Tempe’s status as an innovative city has caught the attention of Google Fiber and may soon be responsible for the high-speed service arriving in Tempe.
“There are many reasons Google Fiber could have an impact on Tempe. They are Google, so they have big brand recognition and becoming a Google Fiber city promotes recognition throughout the world,” said Kris Baxter-Ging, public information officer for the city of Tempe.
Google Fiber is a video services program that offers a broadband fiber network providing Internet protocol television and gigabit speed. In other words, the service would provide the same cable channels as other cable providers, but their Internet speed would be significantly faster. Forty times faster, to be exact. Whereas most broadband services have systems that operate at 11.9 megabits per second, Google Fiber operates at 1,000 megabits per second.
Although the agreement to install the network has not yet been finalized, the city of Tempe has approved a license for Google Fiber to use pre-existing aerial structures to install their network. By installing the system in these structures, the hassle and noise of construction will be minimal. In areas where there are no aerial structures, Google Fiber will go underground to install their system.
“The gigabit service offered by Google Fiber elevates (Tempe) to the small part of the world that has this limited service,” said Baxter-Ging with a tone of pride in her voice.
Rick Brody, a junior majoring in economics at Arizona State University, claimed that the potential arrival of Google Fiber in Tempe would bring a wave of competition to the Internet market.
“Google Fiber is the first new Internet provider in a long time, and they’ve created a really efficient service. Now we have a market where companies are finally beginning to compete with each other,” said Brody.
As many neighborhoods have a designated provider, there is a lack of competition in the market. Yet, Google Fiber will provide subscribers with faster everyday services as well as adding an edge to the research within Tempe.
“I knew one man who was researching a particular topic at work with a basic software. With the regular software it took him two weeks to finish the research, but at home he had the gigabit software and was able to complete the research within one hour,” said Baxter-Ging.
Tempe was not randomly selected as the new home for the gigabit software. According to a press release published on July 30 by the city of Tempe, Google Fiber stated that Tempe has the strongest online business community in the state.
“I definitely think that ASU’s high population of students has a correlation to Tempe’s innovative state,” said Kierstin Berg, Director of Student Services for Barrett, The Honors College at ASU.
According to the U.S News, ASU is the most innovative school of 2015. Immense research opportunities available at the school contribute highly to its recognition. ASU’s Industry and Startup program aids students in generating their ideas into potential companies. Additionally, Global development programs, such as the Higher Engineering Education Alliance Program, put students in contact with experts in their fields in order to further research.
“There are tremendous research opportunities at ASU. I’m sure there are probably students working on solving global issues such as Ebola,” said Baxter-Ging.
While Tempe has approved the software, Google Fiber must first meet with the cities of Phoenix and Scottsdale before they can proceed to set up their system and gain subscribers.
Google has already expanded the boundaries of this gigabit system to include Atlanta, Ga., Austin, Texas, Charlotte N.C., Kansas City, Mo., Nashville, Tenn., Provo, Utah, Raleigh-Durham, N.C., Salt Lake City, Utah, and San Antonio, Texas. Yet, residents of Tempe are eagerly awaiting the software that could put their hometown on the map.
“It’s really crazy to have a new Internet provider and it’s even crazier that they want to come here,” said Brody with an undeniable hint of excitement in his voice as he thought about the future of Tempe’s Internet world.
Businesses looking for office space in the nation’s hottest tech markets should expect to pay a premium – and a hefty one in many of the top tech cities, according to a new research report by CBRE Group, Inc. The report, which analyzes the top 30 tech cities across the U.S. and Canada, showed an aggregate rent premium of 11 percent across all 30 markets. And while the numbers may have tech tenants in some markets cringing, companies located in or looking at metropolitan Phoenix should feel pretty good about two areas in particular: job growth momentum and rental rate growth.
Metropolitan Phoenix posted a two-year growth rate of 42.7 percent for high-tech services/software-centric jobs from 2012 to 2014. This translates to 12,662 new tech jobs added to the market over the two-year period. These jobs comprised 31.3 percent of overall new jobs added to the Valley’s office base. Comparatively, San Francisco also saw a high-tech services/software job growth rate of 42.7 percent from 2012 to 2014, which was 55.1 percent of that market’s overall office-job base. San Francisco’s actual number of new jobs in that time frame was 16,976.
In Phoenix, major high-tech leasing activity exceeded 1.0 million sq. ft. over the past two years; 40% was transacted through Q2 2015, making the current year tech companies’ most active yet in the metropolitan area. Tech firms employed 42,304 people Valley-wide at the end of 2014.
Rent growth across the Tech-Thirty markets display some of the biggest increases in office sectors across North America, with San Francisco and Silicon Valley topping the list with rental growth rates of 30.7 and 28.1 percent from Q2 2013 to Q2 2015, respectively. This growth translated to the two top tech markets posting average office rental rates of $67.99 and $49.20, respectively, in Q2 2015. In that same period, Phoenix saw rental growth rates of 8.3 percent and as of Q2 office lease rates were $22.06. Comparatively, Denver and Austin – two cities Phoenix regularly competes with in site selection bids for tech companies – have seen rental rate growth of 11.8 and 11.4 percent and posted Q2 rental rate averages of $24.15 and $31.33, respectively.
