Safeway, retail and restaurants part of $45 million Buckeye project
A Safeway-anchored shopping center will begin construction early next year in Buckeye, bringing the first grocery store to the Festival Ranch community in the northwest Valley. The development, called Festival Ranch Marketplace, will be built by Pederson Group, the developer of several other grocery-anchored shopping centers around the Valley. The site is located at the northeast corner of Canyon Springs Boulevard and Sun Valley Parkway, about 12 miles away from the…»
Avilla Foothills brings 108 build-to-rent units to Surprise
NexMetro Communities, a national leader in cottage-style build-to-rent (BTR) home neighborhoods, is opening Avilla Foothills this month, a new 108-home luxury rental community in Surprise. Located on a 9.3-acre site at 12350 N. Cotton Lane, the gated neighborhood expands housing options in one of the fastest-growing areas of the Phoenix metro region. Avilla Foothills features a collection of single-level, mostly detached homes designed to offer residents more space, privacy and…»
Data center development fuels soaring demand for skilled construction workers
A nationwide surge in data center development is driving a significant increase in demand for workers with the skills needed to get these facilities up and running, according to a report from Avison Young. The real estate services firm said U.S. data center development in established and emerging markets is fueling strong demand for electricians, plumbers, telecom line workers and installers of heating and cooling systems, among other positions. Employment in those occupations rose…»
Amazon takes over vacant storefronts for 30-minute grocery delivery
Amazon is taking over vacant storefronts and other small properties in the Valley to boost its 30-minute grocery delivery operations. In Phoenix, the company has filed liquor license applications under the name “Prime Now/Amazon Fresh” for two addresses: at 1945 E. Indian School Road, and at 1746 W. Fillmore Street, with other city documents confirming the properties would be used for Amazon’s grocery delivery service and enable it to sell alcohol. The retail giant also…»
One-Bedroom Rents Break Into Positive Territory For The First Time Since 2025
After months of “stickily low” rents in markets weighed down by new supply, the latest Zumper National Rent Report shows the median national one‑bedroom rent rising 0.5% month-over-month in June to $1,526, which is up 0.4% year-over-year. That marks the first positive annual reading for one‑bedroom units since May 2025 and suggests that a long stretch of flat or declining rents may be giving way to a new phase of gradual growth. Two‑bedroom units followed their smaller unit…»