$59B Over a Decade: Banner-UA Alliance Fuels Jobs, Care, and Research

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The Arizona Board of Regents convened leaders from the organizations to speak about the significance of this decade of partnership, and to share their vision for the decade ahead. The gathering included the publication of a new report indicating the economic impact of the tripartite agreement to expand medical education, advance clinical research and innovation and elevate and … [More]

Black Rock Partners with Modular Builder to deliver 20+ New Locations in 2026

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Russo Modular today announced a major partnership with Black Rock Coffee Bar to deliver an estimated 20-30 modular buildings throughout 2026. The collaboration, which began with several successful projects before Black Rock's recent public offering, represents the type of relationship that's transforming how we approach commercial construction. "Black Rock wanted … [More]

Phoenix Energy Tech Co. Secures $33M Cross-Border Licensing Deal

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FlooidCX Corp. Quantum Energy Corporation, worldwide exclusive licensee and manufacturer of transformative Direct Energy Systems for the direct generation and distribution of electrical energy, announced it has executed a Standstill Agreement which will include an Exclusive Manufacturing and Licensed Distribution Agreement with CONSTRUCTORA ELÉCTRICA LATINOAMÉRICA, located at … [More]

Carvana Joins Consortium Safeguarding R&D from from Patent Trolls

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Carvana, an industry pioneer for buying and selling used cars online, announced that it has joined LOT Network, a global consortium of companies committed to protecting innovation by deterring frivolous litigation from patent assertion entities. Carvana develops most of its technology in-house, from its online purchase platform to systems powering merchandising and … [More]

Family-Owned Italian Chain Overhauls Flagship Location with New Market and Modern Design

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More than two decades after first opening its doors in 2002, Babbo Italian Eatery is expanding its original Arrowhead location — the restaurant where it all began. What started as a cozy 22-seat, bring-your-own-bottle neighborhood eatery has evolved into a 5,000-square-foot dining destination featuring a full private dining room, expanded bar, wine wall, updated patio, and the … [More]

Valley Flight Training Center Pens Training Agreement with US Airforce

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AeroGuard Flight Training Center, a leading provider of flight training with over 25 years' experience training professional pilots, is excited to announce a new program with the United States Air Force to provide high-quality training for its student pilots. Through this agreement, AeroGuard will provide the initial flight training for Air Force pilots, equipping them with the … [More]

Case Study: Rio Salado Partnership Delivers Virtual Support Community, Improves Outcomes

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Rio Salado College, one of the nation's largest online public colleges, has had over four years of success with RioConnect, its pioneering virtual community that fosters peer-to-peer connection and belonging in online learning. Built in collaboration with InScribe, RioConnect has scaled from an initial pilot into a central hub of student life, with tens of thousands of members … [More]

Valley Real Estate Brokerage Surpasses $1B in Sales

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Arizona-based luxury real estate brokerage America One announced they have surpassed $1,000,000,000 in sales volume since 2018, marking a defining achievement for the firm and for 2 of the 5 Co-owners Maximilian de Melo and Patrick Niederdrenk, who have quickly become two of the most recognized names in Arizona's high-end real estate market. Owned and … [More]

Credit Union Expands Valley Footprint with Two New Locations

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OneAZ Credit Union has officially broken ground on its newest branches in Peoria and Surprise, marking an exciting milestone in the organization’s statewide growth. Designed in partnership with NewGround International, these innovative locations will serve as community hubs where Arizonans can connect, learn, and grow — far beyond traditional banking. "Breaking ground on … [More]

Community-Focused Retail Arrives at Eastmark, Construction Underway

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Common Bond Development Group, the award-winning development team behind the world-renowned Global Ambassador Hotel, Park at 83 in Peoria, and a wide portfolio of best-in-class lifestyle destinations anchored by Fox Restaurant Concepts and Upward Projects, has officially broken ground on Eastmarket at Eastmark, a new, community-focused retail destination in the heart of Mesa’s … [More]

Valley Philanthropy Group Donates $250K to Banner Children’s Clinics and Healthmobile

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The Scottsdale Saguaros have granted $250,000 to the Banner Health Foundation to support the Banner Children’s Community Clinics in Mesa and Tolleson as well as the Banner’s Children’s Healthmobile, which brings free primary care to uninisured children. The service group, which raises funds for numerous childrens’ charities throughout the Phoenix area, recently presented … [More]

Real Estate Firm Led by Jerry Colangelo Names Co-CEO

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JDM Partners, one of the Southwest's premier real estate acquisition, development, and management companies, announced the appointment of banking industry veteran Torry Berntsen as Co-Chief Executive Officer, effective immediately. In this role, Mr. Berntsen will serve alongside current Chairman and founding partner Jerry Colangelo, current CEO and founding partner Mel Shultz … [More]

$50M Project to Deliver Modern Retail and Entertainment Core in Laveen

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Diversified Partners, one of Arizona’s leading real estate brokerage and development firms, has announced plans for Williams Station, a new entertainment-anchored development coming to the northeast corner of Loop 202 and Dobbins Road in Laveen. The $50 million project will feature a mix of retail, dining and entertainment uses in a walkable, desert-inspired setting that … [More]

Bay Area Builder Buys Phoenix Contractor, Targeting Data Center Experience

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Webcor LP, a full-service commercial builder headquartered in San Francisco, announced the acquisition of GCON, a construction management firm based in Phoenix. The transaction is expected to close in Q4 2025, subject to customary closing conditions and regulatory approvals. This strategic relationship enables Webcor to leverage GCON’s expertise in critical environments – … [More]

$825M Secured to Deliver New Solar Capacity and Grid-Scale Storage to Valley

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Recurrent Energy, a subsidiary of Canadian Solar Inc. and a global developer, owner, and operator of solar and energy storage assets, today announced it has closed $825 million in construction financing and tax equity for its Desert Bloom Storage and Papago Solar facilities. Nord/LB, Mitsubishi UFJ Financial Group, Inc., CoBank, and Siemens Financial Services provided the … [More]

WebPT Names New CFO, Taps Former VP of Finance

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WebPT, the leading rehab therapy platform designed to help practices power efficiency, grow revenue, and manage every aspect of their practice, today announces the appointment of Carson Ure as its new chief financial officer. Ure has been with WebPT since December 2023 and previously served as Senior Vice President of Finance. "Having Carson step into the role of CFO is a … [More]

Developer Breaks Ground on 80K SF Medical Campus in Peoria

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Irgens, a national developer specializing in healthcare, commercial, industrial and mixed-use real estate, broke ground on Cielo Vista Medical Commons, a new, two-phased medical office building development located at 26425 North Lake Pleasant Parkway in Peoria, Arizona. The project will deliver up to ±80,000 rentable square feet across two buildings on a 6.6-acre site. Cushman … [More]

Western Alliance Partners with Clover to Accelerate 55+ Housing Development

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Western Alliance Bank’s Multifamily Housing Finance Group announced a strategic alliance with Clover Lending Group, an integrated asset management, development and property management company specializing in affordable senior living and other multifamily communities. Clover Lending Group is nationally recognized for its vertically integrated model, which spans development, … [More]

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