Tag Archives: tempe

Renovation of 12Fifty5 on University apartments complete

MIG Real Estate, a Newport Beach, California-based real estate investment company, is pleased to announce that they have completed renovations at 12Fifty5 On University Apartments in Tempe, Arizona. The community, formerly named Quadrangles Village, has undergone significant improvements to convert the property from conventional apartments to student housing. The 756-bed student housing community is located at 1255 University Drive between Rural Road and McClintock Drive. 12Fifty5 is situated in a bike friendly neighborhood within walking distance to the campus of Arizona State University and local Metro light rail and bus routes.

12Fifty5 has been redesigned with contemporary upgrades and features to meet the needs of today’s students,” said Marc Venegas, Director of Multifamily Investments. “Our goal was to create a positive, upbeat environment that enhances the overall living experience.”

The community is professionally managed by Greystar Student Living and offers studios, one and two-bedroom apartment homes ranging in size from 493 to 848 square feet of living space. Upgrades to the apartment homes include wood-style flooring, modern carpeting, white cabinetry, new appliances and designer lighting fixtures. Spacious floor plans incorporate features such as open kitchens, large patios and balconies, walk-in closets and exterior storage rooms.

The community clubhouse has been fully remodeled with contemporary furnishings, a new game room with billiard tables and private study lounges. The renovation includes the addition of multiple computers stations, a new leasing office and an upgraded fitness center. Residents can also enjoy a variety of amenities including three swimming pools, two spas, tanning beds, four laundry centers with new “smart” washers and dryers, covered parking and grilling stations. The pet friendly community is gated and provides recycling centers, a community garden, bicycle racks, roommate matching and student activities.

“12Fifty5 is conveniently located on University Drive close to Mill Avenue, Tempe Town Lake, Tempe Marketplace and only minutes away from the Loop 202 and Sky Harbor Airport,” said Michelle Fuller, Managing Director of Greystar Student Living.

Manufactured home community trades for $23.85M

Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, announced the sale of Chaparral Mobile Village, a fully improved, 359-site, all-age manufactured home community in Tempe, Ariz. The investment real estate asset sold for $23,850,000, which equates to $66,435 per space at a 6.25 percent cap with a 43.75 percent expense load or $3,232 in expenses per site.

Douglas Danny, first vice president investments in Marcus & Millichap’s San Diego office, along with Octavian Paul, associate in the firm’s Phoenix office, represented the seller, Kort & Scott Financial Group. The buyer is a family trust.

“The property provides the new owner with location, demand, incubation upside and immediate cash flow in a scarce marketplace,” says Danny. “The offering generated multiple offers and was sold to one of the premier manufactured home community buyers in the marketplace.”

Chaparral Mobile Village features a clubhouse, a children’s game room, a laundry, two swimming pools, a spa, a children’s playground and sports facilities. Built as 360 sites, one of the spaces is dedicated to open space. All of the spaces are accessed via an interior asphalt paved roadway that has rolled cement and some cement sidewalks around the common area amenities. Electric service is provided to each individual space by individual meters that are master-metered by the utility companies and charged to the park. The park has all city services.

Chaparral Mobile Village was built in 1971 on 45.1 acres and has a density of 7.69 sites per acre. The current site breakdown is 211 single-wide spaces and 148 double-wide spaces, of which 54 are small and 95 are large. There are four one-story buildings and the building area contains 5,316 square feet of clubhouse/office space, a 1,227-square-foot children’s playroom, a 1,042-square-foot laundry facility and a 1,042-square-foot maintenance shop. The total square footage for these buildings is 8,627 square feet.

 

housing.prices

Intravest Title adds sixth Arizona location

Intravest Title Agency, Inc. has officially secured its sixth location: the Scottsdale Area Association of Realtors® (SAAR) new headquarters. The title company has been rapidly expanding since March 2014 and was chosen by SAAR to be one of only four carefully selected tenants to join its new building. Intravest Title is one of the premier title and escrow companies in the state and has grown from four employees to more than 40 in the past 11 months and has captured a top 25 market share ranking.

“We are excited to open our new office and give more of the Valley’s top escrow officers the opportunity to join our team,” said Dylan King, CEO/President of Intravest Title. “We strive to be a great place to work and put a real premium on maintaining a family culture and providing a true work-life balance for all of our employees.”

Intravest Title offers employees the perks of corporate America while still encouraging quality of life. The company boasts a proven sales team that is dedicated to building each escrow officers’ client base and an executive leadership team that truly values each employee and their ideas. Employees are provided with the latest technology, up-to-date training and administrative support to ensure their continuing success.

The new Scottsdale office joins the existing Camelback Corridor, North Phoenix, Peoria, Tempe and Prescott locations. SAAR will be hosting a grand opening for its new building on February 26. Stop by the Intravest Office if you are interested in learning more. For more information about Intravest Title or to inquire about employment opportunities, contact Dylan King at 602-300-9969 or via email at dking@intravesttitle.com.

DTZ completes lease for new restaurant on Mill

DTZ, a global leader in commercial real estate services, announced today that The Grill on Mill has leased 5,537 square feet at Hayden Station, 350 S. Mill Avenue in Tempe, AZ. The California-based operator plans to open the new restaurant mid-2015.

DTZ Vice President Brent Mallonee represents the landlord, YAM Properties, in its retail lease negotiations. Courtney Auther Van Loo with Cushman & Wakefield represented the tenant in this transaction.

The Hayden Station location is The Grill on Mill’s first Arizona restaurant. There are several related restaurants in California, including the original Firestone Grill in San Louis Obispo.

The Grill on Mill is located on the ground floor of the project’s B building, with strong frontage on Mill Avenue. The landlord combined three ground floor spaces to create the new restaurant suite.

Hayden Station is a ±106,834 square foot, mixed-use project located on the southwest corner of Mill Avenue and 3rd Street that features five buildings with office and retail space. It is directly across from the Metro Light Rail station and minutes from Arizona State University. DTZ has the leasing assignment for the office and retail space at Hayden Station.

For more information on Hayden Station contact DTZ at 602.954.9000.

Palm Terrace Apartments sell for $3M

ORION Investment Real Estate is pleased to announce that Vestis Group (Principals Natan Jacobs and Les Litwin) have completed the sale of Palm Terrace Apartments, a 44-unit multifamily community located at 1133 West 5th Street, just west of the Farmer Arts District in Downtown Tempe, Arizona for $3,050,000 / $69,318 Per Unit.

Joseph Dietz of Orion Investment Real Estate in Scottsdale, Arizona represented the buyer and the seller in the transaction.

“This was a great acquisition for our group,” says Les Litwin, Principal at Vestis Group and a partner in the buying entity, “The property is well located just west of the trendy Farmer Arts District in Downtown Tempe, on the campus shuttle line, near Mill Avenue, the Valley Metro Light Rail, restaurants, bars and entertainment. We intend to put out a high-end rental product, in-line with our other MODE Apartments communities, using contemporary styling and adding modern amenities to compliment the neighborhood.”

