Tesoro Venture Capital announced landmark startup initiatives in Phoenix, AZ, where it will serve as the lead operator to oversee accelerator programs and design-center operations. Tesoro Venture Capital will collaborate closely with industry partners, including Amkor, Cadence and TSMC, as well as the City of Phoenix and Greater Phoenix Economic Council, to drive the growth of … [More]
SBA to Waive Loan Fees for Small Manufacturers in 2026
The U.S. Small Business Administration announced that it would waive most upfront fees for small manufacturers in fiscal year 2026. With the fee burden reduced, the SBA will empower more small manufacturers (NAICS 31-33) with the capital to increase hiring, growth, and production – and to reshore jobs, supply chains, and national security. For 7(a) manufacturing loans … [More]
Publicly Traded Phoenix Golf Co. Announces Acquisition
The Marquie Group, Inc. announced that it has entered into a purchase agreement with GETGOLF.COM marking a new era for the Company. Under the agreement, TMGI CEO Marc Angell will transfer control shares to GETGOLF.COM and its CEO, Jeff Foster, a highly accomplished veteran in the Golf and Hospitality Industry. The transition is expected to occur swiftly upon completion of … [More]
Mesa Aviation Expansion Moves Forward with 36,000 SF of Hangars and New FBO
Arizona-based commercial and industrial contractor Primak Construction Group, and Cunningham Aviation, have broken ground on a ground up project for Cunningham’s services at Falcon Field in Mesa with the addition of a new aircraft hangar building, and a new Fixed Base Operations (FBO) building. The new ground-up project will sit on 3.3 acres and will feature 36,000 square feet … [More]
Modular Apartments Open Near Loop 202 as Prefab Housing Expands in Valley
Tudo Capital, an innovator in modular housing, announced the completion of its first project, “Stacks on Polk”, a 19-unit modular building in Phoenix made of 45 recycled shipping containers. The modules were fabricated in Tudo Capital’s factory in Hermosillo, Mexico, then shipped to Phoenix fully certified and compliant with the latest Phoenix International Building … [More]
Downtown Phoenix Adds 60 Affordable Senior Apartments, with 60 More to Come
Pennrose, Butler Housing Company, CBC Financial Corp, the City of Phoenix, the Arizona Department of Housing, and project partners gathered today to celebrate significant progress on Garfield Terrace, a $57 million, multi-phase development bringing 120 high-quality, affordable senior apartments to Downtown Phoenix’s Garfield Historic District. The event commemorated the grand … [More]
East Valley Housing Expands with Walkable San Tan Valley Community
KB Home, one of the largest home builders in the U.S., announced the grand opening of Bella Camino Traditions, a new community situated in desirable San Tan Valley, Arizona, which provides the perfect blend of small-town charm, outdoor adventure and picturesque desert landscapes. The new homes are designed for the way people live today, with popular features like modern … [More]
Groundbreaking Launches 88-Unit Condo Project in North Scottsdale’s Emerging Luxury Corridor
Construction is officially underway on Atavia, an exclusive 88-unit luxury condominium community by the renowned Belgravia Group, a Chicago-based developer with more than 75 years of award-winning residential expertise. Nestled in the heart of North Scottsdale’s emerging luxury corridor, just north of Loop 101 and east of Scottsdale Road, Atavia marks the newest chapter in the … [More]
Arizona Leaders of the Year Selected with Reception Set for Paradise Valley
Leslie Motter and Terry Goddard have been named the 76th Arizona Leaders of the Year, formerly known as Man & Woman of the Year. Honored for their dedication to tackling Arizona’s most pressing challenges, deep record of community engagement, and embodiment of Valley Leadership’s Principles of Doing, Motter and Goddard exemplify the spirit of servant leadership driving … [More]
Energy Storage Developer Acquires West Valley Battery Project
GridStor, a developer and operator of utility-scale battery energy storage systems, announced today that it has acquired the 100 MW / 400 MWh White Tank battery storage project in Arizona from Strata Clean Energy. The project will be operated via a 20-year tolling agreement with Arizona Public Service (APS), the state’s largest electric utility serving approximately 1.4 … [More]
420K+ SF Mesa Industrial Campus Reaches 100% Occupancy
Cushman & Wakefield announced that Centris Industrial at Mesa, a newly constructed two-building Class A industrial project totaling 421,682 square feet owned by Outrigger Industrial has reached 100% occupancy. Delivered in late 2024, the two-building project is situated at the highly visible corner of Pecos Road and 80th Street in Mesa, Arizona. The property represents … [More]
22,000-SF Recreation & Wellness Hub Breaks Ground in Buckeye
Teravalis, a Howard Hughes Community, broke ground on Echo Community Center, a 22,000-square-foot recreational and wellness hub that will anchor the community’s first village, Floreo. Local officials, community leaders, development partners, and stakeholders gathered for the ceremonial groundbreaking for the center, which is set to open in early 2027. Echo Community … [More]
AI-Enabled Water Operations Center Launches in Scottsdale
Veolia opened its first Hubgrade Center in North America, a digital command center that combines human expertise with the power of real-time data and artificial intelligence to deliver top-quality water and wastewater treatment at Veolia-operated facilities across the western United States. This Hubgrade Center allows communities of any size to benefit from Veolia’s … [More]
Executive Order Seeks Faster Permitting for Energy Projects
Governor Katie Hobbs signed an Executive Order 2025-13 to cut red tape, unlock Arizona’s energy potential, and deliver lower energy costs for Arizonans. The Executive Order directs State Land to develop a report within 30 days outlining proposals to streamline and expedite processes for energy infrastructure development on state land. State Land will also be directed to … [More]
Five-Year ASU-Shamrock Farms Agreement Expands Athlete Nutrition and Career Pathways
Shamrock Farms announced a 5-year multi-tiered partnership with Arizona State University, and Sun Devil Athletics, a Division 1 leader in collegiate athletics, on a national scale. Additionally, the partnership connects Shamrock's powerful presence as one of Arizona's largest homegrown companies with ASU's W. P. Carey School of Business. This partnership reflects a shared … [More]
State Partners Ink I-17 Dark-Fiber Lease with Cox to Connect Schools & Libraries
eX² Technology, a Vivacity company, in partnership with Arizona Department of Transportation and the Arizona Commerce Authority, announced the successful execution of an agreement with Cox Communications to lease dark (unlit or unused) fibers along ADOT's I-17 right of way. The 20-year Indefeasible Right of Use agreement with Cox marks another key milestone in Arizona's … [More]
Data Center Cooler Manufacturer Expands Operations in Mesa with 330,000-SF Site
XNRGY, a leader in thermal management solutions, announced the construction of a brand-new, 330,000 sq ft facility dedicated to producing its next-generation air-cooled chiller. This cutting-edge chiller will integrate XNRGY's proprietary controls and artificial intelligence (AI) with industry-leading Copeland technology for unparalleled efficiency and performance. This … [More]
Gilbert-Based Construction Co. Names President
Gilbert-based construction company, Benson Construction, INC., announced the appointment of Courtney Dunlap as President. In his new role, Dunlap will oversee strategic growth initiatives, operational efficiencies, and client relationship development as the company continues to expand its footprint across the Southwest. As President, Dunlap will focus on enhancing … [More]
