Article originally posted on tucson.com on November 30th, 2020
Project: Broadway 
ETA: September 2021
Improvement: Increase to six lanes, buffered bike lanes, bus pullout outs, and more pedestrian crossings
Project: Houghton Road
ETA: Late 2021
Improvement: Increase from two lanes to six lanes & Houghton Road Bridge
Project: Oracle Road
ETA: 2023
Improvement: Paving, improving/adding sidewalks, adding lighting and drainage improvements
Project: Ruthrauff
ETA: Late 2021
Improvement: a bridge over the union pacific railroad tracks for motorists.
Click on the link below to see the full article and all of the updates on construction projects: Link ...

Article originally posted on tucson.com on November 23rd, 2020

Tucson has two micro-satellite launch operations, as Vector’s new owners recently announced a restart of operations in Tucson, and Vector’s former CEO has co-founded a new small-rocket space transportation company here. And there’s more to come, including another local startup looking to launch its first ground-imaging satellite in mid-2021.
News of Vector’s apparent resurrection was welcomed by local business and tech leaders, especially Stephen Fleming, a University of Arizona technology leader who has led the Arizona Space Business Roundtable for the past three years. “It’s encouraging, but I’m encouraged by the whole ecosystem here,” said Fleming, who is director of innovation ecosystem at the UA’s new Center for Quantum Networks and executive-in-residence at the UA’s new FORGE business accelerator. “There are half a dozen cities in the country tk ...

Article originally posted on insidetucsonbusiness.com on November 20th, 2020

Despite being hammered by passenger reductions due to COVID, the Tucson International Airport is keeping busy. On Oct. 15, the Tucson Airport Authority broke ground on a $300 million Airfield Safety Enhancement project, which involves reconstruction of a runway, new taxiways, installation of aircraft guidance systems and a modernization of the airfield to meet current Federal Aviation Administration design standards. Depending on FAA funding, the project is planned to finish in three to five years. 
Click on the link below to see the full article: Link ...

Article originally posted on wallethub.com on Sept 30th, 2020
The employment market continued to recover in August, as the latest jobs report shows that the national unemployment rate has fallen to 8.4%, which is 43% below the peak of 14.7% during the height of the COVID-19 pandemic. Tucson is currently at 6.60% unemployment rate which is in the top 20 nationally for cities with the lowest unemployment rate.
Click on the link below to see the full list and where other Arizona cities rank: Link ...

Article originally posted on azbigmedia.com on September 2nd, 2020
The change in house prices between the second quarters of 2019 and 2020 was 5.4 percent in the nation, with Idaho home prices rising the highest at 10.8 percent followed by Arizona home prices at 9.1 percent. Phoenix and Lake Havasu City-Kingman were among the top 20 metropolitan areas for one-year house price appreciation in the second quarter. Phoenix ranked 11th with a 7.2 percent increase and Lake Havasu City-Kingman ranked 13th with a 7.0 percent increase. Over-the-year home price changes in other Arizona metropolitan areas were 5.7 percent in Flagstaff, 5.6 percent in Prescott Valley-Prescott, 4.2 percent in Sierra Vista-Douglas, 6.2 percent in Tucson, and 4.9 percent in Yuma. The index for all 242 metropolitan areas includes both purchase and refinance mortgages.
 
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