A vigorous bidding war kept a standing room only crowd on their toes on Wednesday as two nonprofit hospital systems battled for a 48-acre parcel of Arizona land.
, ratcheting up the price of the land that started at a minimum bid of $56.95 million all the way up to $84 million. The live auction was held Nov. 16 at the Arizona State Land Department offices in downtown Phoenix. Going any higher than that just wouldn't make the numbers work, Laraway told the Phoenix Business Journal after the auction.new West Valley hospitalAfter signing the necessary documents, LaPorte told the Business Journal that he's not so sure there's a need for another hospital campus on that parcel, considering Mayo Clinic Hospital and HonorHealth Scottsdale Thompson Peak Medical Center are nearby.
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HonorHealth outbids Banner Health in Valley land auction - Phoenix Business JournalA bidding war between two nonprofit hospital systems for a highly coveted parcel in north Scottsdale ratcheted up the price of the land by 68%.
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Goodwill of Silicon Valley named a Community Impact Award honoree by Silicon Valley Business Journal - Silicon Valley Business JournalCommunity Impact Awards 2022: Goodwill of Silicon Valley, which has a history that dates back to 1928, hit record revenues in 2021. Its secret: it resigned its retail racks to better capitalize on young adults’ proclivity for bargain-hunting.
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