PTK spotlight: 50 commercial real estate projects to know in 2026
Each year, PTK magazine — a publication of AZ Big Media — showcases the top people and projects to know in Arizona’s commercial real estate sector. Pulling from a competitive pool of nominations and the editorial board’s knowledge of the industry, this annual edition highlights 50 meaningful projects across all product types and influential professionals in 23 different categories. The digital sponsor of PTK magazine is Quarles. Over the coming days, meet the individuals and…»
$33B data center development in Pinal County clears key hurdle
A $33 billion data center development proposed in Pinal County, planned for about 3,300 acres, is moving forward. The Pinal County Board of Supervisors unanimously approved a major amendment to its land use plan to allow employment and general public facilities on the site, which is undeveloped. Vermaland is proposing a data center development near Eloy that could bring up to three gigawatts of capacity to the site. The project would bring more capacity than the Valley’s…»
Phoenix unanimously approved its ‘middle housing’ ordinance impacting historical districts
The Phoenix City Council unanimously approved its “middle housing” ordinance, which could change the look of Phoenix’s historic neighborhoods. The plan aligns with a new state law to allow multifamily homes in areas within a mile of a city’s downtown. Opal Wagner is the co-chair of Save Historic Arizona. “So they were pretty much down to the wire in having to adopt this very significant change in Phoenix’s zoning laws,” she explains. Or risk the development of more middle…»
Tempe Moves Forward On Affordable Housing Project With Zoning Carve-Out
Specifically, the councilors unanimously passed a planned area development overlay to allow for the construction of Dorsey Station, a 400-unit, 90-percent affordable project at the site of the Pollack Apache Center mall, according to the Phoenix Business Journal. The project, developed by Dorsey Development Partners in coordination with Palindrome Communities, will span five buildings at 1320 E. Apache Blvd. and 1412 S. Dorsey Lane. The development…»
Filling the gaps in Arizona’s ‘banking desert’
When Tacoma-based Columbia Bank chose to expand its footprint in the Valley last year, it saw opportunity to grow beyond its Northwest roots into a market with a booming population and business-friendly climate. Columbia Bank — formerly known as Umpqua Bank — viewed its personalized approach to banking as a differentiator, positioning it to compete with larger, national financial institutions in the Phoenix market. In a little over a year, the bank opened three branches…»