Cotality, a global provider of property information, analytics, and data-enabled solutions, released its latest update on investor activity in the U.S. housing market. Investor activity dipped slightly in the second quarter of 2025 but remains elevated compared to years past. In January, investors accounted for 32% of single-family home purchases. By June the … [More]
APS Uses Robots to Inspire the Next Generation of Engineers
The goal for every first-generation college student is not simply to get there, but to graduate – often easier said than done without caring mentorship and the genuine investment of a broader community. That’s where AGUILA Youth Leadership Institute comes in. AGUILA is a Valley-based non-profit and college access program that has been working with Arizona students for more … [More]
Greater Phoenix Economic Council Names President & CEO
The Greater Phoenix Economic Council (GPEC) Board of Directors announced nationally recognized economic leader Christine Mackay as the new President & CEO of the organization, effective Oct. 13, 2025. Mackay, who has served as the City of Phoenix Community and Economic Development Director since August 2014, enters the role with nearly 30 years of experience in economic … [More]
Amkor’s $2B Peoria Pivot Accelerates Chip Plant Timeline, Adds 2,000 Jobs
Amkor Technology, Inc., a provider of semiconductor packaging and test services, announced revised plans for the location of the company’s new semiconductor advanced packaging and test facility in Arizona. The facility will be constructed on a 104-acre site within the Peoria Innovation Core, in north Peoria, AZ. Peoria City Council unanimously approved a land swap … [More]
Scottsdale Brokerage Tops $1B in Sales amid Valley Luxury Home Market Growth
RETSY, Arizona’s Forbes Global Properties brokerage, announced that it crossed the $1 billion mark in sales volume more than two months earlier than in 2024, despite a more challenging housing market marked by rising interest rates and shifting commission structures. Recognized on RealTrends as the #1 brokerage for average sales price of brokerages in Arizona with over $1 … [More]
TSMC Breaks Ground on ‘Near-Zero’ Discharge Water Plant to Back Fabs
TSMC Arizona has broken ground and begun construction on a planned 15-acre Industrial Reclamation Water Plant (IRWP). The IRWP is designed to achieve “Near Zero Liquid Discharge” which means the company will have the ability to reuse nearly every drop of water. At start-up, the IRWP will reach 85% recycling rate with a plan to reach 90% or better. The start of construction on … [More]
National Fashion Retailer Plans Goodyear Store, Deepening West Valley Retail Mix
Seattle-based fashion retailer Nordstrom, Inc. announced plans to open a new Nordstrom Rack in Goodyear, AZ in spring 2027. "We look forward to being a part of the Goodyear community and serving our customers with an amazing offering of great brands at great prices," said Gemma Lionello, President of Nordstrom Rack. "We're excited to grow our footprint in the … [More]
SRP Partners with Arizona Universities, Channeling $2.9M into Grid Reliability R&D
Salt River Project (SRP) has invested $2.9 million in 37 research and development projects with Arizona State University, Northern Arizona University and the University of Arizona in an ongoing effort to support the reliable delivery of power and water to SRP customers. Every funded project is assessed for alignment to SRP’s long-term corporate goals and strategic … [More]
Uptick in Office Conversions to Industrial Removes Inventory from Market
The Greater Phoenix office market experienced a decline in direct vacancy during second quarter, falling 40 basis points to 15.2 percent, according to a report released by Colliers. A trend of converting office properties to industrial usage resulted in removal of nearly 700,000 square feet from the office inventory which contributed to the drop of vacancy. Tenant demand has … [More]
Tempe Packaging Firm Expands Footprint and Capabilities with Phoenix Acquisition
Foam Packaging Specialties, LLC, has acquired Advanced Packaging Specialties Inc., a Phoenix-based company known for its box design, manufacturing and packaging distribution. The acquisition expands Foam Packaging Specialties’ offerings to include complete packaging systems such as custom foam inserts, corrugated boxes and shipping materials, provided through the new brand, … [More]
