For the second consecutive year, Arizona State University is the nation’s most innovative school, according to U.S. News & World Report rankings.
The widely touted list compares more than 1,500 institutions on a variety of metrics. The latest review, released today, is based on a survey of college presidents, provosts and admissions deans around the nation. ASU has taken the top spot in each year the innovation category has been considered.
Tempe jumped up in rankings for its college experience, snagging the No. 1 spot for the best college town in the nation, according to analysts by research agency Livability.
In a study looking at college towns around the nation, Livability analysts determined the top contenders by exploring areas with a high concentration of schools and a healthy education population. In 2015, Tempe ranked fifth.
The two organizations with more than 40,000 employees working in the state of Arizona, the state itself and hospital operator Banner Health, finished 1-2 when the Phoenix Business Journal today published its annual Largest Employers list.
The list was ranked by number of full-time equivalent employees in Arizona and the state of Arizona reported a total of 42,687, down more than 8,000 from last year. Banner Health reported a total of 40,226, up nearly 5,000 from 2015. Wal-Mart Stores Inc., which operates 127 stores in Arizona, was ranked third with 34,350. The top three were ranked in the same order in 2015.
With its population up by 2% in 2015, apartment demand in Phoenix is also on the rise. Rents jumped 5.9% year-over-year and Ten-X projects that will continue through 2018. The city’s metro area is booming with job growth up by 3.5%, its professional and finance sectors jumping to 6.4% in year-over-year growth.
Phoenix Children’s Hospital was the only pediatric hospital in Arizona to make the U.S. News & World Report’s Best Children’s Hospitals list.
This is the sixth year in a row that PCH made the list, but it’s the first time it ranked in all 10 of the publication’s medical specialties.
Downtown is currently experiencing more growth than in its entire history, with $500 million in construction projects and more than $4 billion in total investments since 2008. This year, it ranked 11th on Forbes’ list of fastest-growing cities in America and is projected to be the fourth largest US city by 2020.
Additionally, City Observatory just released an update on its report “Surging City Center Job Growth,” which was originally released last year. The 2015 report found that from 2007 to 2011, urban cores overtook the suburbs in terms of job growth. Today, suburbs are outpacing city cores in terms of job growth but urban cores remain in a much stronger position than during the previous economic expansion. The persistence of this pattern suggests that the dramatic decline in job sprawl in suburban areas from 2007 to 2011 was not simply a temporary result of the recession, but is enduring through the current economic recovery.
The apartments at Crescent Scottsdale Quarter, completed just a year ago as part of the mixed-use Scottsdale Quarter, rose straight to the top of the 2016 version of Phoenix Business Journal’s Exclusive Apartments list, which was published today.
Using information provided by multihousing industry authority Yardi Matrix, the list was ranked by maximum rent for a one-bedroom apartment. Crescent Scottsdale Quarter’s maximum rent for a one-bedroom apartment was $2,297. Second on the list, with a max rent of $2,001, was the Citrine apartment complex near the east end of the Camelback Corridor. Third on the list was the Broadstone Waterfront, at $1,971 max per month.
Phoenix-based Alliance Residential Co. again ranks first on the list of national apartment developers, according to the National Multifamily Housing Council’s annual tally.
Alliance ranked first last year. The top 25 list also includes Scottsdale-based Wolff Co. at No. 17 and some well-known developers, such as Trammell Crow, Lennar and Wood Partners with real estate footprints in the Valley.
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