Glendale, AZ - Economic Development
Glendale Economic Development Website Link Facebook Logo Twitter Logo YouTube logo Flickr Logo
December 2015– Issue 10
Glendale Office of Economic Development
 

 

Redflex North American Headquarters relocates to Glendale

Redflex Traffic Systems has relocated their North American headquarters to Glendale in the Talavi Business Park. The company has also leased additional space in the adjacent 51 Bells Business Park. Redflex partners with over 220 communities and operates over 2,000 traffic safety systems in the United States and Canada.

Glendale’s speed to market was cited as a major factor in the company’s selection. The project required coordination between the City, the building ownership and the brokers involved in the deal. The Office of Economic Development and the Building Safety Department worked hand in hand to ensure the company could occupy the space within the needed timeframe.

 

 

One Step Beyond locates to Glendale

One Step Beyond, Inc has located to Arrowhead Creekside in Glendale. OSBI provides services to individuals with developmental disabilities, growing from serving 16 individuals in 2003 to over 225 in 2015. The new Glendale facility offers life-skill classes to assist members in achieving their full potential, teaching household management and socialization among many other skills. Employment programs teach members effective communication skills, workforce skills and tasks. Recreational programs at the campus also serve to benefit its members. From art to music to dance to fitness programs, participants at One Step Beyond have a chance to participate in a variety of activities including a full calendar of social events.


Learn more about the programs offered by OSBI at www.osbi.org.

 

 

Aspera Best of the West Award

Glendale’s Aspera at Joy, located at 75th Ave and Loop 101 was the recipient of WESTMARC’s Economic Engine award at the 23rd annual Best of the West dinner on November 5th. Cardon Development Group is developing the project which includes Banner Health, Kneaders Bakery and Cafe, Mountainside Fitness, apartments by P.B. Bell and the Treasure House, among others. At completion, the 80 acre Aspera at Joy, the last large parcel to be developed in Glendale north of the Loop 101, will employ over 1,700 people.

WESTMARC’s Best of the West awards is the West Valley’s premier award ceremony, celebrating noteworthy contributions from West Valley businesses and leaders for over 20 years. The group recognizes contributions in three categories: Economic Engine, Quality of Life Enhancement and Excellence in Innovation. The Economic Engine award is designed to recognize individuals and organizations that have created a significant economic impact to the WESTMARC region.

For the full press release, please click here.

 

 

Glendale Chamber of Commerce Membership Shows Explosive Growth

Glendale Chamber of Commerce logo

The Glendale Chamber is celebrating another successful year, including extraordinary growth in its membership. At the end of 2013, the Chamber had 485 members; by the end of 2014 Glendale Chamber had added an additional 204 new members to bring the total membership up to over 700. And 2015 has brought continued success, as the chamber has welcomed 218 new members through mid-December, surpassing last year’s total before the end of the year. Thanks to the phenomenal Chamber staff, the membership is now over 900 strong.

To learn more about the Glendale Chamber of Commerce, click here.

 

 

Glendale Businesses Recognized

Over the past few months many Glendale businesses have been recognized for their accomplishments!

  • Brelby Theatre won FirstBank’s Elevator Pitch Business Contest. The competition invited small businesses in Arizona to create a 90 second pitch. Five finalists were selected and the public was invited to vote for their favorite, selecting Brelby as their choice for the $20,000 grant.
  • Phoenix Magazine ranked Cuff as one of its 2015 Best New Restaurants. Coming in at number 6, Cuff offers New American cuisine right in the heart of Downtown Glendale.
  • Two Glendale companies were named semifinalists in the fall 2015 Arizona Innovation Challenge, MobileLogix and Power Mobility Doctor Rx.  MobileLogix is a leader in workforce management, with a software platform for scheduling. Power Mobility Doctor Rx provides health records related software to save clinicians valuable time.
  • Total Transit was ranked number five on the Arizona Corporate Excellence Fastest-Growing Private Companies list, which is published annually in the Phoenix Business Journal. Total Transit provides transportation management services and is the parent company of Discount Cab.

Congratulations to each of these great businesses!

 

 

Protect the Flows event

Protect the Flows will be hosting the third Business of Water summit March 30th-31st, 2016 at the Hyatt Regency Phoenix. This event will bring together business leaders, utilities and policy makers to discuss issues surrounding water use and the Colorado River Basin. Sessions will focus on water partnerships, policy priorities and market based solutions.

Learn more and register for this exciting event focusing on one of most important resources here.

 

 

College Football Playoff Invests in Glendale Classrooms

The College Football Playoff Foundation as part of its Extra Yard for Teachers program funded projects at 31 Glendale schools, reaching 10,157 students, through Donors Choose. Donors Choose allows teachers to request funding for classroom needs to enhance students’ educations. The Foundation’s generous donation represented a value of $35,000 to the classrooms and many types of projects such as books, school supplies and new technology devices were able to be funded.

 

 

What’s New in Downtown Glendale?

