News

  • Some military personnel stationed in Hawaii who have no dependents will see double-digit increases in their basic allowance for housing rates for 2018, much higher than the national average. The Department of Defense on Friday said housing allowance rates would increase by an average of 0.7 percent starting on Jan. 1 for about 1 million service members around the world. The rates are calculated using median rents and average utilities in each location. The rates and increases are balanced by member…
    Created: 12/15/2017 4:48:23 PM
  • Longtime real estate developer and investor Lew Wolff tells the Business Journal that he wasn’t looking to sell the 805-room luxury hotel initially, but was approached with an offer too good to pass up.
    Created: 12/15/2017 4:03:52 PM
  • The developer chosen by the city to design, build and privately finance the renovation of Kansas City International Airport (Code: MCI) into a single terminal remains "confident" it can reach an agreement despite "new concerns." The status of the bid led by Maryland-based Edgemoor Infrastructure & Real Estate LLC fell into question Thursday, after the City Council voted 9-4 to reject an ordinance authorizing the city manager to execute a memorandum of understanding that laid out a framework for…
    Created: 12/15/2017 3:54:34 PM
  • Other priorities the region's top C-suite organization approved included efforts to diversify STEM education and bolster cybersecurity efforts.
    Created: 12/15/2017 3:05:30 PM
  • The buyer, Fairfield Residential, is planning to build 650 apartments, according to plans filed with the city of Kirkland.
    Created: 12/15/2017 2:21:47 PM
  • Dan Helmick has played a key role in building a Disney parking garage, UF housing and other huge structures.
    Created: 12/15/2017 2:15:03 PM
  • A Santa Clara, California-based company plans to expand its Memphis logistics operations. Agilent Technologies announced Friday, Dec. 15, it wants to invest about $720,000 and create about 117 new jobs in the Mid-South. The Memphis facility will serve as the company's primary American distribution center, serving markets in the U.S., Mexico, Canada and Central America. The expansion is contingent on the approval of a 10-year Fast Track PILOT (payment-in-lieu-of-taxes) by the Economic Development…
    Created: 12/15/2017 2:14:02 PM
  • The property is in west Phoenix.
    Created: 12/15/2017 1:19:28 PM
  • This university is adding to its new campus in Surprise
    Created: 12/15/2017 1:17:47 PM
  • When you tell someone you are from Phoenix (or Arizona), the first thing that usually comes up is the heat. It happens with cab drivers in New York and London, Uber and Lyft drivers in Los Angeles and pretty much anyone you sit next to on a flight or at an airport bar. They are curious about 120-degree days this past summer, droughts and a 90-degree Thanksgiving.  Record heat this summer did cancel some flights at Phoenix Sky Harbor International Airport. Some of those conversations turn to…
    Created: 12/15/2017 1:07:17 PM