“Metropolitan Phoenix is undergoing major changes. We talk a lot about the diversification of the Phoenix and Arizona economies and reports like this one prove the investments that have been made towards economic expansion are paying off,” said Kevin Calihan, senior vice president with CBRE’s Phoenix office. “The Valley has a growing, young and educated workforce and an office market that’s attractively priced when compared to our competitors.”
Tempe came in as the Valley of the Sun’s hottest tech submarket, registering 18th on the Tech-Thirty list of the top tech submarkets in each market in terms of rent growth and 13th in net absorption. Tech occupiers’ demand for amenity-rich environments and quality office product has caused Tempe rental rates to appreciate when compared to overall market rates. And while current average rental rate in Tempe is $22.08, just two cents over the Valley wide average, premier properties can command rates nearing $40.00.
“Rental rates in Tempe can fluctuate depending on a number of factors, including location within the submarket,” said Calihan. “Rates in the more suburban parts of Tempe typically fall in the mid to upper $20.00 range, while rates in downtown Tempe are about $10.00 higher.”
In submarkets like Tempe, the lack of available space in blocks of 25,000 sq. ft. or more in buildings proximate to walkable amenities has developers jockeying to initiate new projects to chase this demand. Those developers that are successful in getting projects launched are being met with significant interest from tenants. Parkway Properties’ Hayden Ferry Lakeside is a prime example. The project’s third building broke ground in May 2014, and as it nears completion the property is already 85 percent pre-leased.
“There is definitely an urban migration happening in a variety of submarkets across the Valley,” said Calihan. “Companies, particularly tech companies, recognize employees want to work in amenity rich environments with access to public transit, multifamily housing options, and vibrant recreation and nightlife – submarkets like Tempe with projects like Hayden Ferry check all of those boxes.”
Gordon Steere, who led Medtronic Tempe from 1997 -2008, has been selected as the recipient of the 2015 AZBio Pioneer Award for Lifetime Achievement by the Arizona BioIndustry Association.
“During a period of rapid growth and innovation across our industry, Gordon Steere led the Medtronic team in the creation of one of the leading life science microelectronic centers in the world” said Joan Koerber-Walker, president and CEO of AZBio. “Thanks to his vision, leadership and commitment to growing Medtronic’s presence within our life science community, today the Medtronic Tempe Campus spans over 30 acres and includes over 400,000 square feet of state-of-the-art design, development and manufacturing facilities.”
A ceremony honoring Gordon Steere will take place at the AZBio Awards on October 1, 2015 at the Phoenix Convention Center. The AZBio Awards ceremony celebrates Arizona’s leading educators, innovators and companies. Each year, AZBio honors bioindustry leaders from across the state of Arizona who are illustrative of the depth, breadth and expertise of our bioscience industry.
Beginning in 1973 as Medtronic Micro-Rel, today’s campus began as a single manufacturing facility that had previously been owned by Motorola. Under Steere’s leadership, the campus was expanded five times helping it to reach the level of scale and sophistication that it is at today.
Medtronic Tempe is a vertically integrated manufacturing site and technology center for the world’s leading medical technology company and focuses on analog and mixed signal integrated circuit design and fabrication with a focus on ultra-low power and power management devices to support Medtronic’s global life science portfolio.
This commitment to innovation has resulted in over 190 patents by local team members and over 800 employees at Medtronic Tempe. They design, develop, manufacture and test microelectronics solutions used in Medtronic implantable devices, such as cardiac pacemakers and defibrillators, devices that help patients with diabetes manage their insulin levels safely and effectively, spinal cord stimulators for pain management and deep brain stimulators that address movement disorders. The world’s smallest pacemaker, the MicraTM Transcatheter Pacing system, and other products leveraging Medtronic’s expertise in miniaturization are also manufactured at the site. The site produces over 1,000,000 units annually and enables approximately 20% of Medtronic’s $27.8 B revenue.
Gordon advocated for the value that the Tempe Campus’ “connected capabilities” provided to Medtronic, inspiring every employee to support Medtronic’s growth. Even today, as a legacy coach, his dedication to the organization’s success remains. Gordon’s steady leadership has inspired employees to reach their full potential, contributing to Medtronic’s Mission through developing new products and world class manufacturing processes.
Past recipients of the AZBio Pioneer Award for Lifetime Achievement include: Roy Curtiss, III, Ph.D. of the Biodesign Institute at Arizona State University, David S. Alberts, M.D., Director Emeritus at the Arizona Cancer Center, Raymond L. Woosley, M.D., Ph.D., Chairman Emeritus of the Critical Path Institute, and Thomas M. Grogan, M.D., founder of Ventana Medical Systems, Inc.
Stardust Building Supplies, a nonprofit reuse organization, is hosting the 3rd Annual Salvage This! on Friday, November 6, 2015 at the Showcase Room at The Yard in Tempe. Salvage This! is a celebration of reuse and repurpose, inspiring everyone around us to build a sustainable community.
Featured celebrity guest, Frank Fritz from History Channel’s “American Pickers”, will be hosting a VIP event for 50 special guests from 5-6 p.m., including a meet and greet, presentation and book signing. Each VIP guest will walk away with a copy of “American Pickers Guide to Picking.” Following the VIP event is the Main Event from 5:30-8:30 p.m. where teams of interior designers construct kitchens for one of Deveraux Arizona’s respite homes for foster children. Each team must also include a repurposed item in their kitchen design, which is voted on by Frank Fitz. Proceeds from the event will support the Stardust Building Supplies programs and offset any additional costs to install the kitchen.
