News

Undeveloped parcels in Goodyear’s West Valley are being acquired for industrial development, including a 270-acre site planned as I-10 Citrus Gateway. The site, located near Interstate 10, is undergoing rezoning and general plan amendment processes, with city votes scheduled for December. Nearby developments include Innovation Centre, a proposed 224-acre master-planned business park featuring industrial, office, …

Scottsdale Firm Proposes 270-Acre Business Park in Goodyear Read More »

Flagship Restaurant Group, known for concepts like Blue Sushi Sake Grill and Châm Pang Lanes, is expanding in the Phoenix area with plans to open three restaurants in downtown Gilbert. The restaurants will occupy 14,000 square feet in the upcoming Heritage Park development, a $300 million mixed-use project featuring retail, restaurants, apartments, and a public …

Nebraska Restaurant Company Inks Leases For Gilbert Eateries Read More »

Industrial developers have increasingly targeted Phoenix’s Loop 303 and Phoenix-Mesa Gateway Airport areas, but oversupply on the outskirts has led some firms to focus on central submarkets with lower vacancy rates. Current projects in the Phoenix metro’s central corridor total 2 million square feet, where vacancies fall below 5%. These include Innovate48, a warehouse replacing …

Here’s Where Ryan Cos. Is Set To Develop 2 Million Square Feet Read More »

Highstreet Ventures Inc., a Canada-based developer, acquired an 18-acre site in Buckeye, Arizona, for $9.3 million to build a 510-unit apartment complex featuring studios, one-bedroom, and two-bedroom units with a clubhouse and pool. The site is within Buckeye’s Verrado area and part of a 2,100-acre hub called The Landing, which the city plans to develop …

Developer Plans Apartments at Exploding Buckeye Commercial Hub; Plus 6 More Valley Deals to Know Read More »

The Goldwater Residences is a luxury condo development in Old Town Scottsdale, offering 40 upscale two- to three-bedroom units with large patios and stunning views of Camelback Mountain, Four Peaks, and the Papago Buttes. Located at Goldwater Boulevard and 70th Street, the project includes 7,500 square feet of ground-floor commercial space designed to enhance connectivity …

The Goldwater Condo and Retail Project Coming to Old Town Scottsdale Read More »

The $7 billion Halo Vista development in Phoenix has gained global attention, with inquiries coming as far as France. Scheduled to break ground in 2025, the 2,300-acre project will feature an auto mall, retail, office, and industrial spaces in its first phase, eventually expanding to nearly 30 million square feet and creating 70,000 jobs. Key …

First Phase of $7 billion Halo Vista to Feature Auto Mall, Retail and Industrial Read More »

Abernathey Holdings, based in Mesa, Arizona, has expanded its self-storage presence in the Phoenix metro area with three new projects following the success of its first facility in Gilbert in 2022. In partnership with billionaire Gary Tharaldson, these new Public Storage-branded developments include a 122,757-square-foot facility in Laveen, an 111,087-square-foot facility in Goodyear, and a …

Developer Breaks Ground on Three Valley Self-Storage Projects Read More »

Hi Noon Hospitality, known for Buck & Rider and Ingo’s Tasty Food, has leased a location in Old Town Scottsdale for a new seafood-focused restaurant, set to open in fall 2025. The restaurant, located near Scottsdale Civic Center park, will feature a coastal southern European seafood concept with an inviting atmosphere and scenic park views. …

Buck & Rider Parent Company to Launch New Eatery Brand in Scottsdale Read More »

Stevens-Leinweber Construction (SLC) is building Tex Industrial, a 17.2-acre project within the PV303 business park in Goodyear, Arizona, for Merit Partners Inc. This development includes two Class A industrial buildings: a 100,737-square-foot North building and a 132,475-square-foot South building, featuring 36’ clear heights, 60’ speed bays, and secured truck courts. Together, the buildings offer a …

17.2-Acre Tex Industrial Project Under Construction in Goodyear Read More »

Guests will need to wait until the end of 2025 to visit the Mattel Adventure Park in Arizona, which will feature attractions like Barbie’s Beach House and a Hot Wheels roller coaster. The operator, Epic Resort Destinations, has announced this delay as part of a broader expansion for the VAI Resort in Glendale. Initially slated …

Mattel Adventure Park Delays Opening Date Read More »

Happy Joe’s Pizza & Ice Cream is set to open its first Arizona location in Surprise in the second or third quarter of 2025, with a second store planned for Oro Valley. The Surprise store will be part of a larger family entertainment complex and is expected to create over 50 jobs. Rehrig Pacific Co. …

An Entertainment Complex Is Coming To Surprise; Plus 8 More Deals To Know Read More »

A new mixed-use development is proposed in North Phoenix along the Loop 101, featuring luxury housing, office space, hotels, and retail options. The project encompasses 50 acres and includes plans for 1,300 residential units, 300 hotel rooms, and significant retail and office space, currently awaiting zoning approval from the city. Designed to enhance housing availability …

50-Acre Mixed-Use Campus Proposed in North Phoenix Read More »

A major development project spanning 23.32 acres in Carefree has started after a unanimous vote by the Town Council to move forward with finalizing the development agreement. The area, which has long been sought after for new development, will include retail, dining, and entertainment spaces. The developers and leasing partners are working closely with the …