 

Palm Terrace Apartments, is a 44-unit, garden-style, two-story, apartment community located in a strong rental area of north Tempe, just west of Mill Avenue, Arizona State University and the Farmer Arts District in Downtown Tempe. The property was built in 1973 of concrete block construction and is individually metered for electricity. The garden-style community has a swimming pool, covered parking and outdoor barbecue area. The units are extremely spacious two-bedroom/one-bath at 916 square-feet, and have private balconies/patios, refrigerators, dishwashers and disposals. The total site area is 2.08 acres.

 

A major renovation is planned for Spring 2015. Planned exterior improvements include; refinishing of the second floor exterior with new stucco and trim with metal accents, including a screen wall for the rooftop HVAC. New windows throughout the property, extensive HVAC replacement. Repair and replace the exterior stairway and terrace railings. Upgrades to landscaping and common areas, remodeling the existing laundry and maintenance room to become a poolside gym room and adjacent leasing office. Repair and re-coat the parking lot, upgrade pool area. Planned interior renovations will include an additional bath, washer/dryers in each unit, new cabinetry throughout, new appliances, a kitchen bar/counter that opens to the dining area, new flooring, electrical fixtures and fans.

 

Palm Terrace Apartments is located in north Tempe, along 5th Street and Beck Avenue, just west of Hardy Drive, in close proximity to Arizona State University, Mill Avenue, Farmer Arts District, Tempe Town Lake, Orbit Shuttle and the Valley Metro Light Rail. The property is located in a quiet residential neighborhood just west of Downtown Tempe, within close proximity to the Loop 202 Freeway, allowing easy access to Sky Harbor International Airport, Downtown Phoenix, Scottsdale, the valley freeway system and numerous employers. The property is individually metered for electricity and master metered for water. The property owner is responsible for the cost of water, sewer, and trash pickup, and the residents are responsible for the cost of electricity in their units, including the cost of heating and air conditioning.

The buyer is a private investment group from Phoenix specializing in acquiring, remodeling and operating multifamily investment real estate. The buyer plans to spend approximately $1,600,000 ($36,364 per unit) to renovate and improve the project.

 The seller was Palm Terrace Tempe, LLC of Phoenix, Arizona.

 

 

Allstate Tempe Gateway

Tempe Leadership honors Mike Jennings Categories

Tempe Leadership, the non-profit leadership program through the Tempe Chamber of Commerce, is honoring Mike Jennings, local Tempe business leader and Tempe Leadership alumni, as the 2015 Outstanding Community Leader at the annual Tempe Chamber Beacon Awards at 7:30 a.m. February 26, at the Embassy Suites.

Mike owns and operates two Campus Corner retail stores in Tempe and has provided support and leadership to various organizations, equal to hundreds of volunteer hours in support of Tempe. He was a part of Tempe Leadership Class 23, helping to achieve the Change for Change project that installed non-profit collection meters on Mill Avenue for donations to support homeless service agencies. Mike also served for six years as a member of the Tempe Leadership Board of Directors, where he actively participated in several committees, including Tempe Cares and Tempe Youth Leadership. Mike continues to serve on the Tempe Youth Leadership committee and has been a huge resource for our young people.

In the community, Mike served six years on the Board of Tempe Community Council, part of that time as treasurer. As a Tempe business leader, he has participated on the Downtown Tempe Authority Board of Directors for several years and is currently serving as a member of the Board of Directors for Tempe Neighbors Helping Neighbors. He is a past president, and long-time member, of Kiwanis Club of Tempe as well as serving on their board for several years. He is an active leader/mentor for Tempe High School’s Key Club, a program supported by the Kiwanis. Mike has also been a mentor for New Pathways for Youth.

Born in North Carolina, Mike grew up in Chicago but moved to Arizona in 199 after graduating from Southern Illinois University in Carbondale. He is the proud father of Tyler, a junior at McClintock High School.

Tempe Leadership is excited to honor Mike for his service to the community and to Tempe Leadership at The Beacon Awards, presented by APS. The Tempe Chamber of Commerce will host this inaugural event that celebrates excellence in commerce and the community on Thursday, February 26, 2015 at the Embassy Suites Tempe from 7:30 a.m. to 9:00 a.m. The ceremony will also present this year’s Business Excellence Awards, The Emerging Entrepreneur of the Year and The Spirit of Tempe.

To attend the Beacon Awards where Jennings will be honored, please call 480.967.7891 or visit www.tempechamber.org.

Fractured Prune

PHX Architecture designs ASU doughnut shop

PHX Architecture has completed designs for a new doughnut shop near Arizona State University’s Tempe Campus- Fractured Prune Doughnuts. The shop is located in Tempe on Veterans Way and College Avenue inside of the new University House residential high rise. The shop is expected to open in late January, just in time for the Super Bowl.

Fractured Prune, a unique doughnut shop based out of Ocean City, Maryland has become extremely popular in many states, and has prompted the expansion of locations into Arizona. The doughnut shop is known for their wonderful flavor combinations and unique name, which came from the story of the founder named Prunella Shriek, who is known by “Fractured Prunella” after breaking bones while competing athletically. The creative name and backstory along with the customized doughnuts provide for a truly unique experience soon to quickly take off in the Arizona area.

The Fractured Prune is a unique doughnut concept, where customers pick their own flavoring combinations for their doughnuts. With 19 different glazes and 13 different toppings, the flavors can range anywhere from marshmallow- bacon to blueberry-graham cracker and many more. According to their website, there are 155,648 flavor combinations possible, which includes their bestselling doughnut the OC Sand, which is a combination of honey glaze, cinnamon and sugar. This exclusive doughnut shop can turn even the most skeptical into doughnut lovers!

The design team was headed by PHX Architecture’s own Maurita Walker, AIA, NCARB, LEED AP, and constructed by Salcito Construction. Other locations expected to be completed in January around the Valley include a Cityscape location in downtown Phoenix, and a Westgate location next to the AMC Theatres, both of which are expected to be completed in time for the Superbowl.

Copyright: Christian Horan Photography

New restaurant, Tapacubo, opens in Tempe

Graduate Tempe announced the opening of Tapacubo, the hotel’s Mexican street food outpost, on December 5, 2014. Located at the hotel at 225 East Apache Boulevard, Tapacubo’s flavorful menu presents a variety of handcrafted South of the Border classics including tacos, tortas and arepas along with an extensive beverage list.

Executive Chef Brian Archibald has created an authentic Mexican menu with organic and locally sourced ingredients including craft tacos such as The Papi, made with Modela Negra Short Rib Barbacoa, cotija cheese and pickled onions and tortas such as the Cubano, made with Jamon, Pork Shoulder, Swiss cheese and house pickles. Ceviche, guacamole, arepas and other sharable street food staples complement Mexican cocktails and a craft beer list. Not to be missed are the signature leaded and unleaded margaritas flowing from gas pumps at the bar and micheladas.

Tapacubo features an 80-seat eatery, a bar made of 38,000 Mexican pesos and mid-century garage-inspired furniture. The restaurant opens up to the hotel’s pool where guests can also order the full food and drink menu and enjoy poolside. Additionally, a 2,150-square-foot rooftop bar on the fourth floor overlooks the Arizona State University campus, making it the perfect spot to unwind after a long day.

“Tapacubo is a really different concept,” says Christian Strobel, President of Graduate Hotels. “We have brought Latin-American street food to a new culinary level and are serving it in a fun, casual and high energy environment by the pool directly across from campus.”