Phoenix City Councilman Bill Gates, Arizona Organizing Committee Co-Chair Brad Wright, Phoenix City Councilman Michael Nowakowski, Phoenix Mayor Greg Stanton, Tempe Vice Mayor Corey Woods, Mesa Vice Mayor Dennis Kavanaugh, Scottsdale Mayor Jim Lane, Glendale City Councilman Sammy Chavira and Arizona Organizing Committee Co-Chair Win Holden.
With 195 days and counting until the College Football Playoff National Championship, the Arizona Organizing Committee (AOC) and several Valley mayors and city leaders, unveiled a countdown clock at Phoenix Sky Harbor International Airport. This clock will mark the days, hours and minutes until Arizona shines on center stage with the kick-off of the big game.
“The countdown for the 2016 College Football Playoff National Championship has officially begun. This marks another milestone for the AOC and the community as we prepare for one of the most exciting times in Arizona’s sports history,” said Brad Wright, co-chair of the Arizona Organizing Committee. “Everyone traveling through Phoenix Sky Harbor will see the clock and know that Arizona is the destination for the biggest celebration of college football.”
Located in Terminal 4, which serves 80 percent of Sky Harbor’s passengers, the digital clock is illuminated on a 55 inch high-definition LED screen at the west end of Baggage Claim. An additional countdown clock will soon be illuminated on east end of Baggage Claim.
“The first-ever College Football Playoff National Championship was a major success, and we expect an even bigger and better experience for fans when the Valley hosts the second National Championship in 2016,” said Phoenix Mayor Greg Stanton. “That phenomenal fan experience begins at Phoenix Sky Harbor International Airport, which serves as the gateway to the Valley for the thousands of fans traveling in to attend the game. This clock is our way of showing how much we look forward to welcoming them and providing a world-class experience.”
The second ever College Football Playoff National Championship will be played on January 11, 2016, at the University of Phoenix Stadium in Glendale, Ariz. This will be the Valley’s first time hosting the game which debuted in its new format last year in Arlington, Texas.
More than 85,000 people are expected to visit the Valley of the Sun for the game and surrounding festivities. Phoenix Sky Harbor will serve as the gateway to the events, and provide easy access to Valley-wide activities. The PHX Sky Train® connects with Valley Metro Rail to provide a quick, convenient, and seamless ride from the airport to downtown Phoenix, where a multi-day fan festival called Playoff Fan Central will be held, giving fans the opportunity to be a part of the national championship experience.
Valley leaders in attendance at the countdown clock unveiling included Phoenix Mayor Greg Stanton, Scottsdale Mayor Jim Lane, Mesa Vice Mayor Dennis Kavanaugh, Tempe Vice Mayor Corey Woods, Phoenix City Councilman Bill Gates, Phoenix City Councilman Michael Nowakowski, and Glendale City Councilman Sammy Chavira.
Metromile, a pioneer in pay-per-mile car insurance in the United States, announced Wednesday that it will open its third office in Tempe. The office is located at 1150 West Washington, near the Priest Drive and Washington Light Rail Station.
“We are really excited to be in Tempe,” said Dan Preston, CEO of Metromile. “We looked at a number of cities but were impressed with Tempe’s business and technology community and diverse talent pool. As we expand our offerings to new states and grow aggressively, we are focused on better serving our customers — Tempe is a great place to attract talent that will help us create fiercely loyal customers.”
Metromile launched in 2011 and operates its headquarters in San Francisco, Calif. with more than 70 employees. The company added its second office in Boston earlier this year. The new Arizona office is 15,000 square feet and will add at least another 130 employees with a strong focus on customer service, sales and claims.
Metromile offers revolutionary pay-per-mile car insurance for the modern driver. Metromile uses technology and a data-driven approach to deliver lower premiums by the mile and personalized data to help customers manage their cars more efficiently and cost-effectively. Metromile’s per-mile insurance is currently available in California, Illinois, Oregon, and Washington but is rapidly expanding to other states in 2015. In January, Metromile and Uber announced an innovative partnership to provide variably-priced, pay-per-mile auto insurance for drivers who use Uber’s rideshare platform. Metromile began offering the insurance product to Uber driver partners in California, Illinois, and Washington in February and will add more states in the coming year.
Nashville-based renewable energy provider Silicon Ranch Corporation and Tempe-based First Solar, Inc. (NASDAQ: FSLR) announce the selection of First Solar technology and products for the 12-Megawatt (MW)AC solar power project that will provide power to Aerojet Rocketdyne and Arkansas Electric Cooperative Corporation (AECC) in East Camden, Arkansas.
Silicon Ranch has selected First Solar’s advanced thin film modules and solar tracker racking solution for installation at Silicon Ranch’s Highland Industrial Park solar field adjacent to Aerojet Rocketdyne’s 1,200-acre manufacturing and test facility. Electricity from the solar generation facility will directly supplement Aerojet Rocketdyne’s daytime operations. Under a unique set of power purchase agreements, excess electricity generated by the installation will be released to Arkansas Electric Cooperative Corporation (AECC) and integrated into the cooperative’s diverse generation portfolio.
