Economic Growth

It began as a whisper across the industrial corridors of Coolidge and Phoenix—talk of transformation, opportunity, something monumental. In Arizona, where innovation and ambition converge beneath vast desert skies, that whisper has become a resounding declaration. Lucid Motors, the pioneering electric vehicle manufacturer renowned for redefining luxury EVs, has announced a significant expansion. And it’s not happening across the country or the globe; it’s unfolding right here, in Arizona’s own backyard. Lucid is acquiring Nikola Corporation's former manufacturing and development facilities in Coolidge and Phoenix, pending court approval. This strategic move adds more than 884,000 square feet to Lucid's Arizona footprint—space soon to be alive with innovation, energy, and boundless possibility. ​ But this story isn’t just about buildings or square footage. It’s about people. It’s about momentum. It’s about what happens when vision meets action in a state poised to ascend.

Fashion is more than just clothing; it’s an extension of identity, confidence, and personal expression. Few designers understand this better than Sarah Jones, the creative force behind the Sarah Jones Collection. With a background in fashion illustration and years of experience as a professor at the University of North Texas, Sarah has blended her technical expertise with a deep understanding of personal style to craft garments that are as versatile as they are stunning. Now, she’s bringing her custom collection to Arizona, offering a one-of-a-kind experience for fashion enthusiasts with an exclusive trunk show featuring limited edition fabrics, personalized fittings, and a Champagne & Shopping experience.

It’s February 14th, and Arizona’s 113th birthday is here! Officially admitted as the 48th state of the U.S. on Valentine’s Day 1912, Arizona has come a long way since its early days, becoming a top destination for newcomers and a major player in the nation’s economy. While the world is celebrating love today, let's talk about why Arizona deserves some extra affection.

The cancellation of KORE Power’s $1 billion lithium-ion battery manufacturing plant in Buckeye, Arizona, has left a major economic void in the city. Once poised to bring thousands of jobs and spark significant infrastructure growth, the site now presents a new opportunity for Buckeye’s future. While the setback is substantial, it also opens the door for innovative, long-term development strategies—strategies that could diversify Buckeye’s economy and put it on a path to continued prosperity.

Arizona is emerging as one of the nation’s most attractive destinations for both businesses and residents, evidenced by its rise to 6th place in the 2024 U-Haul Growth Index, up from 8th in 2023 (U-Haul, 2025). This shift reflects a growing influx of newcomers, driven by the state's economic advantages, but also underscores the complex dynamics that come with rapid expansion.

Imagine ghost towns transformed into campgrounds, new businesses taking root in neglected areas, and cutting-edge tech hubs replacing abandoned factories. These are just some of the possibilities unlocked by Opportunity Zones, a program breathing new life into communities nationwide. In Arizona, where growth and innovation are at an all-time high, Opportunity Zones are creating an exciting pathway for economic revitalization. I sat down with Tommy Dobczyk, the Buckeye OZ Fund's development director, to learn how this program shapes Arizona's future and why it's worth attention.

Site Selection Magazine has named Maricopa County #1 county in the U.S. for economic growth. This isn't just a title—it reflects big job gains and major business investments from January 2023 to March 2024. Let's dive into how all this growth is transforming the housing market in Maricopa County.