Tapacubo is open for lunch and dinner from 10:00am – 12:00am on Sunday, 11:00am – 12:00am Monday – Thursday, and 10:00am – 2:00 am Friday and Saturday. For more information, please call 480.967.9431 or visit the website here.

For more information on Graduate Hotels, please visit www.graduatehotels.com. You can like them on Facebook here and follow them on Instagram here.

About Graduate Hotels

Launched in 2014, Graduate Hotels is a new, boutique hotel collection from AJ Capital Partners that targets college towns across America. Each Graduate Hotel is part of a well- curated, thoughtfully crafted collection of hotels celebrating and commemorating theoptimistic energy of its community while offering an extended retreat to places that played host to the best days of our lives. The brand’s first two locations: Tempe, Arizona and Athens, Georgia opened in October 2014 with additional locations including Oxford, Miss; Madison, Wis.; Charlottesville, Va.; Bloomington, In.; and Raleigh, N.C. over the next year.

technology

Cox Arizona announces multiple employee promotions

Cox Communications has announced that three Phoenix-area employees, Zabrina Mogro, Scott Martin and Scott Magee Jr., have been promoted and will each be taking on new responsibilities as field supervisors.

With more than a combined 30 years of experience at Cox Arizona, each of the new field supervisors will be responsible for leading a team of Cox field technicians and overseeing their team’s repairs and maintenance of Cox residential services.

Zabrina Mogro has worked for Cox as a Universal Home Technician in field operations since 2007 where she also served as a mentor for other technicians. She served four years in the United States Air Force as an Air Traffic Controller before arriving at Cox. Mogro has been promoted out of Cox’s Tempe location.

Scott Martin began his career at Cox in 2006. During his time with the company, he has progressed and has held the positions of an Expert Technician with Home Security, a mentor to other technicians, and has also served in an interim leadership role. Passionate about development and leadership, he is a 2014 graduate from the Cox Communications Building Blocks Leadership Course and has also been involved in several special projects including the 2008 Super Bowl and Gigablast at Cox. He has been promoted out of Cox’s Scottsdale location.

Scott Magee Jr. started his telecommunications career in 1999 working as a Cox contractor with Western Cable. During his time in Field Operations, he became a three-product expert while also mentoring other technicians and serving in an interim leadership role. He has also been promoted out of Cox’s Scottsdale location.

internet

ACA names Arizona Innovation Challenge semifinalists

The Arizona Commerce Authority (ACA) today announced 25 semifinalists in its Fall 2014 Arizona Innovation Challenge (AIC), a bi-annual business plan competition awarding $3 million annually to talented entrepreneurs.

Each year, the ACA awards – $1.5 million in the spring and $1.5 million in the fall – to the most qualified, innovative startups and early-stage companies. Recipients receive up to $250,000 in capital to grow their businesses, advancing innovation and technology commercialization opportunities in Arizona.

“We congratulate the forward-thinking entrepreneurs selected as our newest AIC semifinalists,” said Sandra Watson, President and CEO, Arizona Commerce Authority. “Arizona’s engagement with early-stage companies through its suite of targeted programs continues to spur growth, technology commercialization and capital investment within Arizona’s innovation ecosystem. With more than 1,200 applications received for the AIC since 2011, the program continues to be among the many opportunities available to innovators which have made Arizona a top hub for entrepreneurial activity and startup success.”

The 25 Fall 2014 Arizona Innovation Challenge Semifinalists include:

• Adosia, LLC, IT – Software, Tempe, AZ
• Allbound, IT – Software, Scottsdale, AZ
• Cactus Semiconductor, Advanced Manufacturing, Chandler, AZ
• CampusLogic, IT – Software, Gilbert, AZ
• Crowd Mics, IT – Software, Mesa, AZ
• Dermspectra, LLC, Bio & Life Sciences, Tucson, AZ
• Energy Conservation Mgmt., Cleantech/Renewable Energy, Scottsdale, AZ
• EZ Dump Commercial, Advanced Manufacturing, Phoenix, AZ
• HiringSolved, IT – Software, Chandler, AZ
• Iris PR Management, IT – Software, Phoenix, AZ
• Iron Horse Diagnostics, Inc., Bio & Life Sciences, Scottsdale, AZ
• MWI Laboratories, Advanced Materials, Tempe, AZ
• Next Alternative, Inc., Cleantech/Renewable Energy, Chandler, AZ
• Numa Tactical Eyewear, Advanced Materials, Phoenix, AZ
• NuvOx Pharma, Bio & Life Sciences, Tucson, AZ
• Park Genius, IT – Software, Tucson, AZ
• PoG Technologies, LLC, Cleantech/Renewable Energy, Peoria, AZ
• Pure Chat, IT – Software, Scottsdale, AZ
• RightBio Metrics, Bio & Life Sciences, Scottsdale, AZ
• Salutaris Medical Devices, Inc., Bio & Life Sciences, Tucson, AZ
• Sentinel Internet Systems, IT – Software, Phoenix, AZ
• Smart Service Desk, IT – Software, Chandler, AZ
• Spotlight Software, IT – Software, Peoria, AZ
• Universal Bio Mining, Bio & Life Sciences, Tucson, AZ
• Zero Shock Seating, Advanced Manufacturing, Chandler, AZ

A panel of expert judges evaluated 154 applications from the Fall 2014 AIC submitted by companies based in Arizona, California, Colorado, New Mexico, Ohio, West Virginia, and Virginia. The judges assessed each application on a set of criteria including technology potential, marketing strategy, quality of management team and economic impact. These companies represent high-value industry sectors that include IT software, IT hardware, bio and life sciences, cleantech/renewable energy, advanced materials, advanced manufacturing, and aerospace and defense.

Every applying company that meets the AIC’s eligibility requirements will receive constructive feedback generated from the rigorous online evaluation and scoring process. All semifinalists also will be considered for participation in Venture Ready, the ACA’s mentor program that connects early stage companies with high-level CEOs to further refine business plans and investor pitches.

The ACA will name its Fall 2014 Arizona Innovation Challenge finalists in early January and the winners later that same month.

latte

Independent shops create Coffee Culture in Phoenix

It doesn’t take an investigative panel to notice the smattering of new coffee shops in Phoenix. In the past few years, vacant lots and empty buildings have transformed into Cartel Coffee Lab, Songbird Tea and Coffeehouse, JoBot Coffee and Nami.

The culture of local shops have more to offer to Phoenix than a just a latte. The journey from coffee bean to customer tells a story of sustainability and community. These ideas merged together to form Coffee Culture, a downtown Phoenix collective of local coffee shops.

A green coffee bean travels from a plantation in Costa Rica to a roaster in Tempe to a coffee shop in Phoenix to a shared moment between two strangers to in the story of Coffee Culture.

Coffee

Ron Cortez began roasting coffee in the mid-1990s. The backroom of his store front in Tempe, Arizona, smelled of freshly roasted coffee beans. His two young daughters played hide-and-seek as he poured two samples of highly-caffeinated cold brew coffee.

Cortez grew up among the coffee plantations of Costa Rica. He left his career as a banker to found Cortez Coffee Company.

