Phoenix area sees surge in luxury home prices driven by wealthy newcomers, with properties over $20 million and features like indoor aquariums and shooting ranges. Average home prices also hit record highs despite interest rate challenges.

Morrison Ranch Commercial Center in Gilbert, AZ, anchored by Fry's Food Stores, targets a late 2024 opening. The center, spread over 20 acres, will include additional eateries and a fueling station.

Arizona has become one of the top 10 least affordable states for homeowners, with home values rising sharply compared to income, creating challenges for those seeking to buy a home.

Construction starts at The Trailhead, a $100 million retail development in Peoria, with a planned opening in 2024.

Macerich Co., alongside Red Development, has revised the proposed plans for a mixed-use tower at Biltmore Fashion Park, potentially increasing the height to 165 feet.

Georgia Harris is named the new executive director of Playworks Arizona, aiming to provide programs in schools and communities to foster play and education.

The newly-opened Caesars Republic Scottsdale, an 11-story, 265-room hotel, marks Caesars Entertainment's first non-gaming hotel, adjacent to Scottsdale Fashion Square mall and aiming to blend upscale accommodation with shopping experiences.

Major aerospace companies Gulfstream and Virgin Galactic are opening new facilities at Phoenix-Mesa Gateway Airport, signaling a significant economic boost with new high-wage jobs.

The Ninth Circuit Court allows a land swap for a proposed copper mine in Arizona, overruling objections by Indigenous rights advocates who see the site as sacred.

Robin Reed, leader of the Black Chamber of Arizona and original voice actor for Franklin in "Peanuts," passed away at 62. He leaves a legacy in business and community work.

Phoenix Sky Harbor International Airport reports a significant passenger increase in January 2024, with new routes announced, including Frontier's Phoenix-Missoula service starting May 2.

Pentagon Technologies is opening a new semiconductor cleaning facility in Mesa, Arizona by Fall 2024, bringing 300 jobs and investing $50 million in a 65,500 square-foot space to support Arizona's burgeoning semiconductor industry.

The International Dark Sky Discovery Center is underway in Fountain Hills with anticipated completion in 2025, featuring a large telescope and other attractions to promote dark skies.