Tag Archives: phoenix

Staci Glass TRB_6267-Edit

Midwestern Appoints New Director of Development

Kathleen H. Goeppinger, Ph.D., President and CEO of Midwestern University, announced a new director on the University’s Glendale Campus.

Staci Glass has been named Director of Development and Alumni Relations for the Glendale Campus. Ms. Glass brings nearly two decades of administrative, planning, fund-raising, and event management experience to Midwestern. Most recently, Ms. Glass served as the Chief Development Officer of Florence Crittenton Services of Arizona; she has also worked in the past for Hacienda HealthCare of Phoenix and the Arizona Osteopathic Medical Association.

Over her professional career, Ms. Glass has been heavily involved in Valley non-profit operations. She has worked with such organizations as the Junior League of Phoenix, Junior Achievement, and Arizona Spina Bifida, and is a past president of the Rotary Club of Phoenix West. She has also volunteered for the Halo Animal Shelter, Child Crisis Center, and the Ronald McDonald House.

“I am both grateful and excited to join the Midwestern University family in supporting the mission of educating tomorrow’s healthcare team and building resources for our students, faculty, and patients,” said Ms. Glass.

In her new role at Midwestern University, Ms. Glass will oversee fundraising and alumni relations for all of the University’s six colleges, including event sponsorship programs, corporate and foundation relations, annual giving, major gifts, donor stewardship, alumni organizations and programs, and grant writing.

stanton

Stanton, Gallego Work to Close Gender Pay Gap

Mayor Greg Stanton and Councilwoman Kate Gallego announced Tuesday a new effort to ensure that City of Phoenix contractors – those paid with taxpayer dollars – practice equal pay for equal work among men and women.

This morning, on National Equal Pay Day, Stanton asked Gallego to lead an effort over the next few months to draft an equal pay measure that better ensures fair pay in the workplace, and includes mechanisms to enforce the policy.

Across the nation, women are paid 77 cents for every dollar their male counterparts make. Although it trails the District of Columbia in pay equity, Arizona has the smallest pay gap among the 50 states: women earn about 86 percent of what their male counterparts earned. [Source: U.S. Bureau of Labor Statistics]

“The fact that women are paid less for the same work as men is a strike at our core values,” said Stanton. “We have a responsibility to do something about it, and we can take the lead in Phoenix by making sure that companies who do business with the city pay equal wages for equal work.”

“We know that when women win, Phoenix will win,” said Gallego. “I look forward to the day when Equal Pay Day will be January 1. Women should no longer have to work more than four additional months to make the same salary that men did last year. I appreciate Mayor Stanton’s leadership on this important issue.”

Later this year, Gallego will present her recommendation for a City Council vote. As a state, Arizona last considered equal pay legislation in the 1970s. [Source: “BLS data: Arizona has lowest gender pay gap among states,” Cronkite News Service, Feb. 1, 2014]

“I applaud the efforts of my colleagues to close the gender wage gap here in Phoenix,” said Councilwoman Laura Pastor. “Especially in District 4, home to many working families and female-headed households, this effort has the potential not only to help women in the workforce, but to truly move our community forward.”

Equal Pay Day aims to raise public awareness about the gap between men’s and women’s wages. The date – April 8 – was selected to represent how long into the year women must work to earn what men made last year.

Over the course of a woman’s career, pay inequality adds up. “A women who worked full time, year round would typically lose $443,360 in a 40-year period due to the wage gap, and have to work 12 years longer than her male counterpart to make up this gap.” [Source: Fifty Years and Counting: The Unfinished Business of Achieving Fair Pay, National Women’s Law Center, 2013]

Wage discrimination harms families. Women are the primary breadwinners in more than 41 percent of families with children, including 8.6 million families across the country headed by single mothers. [Source: National Women’s Law Center]

The gender gap has not closed in nearly a dozen years. Women earned 77 percent of their male counterparts’ earnings in both 2002 and 2013. [Source: U.S. Bureau of Labor Statistics]

Minorities experience the most significant pay gap. Hispanic women make 53 percent of what white men make; Native American women make 60 percent; and African-American women make 64 percent. [Source: U.S. Census Bureau, 2012 American Community Survey]

There is a gender pay gap in nearly every occupation. A 2014 report from the American Association of University Women found that, “From elementary and middle-school teachers to computer programmers, women are paid less than men in female-dominated, gender-balanced, and male-dominated occupations.”

Education does not close the gender gap. “At every level of academic achievement, women’s median earnings are less than men’s median earnings, and in some cases, the gender gap is larger at higher levels of education.” [Source: The Simple Truth About the Gender Pay Gap, American Association of University Women, 2014]

At all education levels, even after experience is considered, the wage gap gets worse as a woman’s career progresses. “A Bloomberg Businessweek story examined wage gaps within occupations and found that out of 265 major occupations, women’s median salary exceeded men’s in only one occupation – personal care and service workers.” [Source: FAQ About the Wage Gap, National Women’s Law Center, September 2013]

Professional women sometimes experience the most significant pay gap. “Female CEOs earn 69 cents for every dollars earned by their male counterparts, and female lawyers make tens of thousands of dollars less than their male peers.” [Source: Think Progress, Jan. 29, 2013]

Female newspaper editors, for example, earn 79 percent of their male counterparts, and male paralegals earn 11 percent more than women in the same job. [Source: U.S. Bureau of Labor Statistics]

The pay gap grows and wage loss accumulates over the course of a woman’s career. “By the time women reach 39, their wage growth pretty much stops altogether.” Wage growth for men continues until age 48. [Source: “Mapping the Glass Ceiling,” New York Times, May 29, 2012].

Women without children experience wage discrimination. Just a year out of college, women make 82 percent of the wage of male peers who do similar work.

87665813

New East Valley Women’s Professional Group Launches

The Phoenix-metro-based Women of Scottsdale and Central Phoenix Women groups proudly announce the launch of a third, localized chapter, East Valley Women being added to serve women business professionals who live or work in Tempe, Mesa, Gilbert, and Chandler. East Valley Women will meet on the third Tuesday of every month from 7:30am to 9am at the Hilton Phoenix/Mesa in Mesa, Ariz., beginning on Tax Day, Tuesday, April 15, 2014.

The new East Valley Women group is a sister organization of the esteemed Women of Scottsdale, founded in 1998 and Central Phoenix Women, founded in 2006 by Linda Herold. Herold retired in December 2013, and named JoAnn Holland CEO of the groups. It is under her stewardship that the East Valley Women group has launched. The groups endeavor to support women beginning their professional career, business and professional leaders, women in government, women in education and those who have retired to create a deep and long-lasting community of mutual support.

