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‘In Business Dailies’ Most Views Last 30 Days Here are the stories with the most views over the past 30 days (prior to press time) that were features in our In Business Dailies. The In Business Dailies hit email inboxes twice each weekday — at 9:30 a.m. and updated at 4:30 p.m. Sign up today at www.inbusinessphx.com/dailies-signup Government & Compliance | inbusinessphx.com | June 2 2022
City of Phoenix Declares Stage 1 Water Alert and Activates Drought Management Plan City of Phoenix Due to the shortage of water on the Colorado River caused by overallocation, prolonged drought, and climate change, the City of Phoenix has declared a Stage 1 Water Alert and activated its Drought Management Plan.
Photo courtesy of Square One Concepts
Cold Beers & Cheeseburgers on Hot Streak The restaurant industry is about great food, appealing surroundings and happy customers. Recent supply chain issues have impacted the industry with availability — but mainly the actual cost — of food. We’ve been good customers for our suppliers for years; however, when our suppliers see food costs leap, it’s a challenge even for them to tell us that news. A key observation is that with our core team, we can manage almost any challenge. And, of course, it all comes down to the customer. Our customers, new and old, appreciate how hard we’ve worked to keep prices reasonable. The lesson here is to get that strong team in place; restaurateurs need to be good customers to their suppliers and create those relationships — it pays dividends during times of challenge. And always deliver on the promise to the customers. Otherwise, it all collapses. Meanwhile, we continue to pursue growth with three new locations of Cold Beers & Cheeseburgers opening this year: in Maricopa, our first in metro Tucson (Oro Valley), and Downtown Phoenix at Chase Field with the Arizona Diamondbacks. Outside Arizona, we’re looking at Dallas, Las Vegas and Nashville, and hope to be in one of those markets next year.
The Chase Field location will be a complete Cold Beers & Cheeseburgers restaurant experience — and then some. We want to make that especially clear. We will be open seven days a week to serve our customers in Downtown Phoenix, game on or not, rain or shine. We spent some time looking for the right spot downtown. It all came about as we discussed promotional opportunities with the Arizona Diamondbacks. You never know what might come out of a meeting like that. We appreciate Derrick Hall and his team championing our vision. Think of it: On game days, Cold Beers & Cheeseburgers will have live sports energy like no other spot in our system. And on non-game days, customers can enjoy the outstanding views of a major league baseball stadium. We hope it will be a destination dining experience for all our customers because, for baseball fans or any sports fan, like we are, this spot will be special any day of the week. As for our B&B Cocktail Lounge at Chase Field, that will open next year, following our first location open this summer in Old Town Scottsdale. At Chase Field, it’ll have that small, club feel, although open to everyone. Imagine sipping the world’s finest bourbon while watching a live game or simply taking in views of the stadium. —S. Barrett Rinzler, founder and CEO of Square One Concepts
Square One Concepts is also opening several new Bourbon & Bones locations, including a Bourbon & Bones Cocktail Lounge in Old Town Scottsdale that will accommodate larger private dining groups than the nearby restaurant could handle.
Legal & Regulations | Cover Story | June 2022
Your Business & the Law
Attorneys help businesses stay on top of social and regulatory changes by RaeAnne Marsh The upheaval of the past couple of years has required businesses to adapt and adopt a lot of change to survive. Some of this comes from social pressures as attitudes and habits change, and some comes from new regulatory guidelines and requirements. Commercial Real Estate & Development | Cover Story | May 2022
Our Industrial Market Is Booming! How this CRE sector is building jobs & more by RaeAnne Marsh
“We are seeing an industrial technologies renaissance, led by semiconductor companies like Taiwan Semiconductor Manufacturing Company building a massive campus in north Phoenix and Intel expanding with Fab 52 and Fab 62 in the southeast Valley that are driving a whole ecosystem of investment,” says Chris Camacho, president and CEO of Greater Phoenix Economic Council. Commercial Real Estate & Development | inbusinessphx.com | June 2 2022
Game-Changing Phoenix-Based Development Group Purchases First Property...
Thrive Development Group acquires The Shops at Apache Junction inbusinessPHX.com Thrive Development Group, based out of Phoenix, Arizona, recently purchased The Shops at Apache Junction, located at 185 W. Apache Trail. This is the commercial developer’s first commercial real estate purchase since it started in March of this year.
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