Business News

2024 has been a transformative year for Downtown Phoenix. For Downtown Phoenix Inc. (DPI), the past twelve months can be defined by significant milestones that emphasize our mission and unwavering dedication to cultivating a dynamic and innovative urban core.

Don’t call it a comeback; call it a reinvention. The Pemberton quickly became known as a one-of-a-kind community retreat in the Valley. Lush landscaping, local retailers, diverse food truck-style cuisine, and a highly memorable experience for many summed it up. So, why did it close?

Downtown Phoenix has experienced a year of remarkable growth as the area continues to evolve--with an impressive lineup of new businesses and concepts adding to the urban core.

Get new ideas on how to create an energized workplace where people want to spend hours working inside

Brian Cassidy of CCBG Architects has shaped Downtown Phoenix for over 30 years, from key projects to founding the Warehouse District Council. His efforts continue to drive the area's revitalization and future growth.

For 40 years, Phoenix Community Alliance (PCA) has championed the revitalization of Downtown Phoenix. With billions in investment, PCA continues shaping the city's future through advocacy, partnerships, and community impact.

Downtown Phoenix's culinary and retail scene is expanding with new spots like Cactus Cloud Café, Moon Pie Pizza & Patio, and Lighten Up Laser. From Southern BBQ to vintage cocktails, these openings offer something for everyone!

In 2023, Phoenix voters approved a $500 million GO Bond to enhance parks, libraries, affordable housing, and cultural institutions. This funding will lead to tangible changes in Downtown Phoenix, supporting key projects like the Children’s Museum expansion, Valley Youth Theatre’s new home, and Hance Park revitalization, transforming the city’s landscape for future generations.

Discover how the Diamondbacks’ postseason games sparked a remarkable $107.6 million economic boost for Downtown Phoenix businesses, enhancing revenue and attracting fans from near and far.

David Krietor played a pivotal role in shaping the transformation of Downtown Phoenix. From economic development to aviation and beyond, his legacy is defined by decades of leadership and innovation. Discover his remarkable journey and lasting impact.

Discover how Downtown Phoenix is transforming with innovative developments that prioritize walkability, ground-floor retail, and workforce housing, shaping vibrant communities for future residents in a growing urban landscape.

Once a regal accommodation known as the Imperial 400, Downtown Phoenix’s Friendship Inn Motel has a rich history of modernist design and budget lodging, continuing to serve the community since 1961.

Home2 Suites by Hilton Phoenix Downtown blends modern amenities with historic charm, featuring spacious suites, a full-service bar, and meeting space in a 95-year-old building, perfect for business and leisure travelers.

Explore the vibrant growth in Downtown Phoenix with 16 new businesses, including restaurants, coffee shops, breweries, and more, offering unique experiences for locals and visitors alike.

The Moxy Phoenix Downtown, located in the historic Luhrs Building, combines modern design with eclectic charm. With 164 rooms, vibrant communal spaces, and unique amenities, it’s a new destination in Downtown Phoenix.

In 2023, Phoenix Community Alliance celebrated 40 years of impact with new initiatives, community events, and membership growth, continuing its commitment to Downtown Phoenix's development and collaboration efforts.

Harumi, a Downtown Phoenix staple, has reopened in the 101 North building with a stylish, modern look and expanded menu, featuring signature sushi rolls, cocktails, and a fresh new ambiance.

Discover how NIH is joining the hub, artists and researchers are collaborating, and startups are innovating. From cancer research to art installations, this vibrant ecosystem is transforming healthcare and culture.

Discover how leading architectural firms are shaping Downtown Phoenix's vibrant future! From sustainable designs to innovative collaborations, HKS, SmithGroup, and Dig Studio are transforming the city's landscape.

Larry Lazarus, a longtime Phoenix advocate and zoning attorney, has played a pivotal role in shaping Downtown Phoenix. From leading the Urban Forms Direction Committee to co-chairing the Margaret T. Hance Park revitalization, Lazarus’ influence is felt across the city. His work with Phoenix Community Alliance (PCA) spans over 40 years, helping to create a more vibrant, sustainable, and community-focused Downtown.

Michael Lieb, "King of Infill," helped shape Phoenix Bioscience Core by assembling land for key developments, transforming Downtown Phoenix into a hub for biomedical research and economic growth.

Adaptive reuse breathes new life into Phoenix’s historic buildings, preserving their unique charm while serving modern needs. From event venues to creative workspaces, these transformations honor the city’s past.

