Small Business Optimism Reaches Lowest Level since 2012, Says Report

Rick McCartney

The NFIB Small Business Optimism Index decreased by 0.9 of a point in March to 88.5, the lowest level since December 2012. This is the 27th consecutive month below the 50-year average of 98. The net percent of owners raising average selling prices rose seven points from February to a net 28% percent seasonally adjusted. “Small business optimism has reached the lowest level … [More]

The Maggiore Group Brings Popular Mexican Concept to East Valley

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Popular Mexican restaurant The Mexicano is bringing its famous build-your-own margarita bar to the East Valley with the opening of its second location in Chandler this fall. Founded in 2021 by The Maggiore Group, the restaurant powerhouse team behind The Rosticceria, Hash Kitchen, The Sicilian Butcher and The Sicilian Baker, the new location is set to open its doors at 3095 W. … [More]

Design Firm Partners with Steakhouse Concept to Deliver Steakhouse Flavor at the Drive-Thru

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Phoenix-based global design firm Ideation Design Group is spearheading a drive-thru dining revolution with the design of Angie's Prime Grill, the latest venture by Salad and Go creators, Tony and Roushan Christofellis. After the success of Salad and Go, Angie's Prime Grill sets a new standard in culinary excellence, offering hot-off-the-grill prime meats and seafood in a … [More]

655 New Energy-Efficient Homes Go on the Market

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Meritage Homes, the fifth-largest public homebuilder in the U.S., has opened two new communities, Abel Ranch and Bella Vista Trails, in the greater Phoenix area. Abel Ranch in Goodyear is conveniently located near the I-10 and Loop 303, providing easy access around the valley. Residents will enjoy nearby dining and entertainment at the Pebble Creek Golf Course. Located in San … [More]

Law Firm Relocates Phoenix Office, Highlights New Modern & Inclusive Workspaces

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Perkins Coie announced that its Phoenix office will relocated to the Esplanade II complex, a state-of-the-art class A+ office building, following the signing of a multiyear lease in 2023. The office’s more than 145 lawyers and business professionals will work and collaborate from the fifth floor and part of the fourth floor of the complex, located at 2525 East Camelback … [More]

Construction Begins on Major Street Infrastructure of Goodyear’s New Downtown

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RED Development and Scottsdale-based Globe Corp. announced a construction milestone at GSQ with the groundbreaking of Goodyear Way, the major street infrastructure connecting Goodyear Civic Square at GSQ to the 150-acre mixed-use development poised to become the city’s new downtown. A joint venture between RED Development and Globe Corp., GSQ is set to transform Goodyear … [More]

Commercial Developer Gets Green Light to Move Ahead with Tempe Industrial Center

Nexus Commerce Center to Fulfill I-10 Industrial Corridor Demand

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Creation, one of Arizona’s most prominent commercial real estate developers, has been given the green light to move ahead with construction on a three-building, 16-acre industrial park in Tempe, marking the company’s first industrial undertaking within the city. Nexus Commerce Center is a three-building, 274,000-square-foot development located on the southeast corner of … [More]

Blue Zones Unveils New Online Course in Partnership with ASU

Rick McCartney

Blue Zones, the global leader in longevity research and well-being solutions, and Arizona State University College of Health Solutions, are excited to announce the launch of a new self-paced introductory Blue Zones® Advocate course. This course is designed for lifelong learners interested in unlocking the secrets of the world's blue zones – rare longevity hotspots that are … [More]

Two Leaders Promoted at Valley Agency and Its Parent Co.

