USA TODAY reported that Bloomin’ Brands, the parent company of Outback Steakhouse, Carrabba’s Italian Grill, Bonefish Grill and Fleming’s Prime Steakhouse & Wine Bar, plans to closing 41 of its restaurants.“This decision considered a variety of factors including sales and traffic-trade areas and the investment that would have to be made to improve the restaurants,”…
Net New Home Orders: Increased by 352% in Q4, signaling strong demand.Full Year Revenue: Total revenue of $1.21 billion for the year.Q4 Home Sales Revenue: $379.7 million, with 664 home closings at an average price of $572,000.Q4 Net Income: $12.5 million, or $0.33 per diluted share.Full Year Net Income: $29.2 million, or $0.75 per diluted…
There’s a good reason the population of our state grew at nearly double the national average over the last decade and was ranked among the top five fastest-growing states: Opportunity.But despite our economic growth, the cost of housing is growing way faster than wages.To afford the average single-family home in metro Phoenix, you now need…
A screenshot from a preliminary plat for Elena Trails, a new subdivision on the southeast corner of Murphy and Farrell Roads. D.R. Horton closed the sale last week, according to Walton Global. [Courtesy City of Maricopa] Like it or not, another development is taking the next step towards construction. Texas-based developer D.R. Horton closed on…
QUEEN CREEK, Ariz. , Feb. 27, 2024 (GLOBE NEWSWIRE) — Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced its newest community, Merion Grove, is coming soon to the heart of Queen Creek, Arizona. Merion Grove will showcase award-winning home designs on just 19 expansive quarter-acre-plus home sites for unparalleled indoor/outdoor…
For full immersion in Arizona’s nature and starry sky, Telescope House, the latest offering by architecture studio Wendell Burnette, is the place to be. The retreat was designed to ‘recede into the high-desert Sedona-landscape’, the architects explain in their project description – and looking at its glazed façade and minimalist architecture that allows the lush…
BUFFALO, N.Y. — As Major League Baseball teams spend time in Florida and Arizona preparing for a new season, the Buffalo Bisons got ready closer to home. The Triple-A team on Sunday hosted their second annual spring training carnival at The Powerhouse. Admission was free, hot dogs were $2, and their sales benefitting the Buffalo…
PHOENIX — The Arizona Department of Revenue is auctioning off unclaimed property from abandoned safe deposit boxes this week. Online-only bidding will begin on Wednesday at noon and last through Sunday until 5 p.m., according to a press release. Items up for auction have not been claimed by owners after many years, the department said,…
A new north Scottsdale mansion with almost 50,000 square feet of space, including a huge air-conditioned garage with a bar, elevator, and spots for 54 cars is under construction and for sale. The asking price? $54 million. The half-built house with six bedroom suites and 12 bathrooms is located on four prime acres in the Silverleaf…
With Amkor Technology Inc. securing a development agreement this week for its $2 billion semiconductor assembly and testing facility in northern Peoria — the largest of its kind in the nation — it will have about 2,000 jobs to offer in the coming years.For the northwest Valley, that presents an opportunity for immense economic development…