Daily News April 15, 2009

Here are the news stories you might find interesting today:

Board focusing on Loop 303 development

Glendale's Citadelle plaza has new owner

Mesa light rail - your chance to weigh in

Long-awaited annexation poised to become reality

Phoenix will seek bids for large-scale solar plant

Glendale's Bead Museum faces closure

Retail Sales Dip Unexpected -- Except by ConsumersOn Tuesday President Obama spoke of "glimmers" of hope for the economy, while Fed chairman Ben Bernanke, speaking separately, also waxed a tad optimistic by noting that there are "tentative signs" that the decline of the U.S. economy is slowing. Bernanke also said that the U.S. is faring better than other train-wreck economies around the world, though he was too diplomatic to put it quite that way, or name any names.

33,502-SQUARE-FOOT BUILD-TO-SUIT FACILITY FETCHES $5.1 MILLIONPHOENIX — Orange, Calif.-based American Technologies has acquired a 33,502-square-foot build-to-suit facility at Parkside Business Center, which is located on the northeast corner of Parkside Lane and 23rd Avenue in Phoenix. Phoenix-based LGE Corp. sold the property for $5.1 million.

The crisis: Timing strategic moves
Timing is key as companies weigh whether to make strategic investments now or wait for clear signs of recovery. Scenario analysis can expose the risks of moving too quickly or slowly.Read more on the McKinsey Quarterly >

Food, energy costs push down wholesale prices
Wholesale prices dropped sharply in March, lessening worries of an inflationary economy, according to the U.S. Department of Labor Producer Price Index.
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Oakland A's owner opens Hyatt Place in Mesa
A prototype Hyatt Place hotel is now open at Mesa Riverview shopping center in north Mesa.
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Embry-Riddle sets up altitude sickness lab
Embry-Riddle Aeronautical University has become the first university in the U.S to establish a simulation laboratory to train pilots for the onset of altitude sickness.
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PRstore aims at small business with first local franchise
The PRstore, a new franchise aimed at helping small businesses with marketing and public relations, has opened on Glendale Avenue in Phoenix.
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Wells Fargo nixes CityScape-Wachovia anchor deal
Wells Fargo & Co. will not be moving into the CityScape office tower being built in downtown Phoenix. (WFC)
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Downtown may get another shopping center
Queen Creek's downtown may soon host another shopping center. Heritage Square is what developers are calling a proposed 107,991-square-foot mall at the southeast corner of Rittenhouse and Ellsworth roads. Of that total, 87,948 square feet is dedicated to stores and 20,043 square feet is for restaurants.
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