Marty Shultz, a key figure in shaping Downtown Phoenix, played an instrumental role in developing projects like the Arizona Center and Human Services Campus. His leadership with Phoenix Community Alliance spans decades of city growth.

Kurt Schneider played a pivotal role in Downtown Phoenix's revitalization, transforming dilapidated properties into thriving spaces like Phoenix Public Market. His legacy continues as a key figure in the community's growth.

Kendra Lee retires after 36 years at APS, leaving a lasting legacy in Downtown Phoenix. From substations to major projects, her work has shaped the city’s infrastructure and vibrant community development.

Downtown Phoenix is rapidly expanding with over 2,300 new residential units in the pipeline, including The Rey’s unique live/work spaces. This surge in housing development marks a transformative shift, making the area a prime destination.

Larry “Lo-Lo” White turned a family legacy into a culinary empire, starting with Lo-Lo’s Chicken & Waffles in 1997. Inspired by his grandmother’s soul food, White’s restaurants serve Southern comfort food and bring people together.

Discover the heart of Downtown Phoenix through "DTPHX In/Flux," a new video series by Downtown Phoenix Inc. and David Wallace Visuals. Celebrating local businesses and their impact on community growth, this series highlights the vibrant evolution of our urban landscape.

Explore IDA on McKinley, the tallest shipping container development in the U.S. This six-story project features 18 eco-friendly apartments, showcasing innovative sustainability practices like rainwater harvesting and solar energy. Discover how Local Studio is redefining urban living!

Downtown Phoenix Inc. has recognized Renaissance Phoenix Downtown Hotel with the inaugural Family Friendly Hotel Award for its commitment to families. The hotel features a public lactation room, the "Milk Den," and a children’s menu, fostering an inclusive atmosphere for parents and children in the city.

Republic Services, Inc. has committed $2 million to the revitalization of Margaret T. Hance Park in Phoenix. Their sponsorship will fund the Republic Services Garden, featuring native plants, shaded seating, and walking paths. This project reinforces the park’s role as a vital urban space.

Explore the fascinating history of the Central Avenue underpass, completed in 1940, as it transformed traffic flow in Phoenix. This Art Moderne structure bridges eras, offering a glimpse into the city’s evolution.

Phoenix is emerging as a thriving startup hub, reshaping its identity with collaborative coworking spaces like Co+Hoots and X Phoenix. Discover how local initiatives foster innovation, community, and economic growth in the Valley of the Sun.

Explore the vibrant culture of Downtown Phoenix through its 25 dynamic Black-owned businesses. From unique eateries to creative spaces, these establishments not only enrich the community but also celebrate its diverse heritage.

Downtown Phoenix is transforming into a vibrant innovation district, blending housing, education, and research. With the Phoenix Bioscience Core at its heart, it's set to enhance connectivity and attract a diverse community of professionals and entrepreneurs.

Hance Park's Fiesta Bowl PLAY area opens, offering 20,000 square feet of fun for all ages in Phoenix.

The historic Merryman Funeral Home in Downtown Phoenix is being transformed into a bar and restaurant by Andrew P. Mirtich, breathing new life into this unique 1937 structure.

During Prohibition, the Security Building's penthouse hosted a secret casino and brothel to fund its completion in Phoenix.

Discover hidden gems and fun facts about Downtown Phoenix, from underground bowling alleys to historic hotels, towering skyscrapers, and vibrant murals.

The Fiesta Bowl donates $2M to revitalize Hance Park with a state-of-the-art playground, splash pad, and more for all ages.

Meet the friendly Downtown Phoenix Ambassadors, ready to assist with directions, recommendations, and more, 365 days a year!

The Clean & Green Team has planted 400 trees in Downtown Phoenix, improving shade, air quality, and beautifying the city!

Devney Preuss appointed as President & CEO of Downtown Phoenix Inc., bringing dynamic leadership to shape the city's future.

Explore Downtown Phoenix's rich history with iconic buildings like the Fry Building, New Windsor Hotel, and Monroe Abbey, each preserving a piece of the past.

The 2008 expansion of the Phoenix Convention Center ignited a chain reaction of development, transforming Downtown Phoenix into the vibrant urban hub it is today.

Learn how Phoenix's first Business Improvement District helped revitalize Roosevelt Row, transforming it into a vibrant urban hub.