Economic Development Newshttps://www.investinphoenix.com/newsEconomic Development News<div class="ExternalClass0D1A7AE5BAF34B278987EABE25D7716F"> <h1> See What's Happening in Phoenix<br></h1><p class="_text-body">The newsroom gives you information on Phoenix-focused news and exciting developments. Find story's about our growing population, new projects throughout the city, and learn about the latest rankings Phoenix is topping. Explore new and old stories about Phoenix and our community.<br></p></div>/images/NewsroomBanner.jpgnewsEconomic Development NewsHome Pagenews

 

 

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Forging The Future: International Executives to Gather in Arizona for Phoenix Global Forumhttps://www.investinphoenix.com/news/21Forging The Future: International Executives to Gather in Arizona for Phoenix Global Forum<div class="ExternalClass5FC27A30E1804924B38D387223FCD8DB"><p></p><p></p><p style="text-align:left;"><em>Inaugural edition of the PGF will convene decision makers and leading experts to discuss the future of sectors including aerospace, biotech, manufacturing and sustainability. </em></p><p style="text-align:left;"><b><br>PHOENIX, April 18, 2024 </b>– The inaugural edition of the <a href="https://www.phoenixglobalforum.com/">Phoenix Global Forum</a> (PGF) is set to convene more than 350 high-profile CEOs and industry experts at the Arizona Biltmore Hotel in Phoenix, Arizona, on May 2. The conference will act as a platform where decision makers and thought leaders come together to discuss society's evolving needs amidst ongoing global challenges, all held under the theme of 'Forging the Future'.<br></p><p>PGF is hosted by <a href="https://www.phoenixsistercities.org/">Phoenix Sister Cities</a> , a citizen diplomacy nonprofit organization, and the <a href="https://forum-americas.org/">International Economic Forum of the Americas (IEFA)</a><span lang="EN-CA">,</span><span lang="EN-CA"> </span>which organizes economic conferences across the globe including the Toronto Global Forum, World Strategic Forum and the Conference of Paris.</p><p>“Phoenix was an obvious choice for the IEFA. There are few other cities worldwide experiencing such incredible growth, especially when it comes to critical sectors like bioscience, semiconductor technology, sustainability and aerospace," said Nicholas Rémillard, CEO of the IEFA. “We are delighted to co-host an event like this which creates a space for this burgeoning ecosystem of entrepreneurs and experts to connect, while encouraging future innovation and collaboration on a global scale."</p><p>The program will address topics including the future of manufacturing and mobility, as well as advancements in biotech and aerospace. Speakers at this year's event will provide valuable insights for organizations and industries seeking to stay ahead of the curve in a rapidly evolving economic landscape.</p><p>A <a href="https://www.phoenixglobalforum.com/#/speakers?lang=en">preliminary list of speakers</a> is available online and includes:</p><ul><li><strong>Jason Child</strong>, Executive Vice President and Chief Financial Officer, Arm</li><li><strong>Kate Gallego</strong>, Mayor of the City of Phoenix</li><li><strong>Laurent Germain</strong>, CEO, Egis</li><li><strong>Barbara Humpton</strong>, President and Chief Executive Officer, Siemens Corporation</li><li><strong>Reta Jo Lewis</strong>, President and Chair of the Board of Directors, Export-Import Bank of the United States</li><li><strong>William Maloney</strong>, Chief Economist, Latin America and Caribbean, The World Bank</li><li><strong>Judy Marks</strong>, Chair, CEO and President, Otis Worldwide Corporation</li><li><strong>Dorothy McAuliffe</strong>, Special Representative for Global Partnerships, U.S. Department of State</li><li><strong>Sonia Phares</strong>, Vice President IGNITE, Lockheed Martin Space</li><li><strong>Brian Tobin, </strong>Vice Chair, BMO Financial Group</li></ul><p>Additional speakers will be announced in the coming days.</p><p>“I am thrilled that Phoenix is joining the distinguished lineup of cities in the IEFA family. As the fastest growing big city in America, Phoenix is witnessing a new era of investment and economic growth, and I am looking forward to building an even stronger future for our city by seizing the opportunities for partnerships and collaboration that the Phoenix Global Forum presents," said Mayor Gallego.  </p><p>Those attending in-person at the Arizona Biltmore Hotel will have opportunities to network with speakers, partners, and other attendees throughout the conference. The conference will also be livestreamed on <a href="http://www.iefa.tv/">www.IEFA.tv</a> from 08:30-18:30 local time (MST).<br><br></p><p><strong>Further Information and Media Accreditation</strong></p><p>To apply for media accreditation, please <a href="https://www.phoenixglobalforum.com/#/media?lang=en">fill out the form here</a>.</p><p>For more information about the Phoenix Global Forum or to arrange an interview with a conference speaker, please contact Athena Sanchez on <a href="mailto:athena.sanchez@phoenix.gov">athena.sanchez@phoenix.gov</a>.</p><p>For the program and list of confirmed speakers, please visit <a href="http://www.phoenixglobalforum.com/">www.phoenixglobalforum.com</a>.</p><p><br><strong>About The IEFA</strong><br>The International Economic Forum of the Americas (IEFA) was created in 1994 to encourage connection, collaboration and innovation in order to address the world's major challenges. The organization leverages its extensive network to convene a series of annual events across the globe where heads of state and government, business leaders, academics and leading experts can meet and discuss their common objectives and ways to achieve them.<br></p><p>The IEFA hosts multiple standalone events as well as six annual conferences: the Conference of Montreal; Toronto Global Forum; World Strategic Forum (held in Miami, Florida); the Conference of Paris; the IEFA LatAm Forum (held in Buenos Aires, Argentina); and Phoenix Global Forum (held in Arizona, USA).</p><p><strong>About Phoenix Sister Cities</strong><br>For 50 years, Phoenix Sister Cities has fostered relationships between the residents of Phoenix and our eleven sister cities around the world to promote friendship, peace and prosperity.<br><br></p><p><strong>Media Contact:</strong><br>Athena Sanchez, Interim Communications Manager<br><a href="mailto:athena.sanchez@phoenix.gov/">athena.sanchez@phoenix.gov/</a> +1 602 621 0507​​<br></p></div>IEFA in partnership with Phoenix Sister Cities presents the Phoenix Global Forum https://www.investinphoenix.com/Lists/News/Attachments/21/Greenrope Graphic 2083x672.png4/30/2024 5:29:38 PM
National Institute for Innovation and Technology Hosts Arizona Semiconductor Panel Discussion, Awards City of Phoenix for Semiconductor Workforce Development Effortshttps://www.investinphoenix.com/news/20National Institute for Innovation and Technology Hosts Arizona Semiconductor Panel Discussion, Awards City of Phoenix for Semiconductor Workforce Development Efforts<div class="ExternalClass060000C98F3F4DDBB98DBB3B92080F59"><p>​Today the <a href="https://www.niit.org/">National Institute for Innovation and Technology</a>—the nation's leader in the semiconductor talent pipeline development and U.S. Department of Labor (USDOL) national Intermediary responsible for establishing and expanding Registered Apprenticeships (RAs) throughout semiconductor and nanotechnology-related industry supply chains—awarded the City of Phoenix for their work in semiconductor manufacturing talent pipeline development.<br></p><p>Presented during the "Arizona's Semiconductor Surge: Building Talent and Capitalizing on Opportunities" live panel discussion in Phoenix, the Institute highlighted the work the city has done to become the first municipality in the nation to serve as a Registered Apprenticeship Program (RAP) group sponsor for the semiconductor industry.  <a href="https://www.whitehouse.gov/briefing-room/statements-releases/2024/01/25/fact-sheet-biden-harris-administration-holds-workforce-hub-convening-in-phoenix-announces-commitments-to-support-talent-pipelines-into-good-jobs-in-semiconductor-manufacturing/">On January 11, 2024</a>, the City of Phoenix and TSMC announced the first semiconductor RAP in the state of Arizona.</p><p>The panel discussion featuring industry experts from TSMC Arizona and NXP Semiconductors, workforce training experts from Maricopa County Community College, and a semiconductor supply chain expert delved into the challenges and solutions surrounding workforce readiness in the semiconductor sector. The public private partnership, efforts to establish RAPs, and the value of providing related “learn and earn" opportunities for both individuals and employers were central to the conversation.</p><p>Phoenix Mayor Kate Gallego, upon receiving the award, expressed, "This recognition further cements Phoenix as a leader in workforce readiness dedicated to meeting the demands of a booming local semiconductor industry. As we pioneer this apprenticeship with TSMC Arizona, we are laying down the foundation for a thriving economy powered by skilled semiconductor professionals."</p><p>The City of Phoenix, Maricopa County Community Colleges, and the Arizona Department of Economic Security (DES) Apprenticeship Office, along with the Institute, worked together to identify the industry needs and align the program goals to develop the framework for the apprenticeship program. The Phoenix Business Workforce Development Board is the first Board in the state to be a sponsor a registered apprenticeship program.</p><p>“We have seen time and time again the importance of developing our local talent into our future workforce. The advanced manufacturing apprentice program is just one of the many ways our tremendous team works together at all levels to engage with adult learners and provide resources and opportunities for them to excel in advanced manufacturing careers," said Phoenix Community and Economic Development Director Christine Mackay.</p><p>“Registered Apprenticeships are an avenue for us as a city and beyond, to expand opportunities for individuals in high-growth, quality careers. We are grateful to have the Institute and TSMC Arizona working together with us to make this program a reality," said LaSetta Hogans, Deputy Economic Development Director for the City of Phoenix.</p><p>Mike Russo, President and CEO of NIIT, emphasized the importance of the work the City of Phoenix and all involved in the collaboration, stating, "It has been a pleasure working with all of those involved in establishing the state's first semiconductor Registered Apprenticeship Program. The collaborative effort by this team was in full display today where the conversations were not just about filling jobs. They were about building a sustainable, scalable model to provide greater opportunities for individuals to help secure America's technological future.<br></p><p><strong><br></strong></p><p><strong>​​Media Contact:</strong><br>Athena Sanchez, Interim Communications Manager<br><a href="mailto:athena.sanchez@phoenix.gov/">athena.sanchez@phoenix.gov/</a> +1 602 621 0507​​​<br></p></div>City of Phoenix staff and Mayor Kate Gallego showcasing trophy from National Institute for Innovation and Technologyhttps://www.investinphoenix.com/Lists/News/Attachments/20/AZAccelerator2024.jpg2/26/2024 3:54:33 PM
Phoenix Announces Financial Assistance Program to Address Vacant Storefronts and Improve Public Infrastructurehttps://www.investinphoenix.com/news/19Phoenix Announces Financial Assistance Program to Address Vacant Storefronts and Improve Public Infrastructure<div class="ExternalClassFDAF6DB9EAB2409891AA2974A8310DFD"><p>​The City of Phoenix provides financial grant assistance to retail and commercial properties to improve public infrastructure to support the recovery and occupancy of vacant retail properties. The Vacant Storefront Improvement Assistance Program provides struggling retail building owners the opportunity to remain competitive while revitalizing and beautifying the surrounding area. Buildings that qualify are those public infrastructure improvements that delay or prevent the development and occupancy of an existing building and overall site.<br></p><p>Examples of potential public infrastructure improvements include:</p><p></p><ul><li><p>Sidewalk/street installation and/or repairs</p></li><li><p>Street/traffic lights</p></li><li><p>Place making signage</p></li><li><p>Landscape enhancements/improvements in the right-of-way</p></li><li><p>Median installation</p></li><li><p>Bus shelter enhancements/improvements</p></li><li><p>Water/sewer line installation and/or extension</p></li><li><p>Public art installation</p></li></ul><p>Building owners may apply for up to $250,000 of financial assistance. The program is funded through the Coronavirus State and Local Fiscal Recovery Fund program (SLFRF) as authorized by the American Rescue Plan Act of 2021 (ARPA). Funds must be completely spent by December 31, 2024. </p><p></p><p>To see the full list of requirements, visit <a href="/grow-expand/state-local-programs/vacant-storefront">investinphoenix.com/vacant-storefront​</a></p><p>Applications may be submitted by email to <a href="mailto:vacantstorefront@phoenix.gov">vacantstorefront@phoenix.gov</a>. </p><p><br><strong>Media Contact: </strong></p><p>Athena Sanchez, Interim Communications Manager</p><p><a href="mailto:athena.sanchez@phoenix.gov/">athena.sanchez@phoenix.gov</a></p><p>Call/text: 602-621-0507</p><p><strong>Program Contacts:</strong></p><p>Karla Scott, Program Manager<br>Call: 602-534-7511 </p><p>Abby Garcia, Project Manager <br>Call: 602-261-8013 <br></p></div>vacant commercial buildinghttps://www.investinphoenix.com/Lists/News/Attachments/19/AdobeStock_215923431.jpg2/8/2024 10:27:17 PM
