Local Business in Brief: Legacy rental community at Prescott Lakes sells for $30.25 million; retail center in PV goes for $3.52 million
A 150-unit rental community located within Prescott Lakes has sold for $30.25 million, according to Cushman & Wakefield, which represented the seller.
Business in Brief: California gas tax repeal campaign seeks federal inquiry
Leaders of a campaign to repeal California’s recent gas tax increase asked the federal government this week to investigate their claims that public resources have been used against them.
Need2Know: Big O Tires in Prescott sells; Spicy Streats moves; That Salad Place is open; new integrative health care facility opening
Jeff Anderson has sold Big O Tires in Prescott to longtime acquaintance Russell Lease.
Business in Brief: Christine Resnick becomes executive director of the Jewish Community Foundation
In 1998, three Jewish leaders, Harold Greenberg, Robert Morris, and Rabbi William Berkowitz, founded the Jewish Community Foundation (JCF) envisioning that it would become the focal point of Jewish philanthropy for the Greater Prescott area.
Need2Know: Krispy Kreme bails on PV; Western Heritage Foundation filling vacancy on Whiskey Row; car wash developments in PV; new Alfonso’s in Prescott
In early July, it was reported that Krispy Kreme had gone through an initial project review process with the Town of Prescott Valley regarding a stand-alone building in the Crossroads shopping center.
Business in Brief: Employment law conference highlights workplace topics
The Prescott Area Human Resources Association (PAHRA) is sponsoring “Hot Topics in the Cool Pines,” a full-day employment law conference on Thursday, Sept. 27, at the Prescott Resort & Conference Center.
State’s jobless rate holds steady at 4.6 percent
The state’s economy continues to be propelled along by people wanting some new place to live or at least to fix up the one they way.
Need2Know: Land development allowed adjacent to ERAU; Dutch Bros opens in Prescott; PV pizza place; Talking Glass
Congressman Paul Gosar unveiled a bipartisan bill in Washington, D.C., last week that, if successful, will allow Embry-Riddle Aeronautical University to develop a 16-acre vacant parcel adjacent to the northeast corner of Willow Creek Road and Heritage Park Road in Prescott.
Brian Bergner promoted to PNN news/sports editor
Prescott News Network has promoted Brian Bergner Jr., current sports editor at The Daily Courier, to PNN news/sports editor. The promotion became effective Sept. 13.
Major plant expansion at Printpack will create 30 new local jobs
Printpack Inc., which manufactures flexible and rigid plastic packaging, has started moving dirt on a $45 million, 38,000-square-foot plant expansion near the west side of its Prescott Valley facility on Second Street, just off Highway 69.
Prescott jeweler in rare company with recent recertification
Prescott jewelry store owner Jim Lamerson is a jeweler’s jeweler — and he’s got the paperwork to prove it.
Need2Know: Dunkin’ Donuts; luxury apartments coming; Burlington; King Kong gone?; Sushi; Raven Café; and Dollar General
Prescott Valley’s much-anticipated new Dunkin’ donuts store appears on track to break ground within the month, according to town officials.
Iconic PV Motel to be demolished to make way for new Circle K
The Prescott Valley Motel’s angular red-arrow sign has flashed a neon welcome to area visitors for more than 50 years. But sometime next year, the motel — and perhaps its iconic sign too — will disappear forever.
Need2Know: Kmart building in escrow; Papa John’s returning to PV?; Sam’s Club draws attention; ‘pink’ thrift store opens; Ft. Knox does U-Haul
The vacant 110,000-square-foot, former Kmart property in Prescott Valley, empty since its closure three years ago, may be closer to changing hands and being redeveloped.
Hilton Garden Inn deal approved despite public resistance
Prescott City Council votes 5-1 to approve development agreement
In what Mayor Greg Mengarelli called “a landmark deal,” the Prescott City Council agreed to a lease agreement this week that is expected to bring a 95-room Hilton Garden Inn hotel to downtown Prescott.
Old Prescott Animal Hospital bites the dust, new PAH facility now open
The old Prescott Animal Hospital building was demolished this week, falling under the wrecking ball in order to make room for an expansion of the parking area for PAH’s brand new, larger facility, which opened Aug. 5.
Need2Know: Slow sales to shutter Ortega’s Traders, Whiskey Row restaurant on the market, and MSCO closing Cortez Street gallery
Ortega’s 6th Generation Traders plans to close its Prescott store after the first of the year.
Highlighting Prescott’s ‘well-kept secret’
Arizona Israel Technology Alliance meeting focuses on local tech potential
With Embry-Riddle Aeronautical University’s cybersecurity expertise as a backdrop, about 20 Israeli entrepreneurs had a business-to-business encounter with their Arizona counterparts this past week.
Need2Know: Comfort Mobility opening new location; Ashley HomeStore coming to Prescott; Synergy Wellness opens PV location
Comfort Mobility — formerly named Canyon Mobility — will be hosting a grand opening of a retail location at 1230 Iron Springs Road on Friday, Sept. 7.
Need2Know: Spirit Halloween open for season; Hertz coming to Prescott; Coldwell Banker buys Windermere Real Estate
Is it Halloween already? Not quite, but retailers are gearing up for it.
Arizona GDP grew 2.5% in first quarter, ahead of national rate
Arizona’s gross domestic product grew by 2.5 percent in the first quarter of 2018, driven by increases in real estate and retail trade, according to a report from the Bureau of Economic Analysis.
California investment firm pays $47,350,000 for The Terraces at Glassford Hill in Prescott Valley
The Terraces at Glassford Hill apartments in Prescott Valley have been sold to California-based Virtú Investments for $47,350,000.
Need2Know: SueAnn’s Apple Pan, Brown Bag Burger, Prescott Firehouse Subs, and Don Walters renamed EVP of Miramonte Homes
Mark and SueAnn Duncan have sold their restaurant, SueAnn’s Apple Pan, at 510 W. Gurley St., after owning it since 2003.
Lineman: ‘Industrial athletes,’ ‘unsung heroes’
With half of U.S. linemen poised to retire, there’s a need for skilled workers to take their place
That song was a romantic ode to a lone worker on the open highway back in 1968, and things have changed considerably since then — a lineman, who may also be a woman, will likely work not for the county, but a power company, like Arizona Public Service Company (APS), or a private contractor.
Arizona predicted to add 540,000-plus jobs by 2026
State economists predict Arizona will add 542,975 new jobs by 2026.
