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El Dorado Holdings Inc. just closed on a major transaction, selling 461 lots to homebuilders at its massive $2.1B master-planned community in Pinal County.
Seeing a change in market dynamics and looking to capitalize on a "lifestyle" component to its project, DMB Associates Inc. wants approval for a key amendment at its $1 billion mixed-use development across 120 acres in north Scottsdale.
The second phase of the X Phoenix apartment tower in downtown Phoenix has amassed more than $30 million in mechanic's liens since the nearly completed project came to a screeching halt in September.
At the beginning of the year, the new minimum wage in Arizona will increase by 50 cents to $14.35 per hour, according to the Industrial Commission of Arizona.