“With its manufacturing facility in Perrysburg, Ohio, First Solar meets Aerojet Rocketdyne’s commitment to work with U.S. companies and support domestic development and manufacturing of technology that advances our nation’s strategic objectives,” comments Erik Didriksen, Aerojet Rocketdyne EH&S strategist.
“This project is on the leading edge of a trend by U.S. industrial companies to commit to clean, renewable energy,” said Matthew Kisber, President and Chief Executive Officer of Silicon Ranch Corporation. “Aerojet Rocketdyne understands that solar is a responsible choice from both environmental and economic considerations. It is a smart, enlightened strategic procurement decision. Silicon Ranch is proud to help them achieve that objective.”
Kisber said Silicon Ranch’s selection of First Solar was based on the company’s streamlined Module Plus solution, which is essentially a bundling of First Solar PV modules, wiring and mounting system, pre-engineered to optimize First Solar’s proven module technology. The Aerojet Rocketdyne project includes a single-axis tracking table mounting system, which allows the modules to follow the sun across its daily arc. This tracker technology produces up to 25 percent more energy than fixed mounting systems, and is a configuration preferred by utility-scale solar projects around the world.
“Silicon Ranch’s choice to partner with First Solar shows how this technology contributes to a competitively designed commercial and industrial solar power project,” said Dana Diller, First Solar’s Vice President of Business Development – U.S. “This market segment includes large-scale business operations seeking ways to save on energy costs while adopting sustainable, environmentally sound purchasing practices. First Solar enables power plant operators and owners to mitigate their risk and maximize their energy return.”
The 2015 Super Bowl kicked off an unprecedented run for the Phoenix metro area as the host of mega-sporting events. But if the Valley is going to continue to lure Super Bowls, NCAA championship football games and Final Fours, leaders in the sports community say the current system needs to be improved.
“We’re playing with a bow and arrow and everybody else is playing with a howitzer,” said Jon Schmieder, founder and CEO of the Huddle Up Group that is based in Phoenix and consults with sports commissions across the country.
The howitzer belongs to cities like Dallas, Houston, New Orleans and Miami that have deep pockets and one central sports commission with full-time staffers.
Phoenix, in conjunction with Glendale, Scottsdale, Tempe and Mesa, won bids for high-profile collegiate and professional events without the benefit of a unified sports commission to spearhead the effort. The successful bids were the results of hard work by dozens of people around the city, none of whom work together under one roof on a regular basis.
Phoenix might be in danger of falling behind other cities if it doesn’t update the system used to organize these events.
In 2016, the College Football Playoff National Championship Game will be played at University of Phoenix Stadium. One year later, the Men’s Final Four rolls into the Valley.
These rotating events complement the annual large-scale sporting events that call the Greater Phoenix area home. For more than 40 years, college football pageantry has descended on the Valley with the Fiesta Bowl and, more recently, the Cactus Bowl. Phoenix International Raceway hosts two NASCAR races every year. The Waste Management Phoenix Open at TPC Scottsdale is arguably the most raucous and fan-friendly tournament on the PGA Tour.
And the city hosted two Super Bowls in seven years.
When the pieces fit together, the picture seems clear: Phoenix has carved out a place among the major host cities of the nation’s biggest sporting events.
The question now becomes: Can the metro area maintain its hot streak?
David Rousseau, president of the Salt River Project and chairman of the Arizona Super Bowl Host Committee, worries the current system of assembling a different committee each time a new event comes to town could hinder future attempts to secure and produce the events.
“That (system), at some point, is going to start to be this frayed, fragmented effort,” he said. “I think there’s some value in just continuing to improve upon and refine that effort and you can only do that if you have that one platform model as opposed to startup efforts every time a new bid opportunity comes by.”
Only one person served on both the 2008 and 2015 Super Bowl host committees. Several members of the 2015 committee have transitioned to the Arizona Organizing Committee that will produce the college football championship game. But the majority of the Super Bowl host committee members have taken other jobs and gone their separate ways.
Each loss means some institutional knowledge gained from valuable experience is siphoned off, but the lack of overall consistency in personnel from committee to committee doesn’t necessarily mean a drop in the quality of the event.
By all accounts, the 2015 Super Bowl was a major success for the Valley. Rousseau hopes the economic impact report being produced by Arizona State University’s W.P. Carey School of Business will show numbers that equal or exceed the half-billion dollars of direct-spend money he said was captured around the 2008 game.
“We’ve never been better in terms of customer satisfaction than we are right now but we don’t have a staff to go ahead and go forward and secure that commitment for future bids,” Rousseau said.
Tom Sadler, president of the Arizona Organizing Committee, shined a positive light on the current model but also acknowledged there might be a better way to operate.
“I wouldn’t say it puts us at a disadvantage when we are bidding head to head … because at the end of the day we’ll rise to the occasion,” he said. “Could it be more efficient to have an overarching commission overseeing this so we’re not reinventing the wheel every year? The answer is yes.”
Sadler is a busy man in the landscape of mega-events en route to the Valley. As president and CEO of the Arizona Sports and Tourism Authority, he is the head of the group that oversees the operation of University of Phoenix Stadium. He was also co-bid chair for the Final Four.
“I would like to see an organization that would respond to not just the big three mega events – Super Bowl, college champ, Final Four – but soccer events, entertainment events, to be an agency that’s nimble enough to be on the leading edge of competition with these other cities,” Sadler said.
