In 1935, the city of Phoenix purchased Sky Harbor Airport. The airport has grown from being known as “The Farm" to one of the nation's busiest, most innovative, and most friendly airports. In fact, America's Friendliest Airport® is always looking for ways to elevate the passenger experience, and as part of the kick-off to a year-long celebration of activities to commemorate the … [More]
Culture Corner Debuts at Sky Harbor International Airport
Unique space begins the Airport’s celebration of 90th anniversary
Southern California-Based Real Estate Investment Firm Expands into Phoenix Market with Small-Bay Industrial Acquisition
Captiva Partners, a real estate investment and operating firm specializing in industrial and flex properties across the West Coast, is proud to announce the off-market acquisition of a 40,075-square-foot multi-tenant small-bay industrial property located at 2209-2211 W 1st St in Tempe, Arizona, marking its entry into the Phoenix market. Captiva plans to rebrand the property … [More]
Pending Home Sales Fell the Most Since 2022 in December as Mortgage Rates Jumped
Pending home sales fell 4.5% month over month in December on a seasonally adjusted basis—the largest decline since October 2022—and dropped 2.3% year over year. That is according to a new report from Redfin, the technology-powered real estate brokerage. Homebuyer demand dipped at the end of the year because mortgage rates jumped. After inching downward at the … [More]
SBA Strengthens Small Business Community Lending Network
The U.S. Small Business Administration (SBA) announced additions to the Community Advantage Small Business Lending Company (CA SBLC) program. The SBA is adding more nonprofit organizations to the program to assist underserved markets. The Biden-Harris Administration’s updates further increase 7(a) loan access to veterans, women, rural areas, and low-to-moderate income … [More]
Arizona Cardinals and SRP Score $42,000 for Educators
While the Arizona Cardinals’ season has come to a close, Arizona teachers have a reason to celebrate. Thanks to the Touchdowns for Teachers program, each touchdown scored allowed two teachers to receive $500 grants. This year, the Cardinals' 42 touchdowns translated into $42,000 for Arizona classrooms. This grant from the Cardinals and SRP has given my students opportunities … [More]
Chicago-Based Specialty Bakery Co. Acquires Phoenix Mexican Pastry Manufacturer
Strategic Addition to Sweetmore Portfolio Expands Business into New High Growth Category
Sweetmore Bakeries announced that it has completed an acquisition of Azteca Bakeries, a wholesale manufacturer of authentic Mexican pastries and baked goods based in Phoenix. The acquisition of Azteca will add to the already expansive set of premium products offered by Sweetmore Bakeries across retail and foodservice channels. Azteca is headquartered in Phoenix, Arizona, … [More]
Expansion of Shopping Center Brings New Wellness Studios to Glendale
YAM Properties is expanding its Glendale shopping complex Citadelle Center with three new wellness and retail tenants heading into the new year: The Foundry Yoga, Rejuvenate Mind Body and Bella Lily Bridal. “We’re thrilled to elevate the Citadelle Center with upscale wellness and retail options for customers,” said Marta Kenny, director of operations for YAM Properties. “Each … [More]
Two Fox Restaurant Concepts to Open at Tempe’s Novus Place
Fox Restaurant Concepts is kicking off the new year with two highly anticipated debuts at Novus Place in Tempe, bringing fresh, feel-good food alongside vibrant Sonoran-style Mexican cuisine. Flower Child will open its doors on Feb. 4, followed by Blanco Cocina + Cantina on Feb. 5. Flower Child and Blanco will stand side by side, offering Novus Place visitors everything from … [More]
Credit Union Makes over 900 Refurbished Laptops and PCs Available to Employees, Nonprofits
In 2024, Arizona Financial Credit Union made a significant community impact by donating over 920 refurbished laptops and PCs to local nonprofits and the credit union’s employees. These donations not only support the missions of the chosen nonprofit organizations but also contribute to reducing electronic waste, showcasing the credit union’s dedication to sustainability and … [More]
Scottsdale Recovery Center Opens New C.A.R.E Academy
