AdhereRx, a courier pharmacy service, is opening a new facility in Phoenix in May to support managed care organizations and patients with chronic conditions. Located at 1343 N. Colorado St., Gilbert, the new 18,000-square-foot facility will employ 50 people.
While Scottsdale is ranked as the top spot to find a new job, it’s not the only employment hot spot in the Valley, according to WalletHub.
Two other East Valley cities — Chandler (No. 10) and Tempe (No. 14) — ranked in the top 25 best cities for jobs. Additional Valley cities also fared in the upper echelon of the 182-city rankings with Gilbert (No. 39), Peoria (No. 41), Phoenix (No. 53), Mesa (No. 65) and Glendale (No. 68) scoring well.
The light rail has been a boon for development, despite the issues it creates for business owners during construction. According to Valley Metro, the initial 26-mile segment through Phoenix and into Mesa has resulted in $10.1 billion in public and private capital investments, and another $807 million is on the way.
Developers have followed light rail’s extensions and made plans accordingly. The latest northern leg — the second phase of the northwest extension that is adding about 2 miles of track that will cross over Interstate 17 and cost about $318 million — is being counted on for Metrocenter’s redevelopment. The project is expected to be completed by 2023.
Arizona is poised to add 1 million new residents between now and 2026 as well as more than 500,000 jobs to continue growing the state’s economy.
The statistics, from the Arizona Office of Economic Opportunity, paint a picture of a state once waylaid by the Great Recession as it continues to find its economic footing, according to a report by the Arizona Republic.
Those numbers would see the biggest growth in Phoenix and Maricopa County, already the state’s most populous region. The population is expected to grow from about 4.9 million to 5.5 million in the metro area during the next eight years.
The state’s population likely would rise to 8.1 million by 2026.
In the Phoenix Business Journal’s Largest Employers list, published Friday, the top 50 on the list currently account for 391,238 full-time jobs.
On a companywide basis, those firms and organizations provide 5.7 million full-time jobs.
The 10 largest employers on this year’s list included three health care specialists, two universities, two governmental organizations, one bank, one defense contractor and one retailer. Together they employ 202,964 full-time employees. For the first time in more than a decade, the state of Arizona was not the largest employer in the state. The state added 1,345 jobs to its 2017 total, while Banner Health added 9,110 jobs and went from second to first in the rankings.
Verde at Cooley Station, a 23-acre project at the southwest corner of Williams Field and Recker roads. The $60 million project will include restaurants, offices, health and wellness facilities and apartments.
Arizona has more than 8,000 technology companies operating in the state, with a growing tech workforce of more than 168,200 jobs, a new Arizona Technology Council report found. The tech community has seen a 1.38 percent employment growth, which ranks the state second in the Southwest and ahead of California, according to the report.
SB2-Gilbert, LLC, a commercial real estate investment, development and management company announced a new mixed-use development, Verde at Cooley Station. Located at the southwest corner of E. Williams Field Road and S. Recker Road, this 23-acre project will include restaurants, retail, offices, health and wellness facilities, and apartment residences.
Global consulting group Deloitte will have a huge presence in the Valley with an estimated 2,500 jobs set to come into Gilbert.
The opening of the company’s third U.S. Delivery Center in the East Valley town will boost Deloitte’s presence in the region nearly six-fold and come with roughly $5.5 million in incentives from Gilbert and the state.
“What I’m excited about is we’re bringing 2,500 high-tech jobs to Arizona,” said Jonas McCormick, managing partner of Deloitte’s practice in Phoenix.
McCormick will help oversee the center, which will be responsible for developing specialized software for Deloitte customers. The company has such centers in Harrisburg, Pennsylvania, and Orlando, Florida, and several others around the world.
Projects at the center will include technologies ranging from cloud services and blockchain to artificial intelligence-based software, McCormick said.
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.
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