Cities that perennially host major sporting events in the country are the competition: Miami, Tampa Bay, Atlanta, New Orleans, Houston, Dallas, San Diego, San Francisco and Indianapolis. The New York Super Bowl opened the door for so-calledcold-weather cities to host the game.
Minneapolis was awarded the game in 2018, to be played in a new domed stadium.
Those cities, as well as many others in the rotation for at least one of the big events, have one central sports commission to oversee the recruitment and coordination of events of all sizes. The size and scope of the commission varies from city to city.
Individual committees can be formed on an as-needed basis or the commission itself can double as the host committee, as is the case with the Dallas Sports Commission.
“The sports commission is the local organizing committee (for the 2017 Women’s Final Four),” said Larry Kelly, communications and marketing manager for the Dallas Sports Commission. “It varies event to event but on all the collegiate and amateur events that we bring in, we’re the local organizing committee. And then on the major professional events, depending on the event, there will be a larger committee involved.”
The oldest sports commission in the country is the Indianapolis Sports Corp. Founded in 1979, its website lists close to 30 full-time employees who run departments like business development, finance and events.
Miami’s sports commission is one of the smallest, though the city is obviously a prime destination. The staff is comprised of only two people but the commission’s large board of directors, which includes ESPN college football analyst Desmond Howard, helps bring in all types of events.
“We have a very wide array of board members so that helps bridge a lot of the gaps and helps bring everyone together,” said Miami-Dade Sports Commission Associate Executive Director Mathew Ratner.
Despite the size and duties of a specific commission, the NFL requires each host city to form a new stand-alone committee to oversee the production of a Super Bowl. Even with an all-hands-on-deck mentality, the effort required for success is enormous.
“It is a herculean task put together an effective bid,” Sadler said. “It’s beyond herculean to execute these events when they come out.”
Two themes run through the discussion when the word “fundraising” comes up among metro-area leaders of the sports community: Arizona could benefit from a state fund for mega-events similar to the one used in Texas. Fundraising on an event-by-event basis is not a sustainable model for the future if Phoenix wants to remain competitive with other markets.
“Our fundraising focus was on largely (the) business community and I think we probably raised on the order of 70 percent of our dollars of the $30 million that it took to host the game from our business community,” Rousseau said.
With three mega-events landing in the Valley in consecutive years, the concern is each host committee must try to raise money from the same small pool of potential donors.
“We just can’t year in and year out count on the support from the private sector,” Sadler said. “I think it’s possible to do it for a few years in the short run, but year after year would be very difficult, and that’s why we need the state’s help.”
Texas has adjusted and amended its model over the years, but the concept has remained the same. If an event hosted in the state can prove a certain level of revenue was generated during its run, the state will reimburse the host committee for a percentage of its operating budget on par with the money earned.
The host committee can then pass some of those savings on to the rights holder of the event to hopefully ensure the event returns in the future and also roll some of the money over to pursue subsequent events.
Said Kelly: “The Texas Major Event Trust Fund program has been a tremendous success story for the city of Dallas and its ability to attract and retain major sporting events and certain citywide conventions to the state of Texas, and to Dallas.”
Texas has $50 million authorized for the fund for the 2015 fiscal year.
While many sports leaders in Phoenix agree a state fund would be beneficial, if not necessary, they also agree the $50 million figure is probably too high for Arizona.
“I frankly think that’s too rich of a model,” Rousseau said.
The exact dollar amount feasible in Arizona is debatable, but attempts to create such a fund have already begun.
In 2014, former state Rep. Tom Forese, R-Gilbert, introduced a bill that would have created a $10 million fund, though he and others were quick to say the fund must be carefully regulated.
“It’s a very competitive environment when you’re chasing opportunities like this, so you want to give the state every competitive advantage and yet you don’t want to be throwing money blindly at anything,” said Forese, now a member of the Arizona Corporation Commission. “So the model that we had was a revolving fund, and it was a fund that could be used in order to provide that competitive edge and then be reimbursed by the proceeds of the event.”
The bill did not make it through the Legislature, but Sadler, who helped promote the bill, hopes to keep the issue alive.
“Given the state’s current economic status, it wasn’t a great time to enter into that conversation, but we’re going to keep it on the front burner and see if we can get something enacted,” he said.
The challenges of raising money in the Valley can be daunting, and proponents of the fund say it would help ease the burden on both the host committees and local businesses.
The Phoenix metro area is home to only four Fortune 500 companies, according to the 2014 list compiled by Fortune magazine. By comparison, Dallas and Minneapolis both have 18 and Atlanta has 16.
Steve Moore, president and CEO of Visit Phoenix, has the unique experience of having worked with the Texas fund during his 14 years at the Houston Convention and Visitors Bureau and 14 years at the San Antonio Convention and Visitors Bureau. He has overseen Visit Phoenix for 13 years and sees the need for some kind of state fund for events.
“Those states that enjoy mega-event funding have clearly placed us at a disadvantage. It’s no longer just that our good weather is going to bring mega events here. It has to be an organized, consistent, well-funded effort that is a great business model, that is inclusive and aware, and abides by the sunshine (law) of open government.”
Questions without answers
The reason for a central sports commission, which would recruit and coordinate major sporting events in the Valley, seem plentiful. However, the idea is rife with questions.
Alan Young, COO of the Arizona Sports and Entertainment Commission, which primarily organizes youth and amateur events, sees several outstanding issues that would need to be addressed.
