First Costco on Native American land in US coming near Scottsdale
Costco will begin construction this summer on land in the Salt River Pima-Maricopa Indian Community near Scottsdale, part of the Scottsdale AutoShow at Salt River. The Costco will total 162,000 square feet and employ about 250 people full time, said Bryan Meyers, community manager for Salt River Pima-Maricopa Indian Community at a tribal council meeting on March 11. The retailer agreed to hiring preferences for tribal members, Meyers said at the meeting. The store will sit…»
Retailers post uneven earnings across resilient sector
Earnings results reported by major retailers through mid-March 2026, covering the late 2025 holiday season and the start of 2026, suggest that consumer spending has not fallen off a cliff. Rather, the reports confirm that shoppers are becoming more selective about where and how they spend. That selectivity was evident in three broad themes: lower‑priced retailers continue to gain ground, consumer spending on non‑essential items remains sensitive to price and frequency, and financial…»
Soon-to-open Shorehaven redefines Tempe Town Lake living
Pre-leasing is now underway at Shorehaven, a luxury waterfront residential community rising along Tempe Town Lake as part of the $1.8 billion South Pier master-planned development. Shorehaven is a three-tower, 722-unit mixed-use community offering studio, one-, two-, and three-bedroom residences, along with approximately 26,000 square feet of ground-floor retail. Situated on one of the last major lakefront parcels in Tempe, the community will be surrounded by future…»
Work begins on massive $7B development around TSMC in Phoenix
Halo Vista, the 2,300-acre development that surrounds the Taiwan Semiconductor Manufacturing Co. plant in north Phoenix, began construction March 26, kicking off a project that will eventually bring 30 million square feet of new development to the area. The development, led by Mack Real Estate Group and McCourt Partners, will cost about $7 billion to develop. The project encircles TSMC’s 1,100-acre site on three sides, located near Interstate 17 and Loop 303. Plans call for several…»
Massive Commerce 303 breaks ground in Glendale
BPR Companies has officially broken ground on EQT Real Estate Commerce 303, a 497,234-square-foot cross-dock speculative warehouse located in Glendale’s rapidly expanding industrial corridor. The project is situated on a 70-acre site at 15600 W. Camelback Rd., Glendale, AZ 85340, strategically positioned to serve the growing logistics and distribution needs of the West Valley. Commerce 303 is designed to meet the evolving demands of modern industrial users and will feature…»