PXG Issues $1 Million Matching Challenge for California Wildfire Relief Efforts 

inbusinessPHX.com

Scottsdale-based PXG, the global golf equipment and apparel brand, has announced a significant commitment to match donations dollar-for-dollar up to $1 million for Team Rubicon to aid in the ongoing efforts to combat the devastating impact of recent wildfires in California. This initiative underscores PXG’s ongoing commitment to supporting the communities it serves, especially … [More]

Greater Phoenix Chamber’s Public Affairs Issue Committees, Unlocking Legislative Access for All Businesses

inbusinessPHX.com

As we head into our next Legislative Session, the Greater Phoenix Chamber is proud to spotlight its Public Affairs Issue Committees, a unique initiative designed to give businesses of all sizes, particularly those with smaller budgets, a powerful voice in our state legislative system. These committees provide an unparalleled opportunity for businesses to engage directly with … [More]

VIG to Open First-Ever East Valley Location in Mesa

inbusinessPHX.com

Genuine Concepts, the Phoenix-founded restaurant group, is excited to announce the opening of an all-new, neighborhood-centric location of The VIG in late spring. Custom built inside (and unwinding right out onto the open-air courtyards) of the Village Square at Dana Park on the NW corner of Val Vista Drive and Baseline Road, The VIG Dana Park (1744 S Val Vista Drive, Suite … [More]

Lauded Italian Hotspot Announces First-Ever Expansion Outside of Texas with New Scottsdale Restaurant

inbusinessPHX.com

Western Addition Restaurant Group, the hospitality powerhouse behind some of Texas’ most sought-after restaurants, is making the first out-of-state expansion of cult-favorite il Bracco, an upscale Italian restaurant renowned for its buzzy atmosphere and loyal following, with the start of construction this week on a new Scottsdale location set to open in late 2025 and poised to … [More]

Vistancia Secures More Than 100 Acres in Land Transactions, Prepares for Future North Peoria Growth

inbusinessPHX.com

Northpointe at Vistancia and the Village at Vistancia, communities in the 7,100-acre Vistancia master planned community in Peoria, have recently secured over 100 acres in land sales, continuing to poise the community for future growth. “Vistancia’s builder interest and home sales continue to demonstrate the attractability of our community,” said Mark Hammons, General Manager … [More]

Logisticus Group Commits to 483,300-SF Full-Building Lease in 210-Acre Logistics Park

inbusinessPHX.com

Lincoln Property Company has completed its first lease at the award-winning Park303 logistics park, signing third party logistics leader Logisticus Group to a 483,300-square-foot commitment that fully leases one of the project’s three state-of-the-art buildings. A privately owned company specializing in transportation, logistics, civil engineering, project management and … [More]

Governor Releases FY2026 Executive Budget Proposal

inbusinessPHX.com

Proposal seeks to restore The Arizona Promise and delivers critical funding to strengthen opportunity, security, and freedom Governor Hobbs released her FY2026 Executive Budget, which invests in critical efforts to support working families and help Arizonans thrive. “To realize the Arizona Promise, we must deliver opportunity, security, and freedom for Arizonans,” said … [More]

FedTech Launches CleanTech Accelerator to Drive Innovation in Clean Energy

inbusinessPHX.com

FedTech has announced the Four Corners CleanTech Cluster, a program designed to empower small businesses and entrepreneurs across Arizona, Colorado, New Mexico, and Utah to advance clean energy innovation. The Four Corners CleanTech Cluster is funded in part through a Contract with the U.S. Small Business Administration. Part of the SBA's nationwide Regional Innovation Clusters … [More]

ASU Ranks No. 2 for Online Business Programs by US News

inbusinessPHX.com

The W. P. Carey School of Business at Arizona State University achieved top national recognition in the latest U.S. News & World Report online program rankings. The undergraduate business programs climbed to No. 2 in the country, surpassing Pennsylvania State University–World Campus, Indiana University Online, and the University of Arizona. The non-MBA graduate business … [More]