Phoenix Named "Invest in America" Talent Hubhttps://www.investinphoenix.com/news/18Phoenix Named "Invest in America" Talent Hub<div class="ExternalClassA46FEA511F694543903CCF1DDF8C7670"><p>The City of Phoenix celebrated The White House designation of Phoenix as one of five “<a href="https://www.whitehouse.gov/briefing-room/statements-releases/2023/05/16/fact-sheet-biden-harris-administration-announces-strategies-to-train-and-connect-american-workers-to-jobs-created-by-the-presidents-investing-in-america-agenda/" target="_blank">Invest in America</a>" Workforce Hubs in the country. Phoenix welcomed Senior Biden-Harris Administration officials, academic experts, labor representatives, and TSMC, NXP Semiconductors, Spirit Electronics, and Intel Corporation leadership, announcing multiple initiatives to cultivate the next generation of semiconductor industry talent. In addition to significant funding contributions, the City of Phoenix's workforce board sponsors the first-ever Registered Apprenticeship program in the advanced manufacturing industry.</p><p>“The new Phoenix-led Semiconductor Registered Apprenticeship Program is a remarkable achievement for the City of Phoenix and welcome addition to help bolster the Phoenix Business and Workforce Development Board's ongoing efforts to advance the manufacturing sector.  Thank you to Mayor Gallego for making workforce development a key cornerstone of her community and economic development strategy and for creating the conditions for this wonderful opportunity," said Sam Wolo, Chair, Phoenix Business and Workforce Development Board.<strong> </strong><strong> </strong> </p><p>Phoenix leads the way in advanced manufacturing and was selected due to the record level of private sector investments and talented workforce. To read the entire story, visit: <a href="https://www.whitehouse.gov/briefing-room/statements-releases/2024/01/25/fact-sheet-biden-harris-administration-holds-workforce-hub-convening-in-phoenix-announces-commitments-to-support-talent-pipelines-into-good-jobs-in-semiconductor-manufacturing/" target="_blank">https://www.whitehouse.gov/briefing-room/statements-releases/2024/01/25/fact-sheet-biden-harris-administration-holds-workforce-hub-convening-in-phoenix-announces-commitments-to-support-talent-pipelines-into-good-jobs-in-semiconductor-manufacturing/</a><br></p><p><br></p><p><strong>Media Contact:</strong><br>Athena Sanchez, Interim Communications Manager<br><a href="mailto:athena.sanchez@phoenix.gov/">athena.sanchez@phoenix.gov/</a> +1 602 621 0507​​<br></p></div>announcement ceremonyhttps://www.investinphoenix.com/Lists/News/Attachments/18/IMG_5756.jpg1/29/2024 10:19:03 PM
Phoenix Community and Economic Development celebrates significant economic development milestones in 2023https://www.investinphoenix.com/news/17Phoenix Community and Economic Development celebrates significant economic development milestones in 2023<div class="ExternalClass18EFE8B29BE741BC82615AD071E61B56"><p>​Phoenix Community and Economic Development Department prioritized economic opportunity and fiscal health, leading the way in many sectors, such as manufacturing, advanced technology, and bioscience. The unemployment rate remained low while new job creation and workforce relocation to Phoenix continued. Phoenix assisted in the creation of 9,268 new jobs with an average annual salary of $75,300 and retention of 750 jobs. Additionally, $30.5 billion in total capital investment has been committed or underway.</p><p><strong>The following are notable accomplishments from January – December 2023:</strong></p><p>The department assisted 22 companies in establishing their home in Phoenix, creating 5,525 new jobs with a capital expenditure of nearly $29.3 billion and a total of 7.9 million square feet to be developed. TSMC's second fab, multiple food innovation companies, and four additional semiconductor suppliers, including MA-Tek, Organo, Hermes-Epitek and DNS Screen, chose Phoenix this past year.</p><p>As part of Phoenix's commitment​ to retaining and assisting businesses large and small, staff performed 740 business visits throughout the year. Thirty-nine companies demonstrated their strategies to expand in Phoenix within the next year, which will result in over $1 billion in capital investment, 3,743 new jobs and 750 jobs retained. A few of the Phoenix companies that have completed or have planned expansions include Modern Industries, Blue Origin, Yellow Bird, FreightVana, AF Industrial, and Shamrock.</p><p>Several areas in Phoenix are booming with growth. Central Phoenix saw significant growth with the residential projects, the Battery Lofts, The Derby, and Aspire Park Central, celebrating grand openings and bringing 776 units to the area. In other areas of Phoenix, the redevelopment of the MetroCenter Mall began, the first phase of the Paradise Valley Mall made significant progress and construction continued at Desert Ridge High Street. Additionally, Phoenix City Council approved a development agreement for Laveen Towne Center by Vestar, encompassing approximately 375,000 SF town center along the Loop 202 corridor.</p><p>ASML, a key semiconductor industry supplier, is expanding to Phoenix with two new facilities. The Customer Service Center, which supports TSMC and other local semiconductor manufacturers, is operational and has created 146 new jobs. A National Training Center is currently under construction near Phoenix Sky Harbor International Airport, and ASML anticipates hiring 50 more employees.   </p><p>The Workforce Innovation and Opportunity Act (WIOA) work-based learning programs are a vital component of workforce development, offering individuals a practical and effective way to gain the skills and experience necessary to succeed in their chosen careers. Every year, Phoenix works diligently to grow and develop the future workforce and upskill the current workforce. This year alone, the Phoenix Business and Workforce Development team supported over 80 companies with over 1,000 open positions through virtual and in-person hiring and recruiting events. Phoenix provided over $500,000 in work-based learning contracts supporting more than 900 persons in training and workforce development.</p><p>Phoenix continued leading the way in the bioscience and healthcare industry with a number of successes. SCHOTT MiniFab, a diagnostics and life sciences division of German-based SCHOTT, celebrated the grand opening of its first U.S. facility in the Cotton Center. ARENSIA Exploratory Medicine, a German-based clinical research organization, opened its first U.S. location. Novocure, a Swiss-based medical device company, opened its first western U.S. office in Midtown to be close to its collaborators, the Ivy Brain Tumor Center and Banner MD Anderson Cancer Center. The National Institute of Diabetes and Digestive and Kidney Diseases (NIDDK) announced that it is expanding its presence on the Phoenix Bioscience Core campus.</p><p>The year saw Phoenix's continued success and commitment to international relations and trade operations. The U.S. Foreign-Trade Zones Board released its Annual Report to Congress for Foreign-Trade Zone (FTZ) operations in 2022 and Phoenix FTZ 75 ranked #5 in merchandise received, up from #8 the previous year. FTZ 75 was #11 in exports, up from #18 the last year. Phoenix FTZ 75 was the only Arizona Zone to make the list, with more than $15 billion of merchandise received, more than $1 billion of exports, and more than 14,000 employees.</p><p>Under the leadership of Phoenix Sister Cities, the City welcomed delegations from Suwon, South Korea; Medellin, Colombia; the Global Federation of Chinese Business Women; and Calgary, Canada. Outbound delegations included Suwon, South Korea; Himeji, Japan; Taipei, Taiwan and Ennis, Ireland. The City celebrated the 45th anniversary of Phoenix's relationship with Himeji, Japan, and the 35th anniversary with Ennis, Ireland.</p><p>Championing to bridge the digital divide, Phoenix received a $700,000 Federal Communications Commission's (FCC) Affordable Connectivity Program (ACP) outreach grant. The grant funds are being used to educate residents about the program and assist them in completing applications to receive free or low-cost high-speed internet service. The City was the only municipal government in Arizona awarded the grant.</p><p>In the spring, the Phoenix City Council approved a new home for the 2023 USL Championship Phoenix Rising FC soccer team at 38th and Washington Streets, the former Greyhound Racing Park. Phoenix Rising quickly redeveloped the site into their new facility, including fields, offices, concessions, locker rooms, and other critical improvements driving economic success to the area.</p><p>Phoenix's steadfast focus on growing business, developing the workforce, and pursuit of economic success will not slow in 2024.​​<br></p><p><br></p><p><strong>Media Contact:</strong><br>Athena Sanchez, Interim Communications Manager<br><a href="mailto:athena.sanchez@phoenix.gov/">athena.sanchez@phoenix.gov/</a> +1 602 621 0507​​​<br></p></div>Downtown from south skylinehttps://www.investinphoenix.com/Lists/News/Attachments/17/Phoenix_Cityscape_Dusk (3).jpg12/29/2023 5:36:57 PM
22 Ways Phoenix Has Grown Since its Last World Serieshttps://www.investinphoenix.com/news/1622 Ways Phoenix Has Grown Since its Last World Series<div class="ExternalClassED6712A2138045CD92BC1CA187293183"><p>​The home of Super Bowl LVII, the 2024 NCAA Men's Final Four, and the WNBA All-Star Game is now proud to host the Fall Classic as Phoenicians watch their Arizona Diamondbacks continue their historic run to win a second World Series trophy. The City of Phoenix is proud to support its hometown team, while providing a safe, fun experience for those with tickets to the game or those wanting to enjoy the festive downtown atmosphere. </p><p>While the City of Phoenix is no stranger to hosting major events, it has been 22 years since the Diamondbacks won the 2001 World Series, and over the last two decades, Phoenix has exploded. Here are 22 ways Phoenix has grown in the last 22 years:  <br></p><p>1. In 2001, Phoenix was the 6th largest city in the country with approximately 1.3 million residents. In 2023, Phoenix has risen to 5th largest with 1.6 million calling the desert oasis home.  </p><p>2. Downtown Phoenix is where education, innovation, and opportunity converge to create an electrifying community! Since 2001, 12,110 residential units have been built downtown. An additional 3,897 units are currently under construction.  </p><p>3. With Arizona State University's addition of a Downtown campus,  more than 15,000 students are now attending classes Downtown, compared to zero in 2001.  </p><p>4. The population of downtown Phoenix has tripled since 2001.  </p><p>5. There are currently more than 230 bars and restaurants in downtown Phoenix. In 2001, there was well below 100.   </p><p>6. The City has seen a nearly 150 percent increase in businesses in downtown Phoenix since 2001 and nearly 80 percent are locally owned and operated.  </p><p>7. Several other downtown points of interest were built since 2001:  </p><p></p><ul><li>Arizona Financial Theater  </li><li>Japanese Friendship Garden  </li><li>Sandra Day O'Connor Federal Courthouse  </li><li>Arizona State University Downtown Campus/Thunderbird School of Global Management  </li><li>UA College of Medicine and Phoenix Bioscience Core  </li><li>Bioscience High School  </li><li>Sheraton Phoenix Downtown Hotel  </li><li>Westin/Freeport McMoRan  </li><li>Phoenix Children's Museum  </li><li>CityScape  </li><li>Block 23  </li><li>Valley Metro Light Rail   </li><li>Phoenix Convention Center (formally known as Civic Plaza)/ Symphony Hall – renovations took place in 2009 to connect the two facilities </li><li>Civic Space Park  </li><li>Hanny's was still an abandoned department store  </li></ul><p></p><p>8. Phoenix has worked hard to ensure the growth is sustainable. For example, In 2001, the City of Phoenix's annual water usage was about 111 billion gallons. Even with an increase to our service population, in 2022, the City reduced its annual water usage by about 12 billion gallons. We are using less water now, even with more DBacks fans here! Step up to the plate and help us save water for future generations. It's a team effort. Load the bases and apply for a water-efficient toilet incentive, a smart irrigation controller incentive, free xeriscape plans, or score a home run with all three! <a href="https://www.phoenix.gov/waterservicessite/Pages/Solutions.aspx" target="_blank">Learn more ways to become a water conservation champion</a>.</p><p>9. The Tres Rios Wetlands did not exist in 2001. Approval for the environmental restoration project was granted in 2000, with construction taking place from 2007 to 2012. Highly treated water from the nearby 91st Ave. Wastewater Treatment Plant flows through the seven-mile section along the Salt and Gila Rivers in southwestern Phoenix. This project, along with other partnerships, enables the City to recycle 97% of its treated wastewater. Learn more:<a href="https://www.phoenix.gov/waterservices/tresrios/wetlandsinfo" target="_blank"> Water Services History of Tres Rios</a> on phoenix.gov.   </p><p>10. Since 2001, Phoenix has strategically dedicated staff to priority focus areas of residents and the City Council by launching new offices without increasing the total number of city staff. These offices include the Office of Innovation, the Sustainability Office, Office of Heat Response and Mitigation, the Office of Environmental Programs, the Office of Homeless Solutions and the Office of Public Health. Phoenix is dedicated to creating a greener, more innovative and healthier future for residents.  </p><p>11. The city has been working towards a circular economy since 2001 by investing in waste diversion facilities. For instance, the city opened its second Material Recovery Facility (MRF) in 2006 and upgraded for $4.5 million in 2019. The facility currently processes over 120,000 tons of recycled material every year. The city's first MRF at 27th Avenue and Lower Buckeye Road is being rebuilt with $25 million of equipment to increase its efficiency and processing capabilities. It is expected to be up and running again by late 2024. Additionally, the city launched its first state-of-the-art 27th Avenue Compost Facility in 2017. This facility can process up to 55,000 tons of organic material. Learn more about <a href="https://www.phoenix.gov/publicworks/zero-waste" target="_blank">zero waste education</a> in Phoenix.  </p><p>12. Phoenix is also home to more than 41,000 acres of amazing desert parks and mountain preserves, with over 200 miles of trails, but not all of them were available to residents in 2001. For example, since the last World Series in Phoenix, Phoenix Parks and Recreation acquired and developed the 10,000 acres that makes up the Sonoran Preserve in north Phoenix. Remember to follow <a href="https://www.phoenix.gov/parks/trails">Take a Hike. Do it Right</a>. Hiking safety guidelines when enjoying our preserves.  </p><p>13. The last time the DBacks were in the World Series, this type of traffic signal didn't exist in Phoenix! The Street Transportation Department has built more than eight 5 <a href="https://www.phoenix.gov/streets/hawk" target="_blank">HAWK (High-Intensity Activated Crosswalk)</a> signals to help make it easier and safer for people walking to cross busy streets. Phoenix began installing HAWK signals in 2009 when they were approved by the Federal Highway Administration.  </p><p>14. Micromobility options are much more vast in Phoenix now than they were during the last World Series run. Residents and visitors today can rent e-scooters and e-bikes through the City's <a href="http://www.phoenix.gov/scooters" target="_blank">Shared Micromobility​ Program</a>. </p><p>15. Transportation options have also increased dramatically since 2001. During the last World Series in Arizona, baseball fans did not have a fast and convenient option to get to downtown Phoenix. Now, Valley Metro Light Rail has two stops (3rd Street and Jefferson and 3rd Street and Washington) are just a short walk away from Chase Field. And with 12 park-and-ride locations along the rail, passengers can easily park their car at one of these locations and ride straight to the game.</p><p>16. Light Rail connects to the PHX Sky Train® allowing those flying into Arizona, another option to get to downtown or their accommodations. In 2001, the PHX Sky Train® didn't yet exist! In 2023, the PHX Sky Train® operates between the 44th Street PHX Sky Train® Station, East Economy Lot, Terminal 4, Terminal 3, 24th Street PHX Sky Train® Station, and the Rental Car Center. </p><p>17. The PHX Sky Train® isn't the only thing new at Sky Harbor International Airport since the home team was in the World Series.</p><ul style="list-style-type:disc;"><li><p>In 2001, there were six concourses at Terminal 4. There are now eight.  </p></li><li><p>Terminal 3 is now modernized – a three-phase project that was completed in early 2020.  </p></li><li><p>2022 had approximately 25% more passengers than 2001! In 2001, 35,437,051, 2022 total passengers flew through Sky Harbor and last year, there were 44,397,854 total passengers.  </p></li><li><p>Even the Air Traffic Control Tower grew! In 2001, the tower was 181 feet tall and it is now 326 feet tall.  </p></li><li><p>Rental car companies were dispersed throughout the terminals in 2001; now, customers have a more seamless experience with rental car counters housed in a consolidated Rental Car Center west of the airport.  </p></li><li><p>Sky Harbor's Navigator Buddies, the dog teams of furry friends and their handlers to help de-stress passengers during travel, weren't around in 2001! In fact, the <a href="https://www.skyharbor.com/volunteer/" target="_blank">Navigator volunteer program</a> was in its infancy. It began in 2000.   </p></li></ul><p>18. In 2001, Phoenix voters approved the expansion of the Convention Center, which was then known as Phoenix Civic Plaza. The $600 million project, which consisted of two phases, tripled the size of the Center, making it one of the top 20 convention venues in the United States to date. The expansion added what is known now as North and West buildings and increased the facility's overall square footage from about 320,500 square feet to nearly 1 million square feet.</p><p>19. The Phoenix Fire Department has been committed to keeping our growing city safe throughout the decades – in 2001, firefighters worked from 48 fire stations across the city, and today, there are 59.</p><p>20. In 2001, Phoenix Public Library was a 13-location library system. Today, Phoenix Public Library has 17 locations. In 2001, Phoenix Public Library's website offered only basic, simple information about Phoenix Public Library services could be accessed through the website and most items checked out were physical books, CDs, and magazines. Today, <a href="http://phoenixpubliclibrary.org/" target="_blank">phoenixpubliclibrary.org</a> hosts almost 16.5 million visits a year and circulates approximately 9.4 million electronic items a year.</p><p>21. The City of Phoenix Planning and Development Department's Adaptive Reuse Program helps small businesses revitalize existing buildings to preserve their history. The program has helped several downtown Phoenix hotspots come to life that locals and visitors alike can enjoy during and beyond the World Series: </p><p></p><ul><li><a href="https://www.youtube.com/watch?v=SJZOsGT1Hyc">The Van Buren </a></li><li><a href="https://www.youtube.com/watch?v=RPk06IkHwxE">Superstition Meadery</a></li><li><a href="https://www.youtube.com/watch?v=E1yEB1vINVY">Greenwood Brewery</a></li><li><a href="https://www.youtube.com/watch?v=ZxQnPgm4GPo">Desoto Market</a></li><li><a href="https://www.youtube.com/watch?v=suHJKwdU88Q">The Newton</a></li><li><a href="https://www.youtube.com/watch?v=TpP0BujrW9o">Federal Pizza</a></li><li>Cobra Arcade</li><li>Cham Pang Lanes/ Ghost Donkey/ Palma</li><li>Taco Guild</li></ul><p></p><p>22. The City of Phoenix wasn't on social media in 2001!<a href="http://www.phoenix.gov/social" target="_blank"> Follow along with your favorite desert City @CityofPhoenixAZ.</a></p><p>Be part of this growing, vibrant city and join our team! Do work that makes Phoenix work. Learn more and apply at <a href="http://www.phoenix.gov/jobs" target="_blank">Phoenix.gov/Jobs</a>.<br></p></div>Chase Fieldhttps://www.investinphoenix.com/Lists/News/Attachments/16/ChaseField-Newsroom.jpg11/3/2023 4:22:39 PM
Economic Impact of Super Bowl LVII Sets a Recordhttps://www.investinphoenix.com/news/15Economic Impact of Super Bowl LVII Sets a Record<div class="ExternalClassA0A0B5203C454A96A554D831C2BE60B3"><p>The Arizona Super Bowl Host Committee and state leaders announced on October 4 that Super Bowl LVII was the “most successful Super Bowl” in history. </p><p>Super Bowl LVII generated $1.3 billion in total economic activity for the state of Arizona, with $726.1 million in total contribution to Arizona‘s gross domestic product, according to an independent study conducted by the L. William Seidman Research Institute at W.P. Carey School of Business at Arizona State University.</p><p>This marks the largest economic impact of any special event ever held in Arizona, as well as the highest for any Super Bowl for which publicly released figures are available, according to the Arizona Super Bowl Host Committee. </p><p>“Arizona had the biggest win from Super Bowl LVII and the incredible lasting impact on the State is unparalleled,” said Arizona Governor Katie Hobbs. “The world was watching Arizona, and in true fashion, we delivered in a big way. I look forward to our state hosting many more successful championship games and major events in the future, creating jobs and bringing in money from throughout the world to continue fueling our growing economy.”</p><p>Researchers analyzed data collected from interviews with visitors between February 9-12, 2023 and found 102,598 out-of-state visitors came to the Valley for Super Bowl LVII, spending over $221 million while they were here. Of the visitors, just about 60% had tickets to the game at State Farm Stadium on February 12.</p><p>Additionally, the study found that 10,459 annual jobs were created, yielding a $494.1 million contribution to labor income in Arizona.</p><p>“The magnitude of the economic impact of hosting the Super Bowl is what makes it a coveted event for cities around the United States,” said Anthony Evans, senior research fellow for the L. William Seidman Institute at W. P. Carey School of Business, Arizona State University. “Arizona continually shows itself to be a worthy host for the nation’s signature sports events and the increase in tourism dollars from Super Bowl is unlike any other event.” </p><p>The Phoenix Convention Center & Venues hosted Super Bowl Experience presented by Lowe’s over two weekends leading up to Super Bowl LVII in addition to hosting the prestigious NFL Honors at Symphony Hall. The Phoenix Convention Center also hosted the 6,000 members of local, national and international media that were on site for Super Bowl LVII. Phoenix’s Margaret T. Hance Park played a critical role in the festivities as well, hosting a series of concerts and the first-ever watch party on the day of the big game, in which roughly 25,000 people attended.</p><p>Downtown Phoenix saw 300,000 fans pass through for events during the Super Bowl weekend and the weekend prior.</p><p>On the Monday following Super Bowl LVII, Sky Harbor International Airport experienced its busiest day ever with over 200,000 passengers traveling through the airport. Additionally, TSA security checkpoints had wait times of less than 22 minutes.</p><p>Super Bowl LVII generated roughly 40% more in economic impact than the 2015 Super Bowl XLIX and the accompanying Pro Bowl, according to the analysis.</p><p>Phoenix continues to see success with mega events and preparations are already underway for the 2024 NCAA Men’s Final Four taking place this spring.</p><p><br></p><p><strong>Media Contact:</strong><br>Athena Sanchez, Interim Communications Manager<br><a href="mailto:athena.sanchez@phoenix.gov/">athena.sanchez@phoenix.gov/</a> +1 602 621 0507​​<br></p></div>Superbowl Signage in Downtown Phoenixhttps://www.investinphoenix.com/Lists/News/Attachments/15/Photo_SB57_Buildings-Advertisements_2-11-23_007.jpg10/12/2023 2:18:32 PM
U.S. Men’s 2024 Olympic Team to Play Mexico and Japan at 38th St/Washington, Oct. 11 and Oct. 17https://www.investinphoenix.com/news/14U.S. Men’s 2024 Olympic Team to Play Mexico and Japan at 38th St/Washington, Oct. 11 and Oct. 17<div class="ExternalClass26B17AFA60B04EF49AC3DD6E160CE59B"><p>PHOENIX, Arizona (September 27) – Phoenix Rising FC will host the U.S. Men’s 2024 Olympic Team during a trio of friendlies at 38th St./Washington Oct. 11 (U.S./Mexico at 7 p.m.), Oct. 14 (Mexico/Japan at 3 p.m.) and Oct. 17 (U.S./Japan at 8 p.m.), the club announced today.<br></p><p>Tickets for all three matches will be available for purchase by Phoenix Rising Season Ticket Members beginning this Friday, Sept. 29 at 10 a.m. Public on-sale will begin Saturday, Sept. 30 at 10 a.m. Visit PHXRisingFC.com or call 623-594-9606 for more information.<br></p><p>The U.S. Men’s Under-23 Training Camp will kick off preparations for the U.S. Men’s first Olympic appearance since Beijing 2008. The U-23 MYNT serves as an important part of U.S. Soccer’s mission to develop winning teams as it will provide some of the nation’s top young talent the opportunity to face elite opposition on the world stage next summer.<br><br></p><p><strong>SCHEDULE</strong></p><ul><li>Wednesday, Oct. 11 - USA vs. Mexico – 7 p.m. MST/PT</li><li>Saturday, Oct. 14 – Mexico vs. Japan – 3 p.m. MST/PT</li><li>Tuesday, Oct. 17 – USA vs. Japan – 7:30 p.m. MST/PT<br></li></ul><p><br></p><p>The USA qualified for its first Olympic Men’s Football Tournament in 16 years with a dominant performance at the 2022 Concacaf U-20 Championship. There, the U.S. topped host Honduras 3-0 before a raucous crowd in San Pedro Sula to secure its Olympic berth.</p><p>Mexico will not compete in the Olympics, missing the tournament for the first time since 2008 after a bronze medal finish at Tokyo 2020. Japan finished fourth as host of the delayed 2020 Olympics. The Samurai Blue are preparing for next spring’s 2024 AFC U-23 Asian Cup in Qatar, which will see three Asian nations qualify for Paris 2024. Japan is currently competing at the Asian Games, kicking off the tournament’s knockout stage tomorrow, Thursday, Sept. 28.​</p><p>The U.S. and Japan faced off during the last U-23 MYNT cycle in Sept. 2019, a 2-0 victory for the,USA in Chula Vista, Calif. The nations also met at the USA’s last Olympic appearance in 2008, a 1-0 victory for the red, white and blue in Tianjin, China. <br></p><p>Stu Holden scored the lone goal for the U.S. The teams also drew 2-2 in the quarterfinals of the Sydney 2000 Olympic Games, with Josh Wolff scoring the USA’s opening goal as the U.S. ultimately prevailed 5-4 on PKs.