The Partnership for Economic Innovation, a passionate collective of business and community leaders dedicated to accelerating Arizona’s economic opportunities, announced that five of its WearTech Applied Research Center’s 2022 cohort projects have successfully been brought to market. These new technologies include Biomotum’s Robotic Ankle Assist Device (RAAD) device, TF Health’s … [More]
Back-to-Work Mandates and Overall Economic Growth Trends Help to Boost Local Office Market
Stubborn vacancies in the office sublease sector and murky outlooks on interest rates and back to work trends have challenged the metro Phoenix office market, but positive momentum during the second quarter could influence that trend, raising hopes for an end to seven straight quarters of negative local office absorption, according to the Q2 2023 JLL Phoenix Office Insight … [More]
Plant-Based Food Co. Headquartered in Phoenix Takes on Chicken Industry
Chef Michael Salem, the former head of culinary innovation at Burger King who played a pivotal role in introducing the plant-based Impossible Whopper to the menu, is now gearing up to challenge the dominant players in the alternative-meat industry. His strategy hinges on a single factor – flavor. Today, Salem announced the official launch of Recreate Foods, a venture-backed, … [More]
Caddell Taps Local Industry Veteran to Lead New Phoenix Office
Caddell Construction, a leading global general contractor offering a comprehensive menu of project management and construction services for commercial and government clients, announced the hiring of industry veteran Brian Sheehan as head of the company’s new Phoenix office, marking the latest chapter in Caddell’s ongoing national expansion. Sheehan will assume the role of … [More]
Construction of Phoenix Industrial Space Nears 50 Million Square Feet
An impressive 49.2 million square feet of new industrial space is under construction in Metro Phoenix, according to the mid-year industrial report released by Colliers in Arizona. This marks a 40.2 percent increase in construction compared to the end of June 2022. During that same 12 months, average industrial rental rates increased 24.5 percent, causing “sticker shock” for … [More]
SMoCA to Open New Interactive, Audiovisual Experience
Scottsdale Museum of Contemporary Art (SMoCA) will exhibit the work of emerging Dutch artist Roelof Knol from Sept. 23, 2023, through July 28, 2024, as part of the museum’s PROJECT SPACE initiative. In this new immersive installation, “Roelof Knol: the space in between,” Knol creates a playful, interactive, audiovisual experience that invites viewers to explore their … [More]
Local Housecleaning Company Expands with Acquisition
Going GreenHouse, the residential housecleaning company that uses exclusively non-toxic products, has just announced its acquisition of Essential Cleaning, another cleaning company with a similar business model and mindset. This acquisition will allow Going GreenHouse to expand its reach throughout the east valley, Phoenix and Scottsdale and to increase its client base, a … [More]
Historical Phoenix Photographer Is Remembered (Video)
https://youtu.be/13n4LEQncAw Pioneer Phoenix Photographer F.A. Hartwell was well known during the early days of Phoenix, but was buried in an unmarked grave. Phoenix historians and photographers heard about this situation and banded together to do something about it. The Arizona Photography Alliance organized an auction of member's photographs and raised enough money for … [More]
SUMMIT – Aug 9: 2023 Going Green and Going Smart Annual Summit: Empowering Small Businesses for Sustainability
The highly anticipated 2023 Going Green and Going Smart Annual Summit will take place at the esteemed George Washington Carver Museum and Cultural Center. This event, organized by Compass CBS Foundation in partnership with Arizona Public Service, brings together small business owners, industry experts, and sustainability advocates to explore innovative practices and strategies … [More]
WEBINAR – Aug 1: The Fundamentals of the 5C’s of Credit
UPCOMING SESSIONS Join us for the Small Business Boot Camp virtual webinars and monthly workshops. If you missed any past sessions, watch here. The Fundamentals of the 5C’s of Credit 08/01/2023 | 9:00 AM The five C’s of credit (character, capacity, capital, collateral, and conditions) is a system used by lenders to gauge the creditworthiness of … [More]
Buck & Rider Set to Open in Gilbert Early September
In early September, Buck & Rider will open the doors of our newest location in Gilbert, bringing their concept to the East Valley. The opening of Buck & Rider at Epicenter at Agritopia will be a game-changer for the Valley, mirroring the cuisine and service we are known for in Phoenix and N. Scottsdale so there’s no need to leave Gilbert for an exceptional restaurant … [More]
Tempe to Pursue AI Technologies Ethically, Equitably
The City of Tempe has committed to evaluating Artificial Intelligence (AI) technologies before implementation with the recent adoption of an Ethical AI Policy that outlines principles, guidelines and procedures for responsible use within the city. Tempe is believed to be the first city in Arizona to enact a policy involving ethical use of AI. The City Council approved the … [More]
Visitors Spent $77 Million per Day across Arizona in 2022, Says Economic Impact Report
As one of the state’s primary economic drivers, Arizona’s tourism industry continued to deliver for communities statewide in 2022. Post-pandemic highs were achieved in metrics across the board, including tourism jobs generated and tax revenue collected, according to new data released by the Arizona Office of Tourism. Visitor spending reached $28.1 billion in 2022, which … [More]
Collaborative and Upscale Co-Working Space Set to Open in Downtown Phoenix
X Phoenix, a 506-unit residential coliving and membership club located in the heart of Downtown Phoenix, is opening a 27,000 sq ft., dedicated coworking space on Mon. July 17, 2023. The space offers dedicated desks and private offices as well as an expansive area for a multitude of events that encourages connection and collaboration. In addition to the workstations that … [More]
Acquisition of Nikola’s Hydrogen Hub in Phoenix Creates American Green Energy Jobs
Nikola Corporation, a global leader in zero-emissions transportation and energy supply and infrastructure solutions, via the HYLA brand, and Fortescue Future Industries (FFI), a global green energy and metals company committed to leading the world in stepping beyond fossil fuels by developing green electrons, green hydrogen and green technology at scale, today announced FFI … [More]
Phoenix Children’s Appoints Chief Financial Officer
Phoenix Children's, one of the nation's fastest-growing pediatric health systems, today announced the hire of Michelle Bruhn as executive vice president and chief financial officer. Bruhn, who assumed her position on July 17, will oversee finance, treasury, revenue cycle and managed care contracting. She also is directly responsible for fiscal policy, performance goals and … [More]
Home Prices Climb 2% from a Year Ago with Low Supply Fueling Competition, Not in Phoenix
The typical U.S. home sold for $382,500 during the four weeks ending July 16, up 2.1% from a year earlier. That’s the biggest increase since December 2022 and the second straight price uptick after nearly five months of declines, according to a new report from Redfin, the technology-powered real estate brokerage. Prices are rising substantially in some metro areas, … [More]
How to Stay Safe during Extreme Heat: Safety Experts Provide Guidance for Arizona Workers
As Arizona workers face life-threatening dangers from extreme heat driven by climate change, Arizona-based safety experts from the National Council for Occupational Safety and Health are providing guidance to workers, unions, workers centers and advocates on how to prevent heat illness. “Federal law is crystal clear,” said Katelyn Parady, a Phoenix-based worker health and … [More]
