel brand, Galvin Green, analyzed the number of keywords related to a difficult golf course, such as ‘advanced’ and ‘elevation change,’ in the TripAdvisor reviews written by average golfers for over 800 courses in the … [More]
6 of Every 7 People with Mortgages Have an Interest Rate Below 6%, Says Report
The mortgage rate lock-in effect is prompting many homeowners to stay put, contributing to America’s housing shortage, but it’s starting to ease
Nationwide, 85.7% of U.S. homeowners with mortgages have an interest rate below 6%, down from 90.6% at the start of last year and a record high of 92.8% in mid-2022. That’s according to a new report from Redfin, the technology-powered real estate brokerage. This means even more than 85.7% of homeowners with mortgages have a rate below the current weekly average of 6.46%, … [More]
Single-Family Rents Remain Burdensome Despite Slower Growth, Phoenix Sees Decreases
CoreLogic, a leading global property information, analytics and data-enabled solutions provider, today released its latest Single-Family Rent Index (SFRI), which analyzes single-family rent price changes nationally and across major metropolitan areas. National year-over-year rent growth is returning to pre-pandemic rates as prices continue to hold steady. In June 2024, … [More]
Phoenix-Based Funder Commits $35M in Equipment Financing to Connecticut MedTech Co.
Trinity Capital Inc. announced the commitment of $35 million in equipment financing to ApiJect Systems, Corp, a public-benefit medical technology company focused on prefilled, single-dose injection devices. Based in Stamford, CT, ApiJect works with pharmaceutical companies to design rapidly scalable, cost-efficient drug delivery systems, and then assists in manufacturing … [More]
Mayors Launch ‘Disagree Better Arizona’ to Elevate Civil Discourse
Mesa Mayor John Giles and Tempe Mayor Corey Woods have come together to announce the launch of the “Disagree Better Arizona” initiative, a bipartisan effort aimed at elevating civil discourse and fostering constructive dialogue across the state. The initiative introduces a free online toolkit designed to help individuals navigate disagreements in a respectful and productive … [More]
National Pool Service Leader Expands Presence in the West with Acquisition of Trusted Arizona-Based Pool Repair Co.
Landmark Aquatic, the nation’s leading provider of comprehensive commercial pool services, announced the strategic acquisition of Commercial Pool Repair. This transaction strengthens Landmark’s position in the West while expanding its geographic reach and portfolio of services in the design, construction, renovation, service, and maintenance markets. Founded in 1998 by Mike … [More]
73% of Small Businesses Have Grown in Past Year Despite Reports of Labor Challenges, Study Reveals
Almost three quarters (73%) of American small business owners say their business has grown in the last year, with even higher percentages for Black (84%) and Hispanic (80%) owners, according to the U.S. Bank 2024 Small Business Perspective that was released today. The report, which is based on a survey of more than 1,000 small business owners, explores the complex challenges … [More]
Arizona among States with Top Real Estate Fraud Losses across the U.S.
A new study reveals which states have lost the most money to real estate mortgage scams. Arizona ranks sixth for losses to real estate fraud, at an average of $29,787.31 per victim. The study by Florida personal injury lawyers Anidjar & Levine analyzed all 50 states based on the average amount of money lost to real estate fraud. The real estate fraud loss … [More]
$500,000 Awarded to Underserved K-12 Youth in Phoenix Through Nonprofit
As students across Arizona head back to school, young people in urban Phoenix are getting additional resources and support to help them succeed. Elevate Phoenix is pleased to announce that it has been awarded a two-year, $500,000 grant from The Bob & Renee Parsons Foundation. Elevate Phoenix is dedicated to creating generational change for K-12 students both at home and in … [More]
Homebuilder and Home Design Firm Announce Strategic Partnership
Family-owned premiere homebuilder Camelot Homes is proud to announce a strategic partnership with leading design firm, Guided Home Design. This collaboration between two Scottsdale-based companies marks a significant milestone as Guided Home Design will now exclusively manage interior design for the family-owned luxury homebuilder. A dedicated team of designers will work with … [More]
Development Co. Expands Business with Entry into Airport Submarket
Evergreen Devco, Inc., a leading retail, multifamily and industrial development company, announced a significant expansion to its industrial business line with the acquisition of 12.68 acres at the southeast corner of 48th Street and Alameda Drive in Tempe, Ariz., for $13.0 million. The future development, to be called 48th @ Alameda, is strategically located in the Airport … [More]
Scottsdale Concert Venue Announces 2024 Season
Scottsdale’s premier concert venue The Ravenscroft announces its diverse lineup for the upcoming 2024 concert season. Shows kickoff this September for both the venue’s Ravenscroft Concert Hall and Jazzbird lounge and tickets are now on sale. The Ravenscroft Concert Series showcases world-renowned artists and takes place in the luxurious Ravenscroft Hall offering an immersive … [More]
Joint Venture Health Plan Debuts on the Inc. 5000 List
Banner|Aetna, a joint venture health plan owned by Banner Health and Aetna, a CVS Health company, has been named to the 2024 Inc. Magazine 5000 List of Fastest-Growing Private U.S. Companies. The prestigious national ranking recognizes private businesses for their rapid revenue growth over the past three years despite market challenges. Formed with a vision to fix health … [More]
Uber and Cruise to Deploy Autonomous Vehicles on the Uber Platform, Resumed Service in Phoenix
Uber Technologies, Inc. and Cruise, two companies revolutionizing transportation, announced a multiyear strategic partnership to bring Cruise autonomous vehicles to the Uber platform. The companies plan to launch the partnership next year with a dedicated number of Chevy Bolt-based autonomous vehicles. Once launched, when an Uber rider requests a qualifying ride on the Uber … [More]
