Here are the news articles you might find interesting today for commercial real estate and business:
Cubs-ASU talks over stadium use hung up, Mesa mayor says Ask Scott Smith about virtually any pending business deal or development in Mesa, and the reply is generally optimistic. Time lines and particulars may be in flux, but if a deal is going to get done, the mayor will typically say so. He stopped short of such assurances this week, however, when asked about negotiations between Arizona State University and the Chicago Cubs over use of the stadium being built at Riverview. View article…
Valley colleges approve transfer deal Westminster College has signed a transfer-student agreement with the Maricopa Community Colleges, among them Chandler-Gilbert Community College, making it easier for students to continue their higher education at Westminster. All applicable associate degrees from the Maricopa Community College system will transfer to Westminster, which is establishing a campus in downtown Mesa, at 245 W. Second St., in a 53,000-square-foot facility that was the Mesa City Court building. It opens in fall 2013. View article…
Biotech startup to open at Chandler Innovations Incubator HealthTell Inc., a biotechnology startup company, is expanding to the Innovations Incubator in Chandler. HealthTell has developed a system for providing “immunosignatures” for early screening and diagnosis of multiple diseases, such as cancer and Alzheimer’s. View article…
Peoria entertainment/hotel plan closer to reality If Peoria city officials have anything to say about it, Glendale won’t be the only West Valley city with a thriving entertainment district. In fact, Peoria aims to create a vibrant entertainment district and boutique hotel unlike any in the West Valley by the time Super Bowl XLIX hits Glendale in three years. View article…
Phoenix median income well below Arizona average The typical household in Phoenix earns nearly $5,000 less than the median income throughout all of Arizona, according to numbers released today by the U.S. Census Bureau. The median household income in Phoenix was $43,960 in 2011, compared with the statewide median income of $48,621. View article…
HOUSING:
Economists Far More Optimistic on Future of Housing Prices: Survey A strengthening housing market in the past few months has economists making more bullish predictions about the recovery, Zillow revealed Thursday. The company released the results of its most recent Home Price Expectations Survey, showing that economists surveyed expect home prices to rise by a total of 2.3 percent during 2012. This change in sentiment is a major turnaround from June, when respondents predicted home prices would experience a net decline this year. View article…
At 40, McCormick Ranch still desirable place to live The ranch that set the tone for decades of Scottsdale’s suburban development has reached the big 4-0. McCormick Ranch, a working cattle and horse ranch from 1944 to 1970, was developed as Scottsdale’s first master-planned community from 1972 through the 1990s. It has grown into a mature community of more than 3,100 acres with 8,900 homes, condominiums and apartments, and close to 27,000 residents. View article…
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