Hines, a global real estate investment manager, has closed on a 14.6-acre site to develop a multifamily property located in Peoria, Arizona. The site is located within The Trailhead, a 40-acre mixed-use master plan at 83rd and Happy Valley Road. Pederson Group developed the Trailhead, and this transaction initiates the next and final phase of development within the master … [More]
Phoenix Children’s Research Institute Secures Nearly $9M in NIH Funding
Phoenix Children's Research Institute at the University of Arizona College of Medicine — Phoenix has been awarded three new R01 grants from the National Institutes of Health (NIH), the gold standard of federally funded research awards. The NIH grants total close to $9 million and will support groundbreaking research to develop targeted treatments for pediatric lung diseases and … [More]
Playable Hotel Concept Brings Major Entertainment Project to Downtown Phoenix
Atari Hotels and Intersection Development are creating a new frontier of experiential entertainment. Construction on the long-anticipated Phoenix flagship, located at 840 N. Central Ave. in Phoenix on an acre-plus site, is slated to begin in late 2026. Räkkhaus, an international architecture and design studio with offices in Phoenix, Dallas, and Helsinki, has revealed updated … [More]
Cooling Costs and Strong Hiring Keep Arizona Competitive
Governor Katie Hobbs highlights new employment numbers showcasing Arizona’s continued strong private sector jobs growth, driven by growth in Natural Resources & Mining, Financial Activities and Health Care. Additionally, while the country saw spikes in the cost of housing (4.0%) and energy (0.2%), Arizona saw declines, with housing falling by 0.1%and energy falling by … [More]
Fast-Casual Italian Brand Adds Fourth Restaurant in Greater Phoenix
Fazoli’s, a portfolio company of FAT Brands Inc. and America’s beloved fast and fresh Italian chain, officially announced the opening of its fourth restaurant in the greater Phoenix area. Located at 13510 N. Litchfield Road in Surprise, the all-new drive-thru restaurant features all the fan-favorites, including classics such as Chicken Fettuccine Alfredo, Baked Spaghetti with … [More]
