Here’s where Arizona ranks among states for adding new residents
Arizona ranked 4th in net domestic migration in 2024, gaining 55,505 new residents, according to an analysis from the Economic and Business Research Center (EBRC), which focuses on applied economic research and community education for Arizona. In 2024, over 7 million Americans changed their state of residence, according to the 2024 1-year American Community Survey (ACS). This substantial movement reflects ongoing demographic shifts reshaping the nation’s population…»
Sprouts HQ, hotel, apartments underway at north Phoenix development
When the Sprouts Farmers Market headquarters opens this summer, the CityNorth development at Loop 101 and 56th Street will be home to two of the state’s nine Fortune 500 companies. The roughly 100-acre development, led by Crown Realty Group, is also home to waste management company Republic Services’ headquarters, which opened in January, Rick Carpinelli, who leads Crown’s Phoenix operations, said. Republic Services built a 250,000-square-foot headquarters…»
Homebuilders, retail developers, to bid on huge acreage in north Peoria
Major local and national developers could soon battle for prime land in north Peoria at Arizona State Land Department auctions. PulteGroup, Vestar, Sunbelt Investment Holdings and Land Resources have all applied for land in the North Peoria Gateway area – a nearly 1,600-acre swath of property adjacent to the Vistancia master-planned community. “We expect this year to have several land auctions, most of it going to retail, some housing,” Peoria’s economic development…»
Proposed Hyatt Hotel Near TSMC Campus In Phoenix Wins Key Approval
A proposal to build a new extended-stay Hyatt Studios hotel near the entrance to the Taiwan Semiconductor Manufacturing Co. campus in northern Phoenix has cleared a potential zoning hurdle and appears to be in the final steps toward receiving approval. Scottsdale-based CaliberCos Inc. plans to build the 114-room hotel on the corner of Sonoran Desert Drive and 29th Avenue, just east of the intersection of Interstate 17 and Loop 303. On Wednesday, a Phoenix…»
NRF: Core retail sales inch up in January in fourth consecutive monthly gain
Retail sales rose modestly in January as consumers continued to show resilience. Core retail sales (excluding restaurants in addition to auto dealers and gas stations) edged up 0.15% month over month in January and were up 5.51% year over year, according to the CNBC/NRF Retail Monitor, released Thursday by the National Retail Federation. Total retail sales (including restaurants but excluding automobile dealers and gasoline stations) rose 0.2% month over month…»