Commercial Rent Problems Surge 6%, Highest Jump in 5 Months

Mirroring recent economic turmoil in the U.S., Alignable’s March Small Business Rent Report, released today, shows that rent delinquency rates have just experienced the highest surge in five months, jumping six percentage points from 32% in February to 38% in March, a record high for 2023 so far. Rising interest rates and rents, still-high inflation, and […]

Phoenix Office of Innovation Partners with Venture Café to Host Innovation Challenge

Students and residents can now apply to participate in a hackathon and pitch competition hosted by the Venture Café Phoenix and the City of Phoenix’s Office of Innovation. Competitors will have an opportunity to develop innovative solutions that will increase access to chilled drinking water in public spaces – and compete for cash prizes. “To […]

SRP Board Selects New General Manager and CEO

Salt River Project’s Board of Directors has named Jim Pratt as the company’s new General Manager and Chief Executive Officer. Pratt will officially start his new role on May 5 to lead Arizona’s largest community-based, not-for-profit utility. “I am humbled and honored to be selected to lead SRP,” said Pratt. “It is a role steeped […]

Soaring Inflation, High Interest Rates Are Forcing Americans Into Risky Financial Moves to Make Ends Meet, Survey Finds

Record-high inflation and soaring interest rates are stretching the limits of household balance sheets, leaving many consumers to resort to extreme measures that can have long-term implications on their financial health, according to the latest study by Achieve, the leader in digital personal finance. The study, Financial Strategies for Fighting Inflation, is the latest research […]

$400 Million Hospital and Cancer Center to Be Built in Scottsdale

Banner Health is finalizing the purchase of approximately 48 acres of land on the southwest corner of Hayden Rd. and the Loop 101 freeway to build a new, comprehensive medical center and support services in the Northeast Valley of metro Phoenix. With an investment of more than $400 million, the project will include an acute […]

Banner Gateway to Open Major Expansion, Bringing More Than 600 New Jobs

Banner Gateway Medical Center will open its new, five-story patient tower and additional areas on Tuesday, March 21, doubling the size of the hospital. The $243-million project is expected to add more than 600 new jobs. The 351,000-square-foot addition includes an expanded Women and Infant Services Unit, added space for inpatient cancer care by Banner […]

Nikola to Complete Battery Manufacturing Move from California to Arizona

Nikola Corporation, a global leader in zero emission transportation and energy supply and infrastructure solutions, via the HYLA brand, today announced that the move to transition battery manufacturing from Cypress, Calif. to its Coolidge, Ariz. manufacturing facility is expected to be complete by April 2023, months ahead of the original schedule. The ability to expedite […]

International University Launches School of Nursing and Health Sciences in Phoenix

Alliant International University announced that it is expanding its professional practice offerings to include programs in nursing and health sciences. The Alliant School of Nursing and Health Sciences (SNHS), based in Phoenix, Arizona, will initially offer two programs: Pre-licensure Bachelor of Science in Nursing (BSN) and Master of Science in Nursing: Direct-Entry (MSN- DE). Alliant’s […]