Commercial Real Estate & Business News 5-20-2025

From Drive-Thrus to Digital Touchpoints, Retail Execs Chart a New Course

LAS VEGAS-At the ongoing ICSC show here, a clear theme emerged from the insights of three leading executives: the retail and service landscape is being reshaped by a relentless focus on meeting consumers where they are-both physically and in terms of evolving expectations. The pandemic, shifting consumer values, and the accelerating pace of…»

Developer seeks to join wave of new surf parks with ambitious growth plans

Surfing has long been a symbol for an aspirational coastal lifestyle. Now, with improvements in artificial wave technology, real estate firms are bringing the sport to unexpected areas including the Phoenix desert and the Denver mountains. Among the more ambitious firms is Aventuur, a Los Angeles-based development company that wants to build ground-up projects…»

ASU Health and Mayo Clinic investments fuel healthcare development

Healthcare facilities drive development in cities in numerous ways. Hospitals and health campuses need construction crews to build the campus, creating jobs in that sector. Once construction is complete, hospital staffing needs continue to increase employment as well. Beyond creating a powerful economic engine, these centers of healing provide hope to…»

Ranking Arizona: Top 10 home builders in Arizona for 2025

Here are the Top 10 home builders in Arizona, based on public voting for the 2025 edition of Ranking Arizona, the state’s biggest and most comprehensive business opinion poll. Ranking Arizona is based purely on opinion and ranks companies based on how voters answer this simple question: with whom would you recommend…»

Five key projects transforming downtown Phoenix’s urban landscape

The City of Phoenix’s plan to revitalize the downtown area and bring it back to the halcyon days before a mass suburban exodus in the 1970s has been nearly 10 years in the making. Through the first half of 2025, city government and private investment have utilized a number of tools at their disposal to reignite economic…»