Source: AZ Central | Russ Wiles

Arizona is poised to assume a leading role in America’s semiconductor renaissance, helped by a multibillion-dollar infusion of federal funding from recently enacted legislation, say business, political and educational leaders.

One of the more tangible results could be 10,000 or more new jobs in the ...

Source: AZ Central | Russ Wiles

New upgrades are coming to Scottsdale Fashion Square, with plans for a renovation of the shopping center's luxury-focused south wing, mall owner Macerich announced Thursday.

The remodeling projects will extend roughly from the mall's food court to the Nordstrom department store. They include a redesigned arrival ...

Source: Phoenix Business Journal | Jeff Gifford

Work on the first phase of a major $446 million improvement project along Interstate 17 north of Phoenix is now underway, and drivers will soon start to see changes along the freeway — the primary link between the Valley and northern Arizona communities.

The ...

Source: Phoenix Business Journal | Ron Davis

Mesa will be home to the final assembly manufacturing facility for Virgin Galactic's next-generation spaceships.

The global aerospace company announced Thursday that it signed a long-term lease near the Phoenix-Mesa Gateway Airport. Virgin Galactic (NYSE: SPCE) said the facility at 5559 S ...

Source: Phoenix Business Journal | Angela Gonzales

The largest parcel of vacant land in Paradise Valley has been listed for sale at $55 million. The price has jumped more than 800% since it was last sold in 1997 for $6 million in cash.

The 27-acre parcel sits north of the Paradise ...

Source: Phoenix Business Journal | Audrey Jensen

A once-historic site in downtown Phoenix is set to become another massive mixed-use project with a towering residential and retail building totaling about 1 million square feet.

Documents submitted to the city of Phoenix show that Chicago-based developer LG Development Group has proposed building ...

Source: Phoenix Business Journal | Brandon Brown

If Tempe allows the Arizona Coyotes to build their proposed arena, entertainment district, hotels, office buildings and luxury apartments, it could cost Phoenix Sky Harbor International Airport millions of dollars a year, according to Phoenix officials.

During an April 21 Phoenix Aviation Advisory Board ...

Source: Phoenix Business Journal | Angela Gonzales

Toll Brothers Inc. (NYSE: TOL) has scooped up 250 acres of pristine desert abutting the San Tan Regional Park in Queen Creek.

Plans call for breaking ground this spring to build 364 homes, said Colin Phipps, director of land acquisitions for Pennyslvania-based ...

Source: Phoenix Magazine | Craig Outhier

Alleged defects, delays fuel spat with contractor.

With 108 luxury hotels and resorts in 30 countries, the Ritz-Carlton Hotel Company is known as one of the world’s most illustrious hospitality brands.

Evidently, “construction defects” are not part of its formula for success – and particularly ...

Source: Phoenix Business Journal | Corina Vanek

Valley barbecue favorite Little Miss BBQ is growing its Phoenix footprint by buying the location of another barbecue staple, the Honey Bear’s BBQ restaurant on Central Avenue near Thomas Road.

“We’ve been going through the issue of how do we grow smartly,” Scott ...