The Arizona Association for Economic Development announced the results of its State of Arizona Economic Development survey at its recent spring conference. AAED surveyed its membership of more than 500 economic development practitioners and those that provide goods and services from the private sector. Key takeaways from the survey include: Strong economic outlook for … [More]
Scottsdale Developer Sells Nearly 100 Acres in Florence
Empire Group of Companies recently sold 99.43 acres to DR Horton for approximately $2.5 million. The land is located in the town of Florence, situated at the northeast corner of Central Park Avenue and Highway 287 near downtown. Empire Group entitled and platted the property. The 99.43-acre parcel was platted in two phases and includes a total of 273 lots that are ready for … [More]
More Sellers Dropping Their Prices, But Buyers Find Little Relief
The share of home sellers who dropped their asking price shot up to a six-month-high of 15% for the four weeks ending May 1, according to a new report from Redfin, the technology-powered real estate brokerage. That’s up from 9% a year earlier, and represents the largest annual gain on record in Redfin’s weekly housing data back through 2015 For homebuyers, the typical … [More]
Nonprofit Receives $2 million from Arizona Department of Education
To mark Mental Health Awareness Month, the Arizona Department of Education announced $12.1 million in targeted funding for health and learning. notMYkid will be receiving $2 million to expand its prevention and behavioral health services to 50,000 youth, parents, caregivers and school faculty. These services will focus particularly on serving Title-I schools, LGBTQ youth, and … [More]
Phoenix-Based Drywall Co. Acquires Florida Co. to Meet Demand, Accelerating Expansion
Phoenix-based Paul Johnson Drywall, Inc. announces closing its investment in Vatos Drywall, a long-term and prolific residential drywall contractor based in Orlando, Florida and serving multiple markets across the state. PJD’s purchase of Vatos grows its service capacities in the region and expands secure access for residential builders to PJD’s industry-leading … [More]
Georgia Corp. Leases Arizona Facility to Bottle Water to Meet Growing Regional Demand
Hiru Corporation, a Georgia corporation, has leased its fourth facility to bottle water. The New Facility is 51,000 square feet and is located in Glendale, Arizona. It will be able to house up to five (5) new automated water bottling lines and have enough room to have a finished good storage contained therein. Additionally, there are seven (7) commercial delivery truck loading … [More]
Grand Opening Announced of Two New Communities at Popular Liberty Master Plan in Phoenix
KB Home announced the grand opening of two new-home communities at the popular Liberty master plan in Phoenix, Arizona. The homebuilder’s Traditions and Reserves communities are ideally located off West Southern Avenue, close to Loop 202, Interstate 10 and Interstate 17, and just 10 miles south of downtown Phoenix and Sky Harbor International Airport. The new neighborhoods are … [More]
ASBA Announces Arizona Speaks: What You Need to Know About Elections in Arizona
With an abundance of candidates and policy issues that stand to impact the small business community in this year’s primary and general elections, voting has become increasingly important for small businesses in Arizona. As a result, many businesses are now recognizing the significant impact policy and elected officials have on the wellbeing of their business. The Arizona … [More]
Luxury Residences Break Ground at Foot of Camelback Mountain, Most Units Sold
Ascent at The Phoenician® has officially broken ground on its next phase of development, the Mountainside Residences situated at the base of Camelback Mountain. Overlooking The Phoenician® Golf Course and located adjacent to The Phoenician®, a Luxury Collection Resort in Scottsdale, Arizona, the private, gated community of Ascent at The Phoenician® has become Arizona’s most … [More]
Arizona Firm Takes Region’s Top Honor in Federal Contracting
The U.S. Small Business Administration (SBA) named Scottsdale-based WW Associates Management & Consulting, LLC (WWA) the 2022 Pacific Region Small Business Prime Contractor of the Year. The firm was nominated by the contracting office at Ft. Huachuca in recognition of their exceptional results in contract performance, customer support and innovation. The recognition is … [More]
MLB Executive Pursues Career in Diversity, Equity & Inclusion
Arizona Diamondbacks Executive Vice President and Chief Legal Officer, Nona Lee, resigns from the organization to follow her passion to create lasting change with her work in diversity, equity and inclusion (DEI) in America's corporations, sports teams and organizations. "It's time for all of us to face the truth about diversity, equity and inclusion in our … [More]
New Laws for Real Estate Investors and Wholesalers
If you are a real estate investor or real estate wholesaler, there are new laws that will affect you. Last week, Governor Ducey signed HB 2747 into law and this new law places disclosure requirements on buyers that enter into residential real estate contracts and then assign the contracts to someone else. In short, HB 2747 applies to real estate wholesalers. Under a typical … [More]
Local Mobility Tech Co to List on NASDAQ
Atlis Motor Vehicles (ATLIS), a mobility technology company, announced plans to submit an S-1 format Form 1-A and Nasdaq Global Market application in anticipation of a public listing on the stock market. The ticker symbol “AMV” has been reserved by ATLIS on Nasdaq. Upon public listing, anticipated to occur this summer, retail investors can trade shares of ATLIS on NASDAQ as … [More]
Chandler-Based Distillery Recognized for Four Spirits, Two Ready-to-Drink Products
Chandler-based SanTan Spirits recently won big in one of the most prestigious spirits competitions in the world. SanTan Spirits won a total of six medals for its products in the 2022 San Francisco World Spirits Competition, one of the most revered awards competitions in the distilling industry and the largest spirits competition in the world. The competition is regarded as … [More]
New JW Desert Ridge Restaurant Celebrates the Local Landscape
Tía Carmen, the new signature restaurant led by acclaimed Executive Chef Angelo Sosa along with seasoned restaurant operator Mark Stone, is now open at JW Marriott Phoenix Desert Ridge Resort & Spa as part of the resort’s vision to elevate its food and beverage offerings. The contemporary Southwestern restaurant is named after Chef Sosa’s aunt (Tía) Carmen and is an … [More]
Muhammad Ali Parkinson Center Celebrates 25th Anniversary with Hope for Future Treatment
As one of the world's most comprehensive and interdisciplinary centers for Parkinson's disease celebrates its 25th anniversary, doctors at the Muhammad Ali Parkinson Center in Phoenix are predicting dramatic changes for Parkinson's disease treatment in the next quarter century. Muhammad Ali Parkinson Center physicians are hopeful for future treatments to … [More]
UTI to Acquire a Leading Provider of Healthcare Education Programs
Universal Technical Institute, Inc., a leading provider of transportation and technical training programs, has entered into a definitive agreement to acquire Concorde Career Colleges, Inc. from Liberty Partners LLC. Terms of the transaction have been disclosed in Universal Technical Institute’s Form 8-K and completion of the acquisition will occur pending customary closing … [More]
Buckeye to Get Medical Building, Adjacent the New Banner Hospital
As the booming West Valley continues to grow, the healthcare real estate community has heeded the call and is delivering. Mangat Group is developing Sundance Medical Center, which will be located at the NWC of Yuma Road and Sundance Parkway in Buckeye. The two-story medical office building will total 43,600 SF. Banner Health announced plans to build a hospital in Buckeye … [More]
