(March 28, 2025) —  Forever 21 has declared bankruptcy for a second time and expects to close over 350 stores in the United States and Puerto Rico by May 1, unless a new buyer purchases the business, court filings show.

F21 OpCo, LLC, the company and licensee of the brand in the U.S., filed a Chapter 11 case in the U.S. Bankruptcy Court for the District of Delaware this week.

“The company may pivot away from a full wind down of operations to facilitate a going concern transaction. If there is an actionable going concern proposal that warrants stopping ongoing store closing sales, the company will exercise its business judgment and determine the appropriate course of action,” a spokesperson for the fast-fashion retailer told ABC News.

Brad Sell, the chief financial officer of F21 OpCo, LLC, cited international competitors and growing costs among the reasons behind Forever 21’s downturn.

Here’s the full list of stores closing: Forever 21 Closing List

There are two in the Tucson area. One at Park Place Mall and the other at Tucson’s Premium Outlets.

FLAGSTAFF, ARIZ. (March 27, 2025) – Liv Communities, in partnership with Wespac Residential, Inc., and Vintage Partners, has officially broken ground on Liv Sky Cottages, an innovative housing development in the Timber Sky master-planned community.

The groundbreaking ceremony held last month brought together leadership from Liv Communities, Wespac, and Vintage to celebrate the beginning of this transformative project.

Located on 32 acres, Liv Sky Cottages will feature 203 thoughtfully designed rental homes, including 117 one-bedroom, 35 two-bedroom, and 51 three-bedroom residences. In alignment with Flagstaff’s affordable housing initiatives, 10 percent of these homes will be reserved for individuals and families earning below the area’s median income

“Liv Sky Cottages reflects our commitment to creating vibrant, connected communities where residents can thrive,” said Heidi Arave-Noonan, Vice President of Liv Multifamily. “Flagstaff’s natural beauty and strong community spirit make it an ideal location for this project, and we’re excited to introduce a new way to liv with sustainability, connection, and well-being at the forefront.”

Liv Sky Cottages will seamlessly integrate with Flagstaff’s unique landscape, incorporating sustainable building practices and adhering to International Dark Sky standards to minimize light pollution. Residents of Liv Sky Cottages will enjoy a thoughtfully designed living experience with a variety of amenities that promote connection, wellness, and sustainability.

The community will feature a dog park, playground, garden beds, walking paths, and gathering spaces to foster a vibrant neighborhood atmosphere. Additional conveniences include bike storage, a compactor, and EV chargers, as well as we hope to include an Envoy car-sharing service to support eco-friendly transportation options.

For outdoor recreation, residents can enjoy three frisbee golf targets, a checker/chess area, and easy access to Flagstaff’s natural beauty. Select homes will also include solar panels, reinforcing the community’s commitment to sustainable living.

Wespac Residential is leading the site’s infrastructure development, which includes grading, earthwork, utility installation, concrete paving, landscaping, and site fencing. The project will also enhance local roadways with half-street extensions along US Route 66 and Woody Mountain Road, as well as improved pedestrian pathways and sidewalk extensions to enhance walkability.

“This project represents Wespac’s commitment to sustainability and community-focused development,” said Tyler Mark, Principal/Vice President at Wespac Residential, Inc. “Our team is thrilled to bring our expertise in construction and infrastructure to help create a living space that represents Flagstaff’s values and vision for the future.”

For more information or to join the waitlist, please visit: livskycottages.com.

JLL completes land acquisition for new health club, slated to open in 2026

QUEEN CREEK, Ariz., (March 27, 2025) – The Phoenix office of JLL announced today that it has completed a land acquisition on behalf of Mountainside Fitness. The acquisition will soon bring a new Mountainside Fitness health club to Queen Creek, Arizona, a community recently ranked as the third fastest-growing large city in the United States.

Based in Scottsdale, Arizona, Mountainside Fitness operates 21 high-end health clubs across metro Phoenix, serving over 150,000 members. Its new Queen Creek location will sit at the northwest corner of Combs and Gantzel roads, sharing an intersection with Target, Sprouts, Frys, and numerous nationally recognized quick-serve restaurants.

The site is bookended by two educational campuses, American Leadership Academy Ironwood and Combs Traditional Academy, with more than 131,000 residents within a five-mile radius.

“Queen Creek is the perfect location for us to do what we do best, which is to support the health and wellness of metro Phoenix’s growing population with an outstanding health club environment at an affordable price,” said Mountainside Fitness CEO Craig Cote. “We’ve been doing this successfully for almost 35 years and will continue that tradition as we add Queen Creek and the San Tan Valley to our Mountainside family.”

Totalling approximately 42,000 square feet in a single story, the Queen Creek Mountainside Fitness will offer state-of-the-art equipment and more than 70 daily group fitness classes, with on-site amenities including high-end locker rooms and an elevated childcare program. This is the latest location announcement by Mountainside Fitness, which is adding multiple new facilities now under construction and slated to open throughout Arizona in the near future.

The Queen Creek Mountainside Fitness is scheduled to open in December 2025.

JLL Managing Director Regan Amato represented Mountainside Fitness in its Queen Creek land acquisition. Rommie Mojahed of CRE8Advisors represented the land seller.

“This is an exceptional position within a sprawling and underserved submarket, offering outstanding demographics and significant exposure to over 40,000 cars per day,” said Amato. “In addition to dedicated visits from its members, Mountainside will benefit from the synergistic traffic of nearby retailers, restaurants and schools, making it a natural fit for both Queen Creek and San Tan Valley residents alike. It will be a great addition to an already amazing community.”

In Phoenix, JLL is a market leader employing more than 600 of the region’s most recognized industry experts offering office, industrial, retail, healthcare and data center brokerage, tenant representation, facility and investment management, capital markets, multifamily investments and development services, and related services within the real estate leasing, investment and management process. In 2024, the Phoenix team completed almost 50.5 million square feet in lease and sale transactions, with a total transaction volume of more than $2.8 billion. It managed almost 18 million square feet of space and directed 36 projects through Project and Development Services.