Orbital ATK continues its growth in the Valley with plans to expand its launch vehicles operations with a new Chandler campus.
The new Orbital campus will be at Willis Road along Chandler’s Price Corridor after the Chandler City Council recently approved a resolution and re-zoning to support the development.
Dulles, Virginia-based Orbital ATK Inc.’s launch vehicle business in Chandler began in the 1980s and has grown to nearly 1,600 employees.
The expansion for the global aerospace and defense technology firm isn’t a surprise since earlier this month the company announced it was planning to hire another 350 mainly high-paying positions within the next year and a half while it prepares to build the largest rocket yet in Chandler.
This month, Chandler received the No. 1 ranking in WalletHub’s national survey of the best places to find a job in 2018, capping a year of growth for the city and signalling further investment to come.
The report gave 180 U.S. cities a ranking based on 26 indicators sorted between two primary factors, job market and socioeconomics, with job market weighted more heavily. The report favors cities like Chandler, which offer a job market with employment opportunity, industry variety and job security. Socioeconomic factors such as median income and cost of living are also considered.
Chandler ranked No. 3 in job market and No. 9 in socioeconomics. Four of the top five cities in the report were in Arizona.
The Chandler Airpark is one of the city’s five employment corridors and it offers an advantage over areas like the Price Road Corridor: space. The airpark is one of the city’s last areas where 80-acre parcels still exist for development.
Orbital ATK’s presence in the Valley continues to grow as it plans to hire 350 high-paying positions within the next year and a half while it prepares to build the largest rocket yet in Arizona. Orbital is developing two large rockets for the U.S. Air Force: an intermediate-class rocket about 270 feet tall, and a heavy-class rocket that is more than 300 feet tall. Both will be built in Arizona, Laidley said.
The 290-room Tempe hotel is on Seventh Street between Mill and Myrtle avenues near Arizona State University. The hotel is being developed by Las Vegas-based CAI Investments.
The new Westin property is being branded and built as a full-service business hotel. The downtown development sits on a 0.85-acre parcel and will have 14,000 square feet of convention space and meeting rooms.
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 new headquarters of Benchmark Electronics on Rio Salado Parkway at the southwest intersection of Loop 101 and Loop 202, is expected to be completed in early 2019. The publicly traded company has about 13,000 employees globally, including 225 currently in Arizona. Benchmark plans to add add roughly 500 new jobs in the Phoenix metro area over the next five years.
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