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Home / Economic development (5)

PICOR Connect | Trends in Commercial Real Estate

Advocating for Commercial Real Estate Interests: Arizona BOMA

Last updated on April 10th 2012

A delegation of BOMA Tucson and BOMA Phoenix members represented member issues as part of Arizona BOMA Advocacy Day in Phoenix last week.  The group included Arizona BOMA President and Cushman & Wakefield | PICOR Property Manager, Mona Deane, who offers this summary of the Arizona legislative office visits.

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5 Hot News Stories Impacting Economic Development

Last updated on March 29th 2012

News stories from the region this week highlight positive economic development activity impacting the commercial real estate market in Tucson. Summaries below cover hiring announcements, development and construction progress, and recent awards and rankings that demonstrate Southern Arizona's stature as a Sun Corridor growth market.

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January Job Growth and the Positive Impact on Commercial Real Estate

Last updated on February 6th 2012

Chief Economist Ken McCarthy of Cushman & Wakefield weighs in on the positive January employment numbers and the critical relevance job creation has on the health of the commercial real estate industry. Read Ken's comments below, and find links to additional research documents at the bottom of the post.

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UA Tech Park's significant economic impact on the region

Last updated on February 1st 2012

The University of Arizona Office of University Research Parks (OURP) has released a new study documenting the economic impact of the University of Arizona Science and Technology Park (UA Tech Park) and its significant contribution to Pima County’s economy.  

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Tucson deserves a great downtown: Tucson Metro Chamber guest post

Last updated on January 18th 2012

Let’s make 2012 the breakthrough year for the commencement of a robust redevelopment of Tucson’s downtown. Cities nationwide have found ways to build attractive and functional urban cores. Tucson can, too. There are several obvious reasons why a vibrant downtown is critical to our city.

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The State of the Housing Recovery in Arizona

Last updated on December 1st 2011

Arizona’s historic reliance on home-building and construction jobs make economic recovery a slower proposition. Conventional wisdom holds that we will not return to those heady days, and the job base must diversify. Why care about Arizona housing if you live and work elsewhere? As global commerce and finance are increasingly interrelated and interdependent, we can't ignore the fact that domestic[…]

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We're Thankful to Live, Work and Play in Tucson

Last updated on November 23rd 2011

Tucson is a glorious place to live, work and play. Like all cities, we have our issues and our detractors, but on the eve of this Thanksgiving holiday, we choose to focus on Tucson's blessings. PICOR grew its business in Tucson and remains locally owned. We are here for the long haul and believe in Tucson's past, present and future. 

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The Sun Corridor's Role in Global Cargo Business

Last updated on November 16th 2011

With aging U.S. infrastructure and an overburdened interstate system, one Tucson property owner is working on creative solutions to increase cargo business through the Port of Tucson intermodal facility at Century Park Business Center.

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Expanding our Competitive Horizon: TREO Guest Post

Last updated on November 10th 2011

To sharpen Tucson’s competitive edge, Tucson Regional Economic Opportunities (TREO) is partnering with other Arizona communities to promote the concept of the “Sun Corridor” to site selectors and C-level business decision makers. The corridor stretches from Yuma to Flagstaff, and both Tucson and Phoenix provide critical assets to TREO’s attraction efforts as well as to the overall promotion to[…]

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Occupying Tucson Buildings: The City Removes a Barrier

Last updated on October 28th 2011

The City of Tucson deserves substantial credit for the way in which they now deal with Certificates of Occupancy (C of O). In the past, challenges obtaining a C of O were significant enough to devalue properties and bankrupt tenants. The current policy places the focus on the building, not on the tenant. Under the new policy, a business owner may now purchase a building and have a reasonable[…]

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