Press Release brought to you by Lee & Associates

Lee & Associates - Arizona | Week in Review | Friday, January 2, 2015

12/31/2014


Happy New Year!
From all of us at Lee & Associates

 

 

 

 

LOCAL NEWS

 

Developer still plans on buying land for $1B project in Tempe

A Scottsdale development company – with Chinese backing – still plans on buying land from the city of Tempe for a proposed $1.2 billion mega-development.
PHOENIX BUSINESS JOURNAL

 

$5M Phoenix canal upgrade — crosswalks, art — coming soon

To meet the demands of canal users, Phoenix has announced plans to pour nearly $5 million into upgrades along the Grand Canal in the uptown area. AZCENTRAL

 

West Valley Cities Look to Loop 303 to Spur Development

Loop 303 is being called the West Valley’s freeway to the future. As one of its vital improvement projects begins this month, area residents are bracing for 18 months of construction inconveniences. AZBEX

 

Economist anticipates slow but steady growth for East Valley, state

What should East Valley residents expect from the local and state economies in the near future? One forecaster estimates a little sluggishness in the next 12 months followed by much stronger growth in the years following. EAST VALLEY TRIBUNE

 

Dusty crystal ball: What's in store for Arizona's economy in 2015

So, what's ahead for Arizona's economy in 2015? That's the question economists have been asking and debating since September. PHOENIX BUSINESS JOURNAL

 

NATIONAL & INTERNATIONAL NEWS

 

Minimum wage to rise in 21 states this week
The minimum wage will rise in 21 states in 2015, putting it above the federal pay floor in more than half the USA and highlighting the impact of a national movement to boost the earnings of low-paid workers. USA TODAY

 

The Petrolium Panic and Commercial Real Estate

The shifting of the global tectonic energy plates got me thinking and wondering: What does it all mean globally, for the US economy, and of course for US office real estate?COMMERCIAL TENANT RESOURCE

 

Commercial Real Estate Forecast  Sees Demand In 2015
Improving commercial property fundamentals, a steady stream of offshore capital and an accommodating Federal Reserve interest rate policy will sustain robust property investment in 2015, real estate analysts predict, as buyers keep seeking yield and safe havens in the U.S. INVESTORS.COM

 

   

NOT RECEIVING WEEK IN REVIEW FROM LEE & ASSOCIATES ARIZONA? SIGN UP HERE

FOLLOW US ON FACEBOOK & TWITTER

01/02/2015 - 10:00

Source

Lee & Associates

Want more news about Lee & Associates? Click here