“I remember seeing an 80 kilogram bag of coffee and thinking, ‘How are we going to sell all of this?'” he said. “Now we sell over 120,000 pounds of coffee a year.”

After researching sustainability, Cortez decided he wanted to go beyond Fair Trade and organic. He joined More Than Fair, an organization that buys directly from farmers for a fair price.

Thirty cafes across the valley brew Cortez Coffee. Online sales and social media are revolutionary to the local movement.

“You can now reach out to customers directly,” he said. “People care about the story behind their coffee.”

Cafe

Songbird Coffee and Tea is one of the valley businesses that brews Cortez Coffee. A rotating board lists two roasts with details about the coffee’s origin and roast. The skilled baristas serve the coffee pour over style and swirl steamed milk into latte art. The cafe also offers loose leaf tea and iced espresso-based drinks.

“Songbird is one of the strongest coffee houses in the area,” Cortez said. “They are a true success story.”

Husband and wife team, Jonathan and Erin Carroll, started Songbird in July 2012.

“If we didn’t have a loyal customer base, we wouldn’t be here,” Jonathan Carroll said. “We wouldn’t be thriving.”

A few months ago, he decided to create a community of downtown cafes. He said wanted to create a group where coffee shops could promote not just themselves but also other small businesses and the local movement.

“If you’re going to spend your hard earned money, keep it local,” he said. “Small businesses care about the customers more and listen to their feedback.”

Each coffee shop has something different to offer, he said. Jobot Coffee keeps late night hours and whips up crepes and burritos. Nami serves vegan pastries and brunch. Lola Coffee offers fresh roasted beans and a lively ambiance. Coffee lovers tend to support several different shops.

Community

Quinn Whissen and Ryan Tempest, cofounders of This Could Be PHX, helped Carroll mobilize his mission. Together they formed Coffee Culture

“Jonathan approached us with the idea of promoting all the coffee shops around downtown,” Whissen said. “Even though he’s a coffee shop owner, he doesn’t see them as competitors. He sees them as part of a culture.”

The project consists of a graphic art poster by Whissen highlighting 13 uptown and downtown coffee shops. An interactive map on Coffee Culture’s website lists unique features of each shop and includes biking, walking, driving and light rail directions.

Also included is a collection of people’s story on how the coffee community has transformed their lives “one coffee and one conversation at a time.”

“You go into a coffee shop and you see people working, reading, studying and meeting friends,” Tempest said. “It’s a great way to make connections.”

Those connections has proven to be pivotal in Whissen’s and Tempest’s lives. The pair met at a Phoenix coffee shop, and Whissen, a marketing and design consultant, works and meet clients at cafes.

“Coffee Culture highlights all the great local coffee shops in downtown, the community they create and the culture they foster,” Tempest said.

The movement fell in line with This Could Be PHX’s philosophy of urban revival and sustainability.

Downtown Phoenix has had a bad reputation for such a longtime, Whissen said. People think it’s dangerous or there’s no local business or nightlife. Coffee Culture seeks to change that, latte by latte.

internet

Will the Valley Embrace Google Fiber?

Haynes & Company, a leader in innovative grassroots research and analytics for institutional investors, announced additional findings related to its study of Google Inc.’s high-speed fiber optic internet service in Kansas City. Google is considering bringing its ultra high-speed Internet network in Phoenix, Scottsdale and Tempe.

Google launched the ultrafast internet service in Kansas City beginning with its community-led “pre-registration” program in 2012.  Turning to this new model for deciding where, and when, to launch its 1GB service plus its first-of-its-kind, lifetime free service option hold the potential of closing the “digital divide”. To assess the impact of the roll out, Haynes & Company sent a team of researchers door-to-door in six, low-income neighborhoods to gauge both the awareness and the adaptation of the fiber optic service.

The most compelling takeaway was that only 16% of households surveyed had subscribed to the service. However, in a bright spot for Google, the vast majority (81%) of those households that have not yet subscribed had heard of the service, resulting in a 97% product recognition rate for Google Fiber. Moreover, of those households that had heard of Google Fiber but were not yet subscribers, 37% rated themselves as likely to sign up in the next 12 months. And, a full 12% said they would definitely sign-up.

“While the adaptation rates are relatively low, Google’s efforts are paying off in that consumers are well aware of the product,” said Elizabeth Haynes, Founder and President, Haynes & Company. “However, what we also found in speaking to people is that one thing that is keeping them away is cost, this despite Google’s attempt to structure appealing payment plans.”

Twenty-three percent of those likely to sign up in the coming year cited cost as a factor that could keep them from switching or installing Google Fiber.

The Google Fiber service, which costs $70 a month, offers speed of one gigabit a second, about 100 times faster than the national average. A slower service – about half the speed of the national average – is free after a $300 installation charge. It is this free service that holds the greatest potential for closing the digital divide for lower-income customers.

As Google continues to roll out its fiber product, Haynes & Company believes that significant opportunity remains to capture market share; however, it will require providing more than just access.

“Google has a real foothold in the mobile phone market with its Android operating system, and they should leverage that,” added Haynes. “For example, by bundling the one-time installation fee with mobile-phone plans and having Google Fiber available for sign-up in carriers’ stores where benefits of the service can be reinforced, we believe Google could markedly increase the uptake rate for the free service.”

 

 

 

ItsGoTimeGlass

GoDaddy Opens Global Technology Center in Tempe

Ryan Companies today joined Tempe Mayor Mark Mitchell, GoDaddy executives, Arizona State University, government and economic development officials and local business leaders to celebrate the opening of the GoDaddy Global Technology Center at ASU Research Park.

Ryan Companies is the developer for the project and provided design/build services along with its partner, the Smith Group. The GoDaddy facility was the 9th project constructed by Ryan Companies at ASU Research Park.

“The GoDaddy Global Technology Center is exactly the type of project for which the ASU Research Park was created – to provide a best-in-class environment for knowledge-based and technology companies to innovate and for their creative employees to flourish and succeed.  We welcome GoDaddy to the Park and look forward to their interactions with our leading research faculty and entrepreneurial students,” said Dr. Morgan Olsen, President of the Board at ASU Research Park.

“We are so proud to be a part of the team that brought another outstanding project to ASU Research Park. GoDaddy has really set the bar for corporate facilities that support their workforce with this unparalleled campus,” said Molly Ryan Carson, Vice President of Development at Ryan Companies.

The two-story, 150,000 square foot, state-of-the-art facility was built to promote the creative and collaborative spirit that GoDaddy, the world’s largest technology provider dedicated to small businesses, is known for. The space includes a full-service kitchen with on-site chefs, a slide into the cafeteria area and plenty of opportunities for fitness and fun including a fitness area, locker rooms, an indoor climbing wall, a go-kart track, relaxation stations, a putting green, a yoga room, large outdoor areas, a shaded basketball and sand volleyball courts and a soccer field.

“I am thrilled to welcome GoDaddy and its employees to our city,” said Mayor Mark Mitchell. “This corporate expansion will ultimately bring hundreds of high quality technology jobs to Tempe and continue the tremendous level of quality job growth the city has experienced in the past year.”

The new GoDaddy facility will house engineers, developers, corporate staff and small business consultants. To date, 200 employees have been hired to work in the new Global Technology Center and 250 additional people will be hired in the coming months.

