Arizona Business

SRP...
Jeff Gifford/Phoenix Business Journal

SRP gets go-ahead for key transmission facility, lines in Laveen area

Salt River Project is able to move ahead on its South Mountain Transmission Project now that the Arizona Corporation Commission has approved it.
21 hours ago
Multifamily developers...
Angela Gonzales/Phoenix Business Journal

Apartment investors, developers bullish despite higher interest rates than expected

Multifamily developers and investors are bullish on metro Phoenix, despite interest rates staying higher than expected.
2 days ago
A hand-built 1956 Mercedes-Benz 300sl Gullwing coupe will be offered at the 2025 Barrett-Jackson Sc...
Kevin Stone

Here’s what you should know about Barrett-Jackson Scottsdale auction, from Hagar to ‘Hillbillies’

Car aficionados will have a chance to bid on millions of dollars’ worth of collectible vehicles and memorabilia at the 2025 Barrett-Jackson Scottsdale auction.
3 days ago
President Joe Biden tours the site of the Taiwan Semiconductor Manufacturing Company facility in Ph...
Associated Press

CHIPS Act will ramp up US semiconductor production, but at high cost, report finds

The CHIPS Act will sharply increase production of semiconductors in the U.S., but at a high cost, according to a new report.
4 days ago
Pedal Haus brewery canned beer selling local...
Serena O'Sullivan

Valley’s Pedal Haus Brewery starts selling craft beer in cans

Pedal Haus Brewery, an award-winning local beer maker, is making it easier for Arizonans to enjoy their favorite styles at home.
5 days ago
Gulfstream...
Brandon Brown/Phoenix Business Journal

Gulfstream opens $130M Mesa facility, eyes expansion options

Gulfstream Aerospace Corp. has opened its massive $130 million facility on Jan. 9 at the Mesa Gateway Airport in southeast Mesa.
7 days ago
ASU Prep Academy...
Angela Gonzales/Phoenix Business Journal

ASU Prep Academy forced out after Phoenix district cuts lease

The board of the Phoenix Elementary School District voted against renewing ASU Preperatory Academy's lease in downtown Phoenix.
8 days ago
From Macy's closing a store to a shooting near Phoenix's Desert Ridge Marketplace, here are some of...
Greg Barr/Phoenix Business Journal

Macy’s to shutter Valley store as part of nationwide closures

Department store chain Macy's Inc. plans to shutter a store in the Phoenix metro as part of a broader plan to close 66 retail locations around the country.
8 days ago
Arizona SBA fraud case Small Business Administration COVID federal funds...
Serena O'Sullivan

Phoenix businesswoman gets 2 years in prison for using COVID-19 relief funds to pay for luxuries

A Phoenix businesswoman has been sentenced to prison for her role in an Arizona SBA fraud scheme, prosecutors said.
9 days ago
Taser maker Axon Scottsdale headquarters...
Kevin Stone

Taser maker Axon cancels groundbreaking for new Scottsdale HQ, could move out of Arizona

Taser maker Axon canceled Friday’s groundbreaking for a new headquarters in Scottsdale and is considering moving its base out of Arizona.
10 days ago
Mayor Kate Gallego led a Phoenix contingent to the 2025 Consumer Electronics Show (CES) in Las Vega...
Kevin Stone

Mayor Kate Gallego explains why she’s in Las Vegas representing Phoenix at tech show

Mayor Kate Gallego is looking for wins this week in Las Vegas, where she is touting Phoenix as a hotspot for innovative technology at the Consumer Electronics Show (CES).
11 days ago
semiconductor supply chain, semiconductor manufacturing, ASU, technology, chips...
Serena O'Sullivan

ASU Research Park in Tempe chosen for national semiconductor test facility

A Tempe semiconductor manufacturing hub set to be fully operational in three years will expand Arizona's semiconductor supply chain.
12 days ago
AT&T call center in Mesa job opportunities...
Serena O'Sullivan

AT&T hiring hundreds of customer service representatives for Mesa call center

Looking for a new job in 2025? There are 750 new job opportunities for aspiring customer service representatives in the AT&T call center in Mesa.
13 days ago
Hundreds of new jobs coming to Valley in January 2025...
Serena O'Sullivan

Arizona caterer hiring hundreds ahead of busy event season

Valley caterer M Culinary Concepts is creating hundreds of new jobs for hospitality professionals ahead of events like the WM Phoenix Open.
15 days ago
Level 1 Arcade Bar in Gilbert Arizona...
Serena O'Sullivan

Good game: Owners of Level 1 Arcade Bar in Gilbert say it’s closing soon

The Level 1 Arcade Bar in Gilbert is closing on January 18, according to a Facebook announcement from the owners of the popular gaming spot.
18 days ago
Phoenix Lin's Grand Buffet 7th Arizona location...
Payne Moses

Lin’s Grand Buffet to open 7th Arizona location in January

Valley residents will have another answer to their all-you-can-eat prayers, as Lin's Grand Buffet is coming to Phoenix in January.
18 days ago
George Oliver LLC, in partnership with Ascentris, paid $42.25 million for 7272 E. Indian School Roa...
Kevin Stone

Developers buy their 3rd building on a prime Old Town Scottsdale block

A Phoenix-based developer and Colorado private equity firm bought their third building on a block in the heart of Old Town Scottsdale.
20 days ago
TikTok...
Mignon A. Gould/Phoenix Business Journal

How a TikTok ban could affect Arizona businesses

TikTok has been pivotal for small businesses and entrepreneurs, but an impending ban could put a halt on Valley companies using the social media juggernaut.
21 days ago
Goodyear...
Audrey Jensen/Phoenix Business Journal

Goodyear gives green light to new industrial park

A 25-year struggle to develop a 270-acre vacant site in Goodyear is a step closer to being resolved following key approvals by city leaders.
22 days ago
Tempe Eats...
Brandon Brown/Phoenix Business Journal

Tempe food hall concept closes after less than a year

Tempe Eats, a fledgling food hall restaurant concept, is set to close in early January, just 11 months after it opened.
23 days ago
Discount Tire purchased the two-building Desert Ridge Corporate Center....
Kevin Stone

Discount Tire buys Phoenix office complex near Desert Ridge Marketplace

Discount Tire has purchased a Phoenix office complex near Desert Ridge Marketplace, the company announced Friday.
23 days ago
Tiki Taka is set to open at the Grand Hyatt Scottsdale Resort on Jan. 7, 2025....
Kevin Stone

Celebrity chef opening Scottsdale restaurant inspired by Japanese, Spanish cultures

Celebrity chef Richard Blais is set to debut his latest restaurant, Tiki Taka, at the Grand Hyatt Scottsdale Resort in early 2025.
23 days ago
Phoenix household bills 2024 utility financial report USA...
Serena O'Sullivan

Phoenix households spend 13% more than US average, research finds

Phoenix residents pay 13% more on household bills than the national average, according to research from bill pay company Doxo.
23 days ago
Allegiant Air is the primary carrier at Mesa Gateway Airport....
Kevin Stone

Mesa Gateway Airport flies ahead with new name to reflect independence from Phoenix

Phoenix-Mesa Gateway Airport has a new name that reflects its independence from the state’s largest city.
24 days ago