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The reserve of 18,000 hotel rooms and a calendar that has the FBR Open overlapping Super Bowl XLII will make it difficult, though not impossible, to get a room for that February weekend. Super Bowl XLII will be held Feb. 3, 2008, at the University of Phoenix Stadium in Glendale. The FBR Open, a popular stop on the PGA Tour, will be played at the Tournament Players Club in Scottsdale from Jan. 28 through Feb. 3. These two high-profile events will bring thousands of visitors to the Valley.  More…

Opus West Corp. executives are accusing the Arcadia Camelback Mountain Neighborhood Association of trying to stymie development efforts at the southeast corner of 44th Street and Camelback Road. Despite heated opposition to Opus West’s planned mixed-use condo project, JPMorgan Chase & Co., which owns the land in question, is legally bound to sell 1.4 of its 5 acres at the site to Opus. The parties entered into escrow on the land in December 2006.  More…

The Earnhardt Ford and Mazda dealership southwest of Baseline and Rural roads in Tempe is moving to west Chandler, leaving 20 valuable acres up for grabs. The Earnhardt company’s Chrysler-Jeep-Suzuki store next door is not moving.  More…

The housing market continues to slow in metropolitan Phoenix, but the area still ranks third in the nation for home building. According to the National Association of Home Builders, Phoenix ranks behind only Atlanta and Houston for the number of single-family home permits issued this year. The Valley’s high spot in the home-building ranks comes even as housing permits fell 22 percent this year from 2006’s pace, according to RL Brown’s most recent issue of the Phoenix Housing Market Letter.  More…

Pinal County is taking a big breath. Coming down from two years of dizzying growth that poured 100,000 new people into the county’s borders, Pinal now finds itself trying to get a grip on development before the next tidal wave of growth strikes. County leaders, planners and officials in cities and towns throughout Pinal are capitalizing on a cooling housing market to ask themselves some important questions: Where are we? How did we get here? And most importantly, where are we going?  More…

Gilbert’s business community is continuing its explosive growth. Projects large and small are bringing stores, offices, health care facilities and more to the community. Existing businesses are expanding.  More…

General Motors Corp. will continue to test its vehicles in the Arizona desert, keeping alive a 70-year relationship between the automaker and the state. General Motors’ decision Thursday to relocate its desert automotive proving grounds to Yuma also keeps alive an important source of Arizona jobs and economic stimulation. The automaker had considered locations in California and Mexico.  More…

Amazon.com Inc. plans to turn a huge distribution building in southwest Phoenix into a processingcenter for online orders, a move that could potentially create 1,000 jobs and bolster the Valley’s growing presence as a distribution center hub. An Amazon.com spokesperson would not confirm that the Seattle-based company is locating here, but the company that owns the building said the online retailer has signed a lease for the property, located at the southwestern corner of Buckeye Road and 67th Avenue.  More…

Twenty years ago, Dr. Victor Trastek was a thoracic surgeon at Mayo Clinic in Rochester, the 800-physician health care behemoth that to some is synonymous with personalized care. Back then, busy Minnesota staffers such as Trastek were only marginally aware that a “baby” Mayo had sprung up in Scottsdale on June 29, 1987. It was 20 years ago today, as the Beatles say.  More…

NORTH PHOENIX - A new museum has its sights on a piece of land in the Desert Ridge area. The fledgling Museum of the Musical Instrument is considering a location southwest of the intersection of Mayo and Tatum boulevards. The land is owned by Life Care Services, which plans to build a retirement community called Sagewood on its 104-acre site.  More…

It’s almost becoming a little bit of ho-hum news around Gilbert. The town once recognized as the Hay Capital of the World has been named the fifth-fastest-growing municipality in America. New population estimates from the U.S. Census Bureau released today show Gilbert added 13,860 people between 2005 and 2006, beefing up its total population to 191,500 people. Gilbert wasn’t the only Arizona municipality on the list: Phoenix cemented its standing as the fifth-largest city in the nation and topped the 1.5 million mark; and Mesa is closing in on 450,000.  More…

CB Richard Ellis’ Phoenix office has negotiated the recent sales of Valley apartment complexes Augusta Ranch and Saratoga Ridge. Augusta Ranch Venture LLC, an affiliate of the Prime Group Inc. in Chicago and Gibralt Capital Corp. in Vancouver, sold August Ranch in Mesa for $31.7 million.  More…

With an opening date set for Oct. 26 four months away, construction at the SanTan Village regional shopping center is nearing the home stretch. Sheila Hunter, senior property manager of mall developer Westcor, said six tenant spaces are under construction, and 30 spaces are expected to begin in July. Hunter said that the Gordon Biersch Brewery Restaurant is the first tenant under construction.  More…

So we were cruising along Arizona 85 south of Buckeye on our way to San Diego recently when a sign along the highway caused us to do a double take. It was an advertisement for lakefront wakeboard and water ski properties.  More…

NEW YORK - Some on Wall Street want to blame the little guy for the latest hedge-fund mess. People with shoddy credit histories couldn’t pay their mortgages, so that pushed some funds to the brink of collapse and sent shock waves through financial markets. Looking at things that way shifts blame away from the Wall Street firms and banks that had a hand in many aspects of the subprime mortgage mess but aren’t taking responsibility for their role in creating it.  More…

Glendale officials, in the final stretch, hope to knock home deals to make spring training with the Los Angeles Dodgers and Chicago White Sox a reality. The City Council tonight, in its last meeting before summer recess, is expected to finalize details to open an $80.7 million spring-training site in 2009. Dodgers owner Frank McCourt, who is in town as the Dodgers play the Diamondbacks, is expected to attend tonight’s council meeting. The agreements include a tax-revenue sharing plan with Phoenix because the ballpark is planned on 151 acres of Glendale-owned land in Phoenix at 107th Avenue and Camelback Road.  More…

A loophole in a proposed law would allow Peoria to offer tax rebates to retail developers while other Valley cities would be punished for doing so. Peoria could have a significant advantage in enticing retailers into its borders as the West Valley continues grow.  More…

A study completed by the Surprise Economic Development Department says that the city is underserved in 11 key retail categories, and that the absence of stores suggests there is a retail opportunity gap of more than $775 million each year. The study was completed using estimates based on 2006 demographics, as well as retail information from the database service Claritas and from the city.  More…