Commercial Real Estate & Business News May 24, 2019

South And West Continue Rapid Growth, According To New Population Data The Southern and Western regions of the United States continued to have the nation’s fastest-growing cities between 2017 and 2018, according to new population estimates for cities and towns released Thursday. New York still leads all American cities with 8.4 million residents. But as NPR’s Hansi Lo Wang reports, cities in Arizona, Texas, Washington and…»
1st Phase of X Phoenix Breaks Ground Downtown
Phoenix city officials and project executives broke ground on the first phase X Phoenix. The 20-story apartment, retail and office project will be the first high-rise built west of 1st Avenue on Van Buren Street since City Hall was constructed in the mid-’90s. “I think Phoenix has a great future,” said Ryan Shear, principal of developer…»
Buckeye, Phoenix are Fastest Growing Cities in the United States
Two Arizona cities are the fastest growing in the United States, according to population estimates released by the U.S. Census Bureau Thursday. Buckeye’s population saw the largest percentage growth of any city in the country, growing its size by 8.5% between July 1, 2017 and July 1, 2018. It now has a population of 74,370. Phoenix saw the largest…»
ASU Grads Make Billion-Dollar Impact on Arizona Economy
Sarah Phillips, a student at the Watts College of Public Service and Community Solutions, knew Arizona State University was home from the minute she stepped on campus. The criminal justice major graduated this May with a job offer already on the table, and she will continue to call Arizona home. There were more than 238,000 ASU graduates working in…»
Developer Buys Land for First Apartments in Phoenix’s Warehouse District
Downtown Phoenix’s warehouse district, already an emerging center for the arts, restaurants and shops, is about to get its first apartments. The Atlanta-based developer Wood Partners paid just over $6 million for 7.3 acres at 6th Avenue and Lincoln Street and has broken ground on Alta Warehouse District, a 300-unit community. Construction is under way and…»