The group has named community alumna Jodi Towns as the Inaugural Director of the new east valley group and she will serve a two-year term; promoting membership and business sponsorship for the new chapter, as well as acting as Master of Ceremonies at monthly meetings. As the new Inaugural Director, Towns intends to further the spirit of community support with a focus on communities east of Phoenix and Scottsdale. She will continue as the Director of Practice Management for LifeScape Premier, a Scottsdale-based concierge medical practice that has been actively involved in supporting and sponsoring Women of Scottsdale and Central Phoenix Women for several years, and is looking forward to launching the nascent East Valley group.

“I’m honored to uphold and extend the tradition and support that these fine groups provide business women in our communities,” says Towns. “With the new group serving the East Valley we’ll be able to reach, serve and bring more fantastic women into the fray.”

The groups’ CEO and founder is equally pleased with the chapter developments. “Jodi has been such a passionate advocate for our existing groups and we’re thrilled to have her leading the charge for the East Valley,” states JoAnn Holland. “We look forward to continued success under her direction with the new East Valley Women chapter.”

For more information about East Valley Women, please like them on Facebook at http://www.facebook.com/eastvalleywomen

To sign up for the breakfast on April 15th please contact JoAnn Holland – CEO and Founder at ceo@eastvalleywomen.org or Anita Welsch – anita@eastvalleywomen.org or 480-567-8131

bioscience

Bioscience Roadmap gets an extension through 2025

The strategic plan that has guided Arizona’s fast-growing bioscience sector for nearly 12 years is gearing up for a new decade.

“Arizona’s Bioscience Roadmap: 2014-2025” will be unveiled starting April 8 at events in Phoenix, Tucson, and Flagstaff, the state’s three metropolitan areas that feature growing bioscience hubs. The plan includes updated strategies that can strengthen and diversify Arizona’s economy while providing Arizonans access to the latest health care innovations.

“The updated Bioscience Roadmap builds on the successes of its first decade and adds contemporary strategies to take Arizona’s bioscience base to the next level,” said Jack Jewett, President & CEO of the Flinn Foundation, which commissioned the update and the original Bioscience Roadmap in 2002. “Arizona is now known as a top emerging bioscience state, but we have far to go to reach our full potential.”

The updated Roadmap will continue to focus on developing Arizona’s biomedical research infrastructure but will emphasize turning this research into new therapies, products, diagnostics, jobs, firms, and other benefits to Arizona. Commercialization, entrepreneurship, creating a critical mass of bioscience firms, and the development of talent are prime themes.

The Roadmap’s overarching vision is for Arizona—a young but rapidly growing state in the biosciences—to become a global competitor and national leader in select areas of the biosciences by 2025.

Over the first decade, Arizona built major research facilities at its universities, formed new private research institutes, attracted top talent, created high-tech business incubators, and greatly expanded statewide STEM (science, technology, education, math) education programs. The number of Arizona bioscience industry jobs grew by 45 percent, nearly four times greater than the nation.

“Arizona has many bioscience strengths and opportunities, but a substantial increase in private and public investment will be needed over the next decade to realize the Roadmap’s goals,” said Walter Plosila, senior advisor to the Battelle Technology Partnership Practice, the Columbus, Ohio-based nonprofit research and development organization that authored the original Roadmap and its update.

Plosila noted that Arizona’s greatest needs are access to risk capital by startup and emerging bioscience firms, building a stronger bioscience entrepreneurship culture, and an expansion of the research infrastructure combined with commercialization at the state’s universities.

The new Roadmap plan features five goals, 17 strategies, and 77 proposed actions. The actions are meant to evolve as needs change over the course of the decade. The plan was developed by Battelle following research, interviews, and focus groups with more than 150 local and national bioscience leaders, including extensive input from Arizona’s Bioscience Roadmap Steering Committee, a body of more than 100 statewide leaders in science, business, academia, and government.

“An emphasis on the full spectrum of the biosciences—from research to hospitals to bio-agriculture—and a renewed focus on resources, collaboration, and long-term patience is needed for Arizona to continue its ascent in the biosciences,” said Martin Shultz, Senior Policy Director for Brownstein Hyatt Farber Schreck, who chairs the Roadmap Steering Committee. “The impact can be profound—the biosciences are a multibillion-dollar industry for Arizona.”

There are six industry segments that comprise the biosciences in Arizona: agricultural feedstock and chemicals; drugs, pharmaceuticals, and diagnostics; medical devices and equipment; research, testing, and medical labs; bioscience-related distribution; and hospitals. A new economic-impact analysis by Battelle estimates the total revenue generated annually by Arizona’s bioscience industry—not counting hospitals—to be $14 billion. With hospitals included, the figure exceeds $36 billion.

Based on the latest industry data (2012), Arizona currently has 106,846 bioscience jobs spread across 1,382 establishments and an annual average wage of $62,775—39 percent higher than the private-sector average. These numbers do not include academic research jobs at the state universities or private research institutes.

Hospitals account for the majority of the state’s bioscience jobs. With hospitals removed from the equation, the other segments combine for 23,545 jobs, 1,266 establishments, and average annual wages of $85,571. Growth in the non-hospital segments accelerated dramatically over the last few years.

The bioscience-related distribution subsector is a new addition to Arizona’s bioscience definition, following the lead of the Biotechnology Industry Organization, the nation’s bioscience trade association. Companies in this subsector coordinate the delivery of bioscience-related products through processes such as cold storage and product monitoring, and new technologies such as automated pharmaceutical distribution systems. This change also called for several smaller industries to be dropped from Arizona’s definition.

The Roadmap also presents updated data on Arizona’s performance in generating grants from the National Institutes of Health, academic research expenditures, venture capital, and tech-transfer measures involving the state universities. These metrics plus industry measures will be tracked throughout the decade by Battelle and reported by the Flinn Foundation.

The Roadmap also includes analyses of Arizona’s bioscience sector that were critical in developing the strategies and actions, such as an assessment of Arizona’s bioscience strengths, weaknesses, opportunities, and challenges. It identified Arizona’s core competencies as cancer research, neurosciences, bioengineering, agricultural biotechnology, imaging sciences, precision medicine, diagnostics, health information technologies, and health economics.

The Flinn Foundation is a privately endowed, philanthropic grantmaking organization established in 1965 by Dr. Robert S. and Irene P. Flinn to improve the quality of life in Arizona to benefit future generations. The Phoenix-based foundation supports the advancement of the biosciences in Arizona, as well as a merit-based college scholarship program, arts and culture, and the Arizona Center for Civic Leadership. “Arizona’s Bioscience Roadmap: 2014-2025” is available for download at www.flinn.org.

taxes

REDW Among Fastest-Growing Accounting Firms

REDW LLC, one of the largest and most respected certified public accounting and business consulting firms in the Southwest, announced that AccountingToday.com named the company the fourth fastest-growing accounting firm in the U.S. during 2013. REDW was also recognized as the fifth largest accounting firm in the southwestern United States.