“I think the main question to ask is, what do the citizens believe?” he said. “What is the overall concept of this? Is building stadiums a drain on the economic impact of the community or is it a positive, is it a plus? Investing in these events – is it a drain on the citizens, the taxation, or is it a good investment? Is it a good business decision or not?”
Despite numerous questions, Young is in favor of a unified sports commission and a state fund.
“I certainly believe and our commission believes it’s a great business decision to invest in these types of events but getting the Legislature, getting the citizens, to buy into this has always been a difficult task,” he said.
Steve Moore speculated about the uses of a potential state fund for event production.
“Is this (state fund) something you’d use for a national political convention?” he asked. “That’s a partisan event. Would you use that for it? Is there an answer to that? That’s not a sports commission issue, but it’s a mega-event issue.”
Tom Sadler raised the issue of the year-round responsibilities of the prospective commission.
“What does this commission do between bids and between executing these bids?”
Opinions and theories are abundant in the sports community, and the discussion is ongoing. The goal, though, is the same for all.
“When we have these national sporting events … they’re massive economic drivers and so it’s much more than just sports,” said Commissioner Forese. “This is a way to put Arizona’s best foot forward, and also it’s a way to have people come and take a look at Arizona and consider moving here or moving their business here.”
LifeLock, Inc. launched its inaugural day of volunteerism, where, as part of their regular work schedule, employees leave their desks, roll up their sleeves and give back to local communities in a day of service. All of LifeLock’s 675+ employees are invited to join the event, called “Do-Gooder Day,” across office locations in Tempe, San Diego and Mountain View, Calif.
“We’re proud to be putting our values into action during this day of service on the tenth anniversary of our company. It’s one of the many ways we’re invested in our local communities and contributing our expertise where there is a need for a helping hand,” said Todd Davis, chief executive officer of LifeLock.
The company’s social responsibility mission is to help keep families safer in an always-connected world. In addition to providing services that help members gain some peace of mind, LifeLock is also focused on volunteerism and giving back to communities in ways that further its mission. With the first Do-Gooder Day, LifeLock is making tangible strides in key areas of focus, including providing education to help protect against identity broadly in local communities.
Highlights of the day include:
Sojourner Center: The Tempe based Center is one of the largest domestic violence shelters in the United States and is committed to transforming lives. Employees will sweep, mop, dust and organize the Donation Center and Education Center. They’ll also maintain vacant apartments.
Second Harvest Food Bank: With its Cypress Center in San Jose, Second Harvest is a trusted leader dedicated to ending local hunger, providing food to nearly a quarter million people ever month. Volunteers will sort food at the food bank’s warehouse.
Boys and Girls Club San Diego: The San Diego chapter of the Boys & Girls Club provides children’s programs that drive academic success, character development and healthy lifestyle programs. Volunteers will be assisting staff, helping out with transportation and cleaning facilities.
“Volunteerism and giving back has been an integral part of our company from its inception. I can’t think of a better way to celebrate a decade of being in business than dedicating a day of service to our nonprofit partners that give so much to the community,” said Hilary Schneider, president of LifeLock.
As part of the company’s commitment to help fight identity theft, LifeLock trains law enforcement, victim advocates and collaborates with a variety of non-profit organizations to help consumers establish positive habits to combat identity threats. For example, LifeLock partnered with the nonprofit FBI Law Enforcement Executive Development Association (FBI-LEEDA) to provide free training to law enforcement throughout the United States and has reached more than 11,000 law enforcement officers, representing more than 4,000 agencies in all 50 states. LifeLock also partnered with the nonprofit National Organization for Victim Assistance (NOVA) to provide training to victim advocates throughout the United States. LifeLock’s partnerships with non-profit organizations focus on parents of pre-teen children, foster children, and victims of domestic violence, who may be at higher risk of identity fraud. Since 2014, LifeLock has partnered with the National Parent Teacher Association to teach good digital citizenship and online safety habits for children.
1371 N. Alma School Rd.
9:00 a.m.-3:00 p.m.
Join Social Box for a family-fun day on Easter Sunday!
Social Box Neighborhood Eatery is offering an expanded brunch menu on Sunday, April 5 including ham and cheese omelets, biscuits and gravy, waffles, breakfast burritos with a choice of meat and a fruit bowl. They will also host an Easter egg hunt from 1 p.m.-3 p.m.
Bistro Du Lac
9:30 a.m.-3:00 p.m.
8320 North Hayden Rd., Suite D-101
Easter Buffet including: Salads, cheese platters, lamb with vegetables, fish stew and an array of other dishes and dessert options.
$18/PP++ children 6-12 Years old
Free for children under 5 years old
9 a.m.- 12:00 noon
9845 South Priest Dr. (Tempe)
1241 East Chandler Blvd. (Avondale)
Bottomless Mimosa and choice of frittata and side $22.50
Mimosa options include Fresh Orange Juice, Pear, Peach or Pomegranate
Mimosa special alone: $13.50
Complete menu online
11 a.m.- 4p.m.
2534 N. Scottsdale Rd. (Scottsdale)
14795 N. Northsight Blvd. (Scottsdale)
3 Course Easter Special, includes mimosa or Bloody Mary
(Regular menu available)
Course 1: Pork Pozole
Course 2: Chilaquiles with roasted tomato sauce, chicken topped with an egg. Served with rice and beans.
