Daily News 10-30-2026

50 commercial real estate projects to know in 2027

Surveying Arizona’s best commercial real estate projects in is invaluable — it offers a powerful lens into the state’s economic trajectory, revealing where growth, investment and innovation are concentrated. From transformative mixed-use hubs and major campus developments to key infrastructure expansions and retail anchors, these projects signal shifts in market dynamics and opportunity hotspots. Having visibility into this portfolio helps businesses, developers and policymakers…»

Intel’s $32B Arizona Expansion Moves Forward with Next Fab

Intel is moving forward with its Fab 62 semiconductor factory at its Ocotillo campus in Chandler, with construction and manufacturing equipment installation underway and operations expected to begin by the end of 2028. The facility will become the campus’s sixth factory dedicated to high-volume chip manufacturing. Naga Chandrasekaran, executive vice president and chief technology and operations officer for Intel Foundry, outlined the project’s progress in an update on the…»

Honeywell Aerospace plans ‘largest aerospace investment’ in Tempe history

A Phoenix-based aerospace and defense company is expanding in Arizona months after breaking off from its parent company. Honeywell Aerospace is planning a $500 million, 300,000 square-foot manufacturing facility in Tempe. The facility is expected to create 600 jobs. Honeywell Aerospace, which spun off parent company Honeywell earlier this year, employs roughly 8,000 people in the Phoenix area. The facility will manufacture systems and parts for commercial and defense aircraft, including…»

Glendale approves Project Eagle data center development

A large-scale data center development called Project Eagle near Luke Air Force Base is moving forward in Glendale. The City Council has approved the zoning and annexation of 160 acres for the project. The plans include three data center facilities, 18 natural gas turbines and an APS substation. While the project was previously set to be on county land, Tuesday’s vote incorporated the development into Glendale’s territory. The city ordinance requires the developer to meet standards sent by…»

7 Brew finalizes purchase of 63 Salad and Go sites

Arkansas-based 7 Brew officially completed its purchase of 63 former Salad and Go locations on Oct. 27 after outbidding Dutch Bros for the sites. In a bulk sale following the Chapter 11 bankruptcy of Salad and Go, 7 Brew bid $123 million for the locations, including leases for 36 in Arizona, 19 in Texas, 3 in Nevada and 5 in Oklahoma. The company outbid Tempe-based Dutch Bros in the bulk auction. Dutch Bros offered $105 million for the locations. Representatives from Reed Smith…»