AccountingToday.com , is a leading provider of online business news for the tax and accounting community. The ranking follows Albuquerque-based REDW’s merger with Phoenix based firms Abalos & Associates PLLC, and Miller, Allen & Co., P.C. in late 2012. The combined firm, showed a 33.52% growth in 2013 with revenues of $26.45 million.

“Our Phoenix operations continue to grow following the successful mergers to create one great team of like-minded professionals,” said Sandy Abalos, Principal-in-Charge of the Phoenix office.. “Year one of the merger we focused on a seamless transition into a single entity, and with that overwhelmingly successful effort we expect even stronger benefits in 2014 as we focus on strategic organic growth and increased efficiencies between our Phoenix and Albuquerque offices.”

“REDW’s growth into Phoenix catapulted us to being ranked the fifth largest accounting firm in the southwestern United States and the fourth fastest growing accounting firm in the entire United States,” said Ron Rivera, REDW’s Managing Principal. “The talented team in Phoenix and the synergies and opportunities that the Phoenix office provides REDW as a whole will benefit our ability to continue our organic growth and will serve as a growth model as we look to expand into new markets. Ultimately, our growth is all about our clients as we strive to ensure we maintain the level of forward-thinking business advice that our clients expect from us to meet and exceed their ever-evolving needs.

The AccountingToday.com ranking is based on the percentage increase in income- not dollar amounts- to determine which firms experienced the greatest growth. To view the AccountingToday.com rankings, click here.

aerospace

Industry leaders view aerospace prospects

Through a joint effort led by Phoenix-Mesa Gateway Airport Authority, Able Aerospace Services and SRP, industry leaders at next week’s MRO Americas convention in Phoenix will gain a birds-eye view of expansion and relocation opportunities in the Valley. The opportunity comes courtesy of a VIP aerial helicopter tour, as well as a reception and tour at Able Aerospace Services—a $20 million build-to-suit success story at Phoenix-Mesa Gateway Airport.

“We are extremely proud of our relocation to Gateway, not only because of our expansion into a state-of-the-art facility but also because of the partnership that this building represents,” said Lee Benson, CEO of Able Aerospace Services. “This was a collaboration in every sense. We are honored to share our story with others in our industry who might benefit from these same opportunities.”

A total of three VIP tours will depart from downtown Phoenix on Tuesday, April 8, 2014 on a Bell 212 helicopter provided by event partner SRP. The tour will fly participants over Greater Phoenix for an aerial view of the Valley, then make an intermediate stop at Phoenix-Mesa Gateway Airport for a reception and tour of the new $20 million Able Aerospace Services headquarters—an industry leading repair, overhaul, design and manufacturing facility, and a leading aftermarket supplier of FAA-approved replacement parts.

The Able event will include a short presentation on the cost savings incentives that made its new facility possible, and provide an opportunity for guests to talk directly with local leaders and partners in the MRO aerial tour, including the City of Phoenix, City of Mesa, Town of Gilbert, Town of Queen Creek, City of Apache Junction and the Gila River Indian Community. The return flight will fly over Falcon Field, then back to downtown Phoenix.

“This is a truly unique way for us to share Greater Phoenix’s regional assets with aerospace leaders from across the globe,” said Phoenix-Mesa Gateway Airport Business Development Director Michael Merk. “In the span of about 100 minutes, we will showcase the best and brightest of our development and expansion opportunities—from the sky and from the state-of-the-art Able Aerospace Services operation that has made Gateway Airport a true manufacturing destination.”

MRO Americas provides a world-class venue for the aviation/aerospace industry to exchange ideas, share best practices, gain knowledge, generate new business leads and cement existing relationships with other commercial air transport, maintenance, repair and overhaul leaders. The three-day event is held at a different U.S. location each year. This year, it is being held April 8 – 10 at the Phoenix Convention Center.

Klein_Leslie

Greenberg Traurig Names New Co-Chair

Les Klein, a shareholder in the Phoenix office of the international law firm Greenberg Traurig, has been named Co-Chair of the firm’s Global Benefits and Compensation Group. Klein, with more than 30 years of experience in all aspects of employee benefits and executive compensation, is joined by Co-Chair Jeffrey Mamorsky from the firm’s New York office.

“This recognition is well deserved,” said John Cummerford, co-managing shareholder of the law firm’s Phoenix office. “Les is well known and respected nationally for his employee benefits and executive compensation experience, and his appointment to Co-Chair of the Global Benefits and Compensation Group gives the Phoenix office a unique perspective and ability to explore unmet needs in our local business community. His proven ability to creatively tackle new regulatory challenges and identify new employer trends aligns well with our business objective of providing the very best client service to all our clients.”

Klein has more than three decades of experience advising public and private companies, non-for-profit corporations, fiduciaries and executives involving various employee benefits and executive compensation matters. Klein is recognized as a Fellow of the American College of Employee Benefits Counsel and is admitted to practice law in Arizona and Illinois. Klein earned his J.D. at Chicago-Kent College of Law, Illinois Institute of Technology and holds a B.S., in Accountancy from the University of Illinois at Urbana-Champaign.

“Having had the privilege of serving for many years as Co-Chair of our Global Benefits and Compensation Group, I thought it was time for me to step down and allow for some new blood to be introduced into that role,” said Greenberg Traurig Shareholder Steve Lapidus. “I could not be more pleased to announce that Les Klein has agreed to take on that responsibility, and will serve as Co-Chair with Jeff Mamorsky in my stead effective immediately. I know that Les has the confidence and support of all in our group and that makes

celebrity-fight-night

Fight Night Auction Includes Trip to Space

Celebrity Fight Night, one of the nation’s most impactful charity events, with XCOR Aerospace, announced today a new space flight experience onboard the XCOR® Lynx® to be auctioned off live, Saturday, April 12 at Celebrity Fight Night XX. This package, along with other items up for auction that night, will help raise money for charity at the milestone 20th anniversary Celebrity Fight Night event at the JW Marriott Desert Ridge Resort & Spa in Phoenix.

This exclusive package includes space flight training at Air Combat USA of Fullerton, California, a space suit fitting and an actual space flight experience onboard the XCOR Lynx, a two-seat spacecraft. XCOR Chief Test Pilot and former NASA Space Shuttle Commander Colonel Rick Searfoss will then pilot two separate missions onboard Lynx, one with the auction winner and one with John Corbett, to the edge of space.

The package also includes a pre-flight physical exam as part of the auction winner’s training, a video of the training day experience, a demonstration of a Lynx launch, two first class tickets to Los Angeles and deluxe hotel accommodations.

The XCOR Lynx flight will depart from a runway at the Mojave Air and Space Port north of Los Angeles, rocketing up to 200,000 feet in five minutes to suborbital space. Lynx will then go through several minutes of weightlessness and gently glide home, for a total time of about 35 minutes of flight.