Course 3: Bailey’s or Kahlua Flan
$5 split charge will include 2 cups of pozole
5200 E Camelback Rd.
Easter Brunch Menu at T. Cook’s
Prix-fixe menu with your choice of three courses including Frittata, Eggs Benedict, Pink Grouper, Short Rib, French Toast, Arizona Wheat Berry Salad, Carrot Cake, Passion fruit Peeps, Raspberry Frangipane and more.
$75 per person, $25 for children under 12 years old. Does not include tax or gratuity.
18 percent gratuity will be added to parties of six or more; loyalty discount and/or promotions will not be offered.
Reservations are required.
Easter Holiday Buffet
Specialty Holiday Buffet with carving stations will include Herb Crusted NY Strip, Leg of Lamb, Loch Duart Salmon, Chilled Poached Shrimp, Oysters and Crab Claws, Waffle Station, Chocolate Sea Salt Parfait, Banana Coconut Trifles and more.
$65 per person, $20 for children ages 6-12 years old, gratis 5 years or younger. Does not include tax or gratuity.
20 percent will be added to parties of six or more.
Adults – $60 / pp Includes choice of Bellini/Mimosa/Bloody Mary
Kids (UNDER 12) – $28
Freddo: cold displayed
Colazione :croissants and assorted breakfast breads with butter and preserves
Salmone Affumicato: hot smoked salmon with mini bagels and traditional accompaniments
Insalata di Caprese: fresh cilengine mozzarella, heirloom cherry tomatoes, basil, olive oil and saba
Uova: devilled eggs with truffle mustard, chives, and candied pancetta
Insalata: baby romaine hearts, endive, red radicchio, red onion, cucumbers, and lemon herb dressing
Salumi e Formaggi: assorted artisanal salumi and cheeses
Fruta: assorted fresh berries and fruits
Dolci: assorted mini sweet pastries and tarts
Caldo hot entrée
French Toast: cinnamon brioche with maple syrup and berries
Colazione Salssicia: southwest pork sausages
Pancetta: lightly smoked apple wood bacon
Uova: “cooked to order” eggs and omelets with selection of fresh ingredients
Carne: roasted striploin carving with shallot-mushroom and barolo demi glace
Pesce: baked sole “piccata” with lemon-caper butter sauce
Tartina di Patate: baked “scalloped potatoes” with roasted garlic and parmesan
Vegetale : assorted grilled vegetable platter with fresh herbs
10:00 a.m. – 3:00 p.m.
10637 N Tatum Blvd. Suite 101 B
$49.00 Per Guest, plus tax & gratuity
Starters, choice of one
House smoked salmon and dill blini
Lemon crème fraiche, tomatoes, cucumbers, red onions and frisee
Warm strawberry and mascarpone crepe
Cinnamon whipped cream and spring berry sauce
Spring tomato red pepper bisque
Goat cheese crema
Baby field greens and amish blue cheese fritters
Toasted macadamia nuts, grilled peaches and blackberry balsamic vinaigrette
“RAK” Caesar salad with roasted corn relish
Creamy garlic dressing, cilantro pesto and foccacia croutons
Chili seared ahi tuna
Cranberry bean salad, black olives, basil, breakfast radish
Main Courses, choice of one
Easter quiche with roasted chicken, grilled vegetables and aged pecorino
Organic spinach, asparagus and mild red chili sauce
Steak and eggs
Poached eggs on focaccia with wood grilled beef tenderloin
Sweet potato hash and tarragon emulsion
Gulf shrimp and blue crab Benedict
Crisp bacon on focaccia
Apple glazed pork tenderloin
Green chili mac n cheese, agave glazed carrots
Pecan wood grilled leg of lamb with goat cheese polenta
Organic carrots, swiss chard and tarragon jus
Grilled sea bass with sonoran paella
linguica, grilled vegetables, roasted chicken, gulf shrimp and lobster butter sauce
grilled beef tenderloin with wilted organic spinach
spaghetti squash and blue cheese dumplings
Desserts, choice of one
Butterscotch budino with salted carmel sauce
Peppered cream and molasses cookie
Madagascar vanilla bean and ginger crème brûlée
Grilled peach and dark chocolate empanada
Blackberry sauce and caramel ice cream
3831 North Scottsdale Rd.
Champagne Cocktails $8
Local Orange Juice Mimosa
Fresh Berry Bellini
Henriot Champagne $25
Roasted Ham $24
Green Chile & AZ Dairy Jack Potatoes Au Gratin – Braised Swiss Chard
Whole Grain Mustard & Horseradish Ham Jus
Roasted Niman Ranch Prime Rib $32
Mashed Potatoes – Creamy Horse Radish – Seasonal Veggies – Au Jus
French Toast $14
Carrot Cake French Toast – Cream Cheese Glaze – Pure Maple – Bacon
Roasted Onion & Mushroom – Grana Padana – Arugula – Beer Mustard Vinaigrette – Pony Home Fries
Organ Stop Pizza
11:30 a.m. to 1:00 p.m. (Doors open at 11:15, show starts at 11:45)
1149 E Southern Ave
480-813-5700 ext. 945
ALL YOU CAN EAT PIZZA and Salad, plus unlimited Soft Drinks.
