Phoenix Business News
Finance
Greater Phoenix Excels in WalletHub’s Business Rankings
News Summary The Greater Phoenix area shines in WalletHub’s recent ranking of the best large cities for starting a business, with six cities making the top 25. Scottsdale leads at...
Arizona’s Housing Crisis: Rising Costs and Limited Options
News Summary Arizona is facing a significant housing crisis, with homeownership becoming increasingly unattainable for families. The average income required to buy a typical home has soared to $122,000, a...
Arizona Faces Housing Crisis as Prices Soar Amid Shortage
News Summary Arizona is grappling with a significant housing crisis as home prices and rents escalate, particularly in cities like Phoenix and Tucson. With a housing shortage impacting affordability, many...
New Affordable Home Community Opens in Phoenix
News Summary Encanto at Bell Park has officially opened in Phoenix, offering 35 homes starting in the $400,000s. With various designs and beautiful color choices, this development targets aspiring homeowners...
Construction
New K-8 School Approved for Laveen School District
News Summary The City Council has approved the development of a new K-8 school in Laveen, Phoenix, aimed at accommodating the growing population and educational needs of the community. Located...
Phoenix’s Economic Boom Fueled by Industrial Piping
News Summary Phoenix is experiencing significant economic growth, largely driven by the industrial piping sector. As major semiconductor companies invest heavily in the area, companies like Professional Piping Systems (PPS)...
Phoenix City Council Approves Significant Impact Fee Increase
News Summary The Phoenix City Council has approved a major increase in impact fees to support the city’s infrastructure needs. This initiative is expected to generate approximately $1.6 billion over...
Arizona Housing Market Faces Affordability Challenges and Growth Opportunities
News Summary The Arizona housing market is undergoing changes, with rising inventory amid affordability concerns. Local officials stress the need for increased housing supply, alongside planned community growth. Buckeye and...
Phoenix City Council’s Impact Fee Increase and Home Prices
News Summary The Phoenix City Council has approved a significant increase in impact fees for new developers, primarily affecting North Phoenix and Ahwatukee. These fees, aimed at funding essential public...
Buckeye’s Transformation into West Valley’s Next Gem
News Summary Buckeye is rapidly emerging as a vibrant community in the Phoenix metro area, attracting new residents and businesses. The upcoming Verrado Marketplace and major investments in infrastructure signal...
Phoenix Soars to New Heights in the Data Center Market
News Summary Phoenix is becoming a key player in the U.S. data center market, ranking in the Top 10 for sales volume. With nearly 5 million square feet under construction,...
New Angie’s Prime Grill Drive-Thru Coming to South Phoenix
News Summary Angie’s Prime Grill is set to debut a drive-thru in South Phoenix by August 2025, focusing on high-quality meals at affordable prices. The establishment will feature grilled-to-order prime...
Real Estate & Properties
Arizona Housing Market Faces Affordability Challenges and Growth Opportunities
News Summary The Arizona housing market is undergoing changes, with rising inventory amid affordability concerns. Local officials stress the need for increased housing supply, alongside planned community growth. Buckeye and...
Phoenix City Council’s Impact Fee Increase and Home Prices
News Summary The Phoenix City Council has approved a significant increase in impact fees for new developers, primarily affecting North Phoenix and Ahwatukee. These fees, aimed at funding essential public...
Arizona Attorney General Files Lawsuit Against Apartment Complex for Heat Neglect
News Summary The Arizona Attorney General has initiated legal action against Buenas Communities LLC following reports that residents of a Phoenix apartment complex have been without air conditioning for weeks...
Arizona Attorney General Files Lawsuit Against Apartment Complex for Heat Neglect
News Summary The Arizona Attorney General has initiated legal action against Buenas Communities LLC following reports that residents of a Phoenix apartment complex have been without air conditioning for weeks...
Buckeye’s Transformation into West Valley’s Next Gem
News Summary Buckeye is rapidly emerging as a vibrant community in the Phoenix metro area, attracting new residents and businesses. The upcoming Verrado Marketplace and major investments in infrastructure signal...
Fundraising Initiative Launches in Phoenix
News Summary A new fundraising campaign has been launched in Phoenix, aiming to raise $7,500 to support local journalism. The campaign invites community members to contribute and emphasizes the importance...
Arizona’s Housing Crisis: Rising Costs and Limited Options
News Summary Arizona is facing a significant housing crisis, with homeownership becoming increasingly unattainable for families. The average income required to buy a typical home has soared to $122,000, a...
Chandler’s Industrial Landscape Transformed with Major Acquisition
News Summary Chandler, Arizona, is witnessing a significant boost in its industrial sector with Unbound Development’s recent acquisition of a 100,000-square-foot property for $14.05 million. The site, located at 165...
New Life for Foreclosed Property in East Phoenix
News Summary Neighborhood Ventures has acquired a 71-unit foreclosed property at 5245 E Thomas Road in East Phoenix for $11 million. This property includes studio, one-bedroom, and two-bedroom units, and...
Marketing
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