Good Morning Arizona anchor makes millions on home he built!

Arizona's Family 's "Good Morning Arizona" TV show anchor Scott Pasmore builds and sells homes, and it's proving to be a lofty side gig.

He just closed on the sale of his most expensive home to date, a 7,845-square-foot luxury home at 9411 E. Happy Valley Road in Scottsdale that sold for $5.977 million.

This is the third home he's built in the Happy Valley area over the past 10 years. The previous home sold for around $3 million.

"When I leave the morning show, I go to the house and am working on it sometimes until 7:30 or 8:30 at night ... Usually, I'll build it, live in it for a couple of years, enjoy it and sell it." — Scott Pasmore

Written by Angela Gonzales : News anchor sells luxury Scottsdale home he built for $6M

On the Cover

Each week, here's where we highlight our latest cover story.

This week's cover story explores how Arizona is preparing for huge microchip workforce demand in the coming years.

In Arizona, TSMC and Intel are set to receive billions of dollars in federal CHIPS Act funding to build out their fabs. The two companies expect to create a combined total of more than 9,000 manufacturing jobs.

To answer the call for skilled workers, companies, academia and state officials are championing a handful of apprenticeship programs — including the Quick Start program — to prepare students for semiconductor jobs in what’s projected to be a booming industry.

“Industry is crying for talent. But we have to find mechanisms to bridge between not having an opportunity and growing them internally ... And that's what really is my next big push.”

— Leah Palmer , executive director of AzAMI Workforce/Manufacturing Technologies at Maricopa Community Colleges

Written by Amy Edelen : How Arizona is preparing for huge workforce demand in the coming years

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Hot off the Press

The headlines you need to see before kicking off the weekend.

• Builders plan thousands of homes near TSMC plant in North Phoenix | Angela Gonzales
• Condor rolls out nonstop luxury flight offerings from Phoenix to Germany | Brandon Brown
• First Look: New Scottsdale restaurant ready to open in historic Dairy Queen building | Brandon Brown

Community Highlights

Each week, we highlight what's happening in the business community.

1. Rafi’s Hope, the volunteer and philanthropy arm of Phoenix-based Rafi Law Group (RLG), provides continuous opportunities for RLG team members to say thank you and give back to the local community. During Q1 2024, Rafi’s Hope volunteers logged 474 hours and contributed $77,858 in cash to support local worthwhile causes and organizations throughout the Valley.
2. The Sprouts Healthy Communities Foundation presented a $1 million check to the 美国亚利桑那大学 ’s School Garden Workshop program on May 15 to support the creation of the “Sprouts House”. The Sprouts House will be a training hub for school garden education.
3. The Arizona Diamondbacks announce a $1 million charitable gift from the team to the Banner Health Foundation & Banner Alzheimer’s Foundation to help make professional-level baseball training available to young players from across the Valley. Leaders from both Banner Health and the Diamondbacks were on hand May 17 at Banner Sports Medicine Scottsdale’s High Performance Center to officially dedicate the Pitching & Hitting Tunnels, which will bear the Diamondbacks' name.
4. The Arizona Hispanic Chamber of Commerce held its 70th anniversary Black & White Ball and Business Awards on May 4 at the the Arizona Biltmore , a Waldorf Astoria resort. This year’s theme was ‘Noche de Novelas’ and was emceed by well-known auctioneer Letitia Frye .?Six awards were presented including six awards will be presented:?Woman of the Year: Stephanie Parra, M.Ed. , executive director, ALL In Education (pictured center in red dress along with Livier Delgadillo, Denia Uriarte, Bryanna Cisneros, Anaiis Ballesteros); Man of the Year: Devin Booker , Phoenix Suns ; Entrepreneur of the Year: Ivan Jacobo , executive chef and owner, ANHELO RESTAURANTE ; Corporation of the Year: PepsiCo; Advocacy Award: Jorge Mendoza Yescas , consul general of Mexico?in Phoenix; and Legacy Award: Luis Gonzalez, Former Major League Baseball player and senior adviser to Derrick Hall, president & CEO, Arizona Diamondbacks .

Interested in having your event listed? Contact associate editor Mignon Gould for consideration at [email protected].

In the Tech World

Each week, we feature our latest tech news.

A Tempe-based biotech company has landed one of the largest venture capital deals – if not the biggest – so far this year in Arizona.

Nectero Medical, Inc. , which focused on heart disease treatments, has closed a $96 million series D round led by Norwest Venture Partners with participation from Boston Scientific Corporation, BioStar Capital, Cadence Healthcare Ventures, Aphelion Capital and other investors.

Written by Amy Edelen : Tempe biotech firm Nectero lands $96M VC investment to support clinical trials

Viewpoint

Valley business leaders weigh in on the biggest issues of the day.

How employee ownership transforms businesses – and lives | Mike Hoover is chairman and CEO of Tempe-based Sundt Construction .

Executive Spotlight

A teaser of the weekly profile interview series, Executive Inc.

Sissie Roberts Shank

Company: Chas Roberts Air Conditioning, Inc.

Education: 美国亚利桑那州立大学 , bachelor's degree in finance, master's degree in law

Read full interview by Brandon Brown

Newsletter curated by Phoenix Business Journal Associate Editor Mignon Gould, MFA at [email protected]. If you have any tips for the newsroom, please reach out to Managing Editor Paul Thompson at [email protected] or Editor-in-Chief Greg Barr at [email protected].