One of the largest venture capital-backed tech companies in Wisconsin is moving its headquarters to Scottsdale. Fasetto Inc., the Superior, Wisconson-based company that developed Forum, a software that allows people to share and join business presentations from anywhere if they have a Wi-Fi-enabled mobile device, is moving to tap into Arizona’s software developer pool.
When it comes to mid-shopping snack breaks or Friday night dinners, shoppers at Scottsdale Fashion Square have quite a few new places to try. Ocean 44, Tocaya Organica, Toca Madera, Pokitrition, Mia Pasta, and Rewind Ice Cream + Tea have all opened within the last year, most within the last few months.
More restaurants are on the way: Nobu, Farmhouse, Zinqué, and two restaurant concepts from Food Networks’ Giada De Laurentiis.
While Nobu and Farmhouse are not expected to open until next year, and Giada’s restaurants at Caesar’s Republic Scottsdale not until 2021, the owners behind Zinqué, a French-inspired concept, Emmanuel and Kristin Dossetti said their restaurant and bar is expected to open soon — really soon.
Insurer Nationwide is paying $83 million to buy state land in north Scottsdale, where it plans to open a regional headquarters that could bring thousands of jobs to the area.
Nationwide Mutual Insurance Co. was the top bidder at a Wednesday auction for 134 acres on the northwest corner of Hayden Road and the Loop 101, the Arizona State Land Department said.
The site is part of a bigger 1,000-acre state land site, where development to bring 5,500 jobs is on the drawing board.
While Scottsdale is ranked as the top spot to find a new job, it’s not the only employment hot spot in the Valley, according to WalletHub.
Two other East Valley cities — Chandler (No. 10) and Tempe (No. 14) — ranked in the top 25 best cities for jobs. Additional Valley cities also fared in the upper echelon of the 182-city rankings with Gilbert (No. 39), Peoria (No. 41), Phoenix (No. 53), Mesa (No. 65) and Glendale (No. 68) scoring well.
Caesars Entertainment Corp. (Nasdaq: CZR), one of the world’s largest casino and resort companies, is looking to open its first non-gaming hotel in the United States in Scottsdale next to Macerich Co.’s Scottsdale Fashion Square.
The 11-story, glass-hotel – to be known as Caesars Republic Scottsdale – will feature 266 rooms and is planned to be built at the intersection of Goldwater Boulevard and Highland Avenue right next to the mall and across the street from the new Ocean 44 restaurant on Macerich property.
Construction is expected to begin in the second half of 2019, with an opening scheduled for 2021. Total development costs were not disclosed.
A 15-acre mixed-use project on tribal land near Scottsdale has received $11.5 million in equity investment to fund development. The project, dubbed The Edge, is planned for Loop 101 and 90th Street on the Salt River Pima-Maricopa Indian Community.
Dan Lupien, principal of Palmer Development Group, the developer of the project, said the project, which will include a four-story office building totaling 210,000 square feet, plus 35,000 square feet of freestanding restaurant and retail space, will cost about $70 million to develop.
Nationwide Realty Investors, the real estate arm of Nationwide Mutual Insurance Cos., unveiled the name and preliminary plans for its new 134-acre mixed-use development in Scottsdale, which will also serve as the company’s regional headquarters.
The development, called Cavasson, will break ground on its first phase next year. It will include several commercial office buildings as well as the new 460,000-square-foot regional headquarters building for Nationwide, multifamily apartments, a six-story parking structure, retail and restaurants, two hotel sites, and significant infrastructure improvements near Loop 101 and Hayden Road.
Alongside its office in Scottsdale, Voya Financial Inc. (NYSE: VOYA) will open a second office in the Phoenix metro area, the company said Thursday. In addition, Voya plans to hire more than 1,000 new employees to fill the new building, which will house a call center, customer and business support, human resources and IT, according to a company announcement. The retirement services, investment and insurance company’s existing office in Arizona is in Scottsdale, at 7337 E. Doubletree Ranch Road. Two hundred employees already work there as part of Voya’s investment management business.
Carter Unger, president of Scottsdale-based Spring Creek Development, submitted plans to the city for SouthBridge 2.0 that would include office space, hotels, retail and restaurants plus residential development, totaling nearly 1.7 million gross square feet. The development would include 282,000 square feet of commercial space, 295 residential units, 333 hotel rooms and 1,528 parking spaces, according to city documents. In total, the project will cost about $700 million to complete, Unger said.
A San Francisco-based tech company has chosen Scottsdale as its first expansion city, with plans to hire up to 300 people.
Sender Inc., which does business as Sendoso, opened its 6,000-square-foot office at the Quad earlier this month at 64th Street and Thomas Road.
GET THE LATEST NEWS
- Arizona Market News
- Brad Cooke
- Casa Grande
- Chris Roach
- Cindy Cooke
- Colliers Cooke Team
- Colliers International
- Deer Valley
- East Valley
- Just Listed
- Knowledge Leader
- Las Vegas
- Market Leaders Report
- Market Report
- Matt Roach
- Metro Light Rail
- MF Pipeline
- Multifamily News
- New Developments
- North Phoenix
- Northern Arizona
- Pipeline Report
- Press Releases
- Queen Creek
- Real Estate Market
- SE Valley
- Week in Review
- West Valley