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- Phoenix Newsletter (July 11th)
Phoenix Newsletter (July 11th)
Here are the latest news stories and upcoming events in Phoenix.
Sponsored by:
Welcome to The Phoenix Newsletter!
In today’s edition:
Dutch Bros signs Valley's largest office lease of the year.
Upcoming Joseph Arthur concert
A deep-dive into the life of Charles Mingus
And more…
Quote of the Week
“Go as far as you can see; when you get there, you’ll be able to see further.”
—Thomas Carlyle
Sponsored
Yes, this platform’s 77% return is an outlier – but the rest may surprise you
The news is true: Masterworks’ 15th sale just weeks ago returned an impressive 77% to investors. While such a high return is an outlier for the blue-chip art investing platform, you might be wondering what their prior sales delivered. Glad you asked…
Every one of their sales has returned a profit to investors, with 12 of them delivering double-digit returns, and 1 delivering triple-digit annualized returns.
In full, Masterworks has over 300 paintings and their 16 exits have delivered: 32%, 39.3%, 36.2%, 27.3%, 9.2%, 33.1%, 21.5%, 17.8%, 13.9%, 35%, 10.4%, 325.5%, 4.1%, 17.6%, 77.3%, and 13.4% net annualized returns.
Every sale but one outperformed the stock market in the period from when it was offered to when it was sold.
With performance like that, offerings on the platform can sell out in minutes. However, Local News Newsletter readers can skip the waitlist to join with this exclusive link.
Trivia
Here is your trivia question of the week. The answer will be shown in next week’s newsletter. Which do you think it is? No cheating!
In Phoenix, what is the name of the popular shopping and dining district located in Downtown?
A) CityScape
B) The Biltmore Fashion Park
C) Roosevelt Row
D) Desert Ridge Marketplace
Answer to Last Week's Trivia:
The historic Phoenix event that takes place annually at the Arizona State Fairgrounds is A) The Arizona State Fair.
News
💼 Business
New details emerge in termination of Andy Lombard, Arizona Venture Development CEO. (Link)
Dutch Bros signs Valley's largest office lease of the year. (Link)
🏒 Sports
Diamondbacks' Yilber Diaz impressive in first start, keeping Braves in check early. (Link)
Mercury aids youth basketball as part of WNBA All-Star Game initiatives. (Link)
🏦 Finance
Fry's parent Kroger lists 73 Valley stores that would be sold in merger with Albertsons. (Link)
Upcoming Events
Here are some events that are happening in our city this week. There is a good mix between sports, entertainment, conferences, concerts, and more.
Sports
⚾ Toronto Blue Jays at Arizona Diamondbacks
Chase Field, Phoenix
Friday, Jul. 12th to Sunday, Jul. 14th | (More info)
🏀 WNBA All-Star Game Friday Night
Footprint Center, Phoenix
Friday, Jul. 19th | (More info)
Music & Concerts
🎵 Joseph Arthur
Valley Bar, Phoenix
Friday, Jul. 12th | (More info)
🎵 Hootie & the Blowfish
Footprint Center, Phoenix
Saturday, Jul. 13th | (More info)
Family
🎨 Kid’s Craft Club
2250 North 16th Street, Phoenix
Saturday, Jul. 20th | (More info)
Image of the Week
Every week, I have a habit of making some AI art about our city.
This week, I typed in “Metropolis of Phoenix with a massive central AI-controlled hub” and this is what I got.
Let me know what ideas you have for this. I really enjoy making these types of photos.
Phoenix Historical Events
Phoenix Fire Department Established (1886) - Establishment of the city’s first fire department.
The Phoenix Fire Department was established in 1886 as a volunteer fire department with the formation of Engine Company #1. The department's first Chief, John D. Monihon, played a pivotal role in its establishment, and the volunteer fire company had a charter membership of 25 men. In 1922, the department transitioned from volunteers to career members, marking a significant milestone in its development. Over the years, the Phoenix Fire Department has built an unmatched legacy of service and professionalism, dedicated to defending lives and property from the destructive force of fire.
