The changes will expand Elliot from a single-lane road to a three-way stretch in both directions. The area, once just another vast stretch of Arizona desert, is now home to some of the fastest growing residential communities in metro Phoenix, including Eastmark, and a $2 billion Apple “command center.”
After expansions at its Gilbert and Chandler facilities, Orbital ATK is now expanding and investing $4.5 million in its cannon production facility in Mesa.
A groundbreaking ceremony was held March 29 for the new 36,000-square-foot facility planned to increase production capacity by co-locating Orbital’s warehouse and manufacturing operations into one site. The Mesa facility is off Loop 202 and Greenfield Road at 3309 N. Reseda Circle.
Nationwide Realty Investors has plans to bring new creative offices to its Rivulon development in Gilbert. Rivulon is a 250-acre development in the East Valley that could total 3 million square feet of offices at full build-out.
Ohio-based Nationwide, an arm of Nationwide Insurance, has new plans to build dual two-story 100,000-square-foot buildings aimed at creative and technology tenants at the East Valley development at Gilbert and Pecos roads and the Loop 202 freeway.
Nationwide also just completed two new 60,000-square-foot Class A office buildings at Rivulon.
Morgan Stanley Smith Barney Financing is among the tenants taking space at those new buildings.
Denver-based EdgeCore Internet Real Estate LLC broke ground Wednesday on its first $150 million data center in Mesa, with an anticipated $2 billion company and customer investment at full buildout.
EdgeCore is initially building a 180,000-square-foot building in Mesa’s Elliot Road Technology Corridor to offer cloud-connected data center solutions to Fortune 1000 clients, said Ryan Oro, EdgeCore’s senior vice president of revenue.
In partnership with SRP, The City of Mesa Office of Economic Development launched www.AerialMesa.com, a 360-degree, interactive, bird’s eye-view of five Mesa business districts. AerialMesa.com, a web-based virtual reality tool, uses interactive technology to allow users to explore each of Mesa’s business district’s major assets and employers, new developments and investments, key amenities and development opportunities.
Phoenix-based co-working space Co+Hoots is spreading its wings and expanding to downtown Mesa as part of the planned $60 million Grid mixed-use development. The second Co+Hoots space will be in a 13,500-square-foot nest at a project that has not yet broken ground but one that promises restaurants, offices and 500 new residents along downtown Mesa’s Main Street.
Between new housing developments and an ever-growing entertainment district, the city of Gilbert is quickly becoming the suburb of the future and now the city is ready to move forward with a massive project to draw in even more people.
The city has finalized plans for a massive park spanning 272 acres along the southwest corner of Higley and Queen Creek roads in partnership with the Maricopa County Irrigation District.
The Phoenix area has 10,500 apartment units under construction to the tune of nearly $1.4 billion, according to a report being released today by Colliers International.
The market continues to record vacancy declines, even as new units are delivered, said Pete O’Neil, research director for Colliers International in Phoenix.
The Phoenix-Mesa Gateway Airport Authority is negotiating to develop 360 acres at the airport. The project could station Mexican customs officials at the airport togrow and expedite American goods headed to Mexico.
Mesa Mayor John Giles, the chairman of the airport authority’s board of directors, said the cargo program, if established, would make the city a destination for online retailers looking to send goods to a growing middle class in Mexico.
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