At the inception of the semiconductor industry in the 1950s, the United States represented 100% of the world’s semiconductor manufacturing capacity due to its origins in the U.S. defense industry. Today, that number has dropped to 8%. With the increasing cost of integrated device manufacturing in the 1980s, the semiconductor industry was prompted to outsource fabrication to … [More]
Semicon Valley: The Emergence of Arizona’s Semiconductor Landscape
Becoming a powerful force in the industry’s global footprint
From Mines to Microchips
Mining helps drive and build technology and is the very foundation of almost everything around us, from the copper, gold and silver used in electrical equipment, smartphones and healthcare equipment to the critical minerals that build the batteries, wind turbines and solar panels. Copper is crucial in semiconductor development, especially in advanced chip manufacturing … [More]
SHIELD USA Boosts Cutting-Edge Microelectronics Development in Arizona
Arizona State University has secured up to $100 million in funding from the U.S. Department of Commerce as part of the CHIPS for America program for the SHIELD USA initiative. This initiative positions ASU as a key player in reshoring advanced microelectronics packaging to the United States, with the potential to transform the semiconductor landscape. The grant, awarded … [More]
Metrocenter Mall Redevelopment Begins
As walls came down at Metrocenter Mall on November 18, a new vision was unleashed for the 80-acre property. The demolition marks the start of an $850 million redevelopment, transforming the site into a vibrant multi-use, self-contained, transit-oriented community encompassing the city’s new Metro Light Rail station, which will serve as one of the major focal points of the … [More]
Ultra Infill Industrial for Sky Harbor Submarket
Full-service commercial real estate firm Lincoln Property Company will redevelop an infill site in the heart of Tempe into Sky Harbor Logistics, a two-building Class A industrial campus situated minutes from Interstate 10 and Sky Harbor International Airport. Lincoln acquired the property, located on 16.25 acres at 1515 W. 14th St., for $18.3 million. Originally built in 1977 … [More]
Redevelopment Adds Industrial in Airport Submarket
Evergreen Devco, Inc., a leading retail, multifamily and industrial development company, has entered the airport submarket with a $13-million investment for 12.68 acres on two key sites that will become 48th@Alameda. Currently housing a vacant two-story office building, 2727 South 48th Street will be redeveloped to construct two speculative industrial buildings totaling 171,025 … [More]
Office with Warehouse Near Sky Harbor
Cohen Asset Management, a private real estate investment firm headquartered in Los Angeles, contracted Tempe-based Sun State Builders to construct its 33,450-square-foot office suite and airconditioned warehouse project located just west of Phoenix Sky Harbor Airport. The Cohen Sky Harbor Building is a ground-up tilt panel construction that is targeted for completion in July … [More]
Brandon Maxwell: Building His Legacy through Shared Ownership
M Culinary Concepts’ Journey to an ESOP
Brandon Maxwell isn’t just the CEO of M Culinary Concepts; he’s a visionary leader who’s reshaping success by sharing it with those who helped build it. In 2023, M Culinary made a bold move, transitioning to an Employee Stock Ownership Plan (ESOP), making it 100% employee-owned. This decision wasn’t just about numbers on a balance sheet. For Maxwell, it was about legacy — … [More]
My Doctor Brand Lets Physicians Own Their Visibility
My Doctor Brand is a product startup launched earlier this year by Ryan Caracciolo, a veteran sales professional and marketer with more than 15 years’ experience in the medical industry, that empowers physicians to manage their personal digital identities independently of their practice or hospital. As founder and president of business growth agency Striventa, he recognized a … [More]
