Chatham Lodging Trust acquired the Home2 Suites by Hilton Phoenix Downtown for $43.3 million, adding the historic building with a modern addition to its portfolio as its first Arizona property.

Mack Real Estate Group won a Phoenix land auction for $56.28 million, securing a 2,300-acre site near the TSMC complex to develop the Sonoran Oasis Science and Technology Park.

Mayor Giles of Mesa has unveiled a new Youth Climate Action Fund offering grants for youth-led projects on climate issues, supported by Bloomberg Philanthropies with a $50,000 investment.

A Taiwanese bioscience delegation visits Phoenix to seek partnerships and explore the city's medical tech advancements, with support from Mayor Gallego and Congressman Stanton.

The Phoenix City Council approved the Gila Foothills development, including a resort, EV campus, and healthcare facility, on a 300-acre site in Laveen Village.

Architect Ty Harrison listed a hillside lot in Paradise Valley for $2.2 million, including plans for an 11,000-square-foot home, after originally seeking nearly $6 million.

The luxury apartment tower Vero has opened in Tempe, AZ's Novus Innovation Corridor, offering high-end amenities near Arizona State University with units priced from $1,500 to over $3,000.

The Vero apartment tower has opened in Tempe's Novus Innovation Corridor, offering luxury living near ASU, while Mediterranean Shipping Co. leases office space nearby to bolster local employment.

Homebuilding companies are ramping up activity in Phoenix, with Lennar Corp and KB Home expanding their presence amid rising demand fueled by job growth and economic prospects in the area.

Cochise County has updated its manufactured home regulations and inspection fee schedule as part of its collaboration with the Arizona Department of Housing.

Builders are expanding the Phoenix housing market, with companies like Lennar Corp. and Mattamy Homes constructing homes for the workforce influx from the new TSMC plant.

Maricopa is investing 40% of its Capital Improvement Plan budget on road maintenance to improve street conditions, prioritizing crack-sealing and protective coatings on various key roads.

Chandler residents are invited to attend a council meeting to discuss the city's 2024-25 budget and 2025-34 Capital Improvement Program, with opportunities for public input both in-person and online.