Arizona State University will add a tuition surcharge for on-campus students in spring 2025 and the Arizona Teachers Academy faces an uncertain future, the result of recent budget cuts passed by the state Legislature and signed by the governor. More than 2,600 Arizona resident students also could be impacted by the expected decrease in ASU’s allocation for the Arizona Promise … [More]
20 Ways AI Can Transform Any Business
Transcending AI Apathy: Why All Companies Should be Gaining Ground with Artificial Intelligence
While Artificial Intelligence (AI) is transforming industries across the globe, many businesses both large and small don't fully comprehend how this next-gen technology can benefit their own operation. While AI is often generally thought of in terms of customer service chatbots and customized marketing, the reality is that it's potential to benefit other key aspects of a … [More]
National New Home Builder Joins Roster for Master-Planned Community’s First Village
Howard Hughes Holdings Inc. announced the addition of New Home Co. to the roster of homebuilders at Teravalis™, the company’s new community located in the Phoenix West Valley. New Home Co. joins Brightland Homes, Century Communities, Courtland Communities, KB Home and Lennar as homebuilders for Floreo, the first village of Teravalis. Floreo is under development, slated for a … [More]
Banking Platform Implementation Marks Innovation Milestone for Credit Union
OneAZ Credit Union is launching a transformative strategic partnership with Backbase, the creator of the Engagement Banking Platform, to modernize the credit union’s technology architecture. Through Backbase’s platform, OneAZ will deliver a simplified and streamlined banking experience, expanding beyond financial service offerings to include insurance, real estate and other … [More]
ASU Awarded $5.8 Million from National Institute on Aging for New Center
Living alone is a lesser-known risk factor for Alzheimer’s and other types of cognitive decline. With an estimated 14 million Americans aging solo — by choice or circumstance — Arizona State University has a plan to help and new funding to support it. This summer, ASU’s Edson College of Nursing and Health Innovation received a $5.8 million grant from the National Institute on … [More]
Window Cleaning Franchise Expands Into Arizona with First Location in Scottsdale
Window Hero, a HomeFront Brands franchise specializing in a wide range of exterior cleaning services, will introduce its first Arizona location with a grand opening celebration from 11 a.m. to 2 p.m. Saturday, Sept. 28, at the Pinnacle Peak Ace Hardware store located at 23623 N Scottdale Road. Window Hero Scottsdale owner Brian Zettler said he is honored to be the first … [More]
Housing Payments Post Biggest Decline in 4 Years ahead of Fed’s Historic Rate Cut
The median U.S. housing payment was $2,534 during the four weeks ending September 15, down 2.7% from a year earlier–the biggest decline since May 2020, according to a new report from Redfin, the technology-powered real estate brokerage. Monthly payments are falling because mortgage rates dropped to their lowest level in 20 months in the lead-up to the Fed’s first interest-rate … [More]
Report on Building for Reverse Logistics Examines Flow Back from the Consumer to Supplier
The pandemic brought into sharp focus the importance of having a healthy and functioning supply chain, that critical system by which goods are delivered from factories to doorsteps. But how does the process work in reverse, when items are returned and sent back? And what happens to the returned items? The NAIOP Research Foundation released a new report on reverse logistics … [More]
New Real Estate Investment Firm Opens Phoenix Headquarters
Lukrom, a local real estate investment firm, announced the recent opening of their corporate headquarters located at 44th Street and Camelback Road in Phoenix. Specializing in private lending and real estate investment opportunities for accredited investors, Lukrom is poised to add value to the local real estate community. Founded by U.S. Navy veteran, Thomas McPherson, Lukrom … [More]
New Art Acquisition to Expand Phoenix Art Museum Collection
The Men’s Arts Council (MAC), a nonprofit member organization of Valley philanthropists dedicated to supporting Phoenix Art Museum’s community-outreach programs through annual giving, has selected four components of artist collective Postcommodity’s artwork Repellent Fence/Valla Repelente (2015) to receive MAC funding earmarked for a new Museum acquisition. The large-scale … [More]
Oregon-Based Bank Targets Arizona for Expansion with the Opening of Three New Branches
Umpqua Bank, a subsidiary of Columbia Banking System, Inc., announced its continued expansion across the West with two new branch openings in Phoenix and Scottsdale, and a third Arizona location in Mesa planned for later this year. Expansion of the bank's retail network into Arizona follows the successful launch of its middle market banking presence in 2021. "Arizona is a … [More]
Data Center Developer Plans New Data Center Region in Phoenix
5C Data Centers, a provider of state-of-the-art data center services, has announced plans to launch a new region in Phoenix, Arizona. The first facility in the region, PHX01, is scheduled to go live in 2025. Located in one of the fastest growing hyperscale data center regions in North America, and within miles of downtown Phoenix, the first data center will comprise 140,000 … [More]
The AI Overwhelm: How to Avoid Burnout and Stay Productive
As generative AI tools are constantly “learning” and becoming more sophisticated, business owners and marketers must also continuously learn how to use those tools most effectively and efficiently. I recently decided to dive into Claude, an AI assistant, for some custom XML prompts to get higher-quality outputs from AI. As someone who isn't a tech newbie, I was optimistic. But … [More]
Healthcare Co. Marks One-Year Milestone of Care Model
Denova Collaborative Health, Arizona’s largest provider of behavioral health services, is marking the one-year milestone of its groundbreaking same-day, next-day behavioral healthcare initiative. While Denova has a 40-year history of serving Arizona residents, within the last year, the company provided treatment for over 36,000 individual patients. This achievement is … [More]
National Residential Real Estate Brokerage Expands Presence in Key Arizona Markets
Compass, the largest residential real estate brokerage in the United States by sales volume1, announces it has strengthened its presence in Arizona with the addition of the strongest independent brand in the state, North & Co. This cements the company's position as the number one brokerage for luxury residential sales in the state, just 18 months after entering the … [More]
Reimagined Paradise Valley Mall Sets Opening Date of First Residential Property
AVE, the residential real estate brand of Korman Communities, in partnership with RXR, announces the opening date of AVE Paradise Valley (12400 North Tatum Boulevard), a new elevated apartment community located in the reimagined Paradise Valley Mall development. The property will open on Nov. 15, 2024, and is now accepting applications. The state-of-the-art, mid-rise building … [More]
Iconic Mall Set for Demolition, Redevelopment Begins Soon
Phoenix’s most iconic mall is on its way to becoming the largest mall redevelopment project in Arizona’s history. Concord Wilshire Capital and TLG Investment Partners, the Developer, announced that the Abatement and Demolition of the Metrocenter Mall, including the Dillard’s and U-Haul Buildings (formerly Macy’s), have commenced, and it has formed a partnership with Diversified … [More]
Governor Hobbs Announces Nearly $8 Million to Support Arizona Small Businesses
Arizona Commerce Authority awarded Department of Treasury Grant to provide critical support to small businesses
Governor Katie Hobbs and the Arizona Commerce Authority announced Arizona will receive a $7.9 million grant from the U.S. Department of Treasury as part of their State Small Business Credit Initiative (SSBCI) Investing in America Small Business Opportunity Program (SBOP). Since taking office, Governor Hobbs has met with countless small business owners and understands the need … [More]