“This is a killer facility. It embodies our GoDaddy spirit, which is energetic, innovative and passionate. It also supports our company culture and values to be extraordinary, own outcomes and join forces,” said GoDaddy CEO Blake Irving. “We are here to help our customers succeed and it all starts at our core, with our own employees. This environment is collaborative, fun, open and stimulating – exactly what fuels creativity for our customers, helps us attract top-tier talent and gives us a competitive advantage.”

SALT

OliverMcMillan breaks ground on SALT apartments

OliverMcMillan, a boutique real estate developer known for creating artistic, enduring destinations, has broken ground on SALT – a four-story, 265-unit, Class A apartment community in Tempe, Ariz.

The development will feature studio, 1, 2, and 3 bedroom living spaces.  Residents will enjoy boutique resort style amenities with two pools, spa, yoga lawn, poolside cabanas, multiple outdoor barbeque areas, lush landscaping, and direct frontage on Tempe Town Lake.   The community also includes a large gym complete with cardio equipment, free weights and resistance training equipment, a media room, and a spacious social room.  SALT (formerly the Lofts@Hayden Ferry) is slated to open in early 2016.

“We created  a modern, multi-family community that offers easy transition between indoor and outdoor living, drawing inspiration and vital energy from both environments,” said Morgan Dene Oliver, CEO of OliverMcMillan. “The location near Mill Avenue and Tempe Town Lake inspired the multi-faceted idea of SALT – our take on contemporary elemental living that we think will be very enjoyable for residents.”

The 3.7 acre project site is part of the Hayden Ferry Lakeside mixed-use Master Plan which includes residential, retail, hotel and office uses.  The site is nearby to Arizona State University Campus and the Mill Avenue Entertainment District.  It is next door to the new State Farm campus currently under construction.

“We brought together a fantastic team to make SALT stand out for its contemporary design and livability,” said Eric Buchanan, Managing Director of Acquisitions and Development for OliverMcMillan.

OliverMcMillan’s development team members include Amstar as equity partner, Comerica serving as the construction lender, and Adolfson & Peterson Construction serving as general contractor.

DSC_0221

Valley dining spots welcome patio season

It’s fall which means the desert is starting to cool down! Restaurant and bar goers all over the Valley begin to seek out the best spots to indulge in the beautiful Arizona weather. But look no further— these local restaurants have Valley residents covered with killer patios throughout Metro Phoenix.

TEMPE

Thirsty Lion Pub & Grill: Located in Tempe Marketplace, Thirsty Lion Pub and Grill has a great wrap around patio. With a southwestern exposure, the Thirsty Lion patio is perfect for watching the fall sunset. At this hip gastropub, you’ll find great food, more than a dozen big screen TVs, two bars and 52 beers on tap. Enjoy happy hour, seven days a week from 3:00 p.m.—6:00 p.m. & again from 9:30 p.m. to close. For more information, visit www.thirstylionpub.com.

SCOTTSDALE

TapHouse Kitchen: Located at The Hilton Village in Scottsdale, this neighborhood kitchen features a seasonal menu of “Modern American Cuisine” prepared in a “Scratch” kitchen. The 3,500 square foot location accommodates 144 guests and features a rustic and woody décor. The restaurant has a fully air-conditioned patio, with a large garage door that creates an indoor- outdoor atmosphere. Take advantage of their happy hour seven days a week from 3 p.m. to 6 p.m. Enjoy $2 off House Wine (Cupcake Chardonnay & Cabernet), $2 off all draft beer, spirits & wine on tap, $2 off all beer flights, $2 off all TapHouse Kitchen custom cocktails, $2 off Tap”House” Margaritas and $1 off all well drinks. TapHouse Kitchen is located at 6137 N. Scottsdale Rd, #108 in Scottsdale. To find out more visit them at TapHouseKitchen.com or visit their Facebook page at facebook.com/TapHouseKitchen.

Kelly’s at SouthBridge: To both enjoy the cool weather and feel the awesome Old Town atmosphere, hit Kelly’s at SouthBridge this fall. Their spacious outdoor patio, adorned with bright red umbrellas, is hard to miss—it’s the perfect place for lunch, dinner, happy hour or late night festivities. There’s also plenty of room for big groups or parties too! Located on Sixth Avenue in downtown Scottsdale, the 8,000 square foot upscale restaurant offers traditional pub classics mixed with exceptional modern cuisine and the perfect laid back atmosphere. Enjoy ½ price bottles of wine (with purchase of food) 11 a.m. to 6 p.m. every day and all day Sunday. For more information, visit www.kellysatsouthbridge.com.

NORTH SCOTTSDALE

SOL Mexican Cocina: Located at the Scottsdale Quarter, SOL Mexican Cocina’s patio is the ideal place to sit back, relax and sip on margarita after a day of shopping or before a night out. The perfectly shaded patio features plush seating, an outdoor bar and a view overlooking the vibrant heart of Scottsdale. The restaurant’s menu features Executive Chef Deborah Schneider’s bold, modern interpretations of traditional Coastal Mexican cuisine with a focus on fresh, sustainable ingredients. Designed to echo the expansive sea, sky, and desert of the Baja peninsula, SOL features old world charm juxtaposed with an urban comfort. For more information, visit www.solcocina.com.

DOWNTOWN PHOENIX

Tilted Kilt: Overlooking downtown Phoenix at Cityscape is where this patio is located. At this Celtic-themed pub and eatery, you will always find five things: ice cold beer and plenty of it, a mouthwatering menu full of traditional and contemporary pub fare, large TV screens showcasing sporting events, a festive atmosphere full of fun and friends, and attractive cast members eager to put a smile on your face and make you feel right at home. Enjoy specials on their “Hoppy Hour” menu throughout the week. www.tiltedkilt.com.

WEST VALLEY:

Grimaldi’s Pizzeria: Enjoy your favorite pizza while you soak up the beautiful fall season. Each of Grimaldi’s eight Arizona locations has a distinct patio. The Peoria location has one of the largest—lining the entire north side of the building with seating for about 50 people. So if you’re in the mood for pizza and cannoli or just want to enjoy a glass of vino or beer, Grimaldi’s in Peoria is a perfect place to unwind. For more information, visit www.grimaldispizzeria.com.

Uptown Alley: Uptown Alley, located in Surprise, is a 60,000 square foot family entertainment venue featuring bowling, an arcade, two-level laser tag, an ultra-lounge and more. Check out their great patio during this fall at their full-service restaurant, Red Embers Bar and Grill. Indulge in six-hundred calorie selections, gluten free dishes, craft sandwiches, new signature burgers and a custom Burger Bar. Guests can also take advantage of the special Tailgate Menu that’s available every Monday, Thursday, Saturday and Sunday throughout football season. The menu includes items such as Smoked Turkey Legs, Chili Cheese Franks and Stadium Nachos. During the regular season every Sunday guests can enjoy the Touchdown Special that includes one game of bowling, shoe rental and a $5 game card all for just $7. Visit www.uptownalleysurprise.com for more information.