Actor and country musician John Corbett is well-known for his role as Seth Holt in NBC’s hit dramedy Parenthood, and his self-titled debut country album, which climbed to number 42 on Billboard’s Country Albums chart.

“As an artist, I never for a second dreamed that I could make a living making music. And as a child who was inspired by the Apollo program, I would never have dreamed that the experience of space would be so close at hand–until Celebrity Fight Night connected me with XCOR. To be standing at the threshold of an actual space flight is almost more than I can imagine.”

Colonel Searfoss is both XCOR’s Chief Test Pilot and one of only 100 individuals to actually have commanded a Space Shuttle mission (STS-90). Over his career he has logged 939 hours in space, with 6,000 hours flying more than 79 types of aircraft.

Colonel Searfoss stated that XCOR Lynx is “all of the experiences I had flying the Shuttle, all those phases of flight: the boost, the weightlessness.” But the best part, he added, “is the fact that you’re up in a pilot seat, with me, as opposed to being in the back like a passenger on an airliner. It’s really a ‘Right Stuff’ experience. And I couldn’t be more excited to share the opportunity for this experience with John and Celebrity Fight Night.”

Celebrity Fight Night executive director Sean Currie added that CFN, “now in its twentieth year, could not be more excited to offer this once-in-a-lifetime package with XCOR and Colonel Searfoss. This is truly the experience of a lifetime and we are honored that John Corbett is the explorer who will take part in that journey.”

“Because XCOR Lynx is what Commander Searfoss calls a ‘Right Stuff’ experience, it is important to us to work with a celebrity who is not only moved by the idea of a Lynx flight, but also truly gets the vision of space exploration,” said XCOR representative Greg Claxton. “And all of this could not be for a better cause.”

Celebrity Fight Night’s luxury live auction items are one of the most anticipated aspects of the action-packed evening. The coveted auction items are once-in-a-lifetime experiences that cannot be bought or found elsewhere. The items often go for hundreds of thousands of dollars, helping Celebrity Fight Night contribute a significant amount of dollars to the Muhammad Ali Parkinson Center at Barrow Neurological Institute and other charities. Other auction items and packages previously announced include: dinner with Billy Crystal and Robert De Niro; dinner with Reba McEntire in her Beverly Hills home; backstage dinner with Michael Bublé, a summer weekend with the Kennedys in Cape Cod; an all-inclusive getaway at a private lodge in British Columbia; a west coast trip on the Patron Tequila Express 1927 Vintage Rail Car; a four night stay with Richard Branson on his private British Virgin Islands Necker Island, for a Leadership Gathering, and more.

Joining Muhammad Ali for this special anniversary milestone will be memorable performances from Michael Bublé, The Band Perry and Kenny Rogers. During the gala, Bublé, entertainment icon Robert De Niro as well as philanthropist John Paul DeJoria will be honored with Muhammad Ali Celebrity Fight Night Awards. Billy Crystal will make a special introduction for De Niro; and Bobby Kennedy, Jr. will introduce DeJoria.

Over the past 19 years, Celebrity Fight Night has raised $87 million for the Muhammad Ali Parkinson Center and other charities.

Individual tickets range from $1,500 to $10,000 each and tables of 10 are priced from $15,000 to $100,000 each. For reservations, please call (602) 956-1121.

Celebrity Fight Night XX sponsors include USA Today Sports, Patrón, GoDaddy, PRO EM, XCOR Aerospace, ETIHAD Airlines and M Group Scenic Studios.

bioscience

Arizona Biomedical Corridor advances

Phoenix Mayor Greg Stanton and the City Council today approved the Phoenix Industrial Development Authority to issue up to $180 million in revenue bonds to finance Mayo Clinic’s new proton beam radiation therapy center.

The Council also approved a two-year extension of its agreement with ASU and Mayo Clinic to continue collaborative planning efforts to develop the Arizona Biomedical Corridor in northeast Phoenix.

The Mayo Clinic Cancer Center, the corridor’s anchor, will be the only center in the Southwest to provide proton beam radiation, a technology that precisely delivers radiation to a tumor while protecting surrounding healthy tissue and organs. The 165,000-square-foot underground facility will help Mayo medical teams treat about 2,000 patients, including children, each year beginning in spring 2016.

“Mayo Clinic’s newly consolidated cancer center is exciting for our community because it helps to deliver top-notch care to our residents and contributes to the innovation-based economy we need,” said Stanton.

“I am thrilled we are taking the next step in our partnership with ASU and Mayo Clinic on the Biomedical Corridor in District 2,” said Vice Mayor Jim Waring. “This project will be a great economic driver for the city and the state, and only enhance Phoenix’s image as an international destination for medical care.”

“Arizona cancer patients will no longer have to travel far to receive proton beam therapy,” said Wyatt Decker, M.D., chief executive officer of Mayo Clinic in Arizona. “Proton beam therapy, with fewer side effects and greater precision, is particularly beneficial for children and younger patients. We’re pleased to be offering this important treatment soon in the fight against cancer, right here in our community.”

Stanton also announced that the Arizona State Land Department has accepted the application by KUD International, a private developer, to play a key role in developing biomedical and advanced technology research on the site. As a result, the department plans to auction 225 acres of land within the proposed corridor by the end of this year.

alzheimers

Flinn Awards $2M to Banner Alzheimer’s Institute

Banner Alzheimer’s Foundation, the philanthropic resource for Phoenix-based Banner Alzheimer’s Institute (BAI), part of the nonprofit Banner Health, received $2 million in grant funding from the Flinn Foundation, a privately endowed, philanthropic grantmaking organization in Arizona.

Aligning with the Flinn Foundation’s mission to advance biosciences in the state, the grant is an investment in BAI’s groundbreaking Alzheimer’s prevention research. Specifically, the funds will support activities related to the Alzheimer’s Prevention Initiative. A global Alzheimer’s prevention research endeavor spearheaded by scientists and physicians at BAI, the Alzheimer’s Prevention Initiative has been described by the director of the National Institutes of Health as a “cornerstone in the national plan to address Alzheimer’s disease.”

“The Flinn Foundation is an invaluable part of the fabric of Arizona’s philanthropic community, investing in organizations and programs with a track record for advancing research, civic leadership, and arts and culture in our state,” noted Andy Kramer Petersen, president and CEO of Banner Alzheimer’s Foundation. “We are honored that they recognize the tremendous potential of the Alzheimer’s Prevention Initiative and value the work being done at BAI.”

The $2 million grant to BAI is the latest in a decades-long philanthropic relationship between the Flinn Foundation and Banner Health. Prior funding supported an array of community outreach and pediatric health care programs, the most notable being Banner School-Based Health Centers, a program delivering primary health care services to children and adolescents throughout the greater Phoenix area who lack health insurance and access to regular care.

