Phoenix Convention Center is mulling over the idea of a big expansion of its south building, a new hotel and the creation of a new entertainment district to better compete with other markets across the U.S. and draw in more visitors downtown.
Kaatz presented three key items that Phoenix could consider changing over the next decade in order to compete with other markets such as Dallas, Nashville, New Orleans and Seattle: Identify opportunities to create a walkable, 24/7 district near the Convention Center as the next step with amenities and pedestrian experiences like pocket parks, seating, shaded structures, nighttime activations and technology uses for transportation.
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SimonCRE plans shopping center next to Village at Prasada, American Furniture Warehouse in Phoenix metro - Phoenix Business JournalBetween its two new retail projects, SimonCRE's Prasada development will total more than 1 million square feet of new commercial space in the Phoenix metro.
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Arizona Defense and Industry Coalition unites regional groups - Phoenix Business JournalThe Arizona Defense and Industry Coaltion says it will promote transparency and engagement and bring greater unity across the industry in the state, which is home to 1,250 defense contractors and generates $10 billion in economic impact.
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Phoenix remains one of the top US real estate markets, per new ULI, PwC report - Phoenix Business JournalSome Sun Belt markets fell in their rankings over the past year due to concerns over inflation and housing affordability. Here's how experts say Phoenix will fare in 2023 amid its unprecedented growth and a looming recession.
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