Luxury Multifamily Development Co. Finishes First Arizona Project
GCON Inc., an Arizona-based, full-service construction management firm, is putting the finishing touches on a first-of-its-kind project in Arizona. Town Deer Valley, a 388-unit luxury multifamily development, is the first project in Arizona for the Related Group, one of the leading developers of luxury apartments, condominiums, and hospitality projects in the country. Town Deer Valley […]
Phoenix Children’s Opens Avondale Campus, Names Leadership Team
As Phoenix Children’s prepares to open a freestanding emergency department in July 2023 in Avondale, Ariz., the pediatric healthcare system announced The Phoenix Children’s–Avondale Campus‘ clinical leadership team. Christina Conrad, DO, a pediatric emergency medicine specialist, will serve as medical director and Theresa Asta, RN, MSN, CPEN, CPN, will serve as clinical manager. “As medical providers, […]
Arizona Ranks Top 5 in the Nation for Business, Innovation
Arizona’s business environment and innovation ecosystem have earned top accolades. Arizona ranked in the top 5 in Chief Executive Magazine’s list of “Best States For Business,” the second year in a row Arizona has placed in the top 5, based on a survey of nearly 700 CEOs and business owners in all 50 states. Arizona […]
Nikola Strategic Partnership on Hydrogen Infrastructure to Fund Up to 50 Stations
Nikola Corporation, a global leader in zero-emissions transportation and energy supply and infrastructure solutions, via the HYLA brand, and Voltera, a leading provider of critical infrastructure necessary to support the full decarbonization of transportation, announced a definitive agreement to develop the hydrogen fueling infrastructure required to support Nikola’s deployment of its innovative zero-emissions vehicles. Through this […]
March U.S. Annual Home Price Growth Dips to Lowest Rate in More Than a Decade, Says Report
CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, today released the CoreLogic Home Price Index (HPI™) and HPI Forecast™ for March 2023. U.S. home price growth fell to 3.1% in March, the lowest rate of appreciation since the spring of 2012. While home price growth rose for the 134th consecutive month, it […]
New Restaurant Opens in Gilbert’s Epicenter at Agritopia
Spinato’s Pizzeria & Family Kitchen is expanding its presence into the East Valley, with a new, modern restaurant opening in Gilbert’s Epicenter at Agritopia. Epicenter is an exceptional residential and retail destination in the heart of Agritopia, the highly regarded vertical mixed-use development that has redefined the community of Gilbert. Spinato’s will officially open at […]
Golf Club Closes for Greens and Bunker Renovation Project
Power Ranch Golf Club, owned by Thompson Golf Group, is closing its doors from May 15 to early September to complete an ambitious renovation. Led by Gary Brawley Design, the project will culminate in new greens that are easier to maintain, provide expanded areas for pin locations and create a more enjoyable and playable experience. […]
Banks Combine to Create the Largest Community Bank Headquartered in Arizona
Bancorp 34, Inc., the holding company of Bank 34, and CBOA Financial, Inc., the holding company of Commerce Bank of Arizona, today jointly announced the signing of a definitive merger agreement to combine and form the second largest bank headquartered in Arizona. Under the terms of the definitive merger agreement, Commerce shareholders will receive 0.24 […]
Virtus Pays $49M for Phoenix Medical Office Building in The Grove on Camelback
Virtus Real Estate Capital has acquired Banner Health Center Plus at The Grove, a 70,000-square-foot medical office building in Phoenix, for $48.5 million. The previous owner was RED Development, according to CommercialEdge data. JLL represented the seller. According to the same source, the property was subject to a construction loan of $30 million in 2021, […]
First-of-Its-Kind Partnership Brings Tempe a New World-Class Hotel
Omni Tempe Hotel at ASU brings a new brand of hospitality to the city while adding more than 330 guest rooms and a dynamic mix of restaurant, bar, and events spaces – and is now open. “We are thrilled to be a part of this exciting time of growth and change in the Tempe community,” […]