To learn more about BAI, the Alzheimer’s Prevention Initiative, and corresponding local and global research efforts, visit www.BannerAlz.org. For more information about giving opportunities, please call Banner Alzheimer’s Foundation at (602) 747-4483 (GIVE).

airport

Sky Harbor Honored at World Airport Awards

The SkyTrax’s World Airport Awards, a global benchmark of airport excellence, recently named Phoenix Sky Harbor International Airport as one of the World’s Best Airports serving 40-50 million passengers in 2014. Phoenix Sky Harbor ranked seventh in the world and joins the ranks of other international airports such as Incheon International Airport in South Korea and Kuala Lumpur International Airport in Malaysia.

These awards were presented at the Passenger Terminal Expo 2014 in Barcelona, Spain. The annual World Airport Awards are one of the most respected honors in the industry. Honorees are selected by customers in the largest, annual independent global airport customer satisfaction survey. The survey asks customers from more than 160 countries to rank 410 airports based on 39 key indicators such as ease of check-in, terminal comfort and cleanliness, choice of shopping and dining options, and friendliness of airport staff.

“We are honored that Phoenix Sky Harbor International Airport, America’s Friendliest Airport, was named one of the World’s Best,” said Acting Aviation Director Tamie Fisher. “We take pride offering our travelers world-class customer service and access to the services they desire to make their travel experience seamless and enjoyable.”

Entrepreneurs

$100K Micro-lending Fund Supports Entrepreneurs

CPLC Préstamos CDFI, LLC (a Chicanos Por La Causa, Inc. subsidiary), committed to building stronger communities by providing small business access to capital, in partnership with local valley leaders, have created the Community Investment Fund – a group project of Valley Leadership’s Class 35, to support entrepreneurs looking to start-up or expand their business in the Phoenix metropolitan area.

“We are very excited to give local entrepreneurs, who do not qualify for traditional financing, an opportunity to improve the health of our community and contribute to Arizona’s economy,” said Brigitte Dayton, Member of VL 35. “Our Valley Leadership, Class 35 group is proud to partner with a long-standing community organization such as Chicanos Por La Causa on this project. We all feel the emphasis on targeting organizations or individuals who demonstrate a focus on improving the health of our community and/or contributing to the growth of the economy, through the potential for job creation, fills a unique role in local micro-lending.”

“Any current or aspiring entrepreneur who wishes to establish or grow a business, but who due to size, assets, and stage of development cannot seek capital from more traditional sources, is encouraged to apply for a loan today,” said Jose Martinez, President of CPLC Préstamos. “These loans range from $20,000 to $25,000 depending on the applicant, business plan and distinctiveness of the entrepreneurial idea.”

Top qualified applicants will compete in a business “Pitch Day” event where they will have the opportunity to pitch their business concept and funding needs to a panel on May 23, 2014. The panel will select 3-5 businesses for loan approval. Additionally, the business with the best presentation will win a $2,500 cash prize.

Interested candidates can apply at www.prestamosloans.org up until Friday, April 25, 2014. Applicants will be notified of loan approval the same day of their presentation, May 23, 2014.

education

UA’s Eller College Moving to Phoenix

The University of Arizona Eller College of Management announced today that it will be moving from its satellite location in north Scottsdale to downtown Phoenix.

The Eller College will occupy classroom and office space on the campus of the UA College of Medicine – Phoenix, located at 550 E. Van Buren St. The location will be home to two of Eller’s part-time MBA programs for working professionals: the Evening MBA and the Executive MBA, which are designed for managers with 3-plus years of experience and seasoned executives, respectively.

Between the two programs, the campus will serve about 170 MBA students annually.

“We are thrilled that Eller will be a part of the exciting things happening in downtown Phoenix,” said Len Jessup, dean of the Eller College. “The College of Medicine has established beautiful facilities that will give our professional MBAs access to high-tech working classroom space and a true campus experience.”

City of Phoenix’s Mayor Greg Stanton also supports the move.

“It’s incredibly exciting that Eller is opening its doors in downtown Phoenix, where we continue to offer the highest-rated education opportunities in the state within just a few blocks of each other,” Stanton said. “Eller graduates are top-notch, and exactly the kind of professionals we want as a part of our community.”

Access to graduate management education is one of many factors that contribute to greater Phoenix’s long-term competitiveness, added Don Budinger, chairman and founding director of The Rodel Foundations and board member of Greater Phoenix Economic Council and Greater Phoenix Leadership.

“The University of Arizona’s downtown programs offer excellent options for working professionals who are considering an MBA.”

Last week, in the U.S. News & World Report ranking of graduate programs, the Eller Evening MBA rose 21 slots, from No. 46 to No. 25 nationwide. The college is recognized for its leadership in entrepreneurship and management information systems, which consistently rank in the top 10 among undergraduate and graduate programs nationally.

Applications are being accepted now for the Executive MBA program that will begin in August at the downtown campus. A new class of Evening MBA students will begin at the location in January.

“Downtown offers a central location, with easy access for those already working in the area, as well as public transportation options. Our students frequently come together for team meetings, and the medical campus offers great collaboration space,” said Hope Schau, associate dean of MBA programs.

The Eller College began offering its MBA programs in the Phoenix area in 2006, with the launch of the Executive MBA program in Scottsdale. Since 2007, the college has held classes at a satellite campus just east of the Loop 101 in the McDowell Mountain Business Park, at 16425 N. Pima Road.

The college will open its downtown Phoenix location in late August or September. The Executive and Evening MBA students scheduled to complete their programs this year will remain at the Scottsdale campus. The Evening MBA class of 2015 will relocate to the downtown campus on Sept. 1.

windsor

Tour Historic Homes on Windsor Home Tour

Windsor Square Historic District’s 2014 Home Tour will be held Sunday, March 30. Located at Central Avenue and Camelback Road in the central corridor of Phoenix, Windsor Square is one of the most sought-after historic neighborhoods in Arizona and was recently recognized by CNN Money Magazine as one of the ten U.S. ‘Best Big City Neighborhoods to Live In’. Presented by the Windsor Square Neighborhood Association, the biennial Historic Home and Garden tour is a self-guided walking tour featuring 12 historic homes, a beautiful garden, plant societies and a beer garden.

The breathtakingly beautiful Windsor Square neighborhood is rich with history with many homes that are 60 to 75 years old. Started in 1929, the 260-home neighborhood is considered to be one of the first few suburbs of the city of Phoenix.

From contemporary or traditional interiors to lush gardens and the latest in transitional styles, attendees will see firsthand how people live in these historic, yet modern homes. Plus, learn new interior decorating ideas and see unique approaches to the outdoors.

The tour and festivities run from 11:00 a.m. to 4:00 p.m. and will give enthusiasts a look at unique architectural styles in homes that date back to the 1930 and 1940’s. During the self-guided walking tour, participants will also be able to explore fine arts and crafts from street vendors, enjoy delicious fare from food trucks and hear live music. The cost for the tour is $15, and children under 12 are free.

