TSMC announced its intention to expand its investment in advanced semiconductor manufacturing in the United States by an additional $100 billion. Building on the company’s ongoing $65 billion investment in its advanced semiconductor manufacturing operations in Phoenix, TSMC’s total investment in the U.S. is expected to reach $165 billion. The expansion includes plans for three … [More]
Mayo Clinic Announces Transformative $1.9B Investment in Arizona, Reimagining Healthcare
Mayo Clinic announced a nearly $1.9 billion investment in the continued transformation of its Phoenix campus as part of its Bold. Forward. strategy to Cure, Connect and Transform healthcare for the benefit of patients everywhere. Bold. Forward. Unbound. in Arizona will enable new innovative care concepts, physical spaces and integrated technologies to create seamless care … [More]
5 Ways You Can Use AI Hiring Tools and Avoid Legal Trouble
Current estimates show that around 50% of companies now use AI tools for recruitment and hiring. However, the wild west of AI usage will soon come under legal wrangling. Earlier this month, an applicant in a groundbreaking AI bias lawsuit (Mobley v. Workday, Inc.) requested the court’s approval of a nationwide class of potential plaintiffs. “Derek Mobley’s case against … [More]
Employee Benefits Co. Recognized as Blue Zones Approved Worksite
Benefit Commerce Group, an Alera Group company, is proud to announce that the company has been officially recognized as a Blue Zones Approved Worksite by the Blue Zones Project Scottsdale. This prestigious designation is awarded to employers who demonstrate a commitment to promoting health, happiness, and longevity among their workforce. In celebration of this achievement, … [More]
City Launches New Tool for Finding Parking in Downtown Phoenix
The City of Phoenix has launched a new tool to help Phoenix guests and residents easily find parking when visiting downtown Phoenix. ParkPHX, a web-based application, is designed to provide easy access to information on all public parking facilities in one convenient location—helping users find parking based on what matters most to them, from cost to electric vehicle charging … [More]
SRP Board of Directors Approves Pricing Proposal
New Pricing Effective in November
The Salt River Project’s (SRP) publicly elected Board of Directors today approved SRP management’s amended pricing proposal that will, among other things, support ongoing system reliability, expand low-income bill assistance, and provide super off-peak pricing that takes advantage of abundant low-cost, low-carbon utility scale solar. The SRP Board of Directors last approved … [More]
Entertainment and Dining Co. Becomes Naming Rights Partner at Phoenix Raceway
Phoenix Raceway announced that Dave & Buster’s will carry naming rights for the Dave & Buster’s Gamer Garage, located in the infield connected to the NASCAR Cup Series Garage adjacent to the track’s dogleg. “Dave & Buster’s exemplifies the fun that is offered at Phoenix Raceway,” said Phoenix Raceway President Latasha Causey. “Their top-notch entertainment … [More]
Phoenix Office Market Posts Increased Absorption and Vacancy Decrease
2024 Brought Lowest Level of Office Deliveries in 10+ Years
The Greater Phoenix office market posted its highest net absorption in two and a half years, as well as a decrease in vacancy, according to a report released by Colliers. The Southwest city's decreased construction activity added the lowest level of new office inventory in more than 10 years. Net absorption during the last three months of 2024 was stimulated by owner user … [More]
Grant for Children’s Museum to Bring New Signature Exhibit, Expansion
The Children’s Museum of Phoenix has received a landmark $2.5 million grant from Lilly Endowment Inc., marking the largest single gift in the Museum’s history. The Museum will use the grant to establish a new character-focused signature exhibit and enhance several existing exhibits, incorporating opportunities to foster positive character development among children. Building … [More]
Phoenix Debuts New Mobile Career Unit
The City of Phoenix premiered its new Mobile Career Unit (MCU) on Wednesday, with a ribbon-cutting celebration at Cesar Chavez Library. The state-of-the-art, 38-foot-long RV is designed to connect employers with residents seeking job opportunities. One of the key features of the MCU is that it is fully equipped with technology that provides hands-on resources to support job … [More]
Home-Price Growth Slows as Mortgage Rates Dip to Lowest Level in over 2 Months
The median U.S. home-sale price rose just 3.5% year over year during the four weeks ending February 23, the smallest increase since September. That’s according to a new report from Redfin, the technology-powered real estate brokerage. Mortgage rates have declined to their lowest level in more than two months, dipping from 7.13% to 6.78% in the last two weeks alone and upping … [More]
USA TODAY Honors Phoenix’s Own Community and Economic Development Director
In celebration of Women’s History Month, USA TODAY will again be honoring exceptional women across the country with their 4th annual 2025 USA TODAY Women of the Year. This year, USA TODAY is honoring Phoenix’s own Community and Economic Development director, Christine Mackay. For almost a decade, Christine has played a key role in attracting business, boosting the economy and … [More]
Steak 44 Acquires Durant’s, Plans Temporary Closure for Renovations
Local steak lovers will see a temporary shake-up in their dining plans as Durant's, a longtime favorite, has been acquired by the acclaimed Steak 44 and Ocean 44 restaurant group, by brothers Mike and Jeffrey Mastro, along with their father Dennis Mastro and business partner Scott Troilo. The transition will bring a fresh new era for the beloved establishment, but not without a … [More]
Rehabilitation Hospital in Florida Extends Its Footprint by Adding a Facility on Mayo Clinic’s Phoenix Campus
Brooks Rehabilitation, nationally acclaimed for its expertise in treating life-changing injuries and complex medical conditions, held a groundbreaking ceremony for its new cutting-edge, 80,000-square-foot inpatient rehabilitation hospital on Mayo Clinic’s Phoenix campus. Ranked by U.S. News & World Report as the No. 1 rehabilitation hospital in Florida and among the top 20 … [More]
Phoenix Maintains Momentum as Nation’s Industrial Leader, Says Report
Phoenix solidifies its reputation as the nation’s industrial powerhouse, with 32.6 million square feet of industrial space under construction and a thriving medical office market driving commercial real estate demand, according to LGE Design Build’s newly released Q4/Q1 Construction Delivery Outlook report. “Phoenix continues to lead as a dynamic hub for industrial … [More]
Scottsdale Resort Unveils Expansive, Newly Renovated Arizona Ballroom
Grand Hyatt Scottsdale Resort has officially debuted its newly expanded Arizona Ballroom, marking the completion of the property’s $115 million transformation. Nearly doubling in size to an impressive 24,000 square feet, the Arizona Ballroom is now one of the largest and most sophisticated event spaces in the region. The resort’s full meeting and events facilities is now 90,000 … [More]
EMT Training Program Ramps Up in Arizona to Beat Shortage
In response to the critical shortage of emergency medical technicians (EMTs), Unitek EMT moved to a larger campus and added more starts dates for its 14-Day EMT Boot Camp. This year, Unitek EMT launched a Basic EKG Class and a seven-week evening course to provide more opportunities for aspiring EMS professionals. "Unitek's dedication to initial and continuing education is … [More]
Warby Parker Opens First Phoenix Store at Biltmore Fashion Park
Reaching out on behalf of to share some exciting news. On Saturday, March 8th, Warby Parker, the lifestyle eyewear brand is opening its first Phoenix retail store in Phoenix at Biltmore Fashion Park. This new retail location will make it easier for its Phoenix and wider Arizona customers to access all of their eye care needs, equipped with the brand’s full optical and … [More]