Adult Admission: $12 (includes tax)
Children 9 and under: $10 (includes tax)
Alcoholic beverages and ice cream available for additional charge
Tickets are available online at organstoppizza.com or you can purchase them in the restaurant gift shop. Advance ticket purchase is REQUIRED, this event SOLD OUT last year!
Papago Park Center, Inc. announced today that Lincoln Property Company (LPC) has been selected to develop the first phase of Class A and mixed-use office space for The Grand at Papago Park Center. The total project is a 60-acre, high-profile, urban mixed-use property on the last developable parcel within the 350-acre Papago Park Center.
The Grand project will serve as the final phase of one of the largest business parks in Arizona. Papago Park Center, Inc., The Grand project’s master developer, selected LPC after an extensive RFP process that included local, regional and national development candidates.
The Grand at Papago Park Center is located along the Loop 202/Red Mountain Freeway between Priest Road and Center Parkway, and is named after the adjacent Grand Canal. The Grand Canal is a waterway developed in the 1870s to bring water from the Salt and Verde rivers to Metropolitan Phoenix. It was recently relocated to run through The Grand project, creating a water feature for the development. The completion of the canal relocation project will be celebrated with an upcoming event in March.
The Grand is part of Papago Park Center, home to the corporate offices of Salt River Project (SRP) as well as First Solar, Wells Fargo Home Mortgage, DHL, Union Bank, Sonora Quest Labs, State Farm Insurance, Western Refining and Parsons Brinckerhoff. At build-out, The Grand will total more than 3.2 million square feet of mixed-use office, multifamily, hotel, retail and restaurant space, including up to six 10-story, Class A office buildings surrounding a central water feature. When combined with Papago Park Center’s existing 3.3 million square feet of mixed-use projects, there will be more than 6.5 million square feet of urban development and approximately 20,000 employees and residents. More about The Grand at Papago Park Center is available at the project’s website: www.thegrandatpapagoparkcenter.com.
Tempe Mayor Mark Mitchell said development of The Grand at Papago Park Center further adds to the positive momentum of Tempe’s economy. “This is a boon to Tempe. The Grand will have impressive spaces rivaled by few in the region,” he said. “I am excited the site will feature pedestrian and bike paths connected to Tempe Town Lake that will be enjoyed by employees and the public.”
LPC is rolling out plans this month for its first office buildings. At build-out, The Grand will have a total of 1.8 million square feet of Class A space in six buildings. Construction on three parking garages will coincide with the buildings’ development.
“Being selected for this project evokes a sense of history, partnership and environmental stewardship,” said Lincoln Property Company’s Executive Vice President David Krumwiede. “We are extremely excited to work with Papago Park Center and to have the opportunity to pay tribute to the historic Grand Canal as the focal point of the development. We also recognize the all-time high demand for Tempe’s live-work-play environment, and believe now is an ideal time to build something very unique and lasting.”
The Grand is being developed through Planned Area Development (PAD) zoning and offers superior visibility, with approximately one-half mile of freeway frontage and two freeway off-ramps on Loop 202, just across from Tempe Town Lake. With two light rail stops serving the property, the site serves as the first stop on the light rail or by car coming out of Phoenix Sky Harbor International Airport and has almost immediate access to Arizona State University and the Loop 202 Freeway. It is also minutes from Interstate 10, the Loop 101 and the 51 Freeway, offering easy access to all major Valley thoroughfares as well as executive and employee housing in Paradise Valley, Scottsdale, Tempe, Chandler and Phoenix.
The project will include pedestrian-friendly multi-use paths along the Grand Canal and throughout the campus. Other nearby amenities include Papago Park, Papago Golf Course, Phoenix Zoo, Desert Botanical Garden, Tempe Town Lake, Arizona State University, Phoenix Municipal Stadium and the restaurants, shopping and entertainment within downtown Tempe’s Mill Avenue District.
“The Grand signifies the innovation and importance of the Grand Canal and the natural history of Papago Park,” said Nina Mullins, Senior Director of Papago Park Center, Inc. “It exemplifies the need to both further advance the economic vitality of our Valley and to protect the resources that sustain our more than 4 million residents.”
Jerry Roberts, Corey Hawley and Patrick Boyle with CBRE will lead the marketing and leasing efforts for The Grand’s office development. HKS Architects/Kendle Design Collaborative both serve as the office project architects and JEDunn will serve as the general contractor.
End-to-end revenue generation and sales solution provider,Revana, a TeleTech company, today announced that the company will be hosting job fairs in Tempe, Arizona in order to fill over 250 openings. Revana is looking for qualified candidates to fill managerial, business-to-business inbound and outbound customer service and sales representative positions.
These positions are great for students majoring in business, marketing or communications, as they involve working with Fortune 100 companies. Revana offers competitive wages, extensive training, full-time benefit packages, tuition assistance and a tuition reimbursement program.
TEMPE HIRING EVENTS:
WHEN: Wednesday, March 11 and 18, 9 a.m. to 3 p.m.; Saturday, March 7 and 21, 8 a.m. to 12 p.m.
As a recognized leader in technology-enabled revenue generation solutions for over 20 years, Revana helps top brands navigate and profit from change. Utilizing the latest technology and best practices, Revana provides integrated sales and marketing solutions for digital demand generation, lead nurturing and qualification, acquisition sales, growth and retention, sales advisory services, sales and marketing analytics.
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.
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.
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 email@example.com.
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.
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.
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.
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.
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.
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.
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.
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.
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.”
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.
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.