“The residents of Windsor Square take great pride in their neighborhood and every other year we open our doors to share the rich history of our North Central Phoenix neighborhood with the public,” said Historic Home Tour Committee Chair and Windsor Square resident, Jeffrey Long. “This year’s will be one of our best tours yet with a wide variety of homes, a beer garden and a fantastic choice of street vendors featuring everything from food trucks to unique gifts and crafts to home improvement services.”

Tickets will be available for purchase online in advance of the tour at www.windsorsquarephoenix.org as well as day-of-tour at Orange and 2nd Street, which is located one block east of Central Avenue and just north of Camelback Road. Discount of $1 for attendees who show light rail tickets for the day. Free parking will be available.

Event Details:
Event: Windsor Square Historic Home and Garden Tour
Date: Sunday, March 30, 2014
Location: Orange and 2nd Street (one block east of Central Avenue and just north of Camelback Road)
Cost: $15 for adults; Children 12 and under free; $1 discount with lightrail pass

date

App lets you dig up dirt on date

Want to know who the guy you went on a date with last night really is? Phoenix-based dirtsearch.org is the go-to site for uncovering hidden truths about potential lovers, employees, babysitters, and more. Erik Knight, founder of DirtSearch, has created a free database of information that allows you to search anyone, anywhere; DirtSearch is essentially a search engine of people. Pulling from all corners of the vast World Wide Web, the site gathers public records about a person and puts them in one, easily accessible place. And all this happens in a matter of minutes. Results will provide information ranging from a person’s latest Instagram picture to the speeding ticket he got five years ago.

The greatest number of visits to the DirtSearch site comes from young females, looking to learn more about their date, Knight said. Wouldn’t you want to know if your possible Prince Charming was arrested for armed robbery last summer? Searching information about significant others was the catalyst for Knight’s inception of DirtSearch back in 2008 and its popularity in that area (among many others) has exponentially increased ever since then.

Knight recognizes that keeping up with technological advances in our mobile-centric world is required to ensure the continued popularity of his site. In January of this year, he developed an app for iOS and Android platforms to provide nearly instantaneous information, on the go. “Mobile people are much more impatient,” Knight said. Now, you can research your new guy while waiting in line at the grocery store.

At this point, the DirtSearch app is limited with its information. Because the app was created out of a necessity for speed, searching on your phone won’t give you the “deep search” that is available on dirtsearch.org. However, Knight is in the process of developing an updated version of the app, which will allow people to do more in-depth searches on people and business. These improvements to the DirtSearch app are set to go mobile in a few weeks.

Curious what DirtSearch will dig up on you? “The first thing everyone does is search themselves,” said Knight. So, go ahead. Search yourself. Before you kick last night’s date to the curb, make sure your slate is clean.

drug

Herold Joins DrugFreeAz.org Board

Rick Herold, partner in the Phoenix law office of Snell & Wilmer, has been elected to serve on the Board of Directors of DrugFreeAz.org. As a member of the board of directors Herold will provide financial and fundraising strategies that will help guide and sustain the organization. DrugFreeAz.org’s mission is to prevent and reduce the use of drugs and alcohol by youth throughout Arizona.

“We are delighted to welcome Rick to our board of directors,” said Leslie Bloom, CEO of DrugFreeAz.org. “His background, education and knowledge will be a valuable asset to our team, and will help us reach our mission of reducing youth drug and alcohol use throughout our community.”

Herold earned his bachelor’s degree from Emory University and law degree from the George Washington University School of Law. He also serves on the Ethics Committee of the State Bar of Arizona and has served as a Judge Pro Tempore on the Maricopa County Superior Court and is active with the Volunteer Lawyers’ Program, the Valley of the Sun United Way’s Resource Management Committee, the Urban Land Institute and the Economic Club of Phoenix.

ingredientscounter

Pizza Studio Opens First Phoenix Location

Los Angeles-based fast-casual restaurant, Pizza Studio, will expand into Phoenix after signing a multi-unit development agreement for 20 new locations in the Phoenix area over the next five years. The first location will open in CityScape on March 10, 2014 at 11 W. Washington Street, Suite 120.

“CityScape will be our flagship restaurant in downtown Phoenix,” said John Lutz, COO. “Whether it’s a quick business lunch, dropping in before a ball game, on the way to a concert or just enjoying a day in our beautiful downtown area, Pizza Studio will serve as a great dining option.”

Lutz is a veteran in the restaurant industry with 30 years of experience. He received a Bachelor of Science degree in business from the University of Hawaii. Most recently with Red Robin Gourmet Burgers, Lutz has provided leadership and guidance on both the corporate and franchise side of the restaurant industry. After becoming interested in the fast-casual pizza segment, Pizza Studio was a natural fit for Lutz. He says, “The Pizza Studio team has done an incredible job creating the vision, fundamentals, culture and community spirit of the brand.” Lutz signed the multi-unit agreement with Pizza Studio as chief operating officer in January.

Pizza Studio is a fast-casual franchise concept that invites guests to create their own custom pizza masterpiece. A wide assortment of crusts, specialty sauces, premium meats, fresh and roasted vegetables and the highest quality ingredients are offered at affordable prices. The company is known for its variety of flavors of their proprietary thin, light and crispy crusts with unlimited toppings of sauces, cheeses, nitrate-free meats and fresh-cut and roasted vegetables for each custom-built pizza creation.

Lutz is delighted to bring Pizza Studio to CityScape. There are currently a few sites under review for upcoming locations. All 20 locations will open within five years.
Since its founding in 2012, Pizza Studio has signed development agreements with several experienced multi-unit operators for 175 units.

104867437

AZIMA’s TIM Awards set for March 20

The Arizona Interactive Marketing Association (AZIMA) will host its 2nd Annual TIM Awards from 5:30 p.m. to 9 p.m. on Thurs., March 20 at the Phoenix Art Museum, 1625 North Central Ave., in Phoenix. Named after Sir Timothy Berners-Lee, acknowledged father of the World Wide Web, the TIM Awards showcase Arizona talent and work in the interactive realm for calendar year 2013.

Twelve TIM awards will be given for “Best”: Website, Social Media Campaign, Integrated Interactive Campaign, Email Marketing Campaign, Display Ad (single or campaign), Rich Media Execution, Mobile Marketing Campaign, App, Blog, Online Video, Brand of the Year and Interactive Person of the Year.

Roger Hurni, of Off Madison Ave, received AZIMA’s coveted 2013 Interactive Marketing Person of the Year TIM award last year. “It was quite an honor to have won this award. To me, the AZIMA TIM Awards are a demonstration of the amazing, cutting edge work being done in Arizona by companies from all kinds of industries,” said Hurni.

