A new study shows Arizona is the No. 6 hottest market for new residential construction despite home affordability in the U.S. falling to the lowest levels ever recorded after plummeting by 29% over the last year. Given the 2008 financial crisis was largely due to a housing bubble, housing metrics are more important than ever as an economic indicator as America tries to avoid … [More]
New Public Artwork at Scottsdale Waterfront
A new public artwork has joined the Scottsdale Public Art Permanent Collection to liven up a local attraction. Scottsdale Public Art worked with artist Annette Coleman to design and install mosaic artwork enhancements at the splash pad near Marshall Way Bridge at the Scottsdale Waterfront. The splash pad is a user-activated, low-water-use, plaza-style splash pad … [More]
New Exhibit Uses Virtual Reality to Highlight Climate and Environmental Justice
Arizona Heritage Center’s first exhibit with virtual reality, Climates of Inequality: Stories of Environmental Justice, opens July 12 in Tempe and will run through early December. Valley residents are on the front-lines of discussion related to the historically low water levels on the Colorado River Watershed. This interactive exhibit investigates how this critical water … [More]
Single-Family Build-to-Rent Properties Expanding in a Number of Markets
Northmarq, a capital markets leader, released its Single-Family Build-to-Rent Properties report. The special report highlights how the market continues to gain momentum, with the pace of deliveries and construction starts accelerating, and operating performance at existing properties strengthening. More capital is flowing into single-family build-to-rent properties. During … [More]
Intel Arizona’s Water Funded Projects Achieve Net Positive Water Use
Intel announced this week that their operations in the United States, Costa Rica, and India are officially net positive on water use, meaning Intel restores more freshwater than they take in. In Arizona, fifteen Intel-funded projects helped restore 890 million gallons to the watershed in 2021. In Arizona, an Intel-funded project incentivized farmers near the Verde River to … [More]
New Spaceship Manufacturing Facility in Mesa
Virgin Galactic Holdings, Inc., an aerospace and space travel company, today announced it has signed a long-term lease for a new final assembly manufacturing facility for its next-generation Delta class spaceships. Located in Mesa adjacent to the Phoenix-Mesa Gateway Airport, the facility will be capable of producing up to six spaceships per year and will bring hundreds of … [More]
Tempe Credit Union Introduces Free Credit Monitoring and Education Tool
TruWest Credit Union has launched a new tool through its partnership with SavvyMoney, a comprehensive credit score program which allows customers to monitor, improve and be in control of their credit. The platform provides an in-depth analysis and report of credit scores with free ongoing access, an understanding of key factors that impact credit, and recommendations on how to … [More]
Tempe Distributor Introduces Quality and Regulatory Consultancy Service
BioCare Inc., a leading specialty distributor of life-saving therapies, today announced the launch of QRCare, a quality and regulatory consultancy service that provides BioCare's partners with the support needed to develop and maintain strategic quality and regulatory efforts. Leveraging the expertise of a highly skilled team, QRCare offers assistance to customers throughout … [More]
Foreclosures Up Nationally, Lake Havasu Bucks Trend
ATTOM, a leading curator of real estate data nationwide for land and property data, has released its Midyear 2022 U.S. Foreclosure Market Report, which shows there were a total of 164,581 U.S. properties with foreclosure filings — default notices, scheduled auctions or bank repossessions — in the first six months of 2022. That figure is up 153 percent from the same time period … [More]
Phoenix Pool Care Company Expands National Retail Footprint
Leslie's, Inc., the nation's most trusted brand in the pool and spa care industry, today announced that it opened 11 new stores in Summer 2022, expanding its retail presence across the U.S., including new store locations in markets where Leslie's has not previously operated: Kalamazoo, MI; Camillus, NY; Brookfield, WI; and Greendale, WI. These new stores bring Leslie's total … [More]
New Mobile Shopping Experiences at Arizona Stores
Swiftly®, the leading technology solutions provider for retailers, is teaming up with 99 Cents Only Stores LLC for its 382 stores across California, Texas, Arizona, and Nevada. The collaboration will provide customers with enhanced mobile shopping experiences and generate new advertising revenue for the extreme-value retailer. Swiftly technology is powering the 99's new, … [More]
Insight Cuts Ribbon on New Global Headquarters in Chandler
Insight Enterprises, a Fortune 500 solutions integrator helping organizations accelerate their digital journey, welcomed local innovation leaders to the grand opening of Insight Way, Insight’s new global headquarters based in Chandler, Arizona, designed as a modern workplace for the hybrid, anywhere worker. The more than 200,000-square-foot innovation hub, located at 2701 E. … [More]
Desert Ridge Positioned for Additional Development
ScanlanKemperBard (SKB), announced that it has successfully recapitalized its High Street project at 5415 East High Street, Phoenix, Arizona. Since its original construction in 2008, visitors and locals alike have flocked to the mixed-use project, which is located on a 24.9-acre parcel of land near the Loop 101 in North Phoenix. The entertainment complex features an urban, … [More]
20,000-Seat Cricket Stadium Coming to Buckeye
The Mangat Group, a Glendale-based land development group, announced today plans to build a world-class cricket stadium to serve the international cricket community in Buckeye, Ariz. The 20,000-seat stadium, known as MG Cricket Stadium, will sit on 30 acres located north of the I-10 freeway on Miller Road. “Although cricket has been played for many years in other countries, … [More]
