Infill Industrial Redevelopment Breaks Ground in Tempe, Meeting Demand for High-Efficiency Space

inbusinessPHX.com

Creation, a Phoenix-based real estate development and alternative investment firm, and LGE Design Build, a premier Southwest design-build firm, announced today the start of construction on Nexus Commerce Center, a 273,000-square-foot Class-A industrial park located at Elliot Road and Hardy Drive in Tempe. To mark the occasion, the developer held a groundbreaking ceremony … [More]

Redevelopment Transforms Vacant, Back-Office Building into High-Tech Manufacturing Facility

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Phoenix Rising Investments and Willmeng recently completed work on their AMPlify development at 6505 W. Chandler Blvd. in Chandler. The latest AMPlify project transformed a vacant, back-office building into a high-tech manufacturing facility that has a dedicated 50 MW SRP substation for a Fortune 500 corporation. “On behalf of the City of Chandler, I want to thank Phoenix … [More]

Macerich Announces Leasing Partnership for Arizona Retail Properties

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Macerich, owner, operator and developer of major retail properties in top markets, announced a leasing partnership with Catalyst Commercial Group for its Arizona retail properties. This relationship is designed to extend the robust efforts of Macerich’s internal leasing teams and uncover additional opportunities for the company’s portfolio of strong retail properties in … [More]

Phoenix Symphony Launches $60 Million Crescendo Campaign

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The Phoenix Symphony just announced the public launch of Crescendo: The Campaign for The Phoenix Symphony, a bold $60 million comprehensive fundraising initiative designed to ensure a thriving future for symphonic music in Arizona.  As the Phoenix Symphony approaches its 80th season, Crescendo stands as the Symphony’s most ambitious philanthropic initiative yet, focused on … [More]

Air2O Expands New Phoenix Manufacturing Facility Fivefold, Plans to Create Over 200 Jobs

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Air2O, a global leader in advanced thermal management solutions for mission-critical environments, is pleased to announce moving into its new 186,000 sq. ft. manufacturing facility in Phoenix in June 2025 and will be operational in the fall. Exterior space significantly increases the facility’s square footage, offering the increased operation plans and flexibility to seamlessly … [More]

Scottsdale-Based Vacation Rental Co. Expands with Acquisition of Innovative Platform

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Casago, a vacation rental property management company, announced the completion of its acquisition of Vacasa, Inc., a leading vacation rental management platform in North America. The transaction, a watershed moment for the U.S. vacation rental industry, combines the strengths of both companies to create an industry-leading brand managing over 40,000 properties across North … [More]

Their Take: Leadership Is a Long Game

by Danny Seiden

ESPN hot take veteran Stephen A. Smith says Mat Ishbia is on the verge of being the “worst owner in NBA history.” Here in Arizona, we see something different: an owner who’s invested more in his teams, his players, and his city in two years than most do in a lifetime. Let’s be clear: the Suns didn’t fall apart overnight, and no one’s above criticism — not even Mat. But to … [More]

Small & Disadvantaged Business Transportation EXPO is May 20

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The Arizona Department of Transportation and partner agencies will hold an event from 7 a.m. to 1 p.m. Tuesday, May 20, at Mesa Convention Center (Building C) to help small businesses and those owned by individuals from socially and economically disadvantaged groups compete for transportation contracts that receive federal funding. Offered through ADOT’s Disadvantaged … [More]

Innovative Partnership Brings 96 New Affordable Family Housing Units to Phoenix

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Nearly 100 families in Phoenix have a new, affordable place to call home. UMOM New Day Centers, the City of Phoenix, Maricopa County, the Phoenix IDA and its partners are proud to celebrate the grand opening of La Esperanza Terrace. This landmark affordable housing development was made possible through an innovative, first-of-its-kind agreement between the Isaac School … [More]

Construction Co. Expands Operations in Phoenix, Brings Commercial Expertise to Fastest-Growing Market

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PCL Construction, one of North America's largest and most innovative general contractors, is opening a new commercial buildings office in Phoenix. The announcement builds upon the success of the company's water and civil construction operations, which have thrived across the Southwest for more than 30 years. "Phoenix is a hub of opportunity across aviation, hospitality, … [More]