PHOENIX-A state legislator has introduced a bill that would allow general contractors to avoid paying a sales tax increase on contracts signed before June, a move that could save them tens of million of dollars but is opposed by the governor.
PHOENIX--One day after filing for bankruptcy, Scottsdale-based Finova saw its stock rise nearly 18%, an optimistic sign that a $6 billion restructuring plan could become even sweeter as creditors push for a greater return.
PHOENIX-Following in the footsteps of its largest city, Pima County is moving toward adopting an ordinance that would restrict the development of mega retail centers.
PHOENIX--In a sign that retail is rapidly following rooftops in Chandler, a California developer has purchased a parcel in the suburb and is planning a 120,000-sf retail center and hotel.
PHOENIX-A five-hour, standing-room only meeting to determine the fate of the $575-million redevelopment project in south Scottsdale came down to a evenly split council and was decided by the mayor. The Phoenix Coyotes may yet skate in Scottsdale.
PHOENIX-Giant retailer Wal-Mart is expected to drop its court fight and wait for an election next year that will determine whether or not it can build a superstore in Mesa.