<br></p><p><br></p><p><strong>About the U.S. Soccer Federation</strong></p><p>Founded in 1913, U.S. Soccer has been the official governing body of the sport in the United States for more than 100 years. As U.S. Soccer looks toward the future amid an unprecedented moment of opportunity, we’ve aligned our efforts around five strategic pillars: Grow the game by increasing youth and adult participation and accessibility to the sport; Foster the best playing environments through quality of referees and coaches, increase DEIB and participant safety; Develop winning teams through solidified pathways and success of professional leagues; Grow the soccer economy to fuel reinvestment by increasing membership, fandom and commercial success; and Create a world-class organization through revitalized structure and culture, best-in-class talent, progress in DEIB, and more. For more information, visit ussoccer.com/ourvision.</p><p><br></p><p><strong>About Phoenix Rising FC</strong></p><p>Phoenix Rising FC is the highest-level professional soccer franchise in Arizona history. Established in 2016, the club has won the 2020 and 2018 Western Conference Titles as well as the USL Championship’s 2019 Regular Season Title. Rising holds the record for the longest win streak in American professional soccer history (20 matches). It is owned by legendary Chelsea and Ivory Coast striker, Didier Drogba, Advantage Sports Union CEO, Alex Zheng, club chairman Berke Bakay and an impressive collection of local business leaders and international celebrities.​<br></p><p><br></p><p>Phoenix Rising FC plays in the USL Championship. For season tickets or more information call 623-594-9606 or visit PHXRisingFC.com. You can also follow the team on Facebook (PHXRisingFC), Twitter (@PHXRisingFC), Instagram (@PHXRisingFC) and YouTube (PhoenixRisingFootballClub) or by downloading the Official Team App in the App Store or Google Play.<br></p><p><br></p><p><strong>Media Contact:</strong><br>Athena Sanchez, Interim Communications Manager<br><a href="mailto:athena.sanchez@phoenix.gov/">athena.sanchez@phoenix.gov/</a> +1 602 621 0507​​<br></p></div>Phoenix Rising Football Club Logohttps://www.investinphoenix.com/Lists/News/Attachments/14/Phoenix_Rising_FC_logo.png9/28/2023 4:16:41 PM
Clayco Celebrates Grand Opening Of Southwestern Regional Headquarters In Phoenixhttps://www.investinphoenix.com/news/13Clayco Celebrates Grand Opening Of Southwestern Regional Headquarters In Phoenix<div class="ExternalClassE16E3EECE2B64384B702ABCA984B5EE6"><p><a href="https://claycorp.com/"><span style="text-decoration:underline;">Clayco</span></a>, a full-service, turnkey real estate, architecture, engineering, design-build and construction firm, today celebrated the grand opening of its Southwestern regional headquarters in Phoenix, Arizona. The 48,000-square-foot office occupies the entire third floor located at 4300 E. Camelback Rd. and currently houses over 400 employees, which support several thousand skilled workers throughout the state.</p><p> <br>Clayco Enterprise Executives, shareholders, clients, brokers, partners and employees celebrated the grand opening alongside the City of Phoenix, Arizona Commerce Authority, Greater Phoenix Economic Council, and community and industry leaders.</p><p> <br>“The region has proven to be a place where things happen - where the best-and-brightest are going to find their life's work," said Ryan Abbott, Executive Vice President, Southwest Region, Clayco. “Arizona is a place where we can deploy the art and science of building in an evolutionary way. We're excited about matching what we do with other motivated, innovative, and entrepreneurial partners that have gravitated to the region."</p><p> <br>Representing a multi-million dollar investment, the HQ office houses Clayco subsidiaries<a href="https://theljc.com/"><span style="text-decoration:underline;"> </span><span style="text-decoration:underline;">LJC</span></a> (design), <a href="https://www.realcrg.com/"><span style="text-decoration:underline;">CRG</span></a> (real estate), <a href="https://concretestrategies.com/"><span style="text-decoration:underline;">Concrete</span><span style="text-decoration:underline;"> </span><span style="text-decoration:underline;">Strategies</span></a> (concrete),<a href="https://ventana.vc/"><span style="text-decoration:underline;"> </span><span style="text-decoration:underline;">Ventana</span></a> (exterior building facades), CDC (procurement), CDE (engineering) servicing a variety of market sectors throughout the Southwest. The office also houses <a href="https://claycorp.com/work/featured-projects">Clayco</a> departments including Clayco (builder)'s regional Preconstruction, Operations, Mission Control, Virtual Design and Construction (VDC), Safety for the Industrial, Commercial, Institutional, Advanced Manufacturing, Mission Critical and Residential Business Units. Clayco's new HQ office will help Clayco provide services to clients located in the southwest region including Arizona, Colorado, Nevada, New Mexico, Texas, and Utah.</p><p> <br>“We are excited Clayco has expanded its presence in Arizona with its new regional headquarters in Phoenix," said Sandra Watson, President and CEO, Arizona Commerce Authority. “Clayco's new office will support the advancement of exciting projects throughout Arizona, fueling the state's economic growth. We look forward to supporting Clayco's continued success in Arizona."</p><p> <br>“After years of working alongside Clayco, we're thrilled to see their continued growth in Greater Phoenix," said Chris Camacho, President and CEO, Greater Phoenix Economic Council. “Their depth of expertise has been paramount to the growth of emerging industries around the region, and this new office space will help maintain the filling of development needs."</p><p> <br>Clayco is currently <a href="https://www.bizjournals.com/phoenix/subscriber-only/2023/05/12/largest-phoenix-area-commercial-building-contractors.html"><span style="text-decoration:underline;">ranked No. 3</span></a> for Phoenix's Largest Regional Contractors 2023 by the <em>Phoenix Business Journal </em>and recognized as a <a href="https://azbigmedia.com/business/most-admired-companies-of-2023-clayco/"><span style="text-decoration:underline;">Most Admired Company</span></a> of 2023 by <em>AZ Big Media </em>and BestCompaniesAZ. Clayco has served in designing, building, investing in key projects, new ideas and programs for over 30 years. Clayco currently has $2.5 billion in ongoing projects throughout the state that include notable residential, industrial sites and more.</p><p> <br>“Everywhere you look in Phoenix, you can see Clayco's impact. From the cranes in the sky to the construction abuzz in our downtown, it's clear Clayco is playing an integral role in powering our city's growth," said Phoenix Mayor Kate Gallego. “I am excited to welcome another Clayco hub to Phoenix and look forward to our continued partnership to build the city of the future."</p><p><br></p><p>“Clayco is more than just a design-build firm. They're contributors to our community in innovation and engineering excellence. Today's grand opening affirms their commitment to Phoenix," said Christine Mackay, Phoenix Community and Economic Development Director. “We're looking forward to seeing Clayco continue to thrive and prosper, building the foundations of our community."<br></p><p><br></p><p><strong>Media Contacts:</strong></p><p>Ryan Abbott, Clayco, <a href="mailto:abbottr@claycorp.com"><span style="text-decoration:underline;">abbottr@claycorp.com</span></a></p><p>Alyssa Tufts, Arizona Commerce Authority, <a href="mailto:alyssat@azcommerce.com"><span style="text-decoration:underline;">alyssat@azcommerce.com</span></a></p><p>Athena Sanchez, City of Phoenix, <a href="mailto:athena.sanchez@phoenix.gov"><span style="text-decoration:underline;">athena.sanchez@phoenix.gov</span></a><br></p><p><br></p><p><br></p><p><strong>About Clayco</strong></p><p>Clayco is a full-service, turnkey real estate, architecture, engineering, design-build and construction firm that delivers clients across North America the highest quality solutions on time, on budget and above and beyond expectations. Founded in 1984, we have revolutionized the design-build process every step of the way. Clayco has dramatically set new standards for collaborative design, construction quality and craftsmanship, efficient project management, cost containment and jobsite safety. With over $5.2 billion in revenue for 2022 and more than 3,000 employees across the country, we are one of the nation's largest privately-owned real estate, architecture, engineering, design-build and construction firms. Our people specialize in the “art and science of building," providing fast-track, efficient solutions in North America for commercial, institutional, industrial, and residential building projects. For more information, please visit <a href="https://claycorp.com/"><span style="text-decoration:underline;">claycorp.com</span></a>.</p><p> </p><p><strong>About the Arizona Commerce Authority</strong></p><p>The Arizona Commerce Authority (ACA) is the state's leading economic development organization with a streamlined mission to grow and strengthen Arizona's economy. The ACA uses a three-pronged approach to advance the overall economy: attract, expand, create - attract out-of-state companies to establish operations in Arizona; work with existing companies to expand their business in Arizona and beyond; and help entrepreneurs create new Arizona businesses in targeted industries. For more information, please visit <a href="https://www.azcommerce.com/"><span style="text-decoration:underline;">azcommerce.com</span></a> and follow the ACA on Twitter <a href="https://twitter.com/azcommerce"><span style="text-decoration:underline;">@azcommerce</span></a>.​<br></p></div>Clayco Logohttps://www.investinphoenix.com/Lists/News/Attachments/13/logo-clayco.jpg9/21/2023 6:09:40 PM
Park Central Hotels to Host New Hospitality Workforce Training Initiative https://www.investinphoenix.com/news/12Park Central Hotels to Host New Hospitality Workforce Training Initiative <div class="ExternalClass537597CA10DB43C892E0C15920A84B42"><div><p><span data-contrast="none" lang="EN-US"><span data-ccp-parastyle="Normal (Web)">PHOENIX, Ariz.</span><span data-ccp-parastyle="Normal (Web)">- </span><span data-ccp-parastyle="Normal (Web)">Grand Canyon University (GCU), the City of Phoenix, and the developers of Park Central, Plaza Companies, </span><span data-ccp-parastyle="Normal (Web)">Holualoa</span><span data-ccp-parastyle="Normal (Web)"> Companies, and hotel operator Fayth Hospitality are joining together to initiate the Park Central Hospitality Training program</span><span data-ccp-parastyle="Normal (Web)">. </span><span data-ccp-parastyle="Normal (Web)">The innovative new workforce training program is bringing together a public-private-university partnership to train workers in the hospitality industry. </span></span><span data-ccp-props="{"335559738":2,"335559739":2,"335559745":1,"335559746":1}"> ​​</span></p></div><div><p><span data-contrast="none" lang="EN-US">“Phoenix continues to build on our reputation as a top travel destination, attracting an increasing number of visitors from domestic and international markets,” said Phoenix Mayor Kate Gallego. “This initiative comes at the perfect time as we work to forge new paths for residents to capitalize on rewarding career opportunities, and to meet the needs of this growing industry with a talented workforce.”</span><span data-ccp-props="{"335559738":2,"335559739":2,"335559745":1,"335559746":1}"> </span></p></div><div><p><span data-contrast="none" lang="EN-US"><span data-ccp-parastyle="Normal (Web)">GCU's renowned Hospitality Management program will collaborate with Fayth Hospitality and the City of Phoenix to design a comprehensive curriculum. This initiative will equip aspiring hospitality professionals with essential skills, including technology, guest service, marketing, community ambassadorship, and collaboration with local partners.</span><span data-ccp-parastyle="Normal (Web)"> </span><span data-ccp-parastyle="Normal (Web)">The </span><span data-ccp-parastyle="Normal (Web)">work experience for the </span><span data-ccp-parastyle="Normal (Web)">Hospitality Training Program will occur at the dual-branded Home2 Suites and Tru by Hilton</span><span data-ccp-parastyle="Normal (Web)"> at Park Central</span><span data-ccp-parastyle="Normal (Web)">.</span></span><span data-ccp-props="{"335559738":2,"335559739":2,"335559745":1,"335559746":1}"> </span></p></div><div><p><span data-contrast="none" lang="EN-US"><span data-ccp-parastyle="Normal (Web)">"This </span><span data-ccp-parastyle="Normal (Web)">workforce initiative will </span><span data-ccp-parastyle="Normal (Web)">bring valuable opportunities to our community, empowering aspiring individuals with essential hospitality skills and on-the-job work experience," said Phoenix City Councilwoman Laura Pastor. "The partnership between Fayth Hospitality, Park Central, GCU, and the City of Phoenix demonstrates a commitment to fostering economic growth and job prospects within my district."</span><span data-ccp-parastyle="Normal (Web)"> </span></span><span data-ccp-props="{"335559738":2,"335559739":2,"335559745":1,"335559746":1}"> </span></p></div><div><p><span data-contrast="none" lang="EN-US"><span data-ccp-parastyle="Normal (Web)">The program is launching with a $25,000 grant from the Foresight Foundation. The Foresight Foundation's </span><span data-ccp-parastyle="Normal (Web)">donation</span><span data-ccp-parastyle="Normal (Web)"> to GCU will support </span><span data-ccp-parastyle="Normal (Web)">program costs</span><span data-ccp-parastyle="Normal (Web)">.