Walmart will anchor a major retail-and-auto development at Mesa’s new SR‑24 interchange, pairing an expansive auto mall with a 65‑acre power center. The store is slated for Q4 2026.

Construction financing has closed for 162 affordable units at Tempe’s Dorsey Station, unlocking demolition this summer and a broader 400‑unit plan.

New Jersey-based Walden Group paid $57M for three Phoenix-area golf clubs; Thompson Golf Management will continue operating them under a multiyear deal.

Closed sales in Phoenix rose in May even as prices flattened, local MLS data shows. Buyers who timed the spring rate dip found negotiating leverage.

Pederson Group plans a Safeway-anchored, roughly 114,000-square-foot Festival Ranch Marketplace in far-north Buckeye to serve the growing Festival Ranch community.

A firm tied to Anthropic’s data-center plans has leased about 1.1 million square feet at Luke Field in Glendale, per filings and local reporting. The moves underscore rising AI-related industrial demand in the West Valley.

Arizona won its sixth straight Gold Shovel Award as Amkor’s $7B Peoria campus and Axon’s Scottsdale HQ helped push the state back to the top of Area Development’s list.

Tenants at The Flats say they've been without working air-conditioning for weeks as indoor temps climbed into the 90s and, in some units, past 100°F. Management says repairs are complete; residents remain skeptical.

Leases and condo sales at Optima's $1B McDowell Mountain are outpacing the developer's timeline, with rooftop pools and early reservations driving demand.

XNRGY’s 275,000‑sq‑ft Mesa 1 plant is online and the company is moving ahead with a larger campus at Gateway East, promising hundreds of jobs and more capacity.

Intel’s 2.9M‑sq‑ft Fab 52 in Chandler won Project of the Year after a 3.5‑year, crane‑heavy build and now moves into high‑volume 18A production.

ASU, through the Arizona Board of Regents, has filed to take the 124‑year‑old Louis Emerson House in downtown Phoenix, setting up a fight between the university and preservationists.

Scottsdale adopted Ordinance No. 4719 to stop short‑term rentals from operating as commercial event venues and to sharpen enforcement tools for promoter‑style listings.