The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.4 percent in April on a seasonally adjusted basis, after increasing 0.1 percent in March, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 4.9 percent before seasonal adjustment. The index for shelter was the largest contributor to the monthly all items … [More]
Scottsdale-Based Luxury Homebuilder Earns Coveted Gold Nugget Honors
It’s award season, and Camelot Homes has learned they are a Gold Nugget Award (GNA) of Merit winner in four categories of the 2023 Gold Nugget Awards. The annual competition honors architectural design and planning excellence and draws entries from throughout the United States and internationally. Camelot Homes earned its Merit honors for Paradigm, which was honored for Best … [More]
Design-Build Construction Firm Releases Q2 Construction Delivery Outlook Report
Leading design-build firm LGE Design Build released its second quarter Construction Delivery Outlook Report that monitors and analyzes the economic uncertainty and changes within construction labor, supply chain, material pricing, inflation and overall demand. “The recent turbulent years have taught us that the construction industry is resilient but that we need to be … [More]
Sam Fox Reveals Full Culinary Lineup at Debut Luxury Hotel, Opening in Mid-November
Much anticipation has surrounded details of the culinary offerings at acclaimed restaurateur and hospitality innovator Sam Fox’s soon-to-open luxury hotel, The Global Ambassador, and today new details are being revealed about all five original restaurants that will open within the hotel in mid-November. Widely considered Arizona’s most anticipated hotel opening this year, … [More]
Luxury Condominium Community from Chicago Developer Breaks Ground in North Scottsdale
Belgravia Group, Chicago’s award-winning real estate developer, has announced the groundbreaking of Portico, the highly-anticipated luxury condominium community featuring 112 homes located just northeast of Scottsdale Road and the Loop 101. Sales of the two-, three-, and four-bedroom condominiums have been strong, with nearly 50% of the project already sold. Initial … [More]
Self Storage Sales Market Stays Strong with $10B in Sales, Still Attracting Investors
The self storage market, typically a haven for savvy investors, remained high in 2022. More than 73.4 million square feet of storage space traded last year, for a combined total of $10 billion. That’s according to our most recent industry sales report in which we wanted to gauge the state of the sales market and sought to identify the top self storage markets based on … [More]
Governor Hobbs Announces Arizona’s Title 42 Preparedness Approach
Ahead of the lifting of Title 42, Governor Hobbs today announced the state’s five-point preparedness approach outlining Arizona’s priorities for managing the expected influx of migrants. At the press conference, Hobbs was joined by DPS Director Jeffrey Glover, DEMA-EM Allen Clark, Pima County Sheriff Chris Nanos, Yuma Mayor Douglas Nicholls, and Representative Mariana … [More]
3 Trends That Can Help SMBs Exceed in E-Commerce – AI, BNPL & BOPIS
In the U.S., revenue earned from retail e-commerce is estimated to exceed one trillion dollars in 2023. The online shopping revenue in the U.S. is projected to surpass 1.5 trillion dollars by 2027. According to research by Fundera, 16% of all retail purchases are made on e-commerce sites and it is also anticipated that e-commerce will handle 95% of all consumer transactions by … [More]
Another Industrial Facility Breaks Ground in the Heart of the West Valley Market
Mohr Capital and Rosewood Property Company have kicked off construction on West Summit Logistics Park, in Surprise, Arizona. The logistics park will consist of two Class-A industrial buildings totaling 704,472 square feet across 46 acres of land. “Summit Business Park will sit in a prime location in one of the best markets in the country,” said Bob Mohr, chairman of Mohr … [More]
International Law Firm Finds New Home on Camelback
Perkins Coie, a leading international law firm headquartered in Seattle, has signed a long-term lease for a new office location in Phoenix, Arizona. The law firm will occupy 30,955 square feet at Camelback Esplanade, a Class-A project located at 2525 East Camelback Road in central Phoenix that will be undergoing a significant upgrade and renovation that began this … [More]
9 in 10 Small Businesses Face Hiring Challenges
There are 33.2 million small businesses in America, which have generated nearly two-thirds of all new jobs between 1995-2021, according to the U.S. Chamber of Commerce. Yet, a persistent shortage of skilled workers is hitting them especially hard. With May being Small Business Month, I thought it could be a prime opportunity to spotlight the challenges small businesses face … [More]
Three DEI ‘Musts’ for Creating a Human-Centric Workplace
Future-fit organizations want to thrive today and adapt quickly to the needs of tomorrow. They’re committed to keeping employees of all races, cultures, genders, orientations, and experiences happy and engaged. They know focusing on people—and helping them thrive—is the key to staying relevant and profitable for the long haul. Diversity, equity, and inclusion (DEI) are … [More]
Experts Reveal Their Tips on Preventing Burnout and How to Recover
Nowadays mental health in the workplace is one of the most talked about topics, with stress, anxiety and tiredness being the center of the debate. In fact, whether you work for a company or as a freelancer, it’s very likely that there will be moments in your work life that will be overwhelming and tiring to the point of reaching a point of so called “burnout”. Experts from … [More]
Job Openings Remain on Main Street, 92% of Owners Report No Qualified Applicants for Open Positions
Small business owners continue to struggle to find workers, with 45% (seasonally adjusted) of all owners reporting job openings they could not fill in the current period. The share of owners with unfilled job openings exceeds the 49-year historical average of 23%. Of those hiring or trying to hire, 92% of owners reported few or no qualified applications for the positions they … [More]
The Ravenscroft Announces World-Class Musical Events Coming to Scottsdale
Arizona’s premier concert venue The Ravenscroft announces several world-class musical events coming to Scottsdale. Located at the Perimeter Complex in Scottsdale, Ravenscroft is a stunning 30,000 square foot music venue and multi-use space. The jazz hall has an intimate setting with 200 seats and showcases world-renowned and Grammy-Award winning artists. The Hall offers an … [More]
Juan Francisco Elso: Por América Opens at Phoenix Art Museum
Organized by El Museo del Barrio, Juan Francisco Elso: Por América investigates the brief yet significant career of the late Cuban artist Juan Francisco Elso (1956–1988), who emerged as a visual artist in the late 1970s and early 1980s before dying of leukemia at the age of 32. Elso, who was based in Havana, is associated with the first generation of artists born and educated … [More]
Meet 7 Exceptional AZ Tourism Leaders in 7 Days for 2023 National Travel & Tourism Week
Travel is essential in stimulating economic growth, creating job opportunities and bringing together friends, families and communities. But what’s essential to all travel are the exceptional industry professionals who work tirelessly to deliver these experiences to Arizonans and visitors throughout the year. As we celebrate 2023 National Travel and Tourism Week, starting on … [More]
Five Ways Leaders Can Practice Responsible Generosity
Most leaders have been there: We see someone who needs help, and we quickly provide it, only to end up feeling taken advantage of. Maybe you helped an employee out of a financial jam, only to see them keep making bad decisions. Or you spent hours coaching a younger colleague and then watched him ignore your advice. Or you stepped in to “rescue” a teammate who wasn’t prepared … [More]