The festival season in Downtown Glendale kicked off on November 27th, with the first weekend of Glendale Glitters. Special guests Kurt and Brenda Warner, co-founders of Treasure House – a structured, supportive living community for intellectually disabled young adults being built here in Glendale, helped to switch on the 1.5 million lights throughout downtown. Events continued over the next three weekends, bringing lots of exciting activity to downtown Glendale. Glitter and Glow will wrap up the festivities on January 9th, with a block party including hot air balloons, music and more.

A few weeks after Glitter and Glow, the Glendale Chocolate Affaire will be here on February 5th-7th. Among the many other activities and vendors, the City is once again partnering with the Arizona SciTech festival to present the Science of Chocolate. This fun filled event gives visitors and chance to learn about the science behind everyone’s favorite food through a variety activities and demonstrations. Click here to learn more about the Arizona SciTech Festival.

 

 

Glendale 3rd Quarter Building Occupancy
Glendale Growth

Office vacancy rates show continued improvement in the city. The vacancy rate in Glendale has declined by more than 3.5% over the last year, from 26.3% to the current rate of 22.7% at the end of 3rd quarter 2015. This trend is expected to continue in the fourth quarter 2015 and into 2016.

Industrial vacancy rates remained nearly unchanged from 2nd quarter to 3rd quarter 2015 at 6.0%. This remains one of the lower industrial vacancy rates in the valley and also sits below the national average. Much like the office sector, occupancy rates in the industrial sector are expected to increase into the new year.

Retail in Glendale sits below the metro Phoenix average at 7.7% and is slightly down from the same time last year, when the vacancy was at 8%. Occupancy rates in this sector are likely to be fairly steady heading into 2016.  

 

Rate

Retail

Industrial

Office

Square feet Vacant

1,075,368

661,838

1,112,965

Square feet Occupied

12,843,082

10,403,179

3,797,042

Percent Vacant

7.7%

6.0%

22.7%

 

Market Comparisons:

 

Glendale:

Metro  Phoenix:     

National:

Retail Vacancy:    

7.7%

9.3%

5.7%

Industrial Vacancy:  

6.0%

11.6%

6.7%

Office Vacancy:    

22.7%

16.7%

10.6%

Source: Costar, 3rd Quarter

 

 

Spotlight on – Education

According to a 2013 study conducted by Applied Economics, Glendale’s colleges and universities provide an economic impact to the city of $771 M. These outstanding institutions provide opportunities for our residents and a continuous pipeline of skilled workers for the city’s employers.

Established in Glendale since 1995, Midwestern University is the largest medical school in Arizona with more than 3,100 students studying in a variety of medical fields including Osteopathic Medicine, Dentistry, Optometry, Physical Therapy and Pharmacy. Beginning in Fall 2014, the University added the College of Veterinary Medicine as the first veterinary school in the state. Midwestern has had a major impact on both Glendale and the region, providing a $423.2 M economic impact to Maricopa County last year.

Arizona State University West, located on the border of Glendale, is home to 9,000 students and offers more than 50 undergraduate, graduate and doctoral degrees in business, education, nursing, computing and science programs. Thunderbird School of Global Management at ASU was ranked #1 International Business School by US News and World Report for eighteen consecutive years. Thunderbird currently provides global MBA programs to over 1,000 students annually, with a student body represented by 50 different countries. Both campuses are part of Arizona State University, which in 2015 was ranked as the most innovative school in America according to US News and World Report.

Glendale Community College is part of the Maricopa Community College District, the largest community college district in the United States. They offer 44 associate degrees, university transfer programs, 65 certificates, and industry specific training programs. Over 500,000 students have received an education at the campus over the past fifty years.   

DeVry University’s Westgate campus offers a full spectrum of business and technical degrees to more than 500 students. DeVry has developed a unique niche with active and retired military personnel through a partnership with Luke Air Force Base, Glendale’s largest public employer.   One third of the students at this campus come from this partnership to earn associates, bachelors and master’s degrees in health care systems, IT, business and cyber security.  

Formerly Arizona College of Allied Health, Arizona College offers diploma and degree programs in medical, dental, health information, massage, pharmacy and nursing. The current enrollment at Arizona College is just over 400 students in all programs.  Students at Arizona College receive a hands-on educational experience unlike that of most in the industry because of their off-site educational partnerships with area healthcare providers and practitioners.

West-MEC is the West Valley’s Joint Technical Education District, providing innovative career and technical education to high school students in fourteen different districts. West-MEC’s Central Campus, which offers programs in aviation maintenance, avionics, precision manufacturing, welding and public safety, is located next to the Glendale Municipal Airport. START @ West-MEC is also located in Glendale serves as home of the district’s Coding program and provides business incubation and collaborative space.

 

 

 

Happy New Year from the Glendale Economic Development team

The Office of Economic Development would like to wish all of our partners a very prosperous new year!

Econ Dev staff

 

Meet the Glendale Economic Development Divsion:

  • Brian Friedman, Director
  • David McAlindin, Assistant Director
  • Jean Moreno, Officer
  • Kristen Stephenson, Administrator
  • Randy Huggins, Specialist
  • Suzie Ricard, Administrative Assistant
  • Visit us online now! Click here.