As students across Arizona head back to school, young people in urban Phoenix are getting additional resources and support to help them succeed. Elevate Phoenix is pleased to announce that it has been awarded a two-year, $500,000 grant from The Bob & Renee Parsons Foundation. Elevate Phoenix is dedicated to creating generational change for K-12 students both at home and in … [More]
Homebuilder and Home Design Firm Announce Strategic Partnership
Family-owned premiere homebuilder Camelot Homes is proud to announce a strategic partnership with leading design firm, Guided Home Design. This collaboration between two Scottsdale-based companies marks a significant milestone as Guided Home Design will now exclusively manage interior design for the family-owned luxury homebuilder. A dedicated team of designers will work with … [More]
Development Co. Expands Business with Entry into Airport Submarket
Evergreen Devco, Inc., a leading retail, multifamily and industrial development company, announced a significant expansion to its industrial business line with the acquisition of 12.68 acres at the southeast corner of 48th Street and Alameda Drive in Tempe, Ariz., for $13.0 million. The future development, to be called 48th @ Alameda, is strategically located in the Airport … [More]
Scottsdale Concert Venue Announces 2024 Season
Scottsdale’s premier concert venue The Ravenscroft announces its diverse lineup for the upcoming 2024 concert season. Shows kickoff this September for both the venue’s Ravenscroft Concert Hall and Jazzbird lounge and tickets are now on sale. The Ravenscroft Concert Series showcases world-renowned artists and takes place in the luxurious Ravenscroft Hall offering an immersive … [More]
Joint Venture Health Plan Debuts on the Inc. 5000 List
Banner|Aetna, a joint venture health plan owned by Banner Health and Aetna, a CVS Health company, has been named to the 2024 Inc. Magazine 5000 List of Fastest-Growing Private U.S. Companies. The prestigious national ranking recognizes private businesses for their rapid revenue growth over the past three years despite market challenges. Formed with a vision to fix health … [More]
Uber and Cruise to Deploy Autonomous Vehicles on the Uber Platform, Resumed Service in Phoenix
Uber Technologies, Inc. and Cruise, two companies revolutionizing transportation, announced a multiyear strategic partnership to bring Cruise autonomous vehicles to the Uber platform. The companies plan to launch the partnership next year with a dedicated number of Chevy Bolt-based autonomous vehicles. Once launched, when an Uber rider requests a qualifying ride on the Uber … [More]
Chicago Home-Cooked Food Coming to Downtown Phoenix
Big Bacon’s, which has been operating out of a ghost kitchen in Tempe, is known for its authentic Chicago soul food including stuffed jerk burgers, fried chicken, fried pork chop sandwiches, and a variety of seafood dishes including salmon and catfish. NAI Horizon facilitated the long-term lease for a restaurant that is bringing home-cooked food from Chicago to Downtown … [More]
Restaurant Concepts Co. Brings Popular Southern Gastropub to Goodyear
Copper & Sage is bringing its artisan cocktails, innovative cuisine and swanky vibe to the West Valley with the opening of its second location this fall. Founded by Westside Concepts, the elevated gastropub with southern influence is set to open its doors at GSQ in downtown Goodyear on Tuesday, October 1, 2024. Copper & Sage is the newest experience by Westside … [More]
North Scottsdale Office Complex Major Tenant Expands, Brings Property to Full Occupancy
Nationwide Realty Investors announced that the 440,000 square-foot Cavasson East office building within the larger Cavasson mixed-use development in North Scottsdale has reached full lease occupancy. “This is an incredible milestone for Cavasson,” said Brian J. Ellis, President of Nationwide Realty Investors. “Achieving 100% lease occupancy in an extremely tough global office … [More]
Stockholm-Based iGaming and Sports Betting Co. Approved to Offer Private Cloud Hosting in Arizona
Internet Vikings, a licensed in-state hosting provider for iGaming and online sports betting, has received official approval from the Arizona Department of Gaming to launch its VMware-based private cloud hosting solutions. This achievement allows the company to provide secure and scalable hosting for licensed operators taking sports betting wagers across Arizona, fully … [More]
Commercial Property Management Co. Announces Leadership Transition
MODE Commercial Property Management announced a significant leadership transition. After more than 16 years Patty Hartley, co-founder and designated broker, is stepping back from day-to-day operations. David Verwer, the current Managing Director will assume the role of President and Designated Broker. Since its founding in 2008, MODE has grown into one of the most well-known … [More]
$250M Joint Venture Partnership Aims to Empower Small Businesses and Drive Local Economic Growth
Peoria-based AVANA Companies and funds managed by Oaktree Capital Management L.P. announce the formation of a new $250MM AVANA-Oaktree Private Credit Partnership for its direct private commercial real estate lending strategy. Through the Joint Venture, AVANA will use the capital to provide private debt financing in the United States over the next three years. AOPCP aims to … [More]
New Banner Children’s Blood & Cancer Center Opens to Serve the East Valley
Banner Health announced the grand opening of the new Banner Children’s Blood & Cancer Center at Banner Children’s at Desert in Mesa. The new center is dedicated to providing comprehensive care for children and young adults up to 19 years old with blood disorders or cancer. The project was made possible by a generous $5 million donation from the James M. Cox Foundation. The … [More]
U.S. Home Prices Tick Up 0.2% for the Second Month in a Row, Phoenix Shows Decline
U.S. home prices ticked up 0.2% for the second-consecutive month in July, on a seasonally adjusted basis, according to a new report from Redfin, the technology-powered real estate brokerage. That’s equal to the smallest month over month increase since January 2023. Phoenix showed a month-over-month decline at -0.18 percent. On a year-over-year basis, home prices rose 6.8% in … [More]
SRP Unveils 2023 First-Ever Supplier Diversity Economic Impact Report
Salt River Project (SRP) has released its first-ever Supplier Diversity Economic Impact Report, highlighting substantial economic impacts in Arizona including $243.3 million in spending with diverse suppliers that bolstered local economies and supported thousands of jobs. The report underscores the utility’s robust economic contributions and dedication to fostering diverse … [More]
NCAA Men’s Final Four Creates Big Impact on Arizona’s Economy
The 2024 NCAA Men’s Final Four generated $429 million in economic impact, according to a study by Arizona State University’s Seidman Research Institute. The event also generated $256.9 million for the state’s Gross Domestic Product (GDP). “Hosting the Men’s Final Four was a tremendous slam dunk for Phoenix, as we proudly welcomed the third … [More]
Foster Care Nonprofit Receives $250,000 Grant to Ensure Youth Receive Support
Young people in Arizona's foster care system will continue to receive critical educational services and support throughout the final year of the National Center for Youth Law's FosterEd Arizona initiative, and well into the future, thanks to a generous $250,000 grant from The Bob & Renee Parsons Foundation. The funding will allow the FosterEd Arizona team to continue … [More]
WORKSHOP – Sep. 11: SBIR Workshop – Unleash Your Innovation Potential – Workshop 3: R&D Plan/es/Budget
UPCOMING WORKSHOPS The SBIR training program is a series of events that provide entrepreneurs, small business owners, and startups with local resources and mentors to apply for funding through the Small Business Innovation Research (SBIR) or Small Business Technology Transfer (STTR) programs. Virtual SBIR Workshop - Unleash Your Innovation Potential - … [More]
