Just months after Gilbert residents repeatedly halted Town Council discussion in opposition of The Ranch, a developer in the project expects that a modified proposal for the project will be one the neighbors get behind. Pew & Lake PLC, on behalf of
Off-price home decor retailer Tuesday Morning planned to give back hundreds of store keys to landlords, offloading more than half of its stores, as it works through Chapter 11 bankruptcy in hopes of finding a profitable path forward
While life has largely returned to normal following the global pandemic, COVID has had a lasting impact on the way we work and live. We started our company, Minimal Living Concepts, in 2021 to address the need for private spaces for
PHOENIX — For the second consecutive year, more people have been moving to Maricopa County than any other county in the nation, according to data released released Thursday by the U.S. Census Bureau. Maricopa County’s population grew
Tampa, Florida-based Cedar Grove Group is planning to transform an office building into new apartments a couple miles east of the former Metrocenter mall in Phoenix. The three-story office building is located at
Even with slightly increasing vacancy rates brought on by record levels of new supply, demand for industrial space remains strong. Developers continue to feed the pipeline, with 691 million square feet under construction across the country as of January
Call it success, squared. One of the first buildings at St. Louis-based CRG’s inaugural Phoenix project, a massive industrial park called The Cubes at Glendale, not only leased up quickly but sold almost as fast. Over the course of 2022
Homebuilding in metro Phoenix slowed drastically in mid-2022 and buyers ran for cover after rising mortgage interest rates caused potential homebuyers to hit the pause button. Tina Tamboer, senior housing analyst for The Cromford Report
The U.S. media continues putting rising interest rates and ongoing inflationary concerns in its headlines. Yet despite all of this, international institutional investors continue to view U.S. commercial real estate as “a preferred destination, relative to
A 25-story apartment tower is proposed for the northeast corner of Mill Avenue and University Drive in Tempe. Included in the proposed project are 453 apartment units and 3,800 square feet of commercial space on the ground floor, according to
Cities rise and fall based on the decisions they make regarding the best use of their resources — whether that’s the local talent pool, housing stock or business environment. And, contributing to all of these is
Portillo’s, the Chicago-based fast-casual chain, has opened its fifth Valley location on the southeast corner of Williams Field and Santan Village Parkway in Gilbert. The grand opening officially is Friday, but
A luxury home in Paradise Valley recently sold for $8.8 million while a 3-acre vacant lot closed at $6 million — both cash deals. These big cash transactions indicate the luxury market is heating back up again, Valley real estate sector observers say.
Phoenix started the new year off on a high note, with a net gain of 19,200 nonfarm jobs in January, according to the latest data from the Bureau of Labor Statistics. That figure represents the strongest month-over-month increase in
Retail growth is expected to moderate in the months ahead, but it will remain positive even as sales start to stabilize from pandemic-era highs. Retail sales in the United States are expected to grow at a slower pace this year than last, according to
In 2022, millennials became the largest generation in the U.S. to transition from renter-majority to owner-majority, according to new data from RentCafe. With 52% of millennials owning a home, the generation reached
Living, lifting and more are coming to the site of the former Paradise Valley Mall. Luxury fitness club operator Life Time (NYSE: LTH) will expand to Paradise Valley Mall not only with a club but also with Life Time Living
For years, much of the nearly 300 acres at Arizona State University’s West Campus in Glendale has sat vacant as the public university continued to invest millions of dollars in its other three campuses across metro Phoenix. But now
The Camby Hotel, located on the corner of 24th Street and Camelback Road in Phoenix, traded hands earlier this month and was one of the highest-priced hotel transactions in the past year. The property, which was known as
Construction is underway on an affordable housing complex funded in part by a state low-income housing tax credit and lauded by state and local officials who gathered at the building site Friday. Gorman and Co. — one of the nation’s
Metro Phoenix’s median home price is expected to climb almost $12,000 in March after dropping most of the past six months. Home sales jumped in February and are on track to increase again in March. Both are indicators that
Attracting ongoing widespread government and private sector investment, semiconductor fabrication plants and manufacturing facilities have become one of the largest contributors to industrial real estate development and related investment
The restaurant industry underwent a major transformation during the pandemic as COVID-19 changed the way businesses operated. People’s dining preferences also changed significantly and new trends emerged in the market. Customers
The latest mortgage rate drop has enticed some previously reserved homebuyers back to the housing market. The Fed’s recent interest rate hike is also helping buyers’ long-term mortgage interest rates, with the ten-year treasury, which
A plan by nonprofit Chicanos Por La Causa to transform a downtown Mesa corner – and remove a grim reminder of an eminent domain debacle – is back on track after a three-year delay. Mesa City Council on March 20 approved a