Commercial Real Estate & Business News – November 16, 2022

Coyotes’ Proposed Tempe Entertainment District Goes to Public Vote

A Tempe entertainment district and development that has lacked clarity over the past six months gained a bit of traction last week. The Tempe City Council voted unanimously (7-0) Thursday to reserve May 16 as the referendum date for…»

Massive Mesa Warehouse Project Sails Through Council

On satellite images of Mesa, one of the few parts of the city that still has an agricultural look is the southeast segment inside the 202 Loop east of Power Road. But the latest round of development application approvals is bringing an area once dominated by…»

Procter & Gamble Unveils Plans for $500 Million Manufacturing Facility in Arizona

Consumer goods giant Procter & Gamble Co. (NYSE: PG) unveiled its plans to build a massive fabric care manufacturing plant across more than 400 acres about an hour southeast of downtown Phoenix. The Cincinnati, Ohio-based company said…»

Maricopa County Ranks No. 1 for Talent Attraction

A new report ranks Arizona and Maricopa County as national leaders for adding skilled jobs and workers over the last five years. For the fifth time in the last six years, Maricopa County claimed the no. 1 spot in the Talent Attraction Scorecard released by…»

Tempe Proposes $250 Permit for Short-Term Rentals, Other Rules

The city of Tempe is asking for public feedback on proposed additional new regulations for short-term rentals beginning with a virtual event Monday. The city is one of several municipalities across the state desiring a move toward…»