Staying Innovative as a One Man Operation

Spirit of Enterprise Award Finalists named

Arizona is still recovering from the Great Recession, and many local businesses are playing a key role in the comeback. Today, some of the state’s best companies are being recognized as finalists for the 18th annual Spirit of Enterprise Awards from the W. P. Carey School of Business at Arizona State University.

The prestigious awards recognize firms for creating jobs, boosting our economy and delivering great customer service. Past winners include well-known names like Cold Stone Creamery, Ollie the Trolley and Total Transit (Discount Cab), as well as fast-growing businesses, such as Infusionsoft.

“We look for Arizona businesses that demonstrate ethics, energy and excellence in entrepreneurship,” explains Sidnee Peck, director of the Center for Entrepreneurship at the W. P. Carey School of Business. “We also want to see innovation, a positive internal culture, and an impact on both our economy and our local community.”

The 18th annual Spirit of Enterprise Award finalists are:

• Clean Air Cab (Mesa) – a family-owned, eco-friendly cab fleet with consistent 100-percent annual growth and a Happy Ride consumer guarantee, sourcing more than 83 percent of its business needs from local providers and donating to local charities, including the ONE Community Foundation for advancing the rights of the LGBT community.
• Endless Entertainment (Tempe) – an events production and consulting company started by a college entrepreneur at ASU that has been lauded by Inc. magazine, has a strong customer-service focus, and has worked with a range of clients from San Diego Comic-Con and the X Games to the American Cancer Society, Autism Speaks, Target and Zappos.
• Ersland Touch Landscape (Phoenix) – a state-of-the-art landscape maintenance company with more than 30 years of experience, a complete customer “feedback log,” an Adopt a Highway commitment, work with nonprofits, and more than 400 residences and 20 homeowner associations as clients.
• India Plaza/The Dhaba (Tempe) – a small, minority-owned one-stop shop for all things Indian, including an award-winning restaurant, a marketplace and an education center, with a low staff turnover rate, a no-questions-asked return policy, and vegetarian, gluten-free and environmental initiatives.
• IO (Phoenix) – a firm focused on data-center technology, services and solutions that are defined by software, instead of physical locations, with more than 650 global clients, including Goldman Sachs and LexisNexis, as well as two patents and a focus on energy efficiency.
• I-ology (Scottsdale) – a woman-owned technology company offering Web design and related services that features close client relationships, heavy community involvement, and no management hierarchy, where all employees have the chance to participate in revenue sharing, stock options, flexible schedules and industry events.
• The James Agency (Scottsdale) – a boutique, full-service advertising and public relations agency specializing in high-end brands, which was started by a 25 year old and now boasts flexible work schedules, no outsourcing, annual pro bono clients and last year’s revenue of more than $2 million.
• Kitchell (Phoenix) – a 100-percent employee-owned commercial builder, developer and program manager launched 65 years ago, which now has more than 850 employees, international operations, innovations like virtual construction, an internal leadership program, significant charitable contributions, and a focus on safety, work quality and customer satisfaction.
• Melrose Pharmacy (Phoenix) – an independent pharmacy that offers fast, personalized service, contributions to the March of Dimes and other charities, and involvement in community issues, as well as achieving business goals of $2.7 million in sales by its third year in business and a 119-percent increase in net income so far this year.
• Potter’s House Apothecary (Peoria) – a pharmacy specializing in compounding, with its own continuous-quality-improvement program and patient seminars, which reached its three-year business plan projections in just 18 months and became one of fewer than 15 Arizona pharmacies with accreditation from the Pharmacy Compounding Accreditation Board.

The finalists from the W. P. Carey School for the Student Entrepreneurship Award are:

• Anthony Gonzales/Force Impact Technologies – Gonzales, who just graduated with his MBA, has made headlines as a finalist in Entrepreneur magazine’s College Entrepreneur of the Year competition with his grant-winning, ongoing development of FITGuard, a mouthguard designed to indicate when an athlete should be removed from a game for possible head injuries/concussions, as well as a matching smartphone application that can provide results to a diagnosing physician.
• Paige Corbett/PetSitnStay – Corbett was working as a kennel assistant and attending business school, when she came up with the idea to start an online service to connect pet owners with pet sitters and in-home care options as an alternative to less personal commercial boarding facilities.

Winners will be announced at a luncheon Friday, Nov. 21 at the JW Marriott Desert Ridge Resort & Spa in Phoenix. Hundreds of business and community leaders attend the annual event. Also, new this year, an entrepreneurship workshop will be held right before the awards luncheon. There, top W. P. Carey School faculty members will talk about what tools and techniques you can use to advance your business.

For more information on sponsorship opportunities or to attend, call (480) 965-0474, e-mail wpcentrepreneurship@asu.edu, or visit www.wpcarey.asu.edu/spirit.

The Spirit of Enterprise Awards are just one focus of the Center for Entrepreneurship, which helps hundreds of businesses each year. The center recently introduced the Sun Devil Select competition to honor ASU alum-owned or alum-led businesses, as well as the Sun Devil Igniter Challenge to help fund student businesses. The center also offers companies a chance to recruit and meet with top student talent, while allowing students to get hands-on business experience. It is a gateway to access other ASU business resources. The center is self-funded and utilizes community sponsorships and volunteers to sustain its activities.

mobile-mini-and-pods-containers

Mobile Mini Completes Acquisition in Florida

Mobile Mini, Inc. (Nasdaq GS:MINI) announced it has completed the purchase of the assets and operations of a portable storage business with operations in Daytona Beach, Florida. Financial terms of the transaction were not disclosed.

“We continue to make acquisitions in growth markets which fit into our strategy of acquiring highly utilized rental assets on very favorable terms,” said Erik Olsson, Mobile Mini President and Chief Executive Officer. “This acquisition will add units currently on rent at over 90% utilization to our existing footprint without adding any additional fixed costs.”

The fleet of the newly acquired business consists almost exclusively of containers.

Mr. Olsson continued, “We are executing on our dual growth strategy of focusing on both internal growth alongside acquisitions that add long term value to our business and our shareholders.”

Mobile Mini, Inc. is the world’s leading provider of portable storage solutions. Mobile Mini is included on the Russell 2000® and 3000® Indexes and the S&P Small Cap Index. For more information visit www.mobilemini.com.

Freeman Farms

Fulton ‘Legacy’ at $15M before opening

While news headlines in August continue to declare sluggish new home sales figures in the Metro Phoenix market, one new Fulton Homes’ community in Gilbert is experiencing just the opposite.

As of Aug. 25, the Tempe-based homebuilder has sold 20 homes and has hit $15 million in sales at its Legacy at Freeman Farms community—and the models are not even open yet. Legacy’s single-level, 105-homesite community features floor plans ranging from 3,800 to 6,600 square feet, with 11-bedroom and six-bath options. Basements, a rarity in the Valley, are also. Price points begin at $575,000, some $300,000 more than the current average median price of a new home in Phoenix.

Homebuyer interest in Legacy has even outpaced that of past Fulton Homes’ communities, including the popular Fulton Ranch community in Chandler which opened in October 2006.

“We have been astounded by the enormous interest in Legacy,” said Doug Fulton, CEO of Fulton Homes. “These are among the largest homes we have even built. We are offering a luxury product with increased square footage, more bedroom space and room for vehicles, boats and storage to meet the demand of our customers. The sales spike even before the models open is a testament to both the quality homes we build and our awareness of what our customers are now looking for in a larger, modernized home.”

