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  • BAE Systems spies future opportunities with Typhoon jets but flat forecast disappoints
    
  • Amey buys Carillion rail contracts, saving 700 jobs
    
  • Moneysupermarket shares plunge as investors told not to expect growth 
    
  • Kaz Minerals edges closer to long-awaited dividend on surging profits
    

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The Jet, a high-rise complex with 675 apartments, could land in downtown Phoenix soon. As planned, the $200 million project would include 36- and 23-story towers on Second Avenue between Fillmore and Van Buren streets. The 360-foot tower would be among the tallest buildings downtown. The Jet is one of two major apartment developments slated for downtown. The other is Alta Phoenix Lofts, a smaller complex with 332 apartments under construction near the southeastern corner of Fillmore and Third streets. Residents could move in as early as summer 2008. Both projects, close to light rail, are part of a regional apartment-building frenzy fueled by a glut of condo projects, rising rents and a demand for apartments, a real estate expert says.  More…

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