arizona department of commerce Archives

Deco Communities Acquires Sunshine Terrace Apts. for $4M

Deco Communities
by in Brokerage | Business News

Scottsdale-based real estate development and investment company Deco Communities has expanded its Arizona portfolio once again with the acquisition of Sunshine Terrace Apartments in Phoenix. The 75-unit property was purchased for $4M on Nov. 19.  Sunshine Terrace joins Deco Communities expansive real estate portfolio that spans  Arizona and Nevada. Located at 5615 N. 7th Street… Read More →

Liberty Center at Rio Salado Ready for Construction

Tempe Rendering - PR 9-9-13
by in Construction | Mixed-Use

Bulldozers and backhoes are in motion at Liberty Center at Rio Salado, the new sustainable mixed-use business park under development by Liberty Property Trust in Tempe at Priest Road and Rio Salado Parkway. The company is readying the location for construction with the recent approval of its site plan by the City of Tempe. “Rising… Read More →

Arizona Commerce Authority Celebrates Its 1st Anniversary

Arizona Commerce Authority, AZRE Magazine November/December 2011
by in Job Creation

With the Arizona Commerce Authority celebrating its 1st year, jobs remain the focus as the state’s CRE industry reaps the benefits. In August, Tempe-based First Solar purchased 635 acres in Pinal County for $9.8M and announced plans to build a generating station on the property. The rapidly expanding, clean-energy company is still constructing its solar module… Read More →

Arizona Commerce Authority Aims To Bolster The Business Environment

Arizona Commerce Authority - AZ Business Magazine September/October 2011
by in AZ Business Magazine | Economy | Workforce

The new kid on Arizona’s economic development scene is poised to shake things up. The Arizona Commerce Authority (ACA), a public/private entity, is not merely a name change, a rebranding of the Arizona Department of Commerce that over the years received its share of praise and an increasing level of criticism. And it’s not just… Read More →

Speaker: G Street Speakers ~ BIG Green Expo & Conference 2011

BIG Green Expo & Conference 2011
by in Events | Green

The Energy Code Workshop by G Street G Street’s workshop is an introduction to “The Energy Code Workshop,” an innovative program initiated through coordinated efforts by the Department of Energy and the Arizona Department of Commerce. This powerful program furthers awareness and assists building professionals in improving performance buildings as guided by the IECC. This… Read More →

Arizona Commerce Authority Is Tasked With Re-Invigorating The State’s Economy

Arizona Commerce Authority
by in Economy

As Arizona enters 2011, unemployment continues at about 9.5 percent, and according to one national ranking of commercial real estate site selectors, Arizona’s reputation as a business-friendly state continues to slide. That’s where the newly formed Arizona Commerce Authority comes in. “It’s not about re-branding, and it’s not about a committee,” says Don Cardon, ACA… Read More →

Cardon Named CEO, President Of State’s New Commerce Authority

Arizona Commerce Authority
by in Economy

Don Cardon today was officially named CEO and President of the newly formed Arizona Commerce Authority by Gov. Jan Brewer at the ACA board meeting at the Arizona Capitol. Brewer named Cardon Director of the Arizona Department of Commerce in May 2009. On June 29, 2010, Brewer issued an Executive Order establishing the ACA and… Read More →

Arizona Commerce Authority: Team Effort in Arizona CRE

Arizona Commerce Authority - AZRE Magazine November/December 2010
by in Economic Development

If there’s one person who can help give Arizona the home-field advantage when it comes to attracting new businesses, new jobs and making the state more competitive in the global market, it’s Jerry Colangelo, the vice chairman of the Arizona Commerce Authority. Perhaps that’s why Gov. Jan Brewer picked the Valley businessman as vice chairman… Read More →

Boeing’s Mesa Operations Land Major Defense Contract

Apache Longbow
by in Economy

Arizona is on the receiving end of a multimillion-dollar defense contract. The Boeing Company announced that it has received a $247 million contract to begin initial production of the U.S. Army’s AH-64D Apache Block III helicopter, the most advanced multi-role combat helicopter in the world. The helicopters will be assembled, flight-tested and delivered from the… Read More →

Jobs Grow Modestly; State’s Unemployment Rate Is Unchanged

by in Economy | Featured

The state added 16,000 jobs in September, mostly due to the start of the new school year. Despite the modest gains, the Arizona Department of Commerce reported today that the state’s unemployment rate remains at 9.7 percent Sept. 2010 Aug. 2010 Sept. 2009 United States 9.6% 9.6% 9.8% Arizona 9.7% 9.7% 9.4% Year-over-year, total non-farm… Read More →

Fewer Jobs Will Be Lost This Year, But Growth Will Remain Slow In 2011

by in Economy | Featured

In an updated forecast released today, the Arizona Department of Commerce Forecast reports that the state’s nonfarm job losses for 2010 have been revised downwardly. The department now forecasts that the state’s economy will lose 25,700 jobs this year, as opposed to the 50,400 originally forecast. However, the department also revised its forecast on how… Read More →

Arizona’s Unemployment Rate Climbs In August

by in Economy | Workforce

Despite some gains in the governmental sector, the state’s unemployment rate for August rose one-tenth of a percent to 9.7 percent as private sector hiring was flat, according to the Arizona Department of Commerce. Usually, Arizona’s economy generates jobs in August, but last month only 28,000 jobs were created. That was still better than August… Read More →

Can Green Save The Day? Leaders Across The Valley And State Are Betting That Sustainability Will Help Lead To Economic Stability

2 wind turbine with solar panels in front of a blue cloudy sky

Search for the word “sustainability” on Google and you’ll end up with nearly 25 million hits. But what does sustainability mean to Arizona, especially as the state’s economy crawls out of the crater left behind by the recession? “The word sustainability and the word green means different things to different people — it’s more than… Read More →

2009 HR Industry Leader Of The Year Honoree

by in Events

Name: Patrick Burkhart Title: Assistant Director Company: Maricopa County Human Services Department/ Maricopa Workforce Connections Years with city: 3.5 Years in current position: 2.5 Entity Established: 1998 Employees in AZ: 71 Employees in HR dept.: 4 Words such as “tirelessly” and “diligently” are used to describe the work ethic of Patrick Burkhart as he… Read More →