Western Alliance Bank announced the launch of its specialized Healthcare commercial banking team, led by industry executive Jennifer Hwang. Hwang will build and lead a Healthcare banking team that will deliver strategic, integrated financial advice and solutions to clients across subsectors including specialty pharmaceuticals, home health and hospice, medical device, ambulatory … [More]
APS Seeks License Renewal to Keep Palo Verde Nuclear Plant Online
Arizona Public Service has officially notified the Nuclear Regulatory Commission of its intent to renew the operating licenses for all three units at Palo Verde Generating Station, which could extend operations from the mid-2040s through the mid-2060s. Located west of Phoenix, Palo Verde is the heart of APS’s diverse energy mix, playing a vital role in supporting Arizona’s … [More]
Phoenix-Based Investment Firm Partners with Dallas Lender on New Fund
Capital Southwest Corporation and Trinity Capital Inc., two internally managed business development companies, announced that they have formed a joint venture that will invest primarily in first-out senior secured debt opportunities in the lower middle market. The joint venture will be owned equally by Capital Southwest and Trinity Capital, with each firm committing $50 … [More]
Carvana Plans Stock Split Aimed at Expanding Employee Ownership
Carvana, an industry pioneer for buying and selling cars online, announced that its Board of Directors approved a 5 for 1 split of its common stock. The split is designed to ensure that earning and buying whole shares of Carvana stock is within reach for all of its team members. "This is the first split in Carvana’s history, and we believe it achieves the important goal of … [More]
Global Golf Hospitality Co. Introduces Digital Booking and Loyalty Platform
Troon, a leader in providing golf and club-related leisure and hospitality services, announced the launch of Access, a fully integrated golf ecosystem that brings together tee time booking, subscription savings, loyalty rewards, and e-commerce into one connected platform. Branded as "A New Era in Golf Rewards," Access is designed to reward golfers for their loyalty while making … [More]
Western Alliance Bank Taps Executive to Lead Treasury Management Sales
Western Alliance Bank announced that it has appointed Kristen Hillenbrand as Head of Treasury Management Sales, overseeing the bank’s national treasury operations. In this role, Hillenbrand leads a nationwide team of Treasury Management directors, officers, advisors, and payables and receivables consultants dedicated to designing and delivering tailored solutions and an … [More]
Goodyear’s City Manager Retires, Interim Named
Wynette Reed announced her retirement in October, capping a public service career that has spanned more than 39 years. During her tenure with The City of Goodyear, she has helped guide the city through transformative growth, strengthened organizational excellence, and remained steadfastly focused on delivering high-quality services to residents. As she prepares to step away … [More]
Lucid Reveals New Midsize Platform and Purpose-Built Robotaxi Concept
Lucid Group, Inc., maker of software-defined vehicles and technologies, announced a comprehensive financial and product strategy designed to scale its business, accelerate its path to profitability and positive free cash flow, and extend its technology leadership into higher volume premium segments of the global automotive market. At Lucid's investor day in New York, the … [More]
Prop 479 Transportation Plan Kicks Off with Loop 303–I-17 Interchange
Proposition 479, the future of transportation in the region, was celebrated by state and local officials, the business community, and transportation infrastructure partners. Prop 479 is the continuation of an existing, dedicated half-cent sales tax in Maricopa County to fund transportation. The half-cent sales tax was first established by voters in 1985, with the approval of … [More]
Valley Data Center to be Acquired with Plans for Major Expansion
RadiusDC, a provider of highly connected, innovative and resilient data center solutions, announced that it has entered into a definitive agreement to acquire the Phoenix data center and colocation business of phoenixNAP, located in Phoenix, Arizona. The transaction is expected to close in the second quarter of 2026, subject to customary closing conditions and regulatory … [More]
Hospitality-Focused Design Studio Marks 10 Years with Rebrand
After a decade of shaping some of Arizona’s most recognizable restaurants, cafes and social destinations, Phoenix-based hospitality design studio House of Form is celebrating its 10-year anniversary with a strategic rebrand and sharpened focus on luxury hospitality and integrated brand design. Founded in 2016 by Dala Al-Fuwaires, House of Form began as a one-person studio and … [More]
North Phoenix Townhome Community Reopens after Major Remodel
At the northern edge of Phoenix, where desert trails give way to city access, Views at The Peak has quietly entered a new chapter. Kinella Capital, LLC has completed a comprehensive remodel of the North Phoenix townhome community, repositioning the property through intentional design, operational control, and a long-term vision for the surrounding neighborhood. Led by … [More]
North Scottsdale Luxury Condos Near Sellout as New Phase Launches
Atavia, the 88-unit luxury condominium community by Chicago-based Belgravia Group, has reached a major milestone with phase one officially under roof and nearing sellout. With this milestone, phase two is now fully released, offering a new opportunity for buyers to secure a residence. Construction remains on schedule, with initial move-ins expected by winter 2026. Upon … [More]
Phoenix Aero Firm Debuts Engine for Autonomous Combat Drones
A new breed of engines will power next-generation Collaborative Combat Aircraft that will fly high-risk missions in contested environments. CCA engines will need to be efficient, reliable and affordable to meet the specific needs of these highly autonomous aircraft meant to fly as “loyal wingmen” alongside conventional crewed military fighters. Honeywell Aerospace, the … [More]
Formula 1 Returns to the Valley: What to Know
The City of Phoenix is preparing to host the high‑energy Red Bull Showrun, a free, family‑friendly Formula 1 demonstration on March 14. The event will temporarily impact traffic in the downtown area, and residents and visitors should be aware of several important street closures and transit adjustments. Jefferson Street from 3rd Street to 5th Street, along with surrounding … [More]
Organic Grocer Backs Major Solar and Battery Project in Maricopa County
Schneider Electric, a global energy technology leader, and Sprouts Farmers Market, Inc., announced a landmark Tax Credit Transfer in collaboration with U.S. Bank, and Longroad Energy. This agreement advances the Sun Pond Solar + Battery Energy Storage System project in Maricopa County, Ariz. – home to Sprouts’ headquarters – and represents a significant step toward driving … [More]
New Restaurants, Retail Join Walkable Downtown Queen Creek Development
Creation, in partnership with Horizon Real Estate Ltd., today announced a new wave of tenants coming to The Switchyard, Queen Creek’s first walkable downtown district, as construction continues to gain momentum across the 10-acre mixed-use development at Ellsworth and Ocotillo roads. Newly signed tenants Bamboo Sushi, ROOM and PORCH, Zara Nail Bar and Edward Jones will … [More]
Aerospace Firm Triples US Repair Capacity with New Mesa Engine Overhaul Facility
Essential Turbines, a Rolls-Royce Authorized Maintenance Repair & Overhaul Center, announced the opening of its new Mesa, Arizona facility—a purpose-built MRO location that triples the company's U.S. capacity for M250 and RR300 turboshaft engines. The modern facility replaces ETI's temporary Phoenix-area location and provides dedicated infrastructure for engine overhaul, … [More]
