economic development

Data center developments has taken off around the country. Recent data from JLL shows construction increasing from 611.8MW at the end of 2020 to a First Half 2021 volume of 680.8MW. The record pipeline was …

By Andrea Davis CRE  Companies across the U.S. are packing up their businesses and flocking to Arizona.  With its high-skilled talent pipeline, affordable cost of living, and lower taxes than neighboring states, Arizona – and primarily Metro …

By City of Tempe  The City of Tempe has been working with the community since March to create a character area plan for north Tempe. Now, a draft of that plan is ready for review.   A character area plan is …

By Mescal Movie Set The Mescal Movie Set, the home to the movies “Tombstone,” “The Quick and the Dead,” and more than 80 other westerns, was recently acquired by local ranchers and saved from destruction. …

By Jeanine Jerkovic for City of Surprise  When you’re a city called “Surprise,” it’s safe to say that constant change is a bit of a norm, however 2020 accelerated more change than ever for us – and somewhat …

By Wayne Schutsky for Scottsdale Progress  Scottsdale has reached a preliminary agreement with Axon to reimburse the body camera manufacturer over $9M in infrastructure costs and other expenses connected to the planned expansion of its headquarters in Scottsdale.  The …

By Rebekah Morris for AZBEX  The diversity of East Valley cities was on full display at the August 12th, 2020 Leading Market Series discussion hosted by BEX. Economic development directors from the cities of Mesa and Scottsdale, along with the Town of …

By Corina Vanek for Phoenix Business Journal  The City of Avondale is seeking ideas from private developers about how to best develop 34 acres of city-owned land into a mixed-use development with office, hospitality, retail, …

By Erin Thornburn for AZ Big Media  Remember the lyrics from Janet Jackson’s “Love Would Never Do (Without You)?”  “They said it wouldn’t last. We had to prove them wrong … There’s no easy explanation for it. …

By Suzanne Adams-Ockrassa for Pinal Central  Another electric vehicle company was scouting for locations for a factory and technical center in Arizona last week and Casa Grande was on its list of spots to check out.  Electra Meccanica, a …

By Catherine Reagor for The Arizona Republic Metro Phoenix is expected to grow by 1 million people during the next decade. That will be like adding a city the size of San Jose, CA or …

By Roland Murphy for Arizona Builder’s Exchange Despite ongoing challenges and concerns in various parts of the Valley, the economic growth generated as a byproduct of the Light Rail’s introductions and various expansions have proven …

By Roland Murphy for Arizona Builder’s Exchange Arizona’s strength as a leading construction industry market got another boost this week, as it landed in third place among the 50 states and the District of Columbia …

By Roland Murphy for Arizona Builder’s Exchange Long an icon of stalled hopes for renovation and redevelopment in Central Phoenix, the area around Park Central Mall continues to blossom into one of the city’s most …

By Rofida Khairalla for Coolidge Examiner Saint Holdings, a Pinal County land holding corporation, has big plans for Coolidge. At Wednesday’s Chamber of Commerce luncheon, Matthew McCormick, VP of acquisitions for Saint Holdings LLC, presented …

By Jesse A. Millard for AZ Big Media Phoenix Mayor Greg Stanton touted the most recent milestone reached on a $200M ASU-Mayo Health Solutions Innovation Center during his final State of the City Address Tuesday. …

By Mike Sunnucks for Phoenix Business Journal The Arizona Legislature is again looking at property tax breaks cities give to developers and businesses. That includes changing the rules that govern them and restricting them. Conservatives …