Town Approves 23.32-Acre Carefree Quarter Project Read More »

Mesa City Council has approved multiple measures to support the new Gateway Auto Mall, a 60-acre development project at Signal Butte Road and State Route 24. This approval includes rezoning, a development agreement, and pre-annexation steps, paving the way for an auto dealership hub in the southeast area near the Mesa and Queen Creek border. …

Mesa Approves Rezoning, Development Deal for Gateway Auto Mall Read More »

Glendale’s planning and zoning commission has recommended approval for new zoning and a general plan amendment to support the $1 billion VAI Resort development. This decision replaces a previously approved development plan, expanding the project across nearly 70 acres and adding new land to the original proposal. At the Oct. 24 meeting, traffic flow and …

Sprawling Glendale Entertainment Resort Passes Zoning Hurdle Read More »

Whole Foods Market opened a new 50,358-square-foot store on Oct. 16 at the $2 billion PV redevelopment project, replacing its previous Paradise Valley location. The new store, 50% larger than the old one, offers expanded services like a full-service coffee and juice bar. Kraus-Anderson Phoenix also completed a $3.2 million build-out of an ambulatory surgery …

Surgery Center Built in Tempe, Whole Foods Opens New Valley Store, Plus 6 Other Deals to Know Read More »

Amazon has purchased a 220-acre site in Laveen, Arizona, for $277 million, likely for a new data center campus. The land was bought through Amazon Data Services and is part of a growing industrial corridor that the city of Phoenix hopes to develop as a tech hub. The site is located near Loop 202, and …

Amazon Buys Massive Valley Site for Potential Data Center Read More »

Arizona Land Consulting acquired 600 acres along Interstate 10 in Casa Grande for $38.1 million, outbidding several other developers. The firm plans to rezone the property from urban ranch to mixed-use, including multifamily housing, light industrial, and commercial development. This site, located near the Promenade at Casa Grande, will support the city’s employment growth and …

Mixed-Used Center Proposed Along Prime Site in Casa Grande Read More »

Maricopa, a city of 75,000 located south of Phoenix, is set for major economic growth with several large projects in development. The city is planning new innovation and industrial corridors, as well as expanding multifamily and retail developments, aiming to keep residents living and working locally. One of the biggest initiatives is a 1,000-acre business …

This Pinal County City Is Ready for Its Economic Development Spotlight Read More »

Tri Pointe Homes is expanding its office space at Gainey Center II in Scottsdale, moving from a 14,700-square-foot second-floor office to a nearly 34,000-square-foot space on the third floor. This move follows their initial lease six months ago and is part of a broader leasing activity in the building. Other tenants, including Affordable Contractors Insurance …

Tri Pointe Homes Expands Scottsdale Office Footprint; Other Tenants Hop Onboard Read More »

A new Class-A medical outpatient building is being constructed at Goodyear Civic Square, scheduled for completion by Q3 2025. The 62,475-square-foot, three-story building will be home to Banner Health, offering services such as primary care, orthopedics, cardiovascular care, and on-site labs. This project is part of Goodyear’s larger vision for a new downtown area, bringing …

Construction Begins on Goodyear Civic Square Medical Building Read More »

Monogram Health Inc. signed a five-year lease to occupy 26,042 square feet at Hayden Ferry Lakeside II in Tempe, Arizona, transitioning from a sublease previously held by Gen Digital Inc. The office will serve as the company’s call center and operations hub, supporting its national expansion efforts. Since opening its initial hub in 2021, Monogram …

Monogram Health Inks Direct Lease for Long-Term Tempe Town Lake Office Read More »

Phoenix-based Pivotal Group is investing $100 million to purchase and renovate the Hilton Phoenix Resort at the Peak, a property originally developed in 1977. Pivotal acquired the resort for $39.5 million from Fortress Investment Group, which had bought it in 2019 for $51.35 million. The resort, formerly known as The Pointe at Squaw Peak, was …

Phoenix Developer Invests $100M to Buy and Renovate Iconic Resort Read More »

Phoenix leads U.S. industrial development in 2024, with 36.8 million square feet under construction and 10.6 million square feet starting this year, the most of any market. Southern California continues to command the highest industrial rents, with Orange County and Los Angeles far exceeding the national average of $8.11 per square foot. The Inland Empire …

Phoenix Defies Trends to Lead U.S. in Industrial Development Read More »

The Bongiorno family, founders of the Potato Barn furniture chain, is planning to open The Nox, a new live music and entertainment venue in southeast Mesa, near Phoenix-Mesa Gateway Airport. The 60,000-square-foot, two-story venue will hold up to 2,000 concert-goers and host a variety of events, including concerts, corporate gatherings, weddings, and dance events. The …

Developer Hopes to Strike a Chord with New Mesa Entertainment Venue The Nox Read More »

The redevelopment of Metrocenter in Phoenix, called the Village, is moving forward with plans for 140,000 square feet of new retail space as demolition of the 50-year-old mall begins. The $850 million project will feature affordable housing, retail, restaurants, and entertainment around a public park and plaza. The updated plan includes 1,100 to 1,940 residential …

Metrocenter $850 Million Redevelopment Plans Firm Up Read More »