Phoenix-Beating out such hot spots as Atlanta, San Francisco, Salt Lake City and Dallas, the Phoenix metropolitan area has been ranked No. 1 as the best place for start-up companies, according to an annual survey by Inc. magazine.
PHOENIX-Tempe has offered up a site for a $331-million domed football stadium within its city limits that will compete with another site in the city offered in a joint venture with the neighboring city of Mesa.
PHOENIX-Fresh from a winning battle over control of the company, the executives in charge of retirement community developer Del Webb have some strategic changes in store for the 40-year-old company.
PHOENIX-The city of Mesa is pushing Maricopa County to not rezone at least a portion of the 5,000-acre General Motors Proving Ground for residential development, saving it rather for commercial use.
PHOENIX-A local developer has formed a joint venture and plans to begin construction next year on a 12-story, high-rise condominium project at the popular office corner of 24th Street and Camelback Road.
PHOENIX-Paying the highest price per unit ever seen in the West Valley, a Chicago investor has purchased an apartment complex in Avondale for more than $71,700 per unit.
PRESCOT-An International oil company wants to build a 300,000-sf office campus on 130 acres near the rural community of Prescott, and if plans were approved by the city it would be the most significant commercial development in years.
PHOENIX-A local investment group has purchased a 20,000-sf industrial building in west Phoenix for $825,000. The facility will be leased to a fire and flood restoration business.
YUMA-An apartment complex in this southwestern Arizona city has been purchased for $14 million, making it one of the largest real estate transactions of the year for Yuma, which has 71,000 residents.