Foothills' economy appears to be picking up - Ahwatukee Foothills News: Business

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Foothills' economy appears to be picking up

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Posted: Thursday, August 27, 2009 11:00 pm

Welcome to Vincent’s Pizza and Dunkin Donuts, both of which have recently opened in Ahwatukee Foothills, with Panda Express and Hobby Lobby not far behind. It is important when a business comes into a community: it serves as a key indicator of the economic strength of the area.

Plus, the business can engage in the local chamber, whose mission is to promote the economic well-being of the area, so the growth factor expands.

We are currently working with a few other companies that are eyeing the community. We believe this points to a brighter commercial retail outlook for Ahwatukee’s second and third quarters. Already, some recent business expansions include Victoria’s Dance Depot, Sundance Spa and Salon, and iMergent, Inc.

The chamber presented a “Show Me the Money Forum” this week presenting business owners with options on how to obtain traditional and non-traditional financing. This event was free to the public with people traveling from as far as Tucson to attend. With more than 200 people in attendance, the event was standing room only.

MidFirst Bank was the first to jump on board and see the value in educating potential and existing business owners. Key speakers from across the state were on hand to answer questions from financing to insurance. The strong attendance is another indicator of a brighter outlook for Ahwatukee.

The chamber has experienced a recent surge in SCORE counseling attendance, with a need to add an additional counselor to meet the area business needs. The chamber partnership with the United States Small Business Administration is expanding and developing new relationships with key lender relations specialists to assist businesses. We have established connections with the city of Phoenix and its Community and Economic Development Department to bring businesses more programs here in our own backyard.

In business or looking at going into business? No matter if you are a big-box store or a small mom-and-pop operation, the Ahwatukee Foothills Chamber of Commerce is your one-stop connection to accessing the golden key to success. The chamber has the ability to enhance business success by offering experienced entrepreneurship and the unique ability to assemble the right team to assist your business needs.

As a community, we need to continue helping keep the flame lit on our bright future by showing support locally. We can’t wait for others to help us, we need to continue to help each other thrive: community helping business, business giving back to the community.


Terri Kimble is president and chief executive officer of the Ahwatukee Foothills Chamber of Commerce. Reach her at

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