Phoenix Business News - Local Phoenix News | The Business Journal of Phoenix

    PBJ Cribs: See inside the art-filled Arcadia-area home of artist Mark Jay Freedman
    Mixed-media artist Mark Jay Freedman and his marketing executive wife Francesca Miller customized their Phoenix home with art and a home studio. Take an exclusive video and photo gallery tour of the residence.

    Scottsdale developer plans 1,000 homes in area dealing with water, utility issues
    The 290-acre site is within the Johnson Utilities service area, where there have been few large land transactions of late. After court action earlier this year, Johnson Utilities was ordered to begin work on water utility upgrades in the area.

    Joint venture to develop $61M in apartments near downtown Phoenix
    Two of the new projects will offer workforce housing, which is one of the most underserved residential segments in and around downtown Phoenix. The developers are already looking to other areas of the region for new projects.

    Looking to hire a programmer? ASU among top schools that train the best
    Arizona State University is among the best schools in the Americas that train computer programmers, according to a recently released analysis. Companies looking to hire qualified programmers may want to overlook Stanford, Caltech and MIT in favor of UC Berkeley, the University of Southern California or ASU, according to the data released by Mountain View, California-based HackerRank. The company offers employers a platform to assess job candidates? skills. After compiling almost 1.5 million such?

    Goodyear approves new Civic Square development
    The city of Goodyear is gearing up to get some new office space courtesy of a new mixed-use space approved Monday by City Council. The Goodyear Civic Square at Estrella Falls was approved unanimously by Council in a deal with Scottsdale-based Globe Corp. that will bring roughly 100,000 square feet of spec office space to the community. The project is estimated to cost $83 million. The development, which will include a new city hall, library and public space, is planned for McDowell Road and 150th?

    The Melting Pot to close Scottsdale restaurant
    After 22 years in Scottsdale, The Melting Pot will close that location in September, according to an announcement posted last Friday on its Facebook page. "Valued fans, we regret to announce that The Melting Pot of Scottsdale will be closing for business indefinitely as of Monday, September 30. This closure is strictly a carefully planned and weighed business decision. Despite our best efforts, we were unable to secure a mutually beneficial lease extension with the current landlord of our Scottsdale?

    Cactus League sets early start with 2020 schedule
    The upcoming Cactus League spring training season will be one of the earliest starts in the league?s history ? on Saturday, Feb. 22. As Major League Baseball continues to start its season earlier and earlier ? opening day is on March 26 next year ? the Cactus League has to adjust. That means starting earlier and sometimes playing fewer games. The 2020 season, released Monday by the Cactus League, will include a total of 228 games across the 15 MLB teams that play at 10 Phoenix-area ballparks.?

    Nike buys facility for proposed Goodyear plant
    Nike Inc. has spent nearly $70 million for a building that will be transformed into its Goodyear shoe factory. The Beaverton, Oregon-based apparel maker paid cash for an industrial facility at 575 S. 143rd Ave. in the West Valley near the Phoenix Goodyear Airport, an area that has become a hotbed of industrial development. The seller was GSLP Goodyear LLC, an entity of Goldman Sachs Realty Management LLC. According to public records, Nike paid $69,832,600 for the building. Nike (NYSE: NKE) announced?

    Avnet could save millions of dollars with Valley foreign trade zone status
    It's the first FTZ designation for Avnet and is at the company?s largest warehouse in the Americas, located in the East Valley. Meanwhile, two startup vehicle manufacturers are applying for FTZ status in Pinal County.

    Fiesta Bowl makes major donation to Phoenix park revitalization
    Margaret T. Hance Park is now $2 million closer to its planned $100 million renovation, but whether it will be ready for the 2023 Super Bowl celebration will depend on if it can secure additional corporate donations.

Brock Danielson
Phone: 602-881-8852
Mobile: 602-881-8852