KORE Power, Inc. and Zero Electric Vehicles, Inc. have signed a supply agreement that ensures the availability of KORE’s certified e-mobility battery modules through 2030 to be used in ZEV’s electric powertrain kits. Under the agreement, KORE will provide more than 100,000 certified VDA modules to ZEV in 2022. That supply is expected to grow to as many as 1 million units by … [More]
Mesa Wants to Bring Digital Access to All Its Residents and Businesses, RFI Launched
Mesa is taking the first steps to bring digital access to all its residents and businesses. The City launched a Request for Information (RFI) to learn more about companies that can install and operate an open-access fiber network across Mesa. The ambitious digital plan would connect 264 thousand city premises and 2,470 street miles, providing citywide access to the fastest … [More]
Phoenix Mayor and City Council Declare Juneteenth a City Holiday
Mayor Kate Gallego and the Phoenix City Council voted Wednesday to designate June 19 of each year as a City holiday in observation of Juneteenth. Juneteenth celebrates freedom and commemorates the end of slavery in the United States. On June 19, 1865, about two months after the Confederate General … [More]
ViaWest Group Breaks Ground on Converge Logistics Center in Phoenix
Work is underway on a three-building industrial development that sits along Interstate 10 in the City of Phoenix. ViaWest Group and its building partners Willmeng Construction, Butler Design Group, and Kimley-Horn broke ground on the 512,710 square foot Converge Logistics Center on Friday, January 28. “We started working on this a while ago with the Kyrene School District,” … [More]
Tri Pointe Homes Opens Three Neighborhoods in New Southeast Valley Community
Tri Pointe Homes®, a recognized homebuilder serving the Phoenix market for approximately 30 years under the brand name Maracay®, has announced the opening of the first three neighborhoods at Madera, a 316-acre community located in the popular southeast Phoenix metro city of Queen Creek. Tri Pointe is building a total of 266 single-family homes in the Grove, Orchard and Terrace … [More]
Tucson to Phoenix Is First to Move Freight on Fully-Automated Trucking Route
TuSimple, a global autonomous driving technology company, announced that Union Pacific Railroad, the largest Class I railroad in the U.S., will become the first customer to move freight on TuSimple's fully-automated trucking route between the Tucson and Phoenix, Arizona metro areas. Union Pacific is leveraging Loup Logistics (Loup), a wholly-owned subsidiary, to coordinate the … [More]
Airbnb of Vehicle Storage Is Expanding to Phoenix
STOW IT, a Colorado-based startup that has become the leading vehicle storage provider in Denver, is expanding to Phoenix, Arizona! STOW IT is an online marketplace that connects individuals with extra space to those looking for storage for the car, boat, trailer, RV, airport, and semi storage. STOW IT works with hosts of multiple different types of spaces to accommodate a … [More]
Winning at Dodgeball: Honeywell Smart Drone Radar Avoids Collisions Automatically in High-Stakes Test
A drone piloted by the Honeywell IntuVue RDR-84K radar system has triumphed in a high-stakes game of dodgeball, repeatedly swerving around intruder aircraft in a series of tests that are key to the future of pilotless aviation. Recently conducted in the Phoenix area, the tests showed that the radar can not only detect airborne traffic but can also decide … [More]
Valley Pizza and Arcade Chain Launches To-Go Only Concept
Peter Piper Pizza, the "food, family and fun" fresh-made pizza restaurant, will introduce its new off-premise-only concept in Phoenix with the opening of the first of three Peter Piper Express locations on March 1, at 2322 E. Thomas Road, Suite 103. The brand extension comes after Peter Piper saw off-premise sales skyrocket in 2021 with strong demand … [More]
The Giving Block Releases 2021 Annual Report, Finds Tremendous Increases in Crypto Giving
The Giving Block, the leading crypto philanthropy platform for nonprofit organizations and individual donors, is releasing its annual report for 2021. As awareness, usage, and monetization of cryptocurrencies continue to grow, crypto philanthropy has emerged as an important and sustainable source of fundraising for charities, giving people greater opportunities to donate for … [More]
Phoenix Market Update: Occupancy on the Upswing
The Greater Phoenix office market closed 2021 strongly, with an 15.3 percent vacancy rate in December, according to CommercialEdge. Although vacancy ticked up 60 basis points from the previous month, the year-end rate reflects a 310 basis-point improvement from January 2021. Among comparable secondary markets, the Valley occupied middle ground: The metro surpassed … [More]
Dallas-Based Multifamily Investment Firm Buys Second Phoenix 180-Unit Property
An affiliate of The Milestone Group, a leading multifamily investment fund manager, has acquired its second multifamily asset in the Phoenix market in the last 60 days, representing approximately $100M of combined purchase price. Mandarina Apartments, a 180-unit multifamily property, was acquired through a recapitalization to further expand Milestone’s portfolio of assets in … [More]
Behavioral Health Service Co. Opens Second Location in Mesa
Scottsdale-based MIND 24-7, an emerging leader in immediate-access behavioral health services, has opened its second location in Mesa, Arizona at 1138 South Higley Road and is currently accepting youth and adult patients. Like all MIND 24-7 locations, this location will be open 24 hours a day, 365 days a year, aiming to address the urgent need for immediate access to mental … [More]
Business Warrior Launches Small Business Lending Solution
Business Warrior Corp., the source for small businesses in America to get more customers, announces the official launch of its new small business lending solution, Business Warrior Funding. The new lending solution leverages Business Warrior’s expertise and strategic partnerships to help entrepreneurs grow their business and offset the difficulties often associated with … [More]
Barrett-Jackson Helps Raise More Than $8.8 Million for Charity
Barrett-Jackson, The World’s Greatest Collector Car Auctions, raised more than $8.8 million for charity during the company’s 50th anniversary celebration at WestWorld of Scottsdale, January 22-30. Breaking the Barrett-Jackson record for the highest-selling OEM charity car, the highly anticipated 2023 Chevrolet Corvette Z06 VIN 001 – First Retail Production 70th Anniversary … [More]
Excellent Financial Strength Rating for CopperPoint Insurance Company, Stable Outlook
CopperPoint Insurance Companies, a western-based super regional commercial insurance company, announced that AM Best has affirmed the Financial Strength Rating of A (Excellent) for CopperPoint Insurance Company and its subsidiaries with a stable outlook. Alaska National Insurance Company has also been added as a new member to Best's rating for CopperPoint Insurance Group. These … [More]
Employee Retention Should Be Top Concern for Business Owners in 2022
As business analysts nationwide predict a continuation of the Great Resignation in 2022, employee recruitment will be one of the most costly – and preventable – business expenses for many companies this year, according to the turnaround management specialists at Resolute Commercial Services. “The best way to favorably impact your bottom line in 2022 is to prioritize employee … [More]
Valley Leadership Selects 15 for Inaugural Explore Program
Valley Leadership has selected 16 Arizonans to be part of the inaugural class of its new Explore program. The program takes participants out of their home communities to get to know the great diversity of Arizona and how our most pressing issues show up in rural, urban, suburban, border and Native communities. The all-alumni cohort represents a diverse cross-section of … [More]