Located on S. Greenfield Road, Legacy will also feature swing-in motor courts, open spaces, ramadas, basketball and bocce ball courts, horseshoe pits and a shaded tot lot. Legacy is located near San Tan Mall and other amenities.

For further information, call 602-452-1000 or visit www.fultonhomes.com.

46-inch Fulton technology

Fulton Homes Utilizes Interactive Touch Screen Display

Fulton Homes has always had the touch when it comes to quality homebuilding. Now the Tempe-based residential builder is integrating a modern “touch” with innovative technology.

Fulton Homes will unveil a massive interactive 46-inch touch screen at its newest community “Legacy” in Gilbert when sales commence in August. Located in the main sales office, the touch screen will allow homebuyers to effortlessly search the more than 6,000 floor plan options available, all color-coded by lot size and square footages of rooms. Buyers will also be able in real time to easily connect with Google Maps to zoom in on all Fulton Homes communities and click on specific lots to determine size and elevation. Customers will also be able to automatically register for a Fulton Homes account.

“This will be are most technology-advanced sales office to date,” said Doug Fulton, CEO for Fulton Homes. “We decided to unveil the latest technology at Legacy, our newest community. The new touch screen adds a new element to the existing presentation screens we now have in our sales offices. In the future we expect to incorporate the same touch screen technology at our other sales offices as well.”

Located on S. Greenfield Road in Gilbert, Legacy is a 105-homesite community that features floor plans up to 6,600 square feet, with 11-bedroom, six-bath options and basements available. The list of Legacy’s interested buyers has swelled to nearly 400, easily outpacing that of past Fulton Homes’ communities.

autism

Banner Children’s Academy to open in Tempe

Students with autism, emotional and learning disabilities will have a new place to learn this fall when a nationally-accredited school, specifically established for their needs, moves to a larger, more expansive location in the East Valley. Banner Children’s Academy of Education & Development, a newly named school operated by Banner Behavioral Health in Scottsdale, opens for classes on Aug. 6 in Tempe.

Formerly known as the Howard S. Gray School, the Banner Children’s Academy is moving to a 15,000-square-foot location, which more than quadruples its size from its Scottsdale campus. The academy is accredited by the North Central Association and approved by the Arizona Department of Education. It focuses on teaching and nurturing emotionally fragile students, including those with autism and Asperger’s syndrome. The Banner Children’s Academy is for students in fourth through 12th grades.

One of the cornerstones of the school’s mission is to help their students prepare for life after high school. With the school’s move, there are renewed focus areas to help students develop practical work skills following graduation. Specific educational program focus areas include videography, culinary arts, agriculture, exotic animal care and computer skills.

“Our programs emphasize practical living and work skills which are critical for preparing students for life beyond high school,” said Dave Bachmann, an instructor at Banner Children’s Academy, who has taught at the school for more than 30 years. “That’s where the school and its new, expanded offerings will have huge impacts on the community and the kids who attend the school. Most of the students who graduate from our school take the skills they have acquired here and expand upon them in vocational and college settings.”

With two instructors per classroom, the academy’s student-teacher ratio is six-to-one. Classes focus on individualized learning plans tailored to meet the specific needs of the student. All instructors at Banner Children’s Academy are certified in both special education and in specific subject areas. Enrollment scholarships are available through the Arizona Empowerment Scholarship and Arizona Scholarship funds.

The new campus, located at 1410 West 10th Place in Tempe (south of University and Priest drives), includes a teaching kitchen, a science lab, an auditorium, an apartment unit to help teach independent living skills, an animal habitat learning center and a self-sustaining organic garden.

Courtesy of Fox Concept Restaurants

Culinary Dropout concept comes to Tempe this fall

Fox Restaurant Concepts (FRC) and development partner, Brian Frakes, plan to open the first East Valley Culinary Dropout location in October 2014 on First Avenue and Farmer Avenue in Tempe, Ariz. Known for their innovative restaurant concepts, FRC is planning their largest project to date with this Culinary Dropout location at Farmer Arts District at an estimated 14,757 square feet. This development will be the first of many upcoming projects in the revamped Farmer Arts District in Downtown Tempe. Similar to the Yard located in Phoenix, the FRC industrial space will encompass a large outdoor patio featuring yard games, a private dining venue named The Showcase Room and other local businesses.

The announcement of this new project comes at a time when development has been exploding in Tempe’s urban core.  The warehouse-like building that will house the future Culinary Dropout and several other local businesses is located at 149 W. Farmer Ave. and was originally constructed in the 1960s for Thorens Showcase and Fixtures. After becoming vacant for quite some time, an out-of-state information technology firm bought the parcel of land and in July 2013, the company negotiated a sale with FRC and Frakes.

In 2006, an initiative to enhance the Farmer Avenue corridor began with the addition of artist lofts and talks of adding more creative spaces and businesses. The vision for the Farmer Arts District also included a pedestrian pathway along Farmer Avenue from Tempe Town Lake to University, which FRC plans to continue and expand even further during development. Other businesses planned for the area include The Lodge Bar & Grill, which is taking over the Sail Inn space, a revived high-rise condominium tower and a Whole Foods Market.

“We have been following the growth of the cultured Downtown Tempe area for a considerably long time now. With the increase in business professionals and upscale living options in the vicinity, we knew that our Culinary Dropout concept would be a great fit,” stated Founder of FRC, Sam Fox. “We hope to spark an interest from other like-minded businesses, to trigger the ‘work, dine, play’ model for the Farmer Arts District again, and see final results of the area developed within the next three to five years.”

As part of Culinary Dropout, FRC will open “The Showcase Room” – a new venue that will offer Downtown Tempe’s hip, young, urban professionals several private dining spaces and attract more high-profile business, alumni and lifestyle events. The Showcase Room is a private dining venue that can serve up to 250 people with its own entrance and dedicated bar. Measuring at 4,435 square feet, the exclusive, private room can actually be divided in two separate spaces to be used by smaller parties and is retrofitted with A/V equipment to be used for a variety of purposes. Another, second private dining space, nicknamed “The Coop” can seat 86 additional guests.

“We are excited to add the Culinary Dropout concept to the vibrant Downtown Tempe mix,” said Mayor Mark Mitchell. “This project is a key component in our desire to expand the downtown to the east and west of Mill Avenue by bringing new jobs and truly innovative development.”

The other local businesses housed inside the property include local entertainment-based fitness club, The Madison at Farmer Arts District (branching from The Madison Improvement Club). Originally from Tempe, The Madison owner, Andrew Varela wanted to introduce the healthy community club concept to the ever-growing city. The Madison will feature the “Party on a Bike” spin studio with 60 bikes, showcasing a state-of-the-art lighting and sound system  influenced from a premier night club in London. The Madison boutique will carry a variety of clothing and accessories, including private label pieces. The s.e.e.d. café, originally found at The Madison Improvement Club, will provide prepackaged healthy and tasty to-go salads, juices, one to three day juice cleanses, house made energy bars and raw desserts at the Farmer Arts District location. The Madison at Farmer Arts District will be 3,956 square feet and will schedule about seven classes a day during the week, and four classes a day on weekends. The Madison is expected to be the first business to open in the venue later this fall.