Scottsdale Recovery Center announced the recent licensing of its C.A.R.E academy program, a new initiative dedicated to supporting holistic health and advancing health equity through community-centered resources. C.A.R.E. Academy stands for Community, Accessibility, Resources, and Education, and offers a comprehensive set of services designed to address social determinants of … [More]
Partnership Brings New Dual-Branded Hotel to CityNorth Master Plan
LaPour Partners and Holualoa Companies closed on the land and secured planning approval for a new dual-branded AC Hotel by Marriott and Element by Westin. The 8-story development will feature 240 guest rooms with 5,700 square feet of flexible indoor-outdoor meeting space. The AC Hotel by Marriott will offer 142 guest rooms, and Element by Westin will offer an additional 98 … [More]
Utah Extended-Stay Hotel Brand Expands into Phoenix Market
LivAway Suites and West77 Partners have announced the groundbreaking of a new extended-stay hotel in Tolleson, Arizona, marking the first step in an ambitious expansion plan for the Phoenix metropolitan area. This development is part of a broader strategy to introduce multiple locations across the market, further establishing LivAway Suites as one of the fastest-growing brands … [More]
Longtime Mexican Food Favorite Opening New Tempe Location
Macayo’s Mexican Food, the longtime traditional Mexican food brand with multiple locations around the valley, has announced it will open its new Tempe location in mid-February as the lease on its current location comes to a close. Located in the Cornerstone shopping center at 715 S. Rural Rd., this location is closer to the ASU Tempe Campus, making it even easier and more … [More]
AI-Driven Consulting Firm Launches, Identifying Opportunity for Businesses
KeenStack, the professional services consulting firm that helps companies unlock the full potential of ServiceNow, announces its official launch. With extensive operational and technological knowledge, the KeenStack team offers comprehensive solutions and services designed to help companies extract maximum value from the ServiceNow platform and drive measurable results. The … [More]
Phoenix-Based Bank to Donate $100,000 to American Red Cross to Support Communities Impacted by Southern California Wildfires
Commits $1 Billion in Loan Capacity to Help Small Businesses and Homeowners Rebuild in Impacted Areas
Western Alliance Bank announced it is donating $100,000 to the American Red Cross to help support people and communities impacted by the devastating Southern California wildfires. This donation comprises funds from the Western Alliance Community Foundation, the charitable arm of Western Alliance Bank, as well as employee contributions, which the Bank is matching. Western … [More]
Barrett-Jackson Collector Car Auction to Kick Off 2025 Event Jan. 17
LOT #1406 – 1956 MERCEDES-BENZ 300SL GULLWING COUPE – NO RESERVE Barrett-Jackson, The World’s Greatest Collector Car Auctions, is ready to kick off 2025 with an unprecedented event featuring the world’s most coveted collectible vehicles and headlined by Rock & Roll Hall of Famer Sammy Hagar performing during this year’s pre-auction “Rock The Block” concert. Renowned for … [More]
Avnet Insights Survey: Is There Endless Opportunity for AI in Product Design?
Annual survey finds engineers are unsure of where AI will make the most impact – because they see its potential everywhere
Engineers are looking at the opportunity for Artificial Intelligence (AI) in product development with cautious optimism as many are still assessing in which areas of their work AI will have the greatest impact. This is according to Avnet’s fourth annual Avnet Insights survey, which has been keeping a pulse on how engineers are responding to the market – and looking ahead – … [More]
Developer Closes on 800+ New Affordable Housing Units in Surprise and Maricopa, Addressing Arizona’s Housing Shortage
Dominium, a leading national affordable housing owner, developer and manager, recently closed on deals to acquire land for three new housing projects, providing more than 800 units in Surprise and Maricopa. In Surprise, Arterra will offer 388 affordable apartments for families and will include a clubhouse, fitness center, pool, and a playground. Orchard Springs, also in … [More]
