Commercial Real Estate & Business News – December 2, 2022

Arizona’s Largest Resort Set to Open in Late 2023 in Glendale

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Tempe Mayor: Coyotes Plan Would be the Best Sports Arena Deal in Arizona History

Tempe voters will have the final say on a new entertainment district in the city — including an arena for the Arizona Coyotes. The Tempe City Council approved the team’s plan Nov. 29 for the more than $2 billion development and sending it to…»

1,545 Apartments Heading to Scottsdale

City Council last week cleared the way for two projects that will bring 1,545 new multifamily units to Scottsdale. Council on Nov. 21 approved by a 4-3 vote the rezoning for the Optima McDowell Mountain Village near the intersection of…»

Sam Fox Reveals More Details About Restaurants in New Phoenix Hotel

Sam Fox, one of the Valley’s most celebrated restaurateurs, has hired key personnel to oversee the food and beverage operations at his upcoming hotel in Phoenix and has released details on one of the five restaurants that will open at the property…»

Major Office Campus in Camelback Corridor to Undergo Significant Renovation

Monarch Alternative Capital and Tourmaline Capital Partners are getting in on and investing in Phoenix’s flight-to-quality office movement with a big infusion of capital at the Esplanade campus in Phoenix. The partnership said it plans to renovate and add...»