The company’s launch vehicle business in Chandler began in the 1980s and recently moved into a new 633,000-square-foot build-to-suit campus on the Price Corridor to accommodate planned growth. Northrop Grumman has more than 2,000 employees in Chandler and continues to hire.
Chandler is investing $5.4 million on a road expansion to accommodate expected growth at an Intel plant in the coming years.
The state and Intel will reimburse the city for the work, according to city documents.
Intel is among Arizona’s largest employers and the top employer in Chandler, with about 11,000 jobs, according to a city report.
The cranes at Intel’s Ocotillo campus and the road expansion are tied to ongoing construction of the company’s Fab 42 semiconductor fabrication plant, said Micah Miranda, Chandler’s economic development director. Intel officials have mostly kept quiet about the project, which was announced in 2017 as a $7 billion investment into the Fab 42 facility that will make its most advanced computer chips.
Chandler will expand Old Price Road on the western end of the Intel Ocotillo campus, off Dobson Road in south Chandler, to alleviate construction and employee traffic.
The roadwork is expected to begin by the end of the year and be completed next spring.
The City of Chandler and Waymo have launched an autonomous vehicle ride-hailing program for select City employees. The program will evaluate employee productivity while commuting to and from off-site work meetings and potential fleet services cost savings. The partnership kicks off this month and will run for at least one year.
“We’ve worked closely with Waymo for the past several years and it’s a natural progression to utilize their technology,” said Mayor Kevin Hartke.
Allstate Insurance Company plans to bring 2,500 new jobs to Chandler and could open a new corporate campus in the area.
Allstate would become part of a growing number of large insurers operating in metro Phoenix, including State Farm in neighboring Tempe and USAA in north Phoenix.
Allstate already leases 217,000 square feet of office space at Park Place in the Price Road Corridor, an employment center near the loops 101 and 202, and at One Chandler Corporate Center, near McClintock Drive and Chandler Boulevard, according to city documents.
Voya Financial, Inc. (NYSE: VOYA), announced that it has secured a 151,359-square-foot facility in Chandler, Ariz., for its new permanent metro Phoenix hub. The new location at 1700 S. Price Road, will employ more than 1,000 people once it is fully operational.
When the permanent facility opens, Voya will cease operations at its temporary, 70,000-square-foot temporary site located at 1401 S. 52nd Street at the Tech Center in Tempe, and those jobs will transfer to Chandler.
The company will continue to operate its existing Scottsdale office at 7337 E. Doubletree Ranch Road, where approximately 200 employees are based.
Wells Fargo is seeking city approval to expand its already-massive Chandler campus with new office towers that could reach 13 stories or about 200 feet, which would be the city’s tallest buildings standing today.
Eventually, the global financial giant could have more than 10,000 employees on its 68-acre complex at the northwest corner of Queen Creek and Price roads, in the heart of Chandler’s Price Road Corridor, city Economic Development Director Micah Miranda said.
Wells Fargo opened the first two buildings at its Chandler campus in 2004. The company broke ground in 2013 on two new four-story buildings and is currently putting on the finishing touches.
Phoenix, Ariz. – The Laguna Village apartment community at 102 Palomino Dr. in Chandler has been sold to a Utah based investor for $70,250,000.00. The buyer intends to complete modernization of the 460-unit property and increase the development’s value within a submarket that has recently experienced strong population growth.
“This property is ideally suited for upgrades and re-positioning,” says Cindy Cooke senior executive vice president of Colliers International in Arizona. “Laguna Village is located in Chandler which has seen some of the strongest employment growth in the Valley. The area has also experienced tremendous population growth and Laguna Village is surrounded by a very limited supply of rental competition.
Tech giant Intel Corp. has a new $500 million bond approved through Chandler’s Industrial Development Authority for its future high-volume semiconductor factory.
Fab 42 is expected to be ready by 2021 or 2022 and is planned to create 3,000 high-wage jobs for process engineers, equipment technicians and facilities support engineers and technicians.
Preparing to open its second 150,000-square-foot building two months ahead of schedule, Freedom Financial Network plans to hire another 1,000 employees this year.
The San Mateo, California-based debt relief provider has settled $10 billion in debt on behalf of customers, creating the need for 1,000 more employees at its Tempe operations, said Linda Luman, senior vice president of human resources for Freedom Financial.
Overall, more than $11 billion has been invested in development along the Valley’s light-rail line during its first decade, creating 50 million square feet of housing, office, shopping, hotel, school and government space, according to light rail’s manager Valley Metro.
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