Continuing downtown Tempe’s long history of live music, Culinary Dropout at Farmer Arts District also has included a stage in the building plans with hopes of attracting hot, local artists waiting to be discovered. There will also be a large, 2,758 square foot outdoor lounge patio with eight sections of seating and an Outdoor Beer Cooler. The outdoor gaming area will have ping pong, corn hole, and other family favorites. Patrons will have access to close to 90 parking spaces as well as valet service.

For lovers of Culinary Dropout’s famous pretzel fondue, FRC has planned the kitchen in the Farmer Arts District location to be their most state of the art kitchen to date. This kitchen will serve all the spaces in the building and feature an array of menu options to accommodate all the spaces including the corporate training space and cater up to 1,300 people.

Construction on the Culinary Dropout at Farmer Arts District began in March. More of the local businesses that will occupy the space will be announced soon.

Staying Innovative as a One Man Operation

Innovators get boost from Arizona Commerce Authority

The Arizona Commerce Authority (ACA) has selected 18 recipients for AZ Fast Grant, a highly competitive grant program that provides qualified Arizona-based, early stage technology companies with intensive training and technical assistance to help them commercialize their innovations, grow their businesses and create quality jobs.

“Early stage companies play a key role in developing innovations that fuel our state’s economy,” said Sandra Watson, President and CEO, Arizona Commerce Authority. “The AZ Fast Grant program helps companies with critical training, technical expertise and the ‘know how’ to secure additional funding and commercialization opportunities to propel their businesses.”

Companies may use AZ Fast Grant awards for professional consulting services (that may include an expert review of technology under development); a commercialization feasibility study; or other commercialization assistance such as training to compete more effectively for federal Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) funding programs.

More than 50 Arizona small businesses applied for this round of the AZ Fast Grant program and awardees represent a variety of target industries.

AZ Fast Grant Recipients include (Total: $141,000, plus an additional $134,000 in leveraged funds):

* Arbsource, Tempe – Bio & Life Sciences
* Arizona Medical Systems, Peoria – Bio & Life Science
* Elliptical Mobile, Chandler – Advanced Manufacturing
* Engineering Science Analysis Corp., Tempe – Aerospace/Defense
* Grannus, Tucson – Cleantech/Renewable Energy
* Hildeez Enterprises, Peoria – Bio & Life Science
* MediCoventures, Peoria – Bio & Life Science
* Movement Interactive, Laveen – Bio & Life Science
* Kulira, Peoria – Bio & Life Science
* Prime Solutions Group, Goodyear – Aerospace/Defense
* QuantTera, Scottsdale – Advanced Materials
* Saccadous, Scottsdale – Bio & Life Science
* Score Algae, Scottsdale – Cleantech/Renewable Energy
* SiO2 Nanotech, Phoenix – Advanced Materials
* StatTransfers, Flagstaff – IT-Software
* Verve, Peoria – Bio & Life Sciences
* Vicinity Health, Chandler – Bio & Life Sciences
* YourLabs, Tucson – IT-Software

“I can honestly say the AZ Fast Grant really helped us get over the hump,” said Joe Marvin, Founder and President of Prime Solutions Group, a systems engineering and IT services company providing consulting expertise to government and defense contractors. Prime Solutions Group received AZ Fast Grant awards this year and in 2013.

With the help of AZ Fast Grant program support and technical expertise, the company recently secured $1 million in federal funding from the U.S. Department of Defense for its SBIR/STTR program submission this past fall. “We used our last AZ Fast Grant for commercialization strategy development, and that went directly into our federal proposal,” said Marvin.

spine

Spine Specialists Open New East Valley Office

Sonoran Spine Center, Arizona’s leading spine and back specialists are moving to a new office in Tempe. Located at 1255 West Rio Salado Parkway, Suite 107, this marks the fifth location for Sonoran Spine Center in Metro Phoenix with a sixth office operating in Show Low, Ariz.

Opened in 1999 by Dr. Dennis Crandall, Sonoran Spine Center includes a group of cutting-edge, innovative physicians and surgeons specializing in all areas of the back and spine. Their objective is to help adults and children with spinal curvatures, scoliosis, work injuries, slipped vertebra and disc herniations, as well as many other conditions. Their team of doctors have studied new and ground-breaking methods to improve treatment through both surgical and non-surgical techniques.

“Sonoran Spine Center is growing and adapting to our patients’ needs,” said Dr. Crandall. “We are excited about our new office opening this summer on Rio Salado Parkway in Tempe, just down from ASU’s stadium and the Tempe Center for the Arts.”

Sonoran Spine Center physicians are known for their ability to assess and treat very difficult and complex spine problems. A significant portion of their patients, upwards of 90%, are able to avoid surgical intervention thanks to conservative care like physical medication and rehabilitation (PM&R) or physical therapy (PT.)

“The Mesa office, at the Banner Desert Hospital campus, limited our space and the services we could provide, plus the parking and access problems were a challenge for our patients. These problems are solved at our brand new office located in one of the most desirable areas of the East Valley,” added Dr. Crandall.

The new Tempe location will provide patients with a state-of-the-art medical facility and easy access off the 202 freeway at Priest Road. Updated services will also be provided at this location including convenient on-site Physical Therapy, x-ray and MRI facilities.

Sonoran Spine Center provides comprehensive care as well as spinal surgery options to for both adults and children. For more information about the services they provided or to schedule an appointment with one of the highly-qualified physicians on staff, visit sonoranspine.com.

kids.money

Arizona Central Credit Union Launches Kids’ Website

ACCU smallArizona Central Credit Union is launching a new initiative to encourage financial literacy among children. Designed for children between the ages of 8 and 12, this program is intended to encourage sound financial habits and further an awareness of positive saving and spending practices.

Molly and Moe are the official mascots of the Monkey Money program, which incorporates an interactive website, children’s savings account and club member benefits. Games, stories, contests, jokes, definitions of financial terms, and information about the special Monkey Money savings program, can all be found on the website. Each month a new article and correlating activity will address a different financial theme. A coloring contest, which began at the launch of the website on June 21, 2014, will be held until July 31, 2014. Children don’t have to be Monkey Money members to enter, but can win cash prizes, and fun monkey items. Coloring sheets and the official rules for the contest can be found on the website.

“Arizona Central Credit Union is passionate about helping the children in our communities reach a higher level of financial literacy. By investing in creative and fun educational methods, we hope to encourage positive lifestyle patterns that will then translate into adulthood,” said Todd Pearson, President and CEO of Arizona Central Credit Union­.

Following the launch of the website on June 21st, Arizona Central Credit Union branches will be hosting a week-long youth event. Free gift basket raffle tickets and refreshments will be available at all branches. Arizona Central Credit Union will contribute a $10 deposit into Monkey Money accounts opened during this celebration week.

Founded in 1939, Arizona Central Credit Union has been serving members for over 75 years at 10 full-service branches, with offices in Phoenix, Tucson, Glendale, Chandler, Tempe, Flagstaff and Show Low. Visit www.azcentralcu.org or their Facebook Page, www.facebook.com/azcentralcu for more information.