Daily News – August 17, 2009

Here are the news stories you might find interesting today:

Chompie’s builds success, one bite at a time

$19M Refi Obtained for US Airways HQ

TEMPE, AZ-Building owner WP Carey a recourse loan through a regional bank to retire maturing debt on the 225,000-square-foot building.

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Two Valley banks shut down

Community Bank of Arizona in Phoenix and Union Bank in Gilbert were closed Friday by the Arizona Department of Financial Institutions, which appointed the Federal Deposit Insurance Corporation as receiver, according to a news release from the FDIC.

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Dillard’s customers like outlet store idea

News of Dillard’s either closing or becoming an outlet store at Fiesta Mall has longtime customers buzzing.

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Chandler company to turn world-record denim collection into insulation

Bonded Logic Inc., which specializes in turning scrap denim into insulation, is converting the world’s largest pile of jeans into home building materials.

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Phoenix seafood restaurant to change concept

The Fish Market, a long-standing restaurant at 1720 E. Camelback Road in Phoenix, will become the Bluewater Grill Seafood Restaurant, the first Arizona location of a Southern California-based chain.

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Arizona DOT awards $17M in stimulus contracts

The Arizona Department of Transportation awarded more than $17 million in contracts Friday for road projects funded by the federal stimulus package known as the American Recovery and Reinvestment Act.

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Arizona Oncology opens second radiation facility

Arizona Oncology opened its second radiation treatment facility this year, a 6,600-square-foot location at 1916 W. Bethany Home Road in Phoenix.

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