The establishment of the Phoenix Fire Department in 1886 marked a crucial moment in the city's history, as it provided essential fire protection and emergency medical services for the growing community. The department's formation was made possible through a special bond issue that raised $10,000 to improve the water supply, purchase modern firefighting equipment, and form Engine Company #1. This volunteer fire company has evolved over the years, and in 1936, the Phoenix firemen joined the International Association of Firefighters and formed Local 493, further solidifying the department's commitment to serving the city.
Today, the Phoenix Fire Department continues to uphold its founding principles of hard work, dedication, and service to the community. The department's members have worked tirelessly to build a strong and resilient organization, ensuring the safety and well-being of Phoenix residents. With a rich history dating back to 1886, the Phoenix Fire Department stands as a testament to the enduring spirit of public service and the unwavering commitment to protecting the city from fire-related hazards.
Famous People From Phoenix
Charles Mingus - Influential jazz musician.
Charles Mingus, an influential jazz musician, was born on an Army post in Nogales, Arizona, where his father was stationed as part of a Buffalo Soldiers unit, on April 22, 1922. His legacy as a revered jazz bassist and composer continues to be celebrated and remembered 100 years later.
Early Life and Musical Beginnings (1922-1940s)
Charles Mingus developed a passion for music at a young age, growing up in the vibrant musical environment of Phoenix, Arizona. His early exposure to jazz and blues laid the foundation for his future career as a groundbreaking jazz musician.
Rise to Prominence in the Jazz Scene (1950s-1960s)
Mingus's career as a jazz musician took off in the 1950s, and he quickly gained recognition for his innovative compositions and virtuosic bass playing. His collaborations with other jazz legends solidified his position as one of the most important figures in the jazz world.
Innovative Compositions and Musical Legacy (1950s-1970s)
Mingus's compositions and arrangements crossed numerous boundaries, from swing to boogie-woogie, from bebop to classical and the avant-garde. Like Duke Ellington, Mingus was an innovator in the long form of jazz composition, defining himself through his compositions and commenting on society.
Connection to Phoenix and Arizona (Throughout Career)
Mingus's connection to Phoenix, Arizona, and the surrounding musical community played a significant role in shaping his musical identity. His experiences in the local jazz scene and the cultural influences of the region left a lasting impact on his musical style and artistic vision.
Musical Innovations and Influence (1950s-1970s)
Mingus's contributions to jazz music were marked by his innovative approach to composition, improvisation, and ensemble playing. His influence extended beyond the jazz world, inspiring musicians across genres and generations.
Personal Struggles and Artistic Expression (1960s-1970s)
Throughout his career, Mingus grappled with personal struggles and challenges, which often found expression in his music. His compositions reflected a deep emotional and intellectual depth, addressing social and political issues with raw honesty and creativity.
Recognition and Legacy (Post-1970s)
Charles Mingus's impact on the world of jazz and music at large continues to be celebrated through various events, festivals, and educational initiatives. His legacy as a pioneering jazz composer and bassist remains a source of inspiration for aspiring musicians and music enthusiasts.
Key Achievements of Charles Mingus:
Regarded as one of the greatest jazz composers of the 20th century.
Innovator in the long form of jazz composition, crossing musical boundaries.
Influential bassist and composer, inspiring musicians across genres and generations.
Celebrated for his raw honesty and creativity in addressing social and political issues through music.
Remembered as a trailblazer in the jazz world, leaving behind a rich musical legacy.
Charles Mingus's story is one of musical innovation, artistic expression, and a lasting impact on the world of jazz. His connection to Phoenix, Arizona, and his contributions to the jazz scene continue to be remembered and celebrated, inspiring future generations of musicians and music lovers.
Connect With Me
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I would love to hear from you. Don’t be shy.
-Matthew Larsen
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