Peoria is prepping thousands of acres for state‑land auctions; national builders and retailers are lining up as the city spends about $500M to make sites shovel‑ready.

A four‑story Hyatt Studios extended‑stay hotel is proposed on a parcel minutes from TSMC’s Phoenix campus, joining a wave of hotels and retail sprouting around the plant.

Floor & Decor, Dollar Tree, bb.q Chicken and Akamaru have opened at Sonora Village, bringing new retail and dining options to North Scottsdale. The additions reflect continued leasing momentum at the plaza.

A Canadian junior has filed to lease about 268 acres of Arizona state land next to the Lucky Boy uranium project in Gila County, which would nearly double its footprint.

An Andrew Cohn‑led group bought the nearly 300,000‑sq‑ft Tempe Office Park for $61.5M in a deal financed with new private debt from Verde Investments. The buildings were almost fully leased at closing.

Phoenix officials broke ground Thursday on The Moreland, a two‑phase downtown redevelopment that will add affordable and workforce apartments plus resident services. The project replaces the Deck Park Vista site and carries project‑based vouchers for returning residents.

Meritex paid $7.2M for the vacant North Mountain Corporate Center and plans to redevelop the 109K‑SF office park into institutional industrial space.

MoneyLion and Zillow data put Bowie, AZ, at the bottom of Arizona's housing prices — typical single-family values near $66K. Low prices come with limited services and thin inventory.

Organizers say they submitted thousands of signatures to force a public vote on Marana's rezoning for a 600‑acre data‑center campus.

Harvard Investments won nearly 80 acres of state trust land next to Estrella in Goodyear, advancing its Rio 1900 master plan with work possible in late 2027.

Tempe voted to hire Gensler to begin design work on a two‑phase renovation of Diablo Stadium. The move kicks off plans to upgrade player facilities and the fan experience.

A California developer has filed to turn a long‑vacant 25‑acre office campus at 2750 S. Priest Drive into hundreds of thousands of square feet of industrial and manufacturing space. Tempe hearings are underway.

Heitman sold the 270‑unit Biltmore at Camelback in Phoenix to Principal Financial for $97.3 million, ending a 12‑year hold on the asset.