What Phoenix and 2 other contenders for Samsung’s $17B chip plant offer
Samsung’s potential $17 billion chipmaking plant will bring historic investment to whichever city is chosen by the technology giant.
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News
Fry’s parent company purchases 57 acres for Phoenix AI warehouse
Kroger Co., the nation’s largest operator of traditional supermarkets and parent company of Fry’s Food Stores, has purchased a large property in west Phoenix where it plans to build a 222,850-square-foot high-tech warehouse to fulfill online grocery orders.
Read MoreLow housing inventory spurring demand for new homes in metro Phoenix
As inventory for existing home sales remains low in metro Phoenix, homebuilders are building as fast as they can to keep up with insatiable demand for new homes.
Read MorePhoenix, Inland Empire Are the Top Industrial Markets in 2020
In 2020, the US recorded a record number of big-box industrial transactions, and the West Coast was a central region of the activity, according to new research from CBRE. The Inland Empire and Phoenix both made the list as top markets for major industrial deals, defined as deals over 1 million square feet in size.
Read MoreValley powerhouses come together to create the new Arizona Fintech Council
Phoenix-based CCG Catalyst Consulting has partnered with the Arizona Bankers Association to create the Arizona Fintech Council.
Read MoreTempe approves mixed-use project planned for Macayo’s site
The Tempe City Council unanimously gave approval to a plan by Phoenix-based Red Development to redevelop the Tempe Macayo’s Depot Cantina site into a mixed-use development, which also will preserve and restore the train depot on the site.
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