Phoenix Children’s Museum to Transform into Educational Wonderland for Annual School Fair

inbusinessPHX.com

The Children's Museum of Phoenix will offer even more to explore as Choose a School hosts its Phoenix School Fair on Saturday, January 25, from 6:00 PM to 8:00 PM. Families are invited to explore Arizona's rich array of educational opportunities while enjoying the museum's renowned interactive exhibits and special entertainment. This free community event will … [More]

Arizona Businesses Received $913 Million in SBA Funding in 2024

inbusinessPHX.com

Small businesses are the backbone of Arizona’s economy, and a new study from LendingTree highlights just how crucial Small Business Administration (SBA) loans are to their success. Arizona’s businesses are leading the pack when it comes to SBA loans. In fiscal year 2024, 1,533 businesses in the Grand Canyon State secured $913 million in SBA loans, averaging $595,553 per loan … [More]

Child Safety Director Steps Away to Become Arts School Executive Director

inbusinessPHX.com

Arizona School for the Arts announced the appointment of David Lujan as its new Executive Director, effective February 2025. Lujan, who currently serves as the Director of the Arizona Department of Child Safety (DCS), will step away from this position at the end of January and into this key leadership role in mid-February. This is a planned transition with ASA’s long-time Head … [More]

Credit Union Annual Cashback Bonus Reaches $100M over Past Eight Years

inbusinessPHX.com

Desert Financial Credit Union will distribute $16 million in Member Giveback Bonuses later this month, bringing the total to $106 million awarded over the past eight years. The annual cashback reward is one of the many ways Desert Financial rewards its members for doing more of their banking with the credit union. “The giveback bonus is just one of many perks for Arizonans … [More]

Culture Corner Debuts at Sky Harbor International Airport

Unique space begins the Airport’s celebration of 90th anniversary

inbusinessPHX.com

In 1935, the city of Phoenix purchased Sky Harbor Airport. The airport has grown from being known as “The Farm" to one of the nation's busiest, most innovative, and most friendly airports. In fact, America's Friendliest Airport® is always looking for ways to elevate the passenger experience, and as part of the kick-off to a year-long celebration of activities to commemorate the … [More]

Survey: As 2025 Begins, CEOs Are Most Worried about a Trade War and Recession

inbusinessPHX.com

As the new year begins, what will keep the world's executives up at night? CEOs globally rank intensified trade wars as the top geopolitical risk to their companies. They say tensions between the US, EU, and China will have the greatest geopolitical impact, according to a new survey from The Conference Board. When it comes to economic risks, leaders can't seem to kick the … [More]

Southern California-Based Real Estate Investment Firm Expands into Phoenix Market with Small-Bay Industrial Acquisition

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Captiva Partners, a real estate investment and operating firm specializing in industrial and flex properties across the West Coast, is proud to announce the off-market acquisition of a 40,075-square-foot multi-tenant small-bay industrial property located at 2209-2211 W 1st St in Tempe, Arizona, marking its entry into the Phoenix market. Captiva plans to rebrand the property … [More]

Pending Home Sales Fell the Most Since 2022 in December as Mortgage Rates Jumped

Rick McCartney

Pending home sales fell 4.5% month over month in December on a seasonally adjusted basis—the largest decline since October 2022—and dropped 2.3% year over year. That is according to a new report from Redfin, the technology-powered real estate brokerage. Homebuyer demand dipped at the end of the year because mortgage rates jumped. After inching downward at the … [More]

SBA Strengthens Small Business Community Lending Network

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The U.S. Small Business Administration (SBA) announced additions to the Community Advantage Small Business Lending Company (CA SBLC) program. The SBA is adding more nonprofit organizations to the program to assist underserved markets. The Biden-Harris Administration’s updates further increase 7(a) loan access to veterans, women, rural areas, and low-to-moderate income … [More]

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