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The Harkey Group, a Phoenix-based holding company of consumer-centric, performance-focused, and creatively-inspired agencies, names key leadership promotions to fuel its commitment to innovation and growth. Meagan Jackman, a seasoned professional with more than 20 years in the PR and marketing industry, has been elevated to The Harkey Group’s president. She previously served … [More]

Top Tier Valley Restaurant Group Names New R&D Chef

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Scottsdale-based Prime Steak Concepts announced the appointment of Chef Raul A. Del Pozo to serve as its new R&D Chef for Steak 44, Dominick’s Steakhouse and Ocean 44.  The Valley’s trio of top tier restaurants are owned by James Beard Nominees Mike and Jeff Mastro, along with their father Dennis and partner Scott Troilo. In the new role, Chef Raul is now working … [More]

Pioneering Fitness Franchise Opens Its Doors in Scottsdale

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Barry’s, the pioneering HIIT studio renowned for its high-energy cardio and strength interval training workout, is now open on N Scottsdale Road. Offering its signature RUN x LIFT classes, which blend high-intensity treadmill cardio with strength training, Barry's provides a dynamic group fitness experience to Scottsdale, coined “The Best Workout in the World™” since its … [More]

54% of Consumers Fear Lack of Human Touch: SMBs Tackle AI Integration to Preserve Humanness

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2023 saw over 4,600 retail store closures in the U.S., up 80% from 2022. With more than 81% of the entire U.S. population shopping online and 14% of SMBs fearing that their technology is outdated, they must prioritize their e-commerce approach and leverage AI technology strategically. 20% of businesses have incorporated AI because of evolving customer expectations. Although … [More]

ASBA Heightens Awareness of Fair Chance Hiring for Employers

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This April, Arizona commemorates Second Chance Month, emphasizing the importance of redemption and expanded opportunities for people impacted by the criminal legal system. The impact of involvement with the system is substantial. In Arizona, approximately 126,500 individuals are under some form of correctional control (i.e., incarceration and supervision in the community). … [More]

Master-Planned Community Announces New Public Charter School Campus in East Valley

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The highly anticipated master-planned community Blossom Rock at Superstition Vistas which is scheduled to open in April 2024 recently announced Scholastic Leader Great Hearts Academies plans on building its newest school in the community.  Great Hearts owns a 5.4-acre parcel within the Blossom Rock community, where they project their next tuition-free classical academy to open … [More]

Abrazo’s New Buckeye Medical Campus Begins First Phase of Construction

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The first phase of construction on Abrazo Health’s new medical campus in Buckeye is taking shape with steel framing going up for a new medical office building. Medical offices, ambulatory services and an acute care hospital are planned for the 27-acre campus to provide healthcare closer to home for residents of one of the fastest growing cities in the U.S. The first phase of … [More]

TSMC Arizona Announces Plans for Third Leading-Edge Fab in Phoenix through $6.6B in Proposed CHIPS Act Funding

Third fab will produce the most advanced leading-edge semiconductors in the U.S., bringing TSMC’s total investment in Arizona to over US$65 Billion

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TSMC announced that the U.S. Department of Commerce and TSMC Arizona have signed a non-binding preliminary memorandum of terms (PMT) for up to US$6.6 billion in direct funding under the CHIPS and Science Act. TSMC also announced plans to build a third fab at TSMC Arizona to meet strong customer demand leveraging the most advanced semiconductor process technology in the United … [More]

Investment Partnership Acquires The Scottsdale Plaza Resort & Villas

37.4-acre resort in Paradise Valley includes 404 hotel rooms and suites

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A joint venture between Partners Group, a leading global private markets firm, acting on behalf of its clients, and funds managed by Trinity Investments, announced the acquisition of The Scottsdale Plaza Resort & Villas, located in Paradise Valley, Arizona. The Scottsdale Plaza Resort & Villas features 404 rooms spread across the central hotel and surrounding villa … [More]

2024 Men’s Final Four Fan Events Apr. 5 – 8

Rick McCartney

Men’s Final Four Fan Fest® Presented by Capital One Phoenix Convention Center April 5-8, 2024 Come Ready to Play! If the games weren’t exciting enough, the Men’s Final Four is bringing a weekend jam-packed with events around the Valley for residents and visitors of all ages. Sports fans, college students, families, music junkies: there is something … [More]

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