Bettors in Arizona wagered over $609 million on sports in February of 2023, according to a new report by the Arizona Department of Gaming. This represents nearly a 24% increase when compared to February of 2022. “The second month of 2023 saw significant levels of sports betting in the state, with over $117 million more when compared to February of 2022,” said Jackie Johnson, … [More]
Global Transportation and Shipping Co. to Open Office in Tempe’s New 777 Tower
MSC Mediterranean Shipping Company, a global leader in transportation and logistics, announced plans to open its new MSC Tempe office, expanding the company’s network of locations across the United States. Located on the Arizona State University (ASU) campus, construction of the state-of-the-art 777 Tower is set to be completed by Spring of 2024. The 28,302-square-foot space … [More]
Scottsdale-Based Luxury Homebuilder Earns Coveted Gold Nugget Honors
It’s award season, and Camelot Homes has learned they are a Gold Nugget Award (GNA) of Merit winner in four categories of the 2023 Gold Nugget Awards. The annual competition honors architectural design and planning excellence and draws entries from throughout the United States and internationally. Camelot Homes earned its Merit honors for Paradigm, which was honored for Best … [More]
Luxury Condominium Community from Chicago Developer Breaks Ground in North Scottsdale
Belgravia Group, Chicago’s award-winning real estate developer, has announced the groundbreaking of Portico, the highly-anticipated luxury condominium community featuring 112 homes located just northeast of Scottsdale Road and the Loop 101. Sales of the two-, three-, and four-bedroom condominiums have been strong, with nearly 50% of the project already sold. Initial … [More]
Self Storage Sales Market Stays Strong with $10B in Sales, Still Attracting Investors
The self storage market, typically a haven for savvy investors, remained high in 2022. More than 73.4 million square feet of storage space traded last year, for a combined total of $10 billion. That’s according to our most recent industry sales report in which we wanted to gauge the state of the sales market and sought to identify the top self storage markets based on … [More]
Another Industrial Facility Breaks Ground in the Heart of the West Valley Market
Mohr Capital and Rosewood Property Company have kicked off construction on West Summit Logistics Park, in Surprise, Arizona. The logistics park will consist of two Class-A industrial buildings totaling 704,472 square feet across 46 acres of land. “Summit Business Park will sit in a prime location in one of the best markets in the country,” said Bob Mohr, chairman of Mohr … [More]
International Law Firm Finds New Home on Camelback
Perkins Coie, a leading international law firm headquartered in Seattle, has signed a long-term lease for a new office location in Phoenix, Arizona. The law firm will occupy 30,955 square feet at Camelback Esplanade, a Class-A project located at 2525 East Camelback Road in central Phoenix that will be undergoing a significant upgrade and renovation that began this … [More]
Luxury Multifamily Community Breaks Ground in Downtown Mesa
Multifamily real estate development firm, Pride Ventures, LLC, broke ground on Ovio at Sycamore Station, a new luxury multifamily rental community in Mesa, Ariz. John Giles, Mayor of the City of Mesa, Francisco Heredia, Vice Mayor of the City of Mesa, and other key community partners were in attendance. Ovio at Sycamore Station, located at 1836 W. Main Street, Mesa, AZ … [More]
$500M Industrial Park Breaks Ground, Will Be the First Phase of the Mixed-Use Development
Greystar Real Estate Partners has broken ground on Caliber, a 411,918-square-foot industrial park in Peoria, Ariz. The project is part of Peoria Place, a $500 million, mixed-use master plan that also includes residential and retail space. Caliber’s construction took off as the developer recently received a construction loan of $38.8 million from First Internet Bank … [More]
First Telecommunications Business Customer Joins APS’s Green Power Partners Program
Cox Communications has become the first Arizona Public Service Co. (APS) telecommunications business customer in APS’s Green Power Partners Program (GPP). By purchasing solar renewable energy from the Green Power Partners Program, Cox will vastly decrease reliance on fossil fuels, achieving 100% renewable supply for all our Cox facilities served by APS across Arizona. This … [More]
Desert Donuts Gets a Sweet Makeover
Desert Donuts announced it was under new ownership as of February 27th, 2023, and has been celebrating its grand reopening. Proudly veteran-owned by Michael Gallegos, Desert Donuts is known for its delicious cake donuts freshly made for each daily customer. This made-to-order approach ensures that the store never runs out, while customers always receive warm, fresh donuts every … [More]
Phoenix Names Transit Center for Former Councilmember Thelda Williams
The City of Phoenix is naming a new transit center, currently being built at Metrocenter, for former District 1 City Council Member and Mayor Thelda Williams. The transit center will be located under the elevated light rail station – currently under construction - as part of the Northwest Light Rail Extension Phase II (NWEII) project. Former Councilmember Williams served on … [More]
100-Bed Transitional Housing Facility for Unhoused Seniors Breaks Ground
The Society of St. Vincent de Paul Phoenix held a groundbreaking ceremony for its next temporary housing facility, Ozanam Manor II, which will offer 100 beds for unhoused seniors, veterans and adults with disabilities on the nonprofit’s main campus at 2120 S. 3rd Dr. The ceremony comes ahead of construction expected to start later this summer. The new 50,000-square-foot … [More]
Community College and Chamber Partner to Create Tempe Workforce Skills Accelerator
Rio Salado College and the Tempe Chamber of Commerce will host an event Friday, May 5, to unveil a new partnership designed to address workforce skills gaps in Tempe. The partnership will establish the Tempe Workforce Skills Accelerator program, which will offer three microcredentials to Tempe Businesses, to upskill their workforce. Through the Tempe Chamber & Tempe … [More]
Workforce Organization Expands to Arizona, Launches Connect to Work AZ
Skills for America’s Future joined with the Greater Phoenix Chamber Foundation to announce the launch of “Connect to Work AZ, powered by Skills for America’s Future” as part of its national expansion campaign. Over the next 10 years, Skills seeks to open 25 sites to bring a proven method for addressing persistent unemployment into disinvested communities and communities of … [More]
Chamber Rebrands to Better Reflect Mission
The Phoenix Metro Chamber of Commerce announced that it will now be known as The Empowerment Networking Organization (ENO). The organization says that the name change comes as a result of a strategic rebranding initiative aimed at better reflecting the organization's mission and values. ENO is a membership-based organization dedicated to empowering individuals and businesses … [More]
Imaging Group Reaches Long-Term Agreement with Healthcare Insurer
Sonoran Radiology, a Radiology Partners-affiliated practice, and Blue Cross and Blue Shield of Arizona have reached a new long-term agreement that will immediately restore BCBSAZ’s members’ in-network access to their Sonoran Radiology imaging providers. As of January 1, 2023, a new agreement is in place between the radiology group and insurance company. This agreement … [More]
Luxury Multifamily Development Co. Finishes First Arizona Project
GCON Inc., an Arizona-based, full-service construction management firm, is putting the finishing touches on a first-of-its-kind project in Arizona. Town Deer Valley, a 388-unit luxury multifamily development, is the first project in Arizona for the Related Group, one of the leading developers of luxury apartments, condominiums, and hospitality projects in the country. Town … [More]