</span><span data-ccp-parastyle="Normal (Web)"> </span><span data-ccp-parastyle="Normal (Web)">The program will kick off next year as the construction concludes o</span><span data-ccp-parastyle="Normal (Web)">at</span><span data-ccp-parastyle="Normal (Web)"> the Park Central hotels</span><span data-ccp-parastyle="Normal (Web)">, as part of </span><span data-ccp-parastyle="Normal (Web)">the </span><span data-ccp-parastyle="Normal (Web)">PHOENIX MEDICAL QUARTER</span><span data-ccp-parastyle="Normal (Web)">.</span></span><span data-ccp-props="{"335559738":2,"335559739":2,"335559745":1,"335559746":1}"> </span></p></div><div><p><span data-contrast="none" lang="EN-US">"This is a tremendous opportunity for us to help develop the next generation of hospitality workers, create new jobs, and continue to elevate our community," said Greg Fay, Managing Partner of Fayth Hospitality. "We extend our heartfelt gratitude to the Foresight Foundation for their generous support and invaluable partnership, enabling us to bring this vision to fruition."</span><span data-ccp-props="{"335559738":2,"335559739":2,"335559745":1,"335559746":1}"> </span></p></div><div><p><span data-contrast="none" lang="EN-US"><span data-ccp-parastyle="Normal (Web)">The</span><span data-ccp-parastyle="Normal (Web)"> Park Central</span><span data-ccp-parastyle="Normal (Web)"> hotels will support individuals traveling</span><span data-ccp-parastyle="Normal (Web)"> to</span><span data-ccp-parastyle="Normal (Web)"> </span><span data-ccp-parastyle="Normal (Web)">the </span><span data-ccp-parastyle="Normal (Web)">PHOENIX MEDICAL</span><span data-ccp-parastyle="Normal (Web)"> QUARTER</span><span data-ccp-parastyle="Normal (Web)"> </span><span data-ccp-parastyle="Normal (Web)">for treatment and services at Barrow Neurological Institute, Dignity Health </span><span data-ccp-parastyle="Normal (Web)">St. Joseph's Hospital and Medical Center, as well as a place for family and friends of Creighton University </span><span data-ccp-parastyle="Normal (Web)">Health Sciences Campus </span><span data-ccp-parastyle="Normal (Web)">students and faculty. The hotels will add 207 total guest rooms, spanning five stories and covering 105,000 square</span><span data-ccp-parastyle="Normal (Web)"> feet</span><span data-ccp-parastyle="Normal (Web)">.</span></span><span data-ccp-props="{"335559738":2,"335559739":2,"335559745":1,"335559746":1}"> </span></p></div><div><p><span data-contrast="none" lang="EN-US">"We are thrilled about this public-private partnership to build new lives for many Arizona workers and their families," said Dr. Toni Farmer-Thompson, Co-Founder and President/CEO of the Foresight Foundation. "This initiative will benefit Arizona from many perspectives and enable us to properly welcome and serve the many tourists visiting our beautiful state."</span><span data-ccp-props="{"335559738":2,"335559739":2,"335559745":1,"335559746":1}"> </span></p></div><div><p><span data-contrast="none" lang="EN-US"><span data-ccp-parastyle="Normal (Web)">Upon completing the program, participants will gain invaluable firsthand work experience and benefit from job placement assistance. Additionally, the Foresight Foundation will financially support mentorships and leadership skills</span><span data-ccp-parastyle="Normal (Web)"> development</span><span data-ccp-parastyle="Normal (Web)"> for students participating in the program</span><span data-ccp-parastyle="Normal (Web)">,</span><span data-ccp-parastyle="Normal (Web)"> which is expected to start in 2024.</span></span><span data-ccp-props="{"335559738":2,"335559739":2,"335559745":1,"335559746":1}"> </span></p></div><div><p><span data-contrast="none" lang="EN-US"><span data-ccp-parastyle="Normal (Web)">"We are pleased to expand workforce training opportunities and incorporate hospitality training at the new hotels at Park Central," said Sharon Harper, Chairman and CEO of Plaza Companies spearheading the Park Central revitalization alongside </span><span data-ccp-parastyle="Normal (Web)">Holualoa</span><span data-ccp-parastyle="Normal (Web)"> Companies. "</span><span data-ccp-parastyle="Normal (Web)">This f</span><span data-ccp-parastyle="Normal (Web)">urther</span><span data-ccp-parastyle="Normal (Web)">s</span><span data-ccp-parastyle="Normal (Web)"> the vision of establishing Park Central as a hub for jobs and economic growth. The hotels will be invaluable assets, catering to Creighton University </span><span data-ccp-parastyle="Normal (Web)">m</span><span data-ccp-parastyle="Normal (Web)">edical students, faculty, families, business travelers, patients, and families traveling for treatment in the </span><span data-ccp-parastyle="Normal (Web)">PHOENIX MEDICAL QUARER</span><span data-ccp-parastyle="Normal (Web)"> while enhancing our community's employment prospects."</span></span><span data-ccp-props="{"335559738":2,"335559739":2,"335559745":1,"335559746":1}"> </span></p></div><div><p><span data-contrast="none" lang="EN-US"><span data-ccp-parastyle="Normal (Web)"></span></span><span data-ccp-props="{"335559738":2,"335559739":2,"335559745":1,"335559746":1}"> </span><span data-contrast="none" lang="EN-US">The construction, leisure, and hospitality industries are in the top five of the fastest growing industries in Arizona and will see over 20% increase in employment by 2031</span><span data-contrast="none" lang="EN-US"><span data-fontsize="12" data-ccp-parastyle="Normal (Web)">2</span></span><span data-contrast="none" lang="EN-US"><span data-ccp-parastyle="Normal (Web)">.</span><span data-ccp-parastyle="Normal (Web)"> </span><span data-ccp-parastyle="Normal (Web)">The Park Central Hospitality Training program is one of three workforce programs Plaza Companies is leading. Additional programs are related to construction and property management. </span></span><span data-ccp-props="{"335559738":2,"335559739":2,"335559745":1,"335559746":1}"> </span></p></div><div><p><span data-contrast="auto" lang="EN-US">“GCU is intentional with its job-focused curriculum,” said GCU President Brian Mueller. “Partnering with this local hospitality training program supports the University’s commitment to prepare our students to be workforce-ready. Hands-on experience like this ensures our graduates are meeting the needs of today’s industry leaders.”</span><span data-ccp-props="{}"> </span></p></div><div><p><span data-contrast="none" lang="EN-US"><span data-ccp-parastyle="Normal (Web)">Plaza Companies and Tucson's </span><span data-ccp-parastyle="Normal (Web)">Holualoa</span><span data-ccp-parastyle="Normal (Web)"> Companies have teamed up to redevelop Park Central into a vibrant destination once the city's first official large-scale shopping mall. The companies have transitioned the expansive space from a retail center nearly 500,000-square-foot bustling community hub ideal for playing, working, congregating, and celebrating the arts. </span></span><span data-ccp-props="{"335559738":2,"335559739":2,"335559745":1,"335559746":1}"> ​</span></p></div><div><p><span data-contrast="none" lang="EN-US"><span data-ccp-parastyle="Normal (Web)">The new, dual-branded hotels will combine features and perks from both brands. Home2 Suites is a pet-friendly, extended-stay hotel offering complimentary breakfast, in-suite kitchens, and other </span><span data-ccp-parastyle="Normal (Web)">extended stay </span><span data-ccp-parastyle="Normal (Web)">amenities. Tru by Hilton, meanwhile, provides an interactive game room, multimedia areas, and a 24/7 market where guests can grab </span><span data-ccp-parastyle="Normal (Web)">snacks, coffee, and other beverages and light bites. The hotels will share a rooftop pool and ground-floor fitness center.</span></span><span data-ccp-props="{"335559738":2,"335559739":2,"335559745":1,"335559746":1}"> </span></p></div><div><p><span data-contrast="none" lang="EN-US"><span data-ccp-parastyle="Normal (Web)"></span></span><span data-ccp-props="{"335559738":2,"335559739":2,"335559745":1,"335559746":1}"> </span></p></div><div><h3><span data-contrast="none" lang="EN-US"><span data-ccp-parastyle="Normal (Web)">For questions on Plaza Companies or Park Central contact</span><span data-ccp-parastyle="Normal (Web)">:</span></span></h3><p><span data-contrast="none" lang="EN-US">Elizabeth Berry, Plaza Companies</span><span data-ccp-props="{"335559738":2,"335559739":2,"335559745":1,"335559746":1}"> <br></span><span data-contrast="none" lang="EN-US">602-758-0628 |  </span><a href="mailto:Elizabeth.berry@theplazaco.com" target="_blank" rel="noreferrer noopener"><span data-contrast="none" lang="EN-US"><span data-ccp-charstyle="Hyperlink">Elizabeth.berry@theplazaco.com</span></span></a><span data-contrast="none" lang="EN-US"> </span><span data-ccp-props="{"335559738":2,"335559739":2,"335559745":1,"335559746":1}"> ​</span></p></div><p>Athena Sanchez, Interim Communications Manager<br><a href="mailto:athena.sanchez@phoenix.gov/">athena.sanchez@phoenix.gov/</a> +1 602 621 0507​​<br></p></div>Image of Park Central in Phoenix Grand Canyon University, City of Phoenix, and Private Sector Uniting to Inspire the Next Cohort of Hospitality Professionals https://www.investinphoenix.com/Lists/News/Attachments/12/_PARK CENTRAL 20220727 1700.jpg8/17/2023 6:27:58 PM
U.S. Department of Labor Praises ARZIONA@WORK City of Phoenix for Its On-the-Job Training Program https://www.investinphoenix.com/news/11 U.S. Department of Labor Praises ARZIONA@WORK City of Phoenix for Its On-the-Job Training Program <div class="ExternalClassC98007C5D3B54414AF1066A43E920755"><div><p></p><div class="OutlineElement Ltr SCXW224815712 BCX0" style="margin:0px;padding:0px;overflow:visible;cursor:text;clear:both;direction:ltr;color:#000000;font-family:"segoe ui", "segoe ui web", arial, verdana, sans-serif;font-size:12px;background-color:#ffffff;"><p class="Paragraph SCXW224815712 BCX0" style="margin-bottom:0px;padding:0px;vertical-align:baseline;background-color:transparent;color:windowtext;"><span data-contrast="none" lang="EN-US" class="TextRun SCXW224815712 BCX0" style="margin:0px;padding:0px;color:#0e101a;font-size:12pt;line-height:20.5042px;font-family:arial, arial_embeddedfont, arial_msfontservice, sans-serif;"><span class="NormalTextRun SCXW224815712 BCX0" data-ccp-parastyle="Normal (Web)" style="margin:0px;padding:0px;"></span></span></p></div><div><div><p><span data-contrast="auto" lang="EN-US">The Department of Labor (DOL) visited the City of Phoenix to perform required state monitoring to evaluate workforce development programs led by Phoenix. The DOL’s employment and training division conducted virtual and in-person interviews with city staff, WIOA Title I participants, local board and staff members, service providers, local businesses, and visited the ARIZONA@WORK Job Center in south Phoenix. Following the interviews, the DOL commended Phoenix for its excellent work, stellar customer service, and premier execution of federally funded programs. </span><span data-ccp-props="{"201341983":0,"335559739":160,"335559740":259}"> </span></p></div><div><p><span data-contrast="auto" lang="EN-US">“I am proud to lead a city that goes above and beyond to connect its residents to career pathways and good-paying jobs. Earn-as-you-learn programs attract the best talent and ultimately set Phoenix families up for success, and I’m glad the Department of Labor got a glimpse into the work that makes this possible. We will continue leveraging federally funded programs at the local level to deliver great outcomes for Phoenicians,” said Phoenix Mayor Kate Gallego. </span><span data-ccp-props="{"201341983":0,"335559739":160,"335559740":259}"> </span></p></div><div><p><span data-contrast="auto" lang="EN-US">The DOL conducted a one-on-one interview with Hercules Industries, a local business. Hercules Industries is a national manufacturer and wholesale distributor of HVAC sheet metal products and equipment. Hercules Industries took advantage of several city programs, including Phoenix Community and Economic Development Department’s Business Retention and Expansion programs and ARIZONA@WORK’s On-the-Job Training (OJT) program. </span><span data-ccp-props="{"201341983":0,"335559739":160,"335559740":259}"> </span></p></div><div><p><span data-contrast="auto" lang="EN-US">“We know how important it is to be leaders in workforce training and development if we want our community to continue to thrive. Programs such as the On-the-Job Training create pathways to opportunity for both the employee and employer, and I’m excited local businesses are utilizing these resources,” said Phoenix Vice Mayor Yassamin Ansari. </span><span data-ccp-props="{"201341983":0,"335559739":160,"335559740":259}"> </span></p></div><div><p><span data-contrast="auto" lang="EN-US">Hercules Industries participated in the OJT program and received $36,672.70 for the fiscal year 2022-2023 after training and mentoring ten employees in various positions. The employees would only have qualified for the jobs with the OJT program.</span><span data-ccp-props="{"201341983":0,"335559739":160,"335559740":259}"> </span></p></div><div><p><span data-contrast="auto" lang="EN-US">“Career-based learning programs are one of the many investments we’re making in our local community,” said Phoenix Councilwoman Betty Guardado. “We set our residents up for success when we have programs that pay for job training and support local businesses.”