City Scoop: Tucson, Ariz.
George W. Hammond
Director and Research Professor
University of Arizona, Eller College of Management
Tucson “continues to expand, with rising employment, population and income. However, gains remain well below rates posted by the state of Arizona and the nation, and Tucson has yet to recover all of the jobs lost during the Great Recession,” Hammond says. “Overall, Tucson is struggling to adjust to lower levels of federal government activity, which makes up a large share of the local economy. Modest job and population growth is contributing to a sluggish rebound in construction activity.”
Firm in Focus
2015 W. River Rd., Tucson
President: Mike Hoover
CEO: Dave Crawford
History: Celebrating its 125th anniversary this year, Sundt Construction has deep roots in Tucson. The company has contributed to many iconic developments in the region.