Dignity Health intends to build a medical office building in Folsom Ranch Corporate Center, and the mayor says access to high-quality healthcare is vital to Folsom's quality of life, economic investment and job creation.

The co-working company and Armada Hoffler Properties have mutually agreed terminate the two-story, 69,000-square-foot lease.

The pandemic struck at the worst time for Phoenix hotels, but a diverse tourism market and little reliance on convention business will fuel a swift recovery.

Block 10 is designated as a "opportunity zone" project, yielding tax benefits for investors and spurring development in a low-income area.