From the time CityNorth was conceived, the Thomas J. Klutznick Co. was the outfit behind it. But now, as the first phase of development takes shape, the Klutznick Co. has taken a back seat. Driving the project now is Related Urban Development, a
Gold’s popularity over the centuries has endured wars, plagues, civil unrest and all sorts of other perils. But would gold prices hold up well in a prolonged deflationary spell? For the first time in several decades, we’re starting to find out. more…
Nordstrom has pulled out of the CityNorth project, leaving the next phase of development at the new northeast Phoenix center up in the air. more…
(RTTNews) - U.S. bank regulators said Thursday that about half of the country’s biggest financial institutions need to improve their capital positions in order to ensure that they can weather a further downturn in the economy. more…
New programs, backed by federal funds, now are available to help people buy foreclosure homes across metropolitan
A group of West
Northeast Phoenix’s first planned unit development is on its way to full approval now that the Paradise Valley Village Planning Committee has signed off on it. The development, a single lot at
Scottsdale-based Paddock Pools, with nearly $12 million in new financing, is in a strong operating position and may expand by acquiring struggling competitors, Chief Executive Jim Cich said. more…
Plans for a 1,350-home development in north Fountain Hills made headway after the Arizona Supreme Court turned down a court case, ending a yearlong dispute against the project. more…