</span><span data-ccp-props="{"201341983":0,"335559739":160,"335559740":259}"> </span></p></div><div><p><span data-contrast="auto" lang="EN-US">The OTJ program is an “earn-as-you-learn” training that offers local employers and job seekers access to federal dollars. The program reimburses employers 50% of the employee’s wages after the employees completes training. The OJT program provides an opportunity for individuals to gain work experience and training they lacked before participating in the program. Individuals are empowered to learn a new skill or trade while alleviating some of the employer’s training burden.</span><span data-ccp-props="{"201341983":0,"335559739":160,"335559740":259}"> </span></p></div><div><p><span data-contrast="auto" lang="EN-US">“Overall, the partnership between Hercules Industries and the ARIZONA@WORK team has been a great success. We were able to work together to benefit a select few employees in the Phoenix community, while also providing great value for our employees and our employee-owned business,” said Hercules Industries Learning Development Program Manager, Kyle Watts. “Thank you, James, Al, and the entire ARIZONA@WORK team, for assisting us through this process.”</span><span data-ccp-props="{"201341983":0,"335559739":160,"335559740":259}"> </span></p></div><div><p><span data-contrast="auto" lang="EN-US">The DOL finalized monitoring the City of Phoenix last week. They continued their praise by showcasing Phoenix’s materials as a best practice to be replicated in other cities under DOL monitoring.</span><span data-ccp-props="{"201341983":0,"335559739":160,"335559740":259}"> </span></p></div><div><p><span data-contrast="auto" lang="EN-US">“The Phoenix Business and Workforce Development Board is committed to helping employers and job seekers enhance economic development and quality of life in the City of Phoenix. Our workforce board is pleased to have the DOL as a partner and we are confident that the goals and strategies developed by the Board will help achieve Mayor Kate’s desired future vision and direction for workforce development efforts in the City of Phoenix,” said Phoenix Business and Workforce Development Board Chair, Sam Wolo.  </span><span data-ccp-props="{"201341983":0,"335559739":160,"335559740":252}"> </span></p></div><div><p><span data-contrast="auto" lang="EN-US">“Our goal is to deliver the best service to our customers, businesses, and community,” said Phoenix’s Community and Economic Development Director, Christine Mackay. “I’m honored to be part of an amazing team that not only exceeds the expectations set by the Department of Labor but is also a driver of best practices for other cities.”  </span><span data-ccp-props="{"201341983":0,"335559739":160,"335559740":259}"> </span></p></div><div><p><span data-contrast="auto" lang="EN-US">The City of Phoenix is a DOL grant recipient, and as such, core activities, operations, and governance are monitored to ensure effective stewardship of federal funds. The monitoring is conducted using multiple methods, including case file reviews, conducting interviews, performance and fiscal analysis, and evaluation of operations.</span><span data-ccp-props="{"201341983":0,"335559739":160,"335559740":259}"> ​</span></p><p><br><br></p><p><strong>Media Contact:</strong><br>Athena Sanchez, Interim Communications Manager<br><a href="mailto:athena.sanchez@phoenix.gov/">athena.sanchez@phoenix.gov/</a> +1 602 621 0507​​<br></p></div></div></div></div>Help being provided to a job seeker at the City of Phoenix AZ @ Work CenterHighlighting the Innovative and Exciting Projects Phoenix is Leading in Workforce Development https://www.investinphoenix.com/Lists/News/Attachments/11/MicrosoftTeams-image.png8/17/2023 6:25:18 PM
Phoenix City Council Authorizes Development Agreement with Republic Services and CityNorth to Negotiate New Headquartershttps://www.investinphoenix.com/news/10Phoenix City Council Authorizes Development Agreement with Republic Services and CityNorth to Negotiate New Headquarters<div class="ExternalClass4C9493711B3D4E79BDB7C02383AFC7CE"><p><em>​New 240,000 ​Square Foot Sustainable Workspace to Support Company's Growth​</em><br></p><p></p><p>Phoenix, Ariz. (June 14, 2023) – Republic Services, Inc., a leader in the environmental services industry, has committed to relocating its corporate headquarters to a new, customized build at CityNorth, in the Desert Ridge area of Phoenix. This location is just minutes from the company’s current headquarters. Approximately 1,000 team members will work at the new campus.<br><br></p><p>“Republic Services is one of Arizona’s most celebrated business success stories,” said Governor Katie Hobbs. “For decades, Republic Services has been a national environmental services leader that prioritizes sustainability while making a positive impact in Arizona communities. I would like to thank Jon Vander Ark and the entire Republic Services team for their continued commitment to Arizona with this new headquarters and look forward to supporting their future success.”<br><br></p><p>Republic Services merged with Phoenix-based Allied Waste in 2008, and sustainably collects, recycles and disposes materials for millions of customers every day. The company currently has more than 40,000 employees, including approximately 2,100 in Arizona, and expects an additional 600 positions in the state over time. Its industry-leading commitments to advance circularity, reduce emissions and decarbonize operations are helping deliver on its vision to partner with customers to create a more sustainable world. <br><br></p><p>“I am excited that we will be keeping Republic Services right here in Phoenix. This news is a true testament to our burgeoning and growing local economy and will positively impact our entire community. We stand ready to continue working with Republic Services to better serve Phoenicians, mobilize more sustainability practices, and invest in neighborhoods across the city,” said Phoenix Mayor Kate Gallego.<br><br></p><p>Republic Services is currently working with Crown Realty Group to acquire approximately 7-10 acres in the project known as CityNorth, located in the Desert Ridge community near 56th St. and the Loop 101. CityNorth is quickly becoming a new urban district that connects and energizes the existing and new developments at Desert Ridge. <br><br></p><p>“We welcome Republic Services and its employees to our vibrant CityNorth project helping to create a true urban environment where those employees can enjoy walking to 50 plus restaurants and entertainment venues while being steps away from their home, family and friends living in the state-of-the-art CityNorth luxury residential project currently being developed,” said Rick Carpinelli, Senior Vice President Acquisition and Development, Crown Realty Group.  <br><br></p><p>“Republic Services’ new headquarters building is a significant win as one of Arizona’s largest and most admired companies,” said Sandra Watson, President and CEO of the Arizona Commerce Authority. “A prominent industry leader, we are proud Republic Services will extend its legacy in Arizona with its new headquarters, creating even more economic opportunity and enhancing Arizona’s sustainability footprint.”<br><br></p><p>The development agreement authorization with Republic Services and Crown Realty Group, approved today by Phoenix City Council, will support the installation of public infrastructure improvements such as traffic signal, streetlights, pedestrian amenities, landscaping and sidewalks.</p><p><br></p><p>“Keeping a company like Republic Services here in Phoenix drives our economy and builds our community,” said Phoenix Economic Development Director Christine Mackay. “Prestigious recognition such as being named one of Fortune’s Most Admired Companies is a prime example of the top company caliber Phoenix attracts and we are proud to keep this company in the Valley.”  ​<br><br></p><p>"Republic Services' reinvestment and the relocation of its corporate headquarters in Greater Phoenix stands as a testament to the region's capacity to foster and cultivate innovation and will act to further strengthen our thriving ecosystem of sustainability-focused companies,” said Chris Camacho, President & CEO of the Greater Phoenix Economic Council. “With their steadfast commitment to sustainability and community, Republic Services has long been a trusted steward of our community and we look forward to being a partner in their continued growth and success in Greater Phoenix."</p><p><br></p><p><strong>About Republic Services </strong></p><p>Republic Services, Inc. (NYSE: RSG) is a leader in the environmental services industry. Through its subsidiaries, the Company provides customers with the most complete set of products and services, including recycling, solid waste, special waste, hazardous waste, container rental and field services. Republic's industry-leading commitments to advance circularity, reduce emissions and decarbonize operations are helping deliver on its vision to partner with customers to create a more sustainable world. For more information, please visit RepublicServices.com.</p><p><br></p><p><strong>About CityNorth</strong></p><p>CityNorth will be an “urban core” that upon completion will bring over 3,400 additional residential units, up to 2 million square feet of Class A office development along the Loop 101 freeway, ±1,000 hotel rooms and several new restaurants to the heart of the Desert Ridge, Arizona’s largest master planned community. The CityNorth project will bring further life to the Desert Ridge community and create a new urban district that connects and energizes the existing High Street and Desert Ridge Marketplace developments.  For more information, please visit www.citynorthdesertridge.com.​</p><p><br></p><p><strong>About the Arizona Commerce Authority</strong></p><p>The Arizona Commerce Authority (ACA) is the state's leading economic development organization with a streamlined mission to grow and strengthen Arizona's economy. The ACA uses a three-pronged approach to advance the overall economy: attract, expand, create - attract out-of-state companies to establish operations in Arizona; work with existing companies to expand their business in Arizona and beyond; and help entrepreneurs create new Arizona businesses in targeted industries. For more information, please visit azcommerce.com and follow the ACA on Twitter @azcommerce.</p><p><br></p><p><strong>About Phoenix</strong></p><p>Phoenix is the fifth-largest American city, home to 1.7 million people. The most populous state capital, it was named the 2017 “Highest Performing City” by Governing Magazine. Key industries include advanced business and financial services, technology, health and life sciences, hospitality, and advanced manufacturing. At 517 square miles, with world-renowned mountain trails and opportunity for diverse lifestyles, Phoenix has the shortest average commute times among the 12 largest U.S. metropolitan areas. Founded in 1868, Phoenix’s wild-west roots grew to host major events in a dynamic downtown for the Super Bowl, NCAA championships and music festivals. For more information, visit investinphoenix.com. </p><p><br></p><p><strong>Media Contact:</strong><br></p><p><strong></strong>Athena Sanchez<br>Interim Communications Manager  <br>City of Phoenix <br>E-mail: <a href="mailto:athena.sanchez@phoenix.gov">athena.sanchez@phoenix.gov</a><br>Cell: 602-621-0507 (call/text)<br></p></div>Republic Services Logohttps://www.investinphoenix.com/Lists/News/Attachments/10/2022 RSG logo (horizontal).png6/14/2023 11:18:38 PM
Phoenix Mayor Kate Gallego Announces Phoenix Global Forumhttps://www.investinphoenix.com/news/9Phoenix Mayor Kate Gallego Announces Phoenix Global Forum<div class="ExternalClass07F7FACC4D4A46ECA83EA4493C509B62"><p></p><p>Phoenix Mayor Kate Gallego today announced the creation of the <strong>Phoenix Global Forum</strong>, an annual summit hosted by Phoenix Sister Cities and the International Economic Forum of the Americas (IEFA). <br><br></p><p>The event will launch on<strong> May 2, 2024</strong>, at the Arizona Biltmore in Phoenix and will convene decision makers and experts to discuss society’s evolving needs amidst ongoing global challenges. The forum will examine solutions already in development, both in Phoenix and worldwide, while also fostering future innovation through connection and collaboration.<br><br></p><p>Mayor Gallego made the announcement at the Conference of Montreal, an annual economic summit hosted by the IEFA in Quebec, Canada. <br><br></p><p><strong>Mayor Gallego</strong> said: “I am thrilled to announce the launch of the Phoenix Global Forum. Phoenix is the fastest growing big city in America, and it’s reflected in major sector hubs advancing here, including semiconductors, advanced technology, biosciences, cybersecurity, and defense.  Investment in our region is significant, and I look forward to this event convening global enterprises, institutions, and individuals to identify opportunities for collaboration, growth, and resiliency necessary for a bright future.”<br><br></p><p><strong>IEFA CEO Nicholas Rémillard </strong>added: “We are delighted to be working with Phoenix Sister Cities on this initiative. The city has an incredible ecosystem of business leaders, entrepreneurs, investors and academics all working towards major advancements in areas such as sustainability and healthcare. Our mission at the IEFA has always been one of connection to foster solutions, and we are pleased to partner with a city which truly embodies this aim. We look forward to welcoming everyone at the inaugural Phoenix Global Forum next year.”<br></p><p><br></p><p><br></p><p><strong>Media Contact:</strong><br>Athena Sanchez, Interim Communications Manager<br><a href="mailto:athena.sanchez@phoenix.gov/">athena.sanchez@phoenix.gov/</a> +1 602 621 0507​<br></p></div>Phoenix Global Forumhttps://www.investinphoenix.com/Lists/News/Attachments/9/IEFA-Logo_PGF-Color.png6/13/2023 3:13:25 PM
