The Scottsdale Plaza Resort has been sold to Trinity Investments for $124.3 million, with planned expansions and renovations to update the luxury property.

Ernest Garcia II is Arizona's wealthiest resident with $8.9 billion, according to Forbes, ranking 278th globally. Mark Shoen and Arturo Moreno follow behind in state rankings. Carvana CEO's net worth dropped, while Mat Ishbia's rose significantly.

99 Cents Only Stores are closing all locations in Arizona, California, Nevada, and Texas due to economic challenges, ending over four decades of operation.

Shake Shack and Chipotle are expanding with new drive-thru locations in Scottsdale, emphasizing convenience while maintaining their quality dining experiences.

The City of Mesa announces its Summer Electric Assistance program to help eligible residents reduce their energy bills with savings on service and usage charges.

The Apache Junction Construction Expo aims to gather industry professionals to network, showcase their skills, and seek new partnerships, with opportunities for companies to increase exposure and secure future business.

The Old Station Sub Shop in Phoenix is for sale after 38 years, with an asking price of $139,000. Its owner cites a pickup in business following local cleanup efforts.

Phoenix extends e-scooter and bike program to 24/7 in downtown, with a pilot program to gauge usefulness and enforce safety, including anti-DUI measures.

Arizona's real estate prices are soaring, with the Phoenix area hosting the state's most expensive cities. Paradise Valley tops the list with home values averaging over $3.2 million, reflecting a challenging market for buyers.

Drew Brees-backed Smalls Sliders is expanding into Phoenix with 22 new locations, partnering with Purple Square Management to establish its presence in the western U.S.

Pretty Decent Concepts will revitalize Arizona Center by replacing the former Hooters with three new eateries, aiming to transform it into a destination.

Mesa sets a 4.8% goal for DBE participation in FAA-funded projects to support minority and women-owned businesses. A teleconference for input is scheduled for March 11.

Arizona's home prices continue to rise despite a national real estate slowdown, with areas like Paradise Valley experiencing significant value increases, as reported by AZFamily and Stacker.