Commercial Real Estate & Business News – March 17, 2025
Huge changes on tap for Scottsdale’s CrackerJax site as $1B redevelopment takes shape The first phase of a $1 billion project to redevelop a shuttered Scottsdale theme park will include restaurants, shopping, housing and a central park space.The Parque, a project to redevelop the former CrackerJax site at Scottsdale Road and Tierra Buena Lane was […]
Commercial Real Estate & Business News – March 14, 2025
TSMC’s $165 billion play in Arizona may be a hedge against the next big war | Opinion We’re just beginning to understand what it means that one of the world’s most powerful companies is planning the largest foreign direct investment in U.S. history here in metro Phoenix. TSMC (Taiwan Semiconductor Manufacturing Company) is making a […]
Commercial Real Estate & Business News – March 13, 2025
Will a Recession Lower Interest Rates? What It Means for Housing Market Wall Street is on edge as concerns about an impending recession continue to grow, fueled by market volatility, new trade tariffs imposed by the Trump administration, and fears that a slowdown could force the Federal Reserve to cut interest rates. Investors are closely […]
Commercial Real Estate & Business News – March 12, 2025
Long-dead downtown Mesa site approaches a resurrection A proposal to bring 1,000 residential units and up to 50,000 square feet of retail to city-owned land in downtown Mesa will likely get the council’s green light. The 25-acre site on the southwest corner of Mesa and University drives has sat dormant for decades after numerous failed…» […]
Commercial Real Estate & Business News – March 11, 2025
TSMC will Invest an Additional $100 Billion in Arizona, add 3 Facilities Following a meeting at the White House today, President Trump and TSMC Chairman and CEO C.C. Wei announced a historic expansion of TSMC’s advanced semiconductor operations in Arizona. TSMC will invest at least an additional $100 billion to build three additional semiconductor fabs […]
Commercial Real Estate & Business News – March 10, 2025
Target, Dick’s Sporting Goods to anchor Mesa mixed-use development Mesa’s latest major retail development is quickly coming together. Medina Station, a 64.5-acre mixed-use development, will break ground next week with two major national retail anchor tenants in the fold. Medina Station developer SimonCRE on March 5 announced Dick’s Sporting Goods…» How Joann’s bankruptcy impacts the […]