Three Innovative Phoenix Biotech Businesses Secure Spot in Prestigious Start-Up Stadium Stage at 2023 BIO International Conventionhttps://www.investinphoenix.com/news/8Three Innovative Phoenix Biotech Businesses Secure Spot in Prestigious Start-Up Stadium Stage at 2023 BIO International Convention<div class="ExternalClassE19C6FED6E6946BEBEC53294FBC519BC"><p>​Phoenix-based start-ups <a href="https://electratect.com/">ElectraTect</a>, <a href="https://www.faknostics.com/">FAKnostics</a>, and <a href="https://www.referencemedicine.com/">Reference Medicine</a> are among the 50 global companies selected to participate in the highly acclaimed <a href="https://www.bio.org/events/bio-international-convention/start-stadium-2023">Start-Up Stadium</a> at the <a href="https://www.bio.org/events/bio-international-convention">2023 BIO International Convention</a>. This unique platform provides seed-stage companies with an invaluable opportunity to interact with influential investors and receive feedback that will contribute to their journey toward success.</p><p>Competing on the Start-Up Stadium stage opens avenues for these start-ups to connect with key players in the investment community, venture philanthropy groups, and strategic partners, and gain access to previously unreachable capital.</p><p>"Companies are flocking to Phoenix, making it number one in life science job growth among the nation's emerging life science markets," said Mayor Kate Gallego. "The bioscience health care workforce has increased by over 60% since 2008, which drives our economy forward. Watching businesses such as ElectraTect, FAKnostics, and Reference Medicine take the global bioscience stage and represent Phoenix is exciting."</p><p>This year's BIO International Convention, set to take place from June 5-8 in Boston, Massachusetts, aims to promote collaboration between large corporations and fledgling businesses in the biotechnology industry. Representing the City of Phoenix Pavilion (booth #3035) are nearly 30 companies and organizations. Attendees are encouraged to visit the City of Phoenix Pavilion at the 2023 BIO International Conference.</p><p>"As America's fifth-largest city, we are also one of the top 10 places for start-ups, driving our bioscience industry forward at rapid speeds," said the City of Phoenix Community and Economic Director, Christine Mackay. "Investors from across the globe are doubling down on their commitment to bioscience in Phoenix. I'm confident that the emerging life science opportunities and extraordinary innovation ecosystem in Phoenix will only continue to thrive. Our delegation is the best of the best, and we are ready to show off all Phoenix has to offer at BIO 2023."</p><p>These Phoenix-based biotech start-ups, selected as finalists, are working on groundbreaking projects.</p><p>"We are thrilled to have the opportunity to present at Start-Up Stadium and are excited to share our vision for a world where cancer research isn't stopped by specimen access, but rather, accelerated by it," said Inga Rose, Founder, and CEO, Reference Medicine.</p><p>Similarly, FAKnostics is making a mark in cancer therapeutics.</p><p>"We are extremely excited to have this chance to present our science on groundbreaking cancer therapeutics and detection of highly aggressive cancers," said Timothy Marlowe, PhD, Chief Scientific Officer, FAKnostics, LLC. "FAK is a protein found in 80% of all cancers and FAKnostics has pioneered a brand-new way to design drugs that inhibit FAK, which represent the first of its kind. This is an excellent opportunity to meet prospective investors that want to bring revolutionary medicines to cancer patients in need."</p><p>Making waves in innovation, ElectraTect among those selected this year.</p><p>“EelctraTect is honored to be selected among the hundreds of applicants to present at Start-Up Stadium and represent the budding biotech start-up hub in Phoenix," Dr. Christina Forbes, Senior Scientist.</p><p>The Start-Up Stadium will distinguish evaluations of start-up company finalists who have raised less than $1M from those of emerging company finalists who have secured more than $1M but less than $10M to date. Winners will be identified in both categories. Previous winners have reaped benefits such as "fast-track" admission review to incubator programs at the <a href="https://www.illumina.com/company/illumina-for-startups/accelerator-program.html">Illumina Accelerator</a> and <a href="https://innovationspace.org/">The Innovation Space</a>, along with complimentary one-year memberships in the <a href="https://www.bio.org/events/bio-international-convention">Biotechnology Innovation Organization</a>, inclusive of access to cost-saving programs of <a href="https://www.bio.org/save/business-solutions">BIO Business Solutions</a>.</p><h3>About the Phoenix Start-ups:<br></h3><p><a href="https://electratect.com/">ElectraTect, Inc.</a> is developing a solution to one of society's most recent problems – marijuana detection. Like alcohol, marijuana use can impair the operation of any vehicle. ElectraTect's breathalyzers detect tetrahydrocannabinol (THC), the primary psychoactive compound in marijuana. The device would use electricity and an oxidation reaction to detect levels of THC. Police would employ the breathalyzer roadside, with the long-term goal of the device being accessible for the public to use in the home.</p><p><a href="https://www.faknostics.com/">FAKnostics, LLC</a> is a research leader in therapeutic development with core competencies in pharmacology and drug discovery. FAK (focal adhesion kinase) is a cytoplasmic protein tyrosine kinase that is over-expressed and activated in several advanced-stage solid cancers. Over the last four years, FAKnostics has developed a focus on structure-based drug design to complement and extend cancer biology capabilities. In the future, FAKnostics plans to continue the development of FAK-related drugs to provide new therapies for cancers and other diseases that lack effective treatment options.</p><p><a href="https://www.referencemedicine.com/">Reference Medicine</a> was founded by researchers who were tired of traditional biospecimen sourcing getting in the way of science. Reference Medicine makes it easy to find the specimens you need at a fraction of the cost - so your team can get on to building the next big thing in healthcare.</p><h3>About Phoenix:</h3><p>Phoenix is the fifth-largest American city, home to 1.7 million people. The most populous state capital, it was named the 2017 “Highest Performing City" by Governing Magazine. Key industries include advanced business and financial services, technology, health and life sciences, hospitality, and advanced manufacturing. At 517 square miles, with world-renowned mountain trails and opportunity for diverse lifestyles, Phoenix has the shortest average commute times among the 12 largest U.S. metropolitan areas. Founded in 1868, Phoenix's wild-west roots grew to host major events in a dynamic downtown for the Super Bowl, NCAA championships and music festivals. Community and accessibility have made Phoenix a top market for bioscience, semiconductor manufacturing, retail, and so much more. For more information, visit <a href="file:///C:/Users/077120/AppData/Local/Microsoft/Windows/INetCache/Content.Outlook/B5ICQ230/investinphoenix.com/industries/bioscience-healthcare">investinphoenix.com/industries/bioscience-healthcare</a>.​<br></p><p><br></p><p><strong>Media Contact:</strong><br>Athena Sanchez, Interim Communications Manager<br><a href="mailto:athena.sanchez@phoenix.gov/">athena.sanchez@phoenix.gov/</a> +1 602 621 0507​​<br></p></div>Three Innovative Phoenix Biotech Businesses Secure Spot in Prestigious Start-Up Stadium Stage at 2023 BIO International Conventionhttps://www.investinphoenix.com/Lists/News/Attachments/8/Phxstartups-bio23.jpg5/25/2023 3:03:39 PM
All Our New Neighbors; They’re Not Just From L.A.https://www.investinphoenix.com/news/6All Our New Neighbors; They’re Not Just From L.A.<div class="ExternalClassFC814BC53F714D7786D1BEFF08BDAF7B"><p><strong>​Say “hello" to more than 230,000 new Phoenix neighbors. There are even more on the way, as Arizona continues its rapid population growth into 2022.</strong></p><p>When you hear about all these people making Greater Phoenix their new home, do you wonder where they are moving from? </p><h3>The Top Migration S​​ou​​rces for Gr​​eater Phoenix</h3><p>The U.S. Census Bureau recently released data covering five years of migration patterns from its 2020 American Community Survey. </p><p>Topping the list for new Phoenicians was the Los Angeles-Long Beach-Anaheim, California metro area. More people moved into Greater Phoenix from L.A. than the entire population of El Mirage. Just about 38,000 Angelinos chose to make Phoenix their new home. The more than 11,600 people moving north from Tucson put that metro second on the list.</p><p>Asian countries were the third-largest group, with over 10,500 people moving to Phoenix, almost the same number as the combined total of Central American, Mexican and Canadian immigrants coming to the Valley.</p><p>Anyone wondering why the Cubs sell out all their spring training games and why so many Chicago- restaurants open in Phoenix needs to look at Windy City's contribution to Phoenix's nation-leading population growth. The Chicago metropolitan area, which includes counties in Indiana and Wisconsin, was the fourth-largest contributor of new residents, with almost 8,000 people leaving Lake Michigan snow for Sonoran desert sunshine.</p><p>Central America (not including Mexico) ranked fifth, adding nearly 7,000 people to the Greater Phoenix population. Other metropolitan areas rounding out the top ten include Seattle, San Diego and Riverside, California, Flagstaff, and the combined totals from Mexico and Canada (the Census Migration Report does not separate the countries but instead combines them as “Northern America").</p><h3>The Migration Pat​ter​​ns Are Not a Surprise<br></h3><p>None of these migration patterns comes as a surprise to Phoenix Mayor Kate Gallego. “Phoenix is a city full of opportunity. People come here to improve their lives," said the Mayor. “Large businesses are finding we have well-trained professionals in key industries like biosciences, engineering, and green energy. Small businesses are finding the support and resources they need to grow and thrive. Our new neighbors like the job opportunities, the accessible outdoor life, and the kind of welcoming neighborhoods that make them feel right at home." </p><h3>Arizona Continues Fast ​​Populatio​​n Growth</h3><p>Even though the 2020 Decennial Census numbers have hardly been digested, the U.S. Census Bureau released its 2021 state population estimates on December 21. The new data projects Arizona will grow by nearly 100,000 people in 2021 over 2020, making the state the third fastest-growing. Only Texas and Florida added more people than the Grand Canyon State. Arizona continues to rank 14th nationally in population.</p><p>Over the last three national census counts, seven out of ten new Arizonans moved into Greater Phoenix, a percentage that has increased each decade. When Census 2021 county and metropolitan area population estimates are released in March 2022, it is likely that the Valley will once again top the nation in population growth.</p><p>“This data affirms what we are seeing in the market every day," said Christine Mackay, Phoenix Community and Economic Development Director. “We are excited to continue to see impacts of Phoenix's business environment, large workforce and quality of life in the attraction of new businesses and jobs into our community."​<br></p><p><br></p><p><strong>Media Contact:</strong><br>Athena Sanchez, Interim Communications Manager<br><a href="mailto:athena.sanchez@phoenix.gov/">athena.sanchez@phoenix.gov/</a> +1 602 621 0507​​<br></p></div>People moving in to their new homehttps://www.investinphoenix.com/Lists/News/Attachments/6/AdobeStock_282399192.jpg2/3/2023 11:30:35 PM
Phoenix Adds Nearly 90,000 Jobs in February Year-Over-Year Numbershttps://www.investinphoenix.com/news/5Phoenix Adds Nearly 90,000 Jobs in February Year-Over-Year Numbers<div class="ExternalClassD7085C6F13A149129CBD25B0A23F78B8"><p>​Greater Phoenix added nearly 90,000 new hires over the past year, according to the latest employment reporter from the Arizona Office of Economic Opportunity. The metropolitan area unemployment rate continued to fall, dipping to 3.1 percent, down 0.1 percent from January and down from 6.7 percent a year ago.<br></p><p>Most hires took positions in the food and beverage industry sector reflecting seasonal hiring, increased tourism and more new restaurants opening this year than last February. Nearly 21,000 new positions were filled in the sector.</p><p>Retail hiring was also strong with almost 15,000 new hires compared to last year. </p><p>Professional, technical and scientific positions placed third, in a strong showing once again. More than 12,000 new positions were filled in the sector over the past year. The professional sector has been among the top three hiring sectors for the last five months in a row. This is the first time in the last five years the sector has had so many consecutive months of significantly increased hiring.</p><p>Jobs in the scientific sectors reflect Phoenix's nation-leading position in life sciences hiring, according to the CBRE 2022 Life Sciences market report.</p><p>Arizona's unemployment rate dropped to 3.6 percent, down from 3.7 percent in January and 6 percent a year earlier. The state added nearly 127,000 jobs in year-over-year comparisons with 30 percent of jobs statewide landing in areas other than Greater Phoenix. Dining and retail showed the greatest growth statewide outside the Phoenix metropolitan area.</p><p>Manufacturing hiring continued its Greater Phoenix growth adding 5,400 jobs compared to February 2021 and outstripping construction hiring again. Another 7,500 jobs were added in health care hiring.</p><p>Greater Phoenix continues to be among the strongest markets for hiring compared to other major metropolitan areas around the country, according to data from the U.S. Bureau of Labor Statistics.​<br></p><p><br></p><p><strong>Media Contact:</strong><br>Athena Sanchez, Interim Communications Manager<br><a href="mailto:athena.sanchez@phoenix.gov/">athena.sanchez@phoenix.gov/</a> +1 602 621 0507​​<br></p></div>Interviewee accepting jobhttps://www.investinphoenix.com/Lists/News/Attachments/5/AdobeStock_364843654.jpg2/3/2023 10:51:29 PM
