Active listings of homes for sale fell 1.4% month over month in August—the largest seasonally-adjusted decline since June 2023, according to a new report from Redfin, the real estate brokerage powered by Rocket. They rose 9.7% from a year earlier—the smallest year-over-year increase since March 2024. New listings also cooled, falling 1.1% month over month to the … [More]
Modular Apartments Open Near Loop 202 as Prefab Housing Expands in Valley
Tudo Capital, an innovator in modular housing, announced the completion of its first project, “Stacks on Polk”, a 19-unit modular building in Phoenix made of 45 recycled shipping containers. The modules were fabricated in Tudo Capital’s factory in Hermosillo, Mexico, then shipped to Phoenix fully certified and compliant with the latest Phoenix International Building … [More]
Downtown Phoenix Adds 60 Affordable Senior Apartments, with 60 More to Come
Pennrose, Butler Housing Company, CBC Financial Corp, the City of Phoenix, the Arizona Department of Housing, and project partners gathered today to celebrate significant progress on Garfield Terrace, a $57 million, multi-phase development bringing 120 high-quality, affordable senior apartments to Downtown Phoenix’s Garfield Historic District. The event commemorated the grand … [More]
East Valley Housing Expands with Walkable San Tan Valley Community
KB Home, one of the largest home builders in the U.S., announced the grand opening of Bella Camino Traditions, a new community situated in desirable San Tan Valley, Arizona, which provides the perfect blend of small-town charm, outdoor adventure and picturesque desert landscapes. The new homes are designed for the way people live today, with popular features like modern … [More]
Groundbreaking Launches 88-Unit Condo Project in North Scottsdale’s Emerging Luxury Corridor
Construction is officially underway on Atavia, an exclusive 88-unit luxury condominium community by the renowned Belgravia Group, a Chicago-based developer with more than 75 years of award-winning residential expertise. Nestled in the heart of North Scottsdale’s emerging luxury corridor, just north of Loop 101 and east of Scottsdale Road, Atavia marks the newest chapter in the … [More]
Arizona Leaders of the Year Selected with Reception Set for Paradise Valley
Leslie Motter and Terry Goddard have been named the 76th Arizona Leaders of the Year, formerly known as Man & Woman of the Year. Honored for their dedication to tackling Arizona’s most pressing challenges, deep record of community engagement, and embodiment of Valley Leadership’s Principles of Doing, Motter and Goddard exemplify the spirit of servant leadership driving … [More]
Chandler Sets National First, Integrating Waymo’s Autonomous Service into Public Transit
Via, a provider of technology for government transit systems, and Waymo, the autonomous driving technology company, today announced a strategic partnership to allow government agencies leveraging Via’s software to introduce Waymo’s fully autonomous ride-hailing service directly into their public transit networks. Chandler, Arizona will be the first city to benefit from this … [More]
Energy Storage Developer Acquires West Valley Battery Project
GridStor, a developer and operator of utility-scale battery energy storage systems, announced today that it has acquired the 100 MW / 400 MWh White Tank battery storage project in Arizona from Strata Clean Energy. The project will be operated via a 20-year tolling agreement with Arizona Public Service (APS), the state’s largest electric utility serving approximately 1.4 … [More]
420K+ SF Mesa Industrial Campus Reaches 100% Occupancy
Cushman & Wakefield announced that Centris Industrial at Mesa, a newly constructed two-building Class A industrial project totaling 421,682 square feet owned by Outrigger Industrial has reached 100% occupancy. Delivered in late 2024, the two-building project is situated at the highly visible corner of Pecos Road and 80th Street in Mesa, Arizona. The property represents … [More]
Phoenix Names City Manager, Taps Former Chief Admin
The City of Phoenix announced the hiring of Ed Zuercher as City Manager, welcoming back an experienced and respected leader to guide the City forward. Zuercher, who retired from the role in 2021 after a 28-year career with the organization, is currently serving as Executive Director of the Maricopa Association of Governments (MAG). His return marks a homecoming for a public … [More]
22,000-SF Recreation & Wellness Hub Breaks Ground in Buckeye
Teravalis, a Howard Hughes Community, broke ground on Echo Community Center, a 22,000-square-foot recreational and wellness hub that will anchor the community’s first village, Floreo. Local officials, community leaders, development partners, and stakeholders gathered for the ceremonial groundbreaking for the center, which is set to open in early 2027. Echo Community … [More]
Valley Closed Home Sales Double National Rate
Greater Phoenix August home sales closed up 4.6% from July and up 2.8% for the first eight months of 2025 in year-over-year comparisons, according to the latest data from Phoenix REALTORS. Closed sales in the Valley were more than double the national rate. Nationally, sales were up 2% from August 2024 and 0.8% for year-to-date numbers comparing 2025 over … [More]
AI-Enabled Water Operations Center Launches in Scottsdale
Veolia opened its first Hubgrade Center in North America, a digital command center that combines human expertise with the power of real-time data and artificial intelligence to deliver top-quality water and wastewater treatment at Veolia-operated facilities across the western United States. This Hubgrade Center allows communities of any size to benefit from Veolia’s … [More]
Executive Order Seeks Faster Permitting for Energy Projects
Governor Katie Hobbs signed an Executive Order 2025-13 to cut red tape, unlock Arizona’s energy potential, and deliver lower energy costs for Arizonans. The Executive Order directs State Land to develop a report within 30 days outlining proposals to streamline and expedite processes for energy infrastructure development on state land. State Land will also be directed to … [More]
Five-Year ASU-Shamrock Farms Agreement Expands Athlete Nutrition and Career Pathways
Shamrock Farms announced a 5-year multi-tiered partnership with Arizona State University, and Sun Devil Athletics, a Division 1 leader in collegiate athletics, on a national scale. Additionally, the partnership connects Shamrock's powerful presence as one of Arizona's largest homegrown companies with ASU's W. P. Carey School of Business. This partnership reflects a shared … [More]
State Partners Ink I-17 Dark-Fiber Lease with Cox to Connect Schools & Libraries
eX² Technology, a Vivacity company, in partnership with Arizona Department of Transportation and the Arizona Commerce Authority, announced the successful execution of an agreement with Cox Communications to lease dark (unlit or unused) fibers along ADOT's I-17 right of way. The 20-year Indefeasible Right of Use agreement with Cox marks another key milestone in Arizona's … [More]
Data Center Cooler Manufacturer Expands Operations in Mesa with 330,000-SF Site
XNRGY, a leader in thermal management solutions, announced the construction of a brand-new, 330,000 sq ft facility dedicated to producing its next-generation air-cooled chiller. This cutting-edge chiller will integrate XNRGY's proprietary controls and artificial intelligence (AI) with industry-leading Copeland technology for unparalleled efficiency and performance. This … [More]
Report: Home Inventory Peaks and Competition Eases Mid-October
The best time to buy a home in 2025 is fast approaching. According to the Realtor.com 2025 Best Time to Buy Report, the week of October 12–18 will be the year's sweet spot for home shoppers, with a rare combination of higher inventory (32.6% more active listings from the start of the year), lower prices (a potential savings of $15,000), and less competition (30.6% lower) that … [More]