Guests to the TIM awards ceremony will have a chance to network with top digital marketing professionals and view Phoenix Art Museum’s current exhibits before enjoying a delicious sit-down dinner and awards presentation. The official program will kick off with keynote speaker Marcus Sheridan, president and founder of The Sales Lion. Sheridan is best known for skillfully using content and inbound marketing efforts to increase traffic to his website and becoming one of the largest pool installers in the U.S. during the Great Recession. In 2009, he started his sales, marketing and personal development blog, The Sales Lion, to teach others about content and inbound marketing.

AZIMA offers four options for event registration: $75 for a single seat; $50 for a single seat if an AZIMA Corporate/VIP member; $700 for a Table of 10; and $475 for a Table of 10 for Corporate/VIP members.

To learn more, visit www.azimaawards.com or www.joinazima.org.

dan-von-hoff

SHC’s Von Hoff honored for cancer advances

In association with its 50th anniversary, the American Society of Clinical Oncology (ASCO) has named Daniel D. Von Hoff, M.D., FACP, one of ASCO’s 50 Oncology Luminaries, celebrating 50 doctors who over the past half-century have significantly advanced cancer care.

Dr. Von Hoff is Chief Scientific Officer for Scottsdale Healthcare’s Virginia G. Piper Cancer Center Clinical Trials and Physician-In-Chief and Distinguished Professor at Phoenix-based Translational Genomics Research Institute (TGen). He is an internationally recognized physician and scientist whose research during the past 30 years has contributed to the development of many anticancer agents that are routinely used in clinical practice. Among these drugs are fludarabine, mitoxantrone, paclitaxel, docetaxel, irinotecan, topotecan, nelarabine, gemcitabine, vismodegib, and nanoparticle paclitaxel.

ASCO was founded in 1964 by oncologists to improve the care of cancer patients. Profiles of the 50 Oncology Luminaries are being featured on the ASCO website, and their accomplishments will be celebrated at ASCO’s 50th annual meeting, May 30-June 3 in Chicago.

Although it is difficult to pick one highlight of his career, Dr. Von Hoff and his team played an instrumental role in the development of gemcitabine, the first drug to improve the survival of patients with stage IV pancreatic cancer. In 1997, they published the results of a clinical trial that showed that gemcitabine not only increased the rate of clinical benefit in patients with pancreatic cancer compared with fluorouracil (5-FU), but it also improved overall survival.

This work was followed by recognition of the activity of nab-paclitaxel plus gemcitabine against pancreatic cancer with the recent finding that that regimen also improved survival for patients with stage IV pancreatic cancer. On Sept. 6, 2013, the U.S. Food and Drug Administration (FDA) approved nab-paclitaxel as a frontline therapy for patients with advanced pancreatic cancer.

International clinical trials that led to the FDA’s approval were led by Dr. Von Hoff at Virginia G. Piper Cancer Center Clinical Trials at Scottsdale Healthcare, a partnership of Scottsdale Healthcare and TGen, at Scottsdale Healthcare Shea Medical Center in Scottsdale, Ariz.

Dr. Von Hoff has also been instrumental in the concept of development of personalized therapy for patients with refractory cancer based on using molecular techniques to profile their cancers. This work included the initial clinical trials to determine what percentage of patients could benefit from that approach.

Dr. Von Hoff has spent the past 30 years of his career leading teams in phase I trials and the development of new therapies, first as the founding director of the Institute for Drug Development at the Cancer Therapy and Research Center in San Antonio, then as the director of the Cancer Center and Professor of Medicine at the University of Arizona. He also is Professor of Medicine at the Mayo Clinic and serves as Chief Scientific Officer for US Oncology.

When Dr. Von Hoff was awarded ASCO’s David A. Karnofsky Memorial Award in 2010, he took several minutes at the beginning of his lecture to memorialize all of the patients that he and his team had lost during phase I trials the previous year, mentioning several of them by name. The gesture reflected what Dr. Von Hoff named as the greatest accomplishment of his career: working hard to help as many people as he could.

“I have been extremely fortunate to have many great (and incredibly patient) teachers, mentors, and co-workers,” Dr. Von Hoff said. “Truly though I think the greatest teachers and mentors for me have been those I have been privileged to care for.”

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LaneTerralever Wins Best in Class

Phoenix-based LaneTerralever earned three 2013 Interactive Media Awards (IMA) including a Best in Class award for Thunderbird for Good, and two Outstanding Achievement awards – one for Honeywell Aerospace and the other for Translational Genomics Research Institute (TGen).

IMA is a competition designed to elevate the standards of excellence on the Internet, and is presented by the non-profit organization, Interactive Media Council, Inc. (IMC). IMC is a group of industry leaders made up of web designers, developers, programmers, advertisers and other web-related professionals.

“A key part of our business is solving our clients’ problems with the best solutions available,” said Chris Johnson, president of LaneTerralever. “Receiving industry recognition for doing so is particularly rewarding – especially for clients the caliber of Thunderbird, TGen and Honeywell.”

LaneTerralever created a website for DreamBuilder, an online business education program developed by Thunderbird for Good and Freeport-McMoRan Copper & Gold, specifically for women all around the world. Although the courseware was complete, the program was lacking an attractive website to house DreamBuilder and showcase it to students, partner institutions and the media.

LaneTerralever created a more aesthetically pleasing DreamBuilder website that is more functional for all users, including those with low bandwidth. The English version of the program, DreamBuilder America, received its website just in time to be announced at the Clinton Global Initiative (CGI) America. The Spanish version of the website, using translated content, is expected to reach several thousand women in the coming years across the U.S. and around the world.

TGen, a non-profit organization focused on developing earlier diagnostics and smarter treatments, is a globally renowned leader in genomics research. TGen tasked LaneTerralever with consolidating its main website with its Foundation website, as there was a lack of efficiencies due to significant overlap and duplication with the two sites. A new website was instrumental for helping the organization achieve its online marketing and communication goals more effectively.

The new website provides a richer visual experience for visitors as they engage with the brand. It has a fully responsive design which adapts to the dimensions of varying screen sizes with seamless content integration to mobile devices. The site also provides a connection port with an e-mail marketing system and enables TGen staff to make updates and changes to the website, keeping content fresh and relevant.

Honeywell Aerospace leaders in products and services in the aviation category, required a website that would drive users with ease and accuracy through a highly developed taxonomy system. By segmenting audience members into different groups with specific interests and relevant content, the new Honeywell Aerospace website provides a powerful user experience not typically found in the aerospace industry.

Jones

Jones Selected as 2014 Lawyer of the Year

Best Lawyers has selected William R. Jones, Jr. as the 2014 “Lawyer of the Year” for Medical Malpractice Law in Phoenix, Arizona. According to Best Lawyers, when an attorney is selected as “Lawyer of the Year,” it “reflects the high level of respect a lawyer has earned among other leading lawyers in the same communities and the same practice areas for their abilities, their professionalism, and their integrity.”