Phoenix Hits The Top 5 in Small Business Wage Gainshttps://www.investinphoenix.com/news/4Phoenix Hits The Top 5 in Small Business Wage Gains<div class="ExternalClass7832515722AA40F98D6C1E76F40E301E"><p>​A 4.7 percent average gain in weekly small business earnings placed Phoenix fifth in the nation for year-over-year wage growth in the March 2022 Paychex IHS Markit Small Business Employment Watch.</p><p><span style="text-align:center;">Metro area average weekly earnings approached $993, just shy of the western states' average of $1,036. Phoenix's average small business hourly wage climbed 5.1 percent to $29.70 when comparing March 2022 to March 2021, ranking seventh among metropolitan areas in the U.S.</span></p><p>Paychex IHS Markit publishes a monthly report based on data collected from companies using Paychex to manage small business payrolls. Phoenix small businesses have been pushing up the average paycheck over the past year.</p><p>Last March, the Valley ranked 17th when compared to March 2020, with an average weekly wage of $930. By July 2021, year-over-year data showed the average weekly earnings moved up to $949. By December, the average small business weekly wages hit $963, and Phoenix moved into the top ten among U.S. metro areas.</p><p>Arizona ranked fourth in the nation with small business upping weekly wages by 4.5 percent over last year. The statewide average wage is $946 per week. The average U.S. small business pays $29.99 per hour, still more than the Phoenix metro area. Statewide the average is $28.63.​<br></p><p><br></p><p><strong>Media Contact:</strong><br>Athena Sanchez, Interim Communications Manager<br><a href="mailto:athena.sanchez@phoenix.gov/">athena.sanchez@phoenix.gov/</a> +1 602 621 0507​​<br></p></div>Small Businesshttps://www.investinphoenix.com/Lists/News/Attachments/4/AdobeStock_Licensed-265809361.jpg2/3/2023 10:49:50 PM
Phoenix Promise Scholarship Application Portal Now Open For Studentshttps://www.investinphoenix.com/news/3Phoenix Promise Scholarship Application Portal Now Open For Students<div class="ExternalClass2043BCDA57594173890685F6FAE293BB"><p>Online applications are being accepted for Phoenix Promise scholarships to attend Maricopa Community Colleges. </p><p>The $5-million scholarship program from the City of Phoenix provides scholarship and student support funding to around 400 Phoenix residents pursuing two- and four-year degrees at Maricopa Community College. The Phoenix Promise program, administered through Maricopa Community Colleges Foundation, is using American Rescue Plan Act funding, to support eligible residents. </p><p>“Phoenix's future is strengthened by partnerships that ensure today's students have the best skills and are positioned for promising careers, including those in semiconductors, electric vehicles, healthcare, and computer technology advancement," said Phoenix Mayor Kate Gallego. “This program with Maricopa Community Colleges will help hundreds of students overcome barriers and access degree programs, delivering top talent to growing industries in Phoenix."</p><p>Applications can be submitted online at <a href="https://maricopa.edu/phoenix-promise" style="text-decoration:underline;"><strong>Maricopa.edu/Phoenix-Promise</strong></a>. The application deadline for the Spring 2023 semester is October 31, 2022.</p><p>“The Phoenix City Council's unanimous August 31st approval of this program demonstrates their support for this program and the City's commitment to grow and maintain an experienced and educated workforce," said LaSetta Hogans, Executive Director of Phoenix Business and Workforce Development Board, the body that oversees the city's Workforce programs, including Arizona@Work-Phoenix. “Companies looking to grow and locate in Phoenix say talent is their number one reason for selecting a location. Phoenix Promise is for both our career-bound residents and growing companies in search of talent.</p><p>To be eligible for Phoenix Promise scholarships, students must be current Phoenix residents eligible for Arizona in-state tuition and have graduated from high school or obtained a GED/High School Equivalency. Applicants must demonstrate financial need through receipt of a Pell Grant or being part of a household qualifying for certain federal assistance programs. Students must be enrolled in a minimum of six credit hours per semester.</p><p>Complete details of the program and eligibility requirements are on the website. <br></p><h3>Complete Eligibility Requirements</h3><p>Each applicant must meet these requirements:</p><ol><li>Be a current resident of Phoenix at the time of application, who qualifies for Arizona resident tuition, registration, and fees</li><li>Attend a Maricopa Community College in the coming academic year</li><li>Demonstrate financial need: </li><li>Qualify for a Pell Grant as determined by the Free Application for Federal Student Aid; or</li><li>Be in a household that qualifies for certain federal programs, such as Free and Reduced Price School Meals Program, Supplemental Nutrition Assistance Program, or Temporary Assistance for Needy Families</li><li>Be a high school graduate, or have obtained a state-accredited General Educational Development Credential or High School Equivalency</li><li>Enroll in a minimum of 6 credit hours per semester at any Maricopa Community College</li><li>Enroll in a credit program leading to a two- or four-year degree</li><li>Maintain Satisfactory Academic Progress while enrolled at a Maricopa Community College</li></ol><p>After the above-listed qualification are met, priorities may be assigned to applicants who are:<br></p><ul><li>Graduates from high school since Spring 2020;</li><li>First-Generation college students;</li><li>Single parents;</li><li>Veterans; and/or</li><li>Residing in a historically under-served area known as a Qualified Census Tract</li></ul><h3>Statements from the Phoenix City Council</h3><p>Vice Mayor Laura Pastor, District 4</p><p>“Long before I was councilwoman or vice mayor, education was fundamentally important to me," said Vice Mayor Laura Pastor. “Having served in roles from teacher to school board member, I have a first-hand perspective on the importance of every person's access to affordable education. I am thrilled to see our Phoenix City Council pass this Phoenix Promise Program – offering tuition assistance to Phoenix residents attending Maricopa County Community College District schools." </p><p>Councilwoman Yassamin Ansari, District 7</p><p>“As a daughter of immigrants who heavily emphasized access to education as a pathway to personal and generational resiliency, I want to equip every young person in my district with the opportunity to pursue any level of education that could benefit their future and our entire city," said Councilwoman Yassamin Ansari. “More importantly, I'm going to push for an aggressive outreach campaign that reaches young adults who might have lost that opportunity during the pandemic. With this major investment, Phoenix is showing we're focused on proactively addressing inequalities in educational attainment and building strong, sustainable pathways for economic vitality."</p><p>Councilmember Carlos Garcia, District 8</p><p>“As a proud product of community colleges, I am really excited about this opportunity for students," Councilmember Carlos Garcia said. “In conversations with both the colleges and students, it was evident that there were needs beyond just tuition, and the Phoenix Promise Program can now fill those gaps. I am glad that these funds will be able to be used for childcare, food, and other academic support."</p><h3>Statements from Maricopa County Community Colleges leadership</h3><p>Dr. Steven R. Gonzales, Chancellor, Maricopa County Community Colleges District</p><p>“The Maricopa County Community College District is proud to lead the way in providing access to affordable, high-quality education for City of Phoenix residents.  Through the Phoenix Promise Program, eligible students will benefit from critical funding that will support their educational journeys.  This partnership aligns with our System's mission in that it works to dismantle the financial barrier that many low-income families face when determining if post-secondary education is within their reach.  I thank City of Phoenix leadership Mayor Kate Gallego, Vice Mayor Laura Pastor, Councilwoman Yassamin Ansari, and the Phoenix City Council for investing in our student's futures."</p><p>Brian F. Spicker, President and CEO, Maricopa Community Colleges Foundation</p><p>“The Phoenix Promise Program underscores the role the community colleges play in contributing to the wellbeing of the community and ensuring we have a pipeline of successful graduates entering the workforce, who are prepared for 21st-century employment. As a longstanding partner, the City of Phoenix continues to support the Foundation's vision with this program by making post-secondary education affordable and accessible for those Phoenix residents who are most in need."<br></p><p><br></p><p><strong>Media Contact:</strong><br>Athena Sanchez, Interim Communications Manager<br><a href="mailto:athena.sanchez@phoenix.gov/">athena.sanchez@phoenix.gov/</a> +1 602 621 0507​​<br></p></div>Phoenix Downtown Developmenthttps://www.investinphoenix.com/Lists/News/Attachments/3/111W-20170712-111-W-Monroe-St-Building-(Sunset).jpg11/16/2022 12:24:18 AM
Super Bowl LVII Small Business Permitting and Licensing Workshophttps://www.investinphoenix.com/news/2Super Bowl LVII Small Business Permitting and Licensing Workshop<div class="ExternalClass8B27047C242B4C93A348CF46301643D5"><p>Learn about the permits and licenses needed by small businesses for food sales, signs, street and sidewalk vending, public assembly and special events during Super Bowl LVII in 2023. City of Phoenix and Maricopa County staff explain how to apply and when to file the required applications.</p><p>Workshop was hosted by the City of Phoenix, Downtown Phoenix, Inc., and the Arizona Super Bowl Host Committee.​<br></p><p><br></p><p><strong>Media Contact:</strong><br>Athena Sanchez, Interim Communications Manager<br><a href="mailto:athena.sanchez@phoenix.gov/">athena.sanchez@phoenix.gov/</a> +1 602 621 0507​​<br></p></div>State Farm StadiumImage Credit: State Farm Stadiumhttps://www.investinphoenix.com/Lists/News/Attachments/2/South Loop Road 1.jpg11/16/2022 12:23:33 AM
Greater Phoenix GDP More Than Doubles National Post-Pandemic Economic Growthhttps://www.investinphoenix.com/news/1Greater Phoenix GDP More Than Doubles National Post-Pandemic Economic Growth<div class="ExternalClass2D4367E43F994AECBC98A2F990023AAD"><p>Greater Phoenix saw its annual gross domestic product climb 7.7 percent since 2019, the last full economic year before the pandemic, according to the Bureau of Economic Analysis and its 2021 County GDP Report released Dec. 8. The metro area's growth rate was more than twice the national average for the same period, 2.9 percent, and almost a full percent higher than the state's growth.<br></p><p>The Greater Phoenix GDP includes data for both Maricopa and Pinal County. The Maricopa County GDP grew 7.6 percent between 2019 and 2021, and Pinal clocked in with an 11.6 percent jump, more than three times the national average. Greater Phoenix accounts for over 75 percent of the 2021 Arizona GDP.</p><p>The Phoenix-Mesa-Chandler metropolitan area posted a 2021 GDP of $261.7 billion compared to $242.9 billion in 2019. Despite the pandemic's economic impact, the metro area GDP grew 0.8 percent to $244.9 billion in 2020 over 2019. Arizona's GDP last year was $347.7 billion, compared with $325.4 billion in 2019.</p><p>Greater Phoenix stood tall in its economic growth compared to other major U.S. counties. The five New York City boroughs showed two with negative GDP and the largest, New York County (Manhattan), posting a 1.6 percent increase in 2021 over 2019. Los Angeles County's growth was 1.7 percent, and Chicago less than one-half of a percent growth over the same period. Harris County, Texas (Houston), had 1.4 percent negative growth.<br></p><p><br></p><p><br></p><p><strong>Media Contact:</strong><br>Athena Sanchez, Interim Communications Manager<br><a href="mailto:athena.sanchez@phoenix.gov/">athena.sanchez@phoenix.gov/</a> +1 602 621 0507​<br></p></div>GDP in Phoenix Metrohttps://www.investinphoenix.com/Lists/News/Attachments/1/NEWSROOM-20221212-gdp-2021-2019.jpg11/16/2022 12:22:17 AM