Suburbs and exurbs fuel population growth in the Greater Phoenix area
Newly released data from the U.S. Census Bureau reiterates the Valley’s strong demographic profile and provides deeper insight into where population gains are happening. In the five-year period from July 1, 2020, to July 1, 2025, the Phoenix metropolitan statistical area (MSA) added about 353,700 residents, the fourth-largest absolute gain in the United States. That amount represents a 7.3% cumulative increase, ranking 11th among the 56 MSAs with at least 1 million…»
North Phoenix retail center seeks tenants as TSMC, Costco drive demand
The Shops at Halo Vista, an 11-acre mixed-use retail and hospitality development tucked inside the massive 2,400-acre master planned Halo Vista development in north Phoenix, is starting to look for tenants. Common Bond Development Group, the company behind several notable Valley projects including the Global Ambassador hotel and Park at 83 in Peoria, is developing the retail destination at the northwestern hard corner of the I-17 and Dove Valley Road. The center will…»
Retail Real Estate’s New Playbook Emerges at ICSC Las Vegas 2026
LAS VEGAS—At this year’s ICSC Las Vegas 2026 conference, experts agree that retail is evolving into a more operationally sophisticated, service-oriented and investment-attractive asset class. From logistics-driven site selection to the rise of experiential tenants and renewed institutional capital flows, industry leaders tell GlobeSt.com that the sector is entering a structurally different phase than the one investors faced just a few years ago. Executives at CBRE, for example, say the…»
Arizona economy faces growth, but also headwinds in 2026
From jobs and inflation to housing permits and population growth, here are the latest economic trends shaping the Arizona economy so far in 2026. The U.S. unemployment rate changed little at 4.3% in April, while total nonfarm payroll employment edged up by 115,000, according to the Bureau of Labor Statistics’ May 8th employment situation summary. The unemployment rates for major worker groups showed little or no change in April, with teenagers (14.4%) having the…»
Dignity Health plans 300,000-square-foot medical campus next to new Cardinals HQ
Dignity Health has signed on to build a state-of-the-art medical campus at the corner of Scottsdale Road and Loop 101 in north Phoenix, on 217 acres the Arizona Cardinals acquired last year for $136 million. This announcement marks Dignity Health Arizona, which is a member of CommonSpirit Health, as the first company to sign on to be part of the massive mixed-use development project the Cardinals are assembling on the land. Earlier this year, the team broke ground on its new…»
