Glendale, AZ - Economic Development
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July 2014 – Issue 5
Glendale Economic Development Division
 

 
Glendale Economic Development Celebrates a Successful Year
2013-2014 was an exciting year for Economic Development in Glendale! City staff facilitated the location or expansion of over 2,700 new jobs for Glendale this year, which is expected to result in the occupancy of over 1.7 million new and existing square feet of office, industrial and retail space. Among the projects were:

  • Banner Medical Group – Banner is the largest healthcare provider in Arizona and will anchor the new Aspera project. The company is expected to create 720 jobs in the new facility near Loop 101 and 75th Ave.

  • Empereon Marketing – This company provides comprehensive contact center solutions and will house about 800 employees at their 40,000 square foot facility at 51st Ave & Bell Rd.

  • American Furniture Warehouse – This furniture retailer is constructing a new 602,000 square foot facility near Loop 101 and Bethany Home Road that will employ 300 people. This is AFW’s second location in Arizona and outside of their home state of Colorado.

  • NPL (Northern Pipeline) – NPL is constructing a new 52,000 facility in Glen Harbor Business Park that will employ 287 people. NPL is the nation’s leader in underground utility and energy construction.

  • Avanti Windows – 100 people work at a 40,000 square foot facility at 51st Avenue and Camelback Rd that manufactures windows.

  • The Pain Center of Arizona – The Pain Center of Arizona is the state’s largest pain management practice and has located their administrative headquarters to 99th Ave and Camelback Rd, where they will employ 100 people.

  • Midwestern University – Midwestern University is opening the state’s first veterinary school on their campus at 59th Ave and Loop 101. The school will have an inaugural class of 100 in 2014 and the expansion is expected to create about 60 new jobs.

  • Canyon State Bus – This company is the factory authorized dealer for Blue Bird buses in Arizona; the new facility at 57th Ave and Claremont will employ 40 people.

  • New West Oil – This Valvoline products distributor is bringing 40 jobs to a 16,000 square foot location near 43rd Ave and Camelback Rd. Harvard Drug – 25 people are employed in their sales office at Westgate for the company’s generic pharmaceutical distribution operation.

  • CSAA/AAA – CSAA, an auto insurance provider, is adding 20 new employees to its IT and customer service facility at 53rd Ave and Bell Rd.

  • Mattamy Homes - Located in Westgate, 12 people are employed at this Canadian home manufacturer’s marketing center for its Phoenix area developments.

  • Hensley – Hensley has a 72,000 square foot distribution center at 51st Ave and Camelback Rd that employs 6 new people.

  • Lockheed Martin – Major defense contractor Lockheed Martin opened a 2,000 square foot office at Westgate.

    A special thanks to the new companies and partnerships that made such a successful year possible! Several of these companies were featured in a recent article “13 Ways Workers Won in Glendale” in the Arizona Republic.

Tanger Outlet at Westgate is Expanding
After being open less than two years, Tanger Outlets near Loop 101 and Glendale Ave will be expanding. Consumer demand has accelerated the need for additional space ahead of schedule. Currently 68,000 square feet are under construction with the new stores expected to open by this November, before the start of the holiday shopping season. Once open 200 new jobs will be created in addition to the 900 people that work at the center today. New stores continue to want to join the high quality retailers already at Tanger. In June, Nestle Toll House Café opened its first Café in Arizona at Tanger. Express Factory Outlet will be expanding into the center later this year.

 

 

New Business:

Glendale, AZ - Recovery - Grant awarded. New Aspera Project Begins Construction in Glendale
On May 6th, hundreds of people attended the Aspera groundbreaking at the site just north of the Loop 101 and 75th Ave. Among those in attendance were Governor Jan Brewer, Mayor Jerry Weiers, district Councilmember Manny Martinez, Kurt and Brenda Warner, developer Don Cardon and Church of Joy Pastor Walt Kallestad. Aspera is an exciting mixed-use project anchored by Banner Medical Group and will also include upscale multi-family residential, shopping, an assisted living facility and Treasure House, a group home supporting young adults with intellectual and developmental disabilities that was the idea of Kurt and Brenda Warner. Development of the site is already underway, with the grading of the entire site and roads, the Banner project in design review and the pre application meeting for the apartment complex having been held. To watch a video of the groundbreaking, click here
Glendale, AZ - Recovery - Grant awarded. St. Joseph’s Westgate Grand Opening
Glendale officially welcomed its third hospital in May - St. