Arizona’s $109-Billion-Year: A Record-Setting FY2026

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Fiscal Year 2026 (FY26) marked the most successful year for economic development in Arizona’s history.  During the 12‑month period ending June 30, 2026, the Arizona Commerce Authority and local economic development partners worked with companies that committed to creating 26,225 projected new Arizona jobs and investing more than $109 billion into communities statewide — both … [More]

TSMC Growth Fuels Planned 248-Unit Apartment Community

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Crescent Communities, a nationally recognized real estate investor, developer, and operator of mixed-use communities, announced the land close for NOVEL Norterra, a new four-story multifamily community planned in northern Phoenix, Arizona. Situated on an 8.5-acre site just east of I-17, within the Norterra neighborhood, the development will include 248 for-rent residences in a … [More]

Mountainside FItness to Anchor FIVE NORTH Development

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Phoenix-based retail brokerage specialist Western Retail Advisors has completed the sale of 4.1 acres within FIVE NORTH at VISTANCIA from Vistancia Development LLC to Mountainside Fitness, bringing a major fitness operator to the award-winning, 7,100-acre Vistancia master-planned community in North Peoria, Arizona. Totaling $3,013,808, the sale represents the first milestone … [More]

Goodyear Industrial Business Park Nears 690,000 SF with Expansion

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A venture between Formation Interests and an affiliate of Crescent Real Estate LLC has broken ground on Phase II of Formation Park 10, a 261,168 square foot industrial development in Goodyear, Arizona. The three-building expansion follows the successful completion of Phase I and will bring Formation Park 10 to nearly 689,000 square feet of industrial space across five buildings … [More]

1.1 Million-SF Industrial Project Breaks Ground in the West Valley

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Willmeng Construction began work on GO|99 North, the newest 1 million square foot speculative industrial building in the Valley. For developer GO Industrial, the 1.1 million square foot, Class A warehouse and distribution facility is the largest single building the company has brought to market. "GO | 99 North answers a genuine shortage of million-square-foot-plus buildings … [More]

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