William R. Jones, Jr. is one of the founding attorneys at Jones, Skelton & Hochuli, P.L.C., which began in 1983. Mr. Jones has been practicing law for 52 years and has tried over 250 civil jury cases in Arizona and other states. While he currently concentrates his practice in the medical malpractice area, Mr. Jones is still involved in litigating and trying other types of civil liability cases on an active and ongoing basis. He has served as both the Arizona Court of Appeals Judge Pro Tem and the Superior Court of Arizona Judge Pro Tem.

Jones has passed along the knowledge he has gained throughout his legal career by speaking as a guest lecturer at Harvard University, Arizona State University and the University of Arizona College of Law. He has been listed as one of the Top 50 Lawyers in Arizona since 2007 by Southwest Super Lawyers.

housing.prices

Phoenix Home-Price Rebound May Be Over

The big home-price rebound in the Phoenix area may officially be over. For the first time since last summer, the market experienced a month-to-month decrease in the median single-family-home sales price. A new report from the W. P. Carey School of Business at Arizona State University reveals that and other details about Maricopa and Pinal counties, as of January:

> The median single-family-home sales price was $196,900.
> Demand is very low, from both investors and normal homeowner-occupiers.
> Phoenix-area home prices are finally back in line with the Consumer Price Index, as if the recession and recovery had never happened.

Valley home prices started quickly rising after hitting a low point in September 2011, but they began slowing down this past July. Finally, this January, the median single-family-home sales price hit $196,900 — down 4 percent from December. It was the first month-to-month drop since the normal summer seasonal blips, and it’s largely due to a big drop in demand/sales activity.

“January is usually the quietest month of the year for sales, but this January was far weaker than January 2012 and 2013,” says the report’s author, Mike Orr, director of the Center for Real Estate Theory and Practice at the W. P. Carey School of Business. “Despite the huge price increases between January 2013 and 2014, the total dollars spent on homes here this January actually dropped by 7 percent. This is the second lowest level of demand we’ve seen in 14 years, behind only 2008.”

Still, the median single-family-home sales price remained up 21 percent from last January, when it was at $163,000. Realtors will note the average price per square foot was up 19 percent. The median townhouse/condo price was up about 17 percent.

“The price gains now are weak, but it’s not clear that they’ll get much weaker or stronger,” explains Orr. “We’ve already seen a significant change in the market, which has completed its rebound from the artificially low prices between 2009 and 2011. Pricing is back to the level it would have attained if it had increased from 2000 in line with the Consumer Price Index.”

Demand from both investors and ordinary owner-occupiers is way down. Even though the available supply of homes for sale was up 47 percent from Feb. 1 of last year to Feb. 1 of this year, sales activity plummeted. Sales of single-family homes were down 23 percent from last January to this January. Sales of townhomes and condos were down 18 percent.

Luxury homes are one of the only bright spots in the market, with homes above a half-million dollars representing 14 percent more of the sales transactions this January than last January. However, even the supply of luxury homes is quickly rising, so sellers in that space will face tougher competition in 2014.

Investors continue looking to other parts of the country for bigger bargains, since Phoenix prices have risen. In January, the percentage of residential properties bought by investors was down to 21.1 percent from the peak of 39.7 in July 2012.

New home sales were also down 21 percent from last January to this January, representing the steepest fall in new-home closings in several years. Millennials and those who lost their homes to foreclosure or short sale in the recession appear more interested in renting than buying. That’s led to an upward trend in multi-family construction permits. It could also lead to higher rental rates in the next two years, during which time, home sales may continue to be relatively slow.

“The market conditions suggest prices will struggle to make any further upward progress in 2014,” Orr adds. “With February through June the strongest part of the year, we may yet see a little forward movement, but it’s likely to be tentative at best. The real test will come in the second half of the year, which is likely to see lower prices unless demand takes a distinct turn for the better.”

Foreclosure levels remain below the normal, historic trends for Maricopa and Pinal counties. Foreclosure starts – owners receiving notice their lenders may foreclose in 90 days – were down 55 percent from January 2013 to this January. Completed foreclosures were down 54 percent.

Orr’s full report, including statistics, charts and a breakdown by different areas of the Valley, can be viewed and downloaded at www.wpcarey.asu.edu/realtyreports. A podcast with more analysis from Orr is also available from knowWPCarey, the business school’s online resource and newsletter, at http://knowwpcarey.com/index.cfm?cid=13.

Leonardo Loo

Loo Earns Community Leader of the Year Award

The national law firm of Quarles & Brady LLP today announced that Leonardo Loo, a partner in the firm’s Phoenix office, received the Community Leader of the Year Award from the Phoenix chapter of the National Association of Asian American Professionals.

Loo received the award for his devotion to the community and outstanding service to the valley. The award was presented to him at the organization’s annual dinner event on January 11.

Loo is a member of the firm’s Corporate Services and China Law practice groups. He practices in the areas of mergers and acquisitions, commercial financing, international transactions, securities and general corporate law involving clients in a wide variety of industries. He is also a member of the boards of directors of several organizations, including the Arizona Asian American Bar Association, Chicanos Por La Causa, Inc. and Greater Phoenix Black Chamber of Commerce, and he also serves as general counsel for the Arizona Hispanic Chamber of Commerce.

Loo earned his law degree from the University Chicago and his bachelor’s degree from Stanford University.

red-header-2014

RED AWARDS 2014: Best Tenant Improvement Project

On Feb. 26, AZRE hosted the 9th Annual RED Awards reception at the Arizona Biltmore in Phoenix to recognize the most notable commercial real estate projects of 2013 and the construction teams involved. AZRE held an open call for nominations and more than 100 projects were submitted by architects, contractors, developers and brokerage firms in Arizona. Click here to view all 2014 RED Awards Winners.‎


Fennemore Craig
Developer: Fennemore Craig
Contractor: Ryan Companies
Architect: Gensler
Brokerage: CBRE
Size: 120,000 SF
Location: 2394 E. Camelback Rd., Ste. 600, Phoenix
Completed: February 2013

fennemore-craigAfter 12 years as a midtown Phoenix law firm, favorable market conditions encouraged Fennemore Craig to make a move to the dynamic and amenity-rich Camelback Corridor, taking the opportunity optimize space by decreasing its overall square footage by approximately 20 percent. The reduction in square footage was accomplished through careful curtailment of file storage and secretary-to-attorney ratios, and the design of destination locations with dual uses in client-facing areas. Given the size and atypical floor plate of the building selected, the project became a planning and efficiency challenge. Rather than segregating the angularity of the exterior glass wall, the client chose instead to celebrate it. Navigating shifting budget priorities and constraints, the team utilized lower-cost systems furniture in secretary stations, reused attorney office furniture from the firm’s existing location, and simplified attorney wall elevations. The end result of this challenging project is a flexible space home to Fennemore Craig’s clients and colleagues, as well as an inviting location for community, social and charitable events.