Industries across America are changing, especially when it comes to energy sources. So, when news broke that the Navajo Generating Station might shut down in just a few years, it wasn’t too much of a surprise.
Gov. Doug Ducey unveiled his budget proposal on Friday for the upcoming fiscal year. The $9.8 billion plan includes around $176 million in new money that would go to K-12 education, that’s the largest share of new spending.
Research by commercial real estate firm CBRE says more than 1.3 million square feet of new retail space opened across the Valley last year. That’s more than the double the year before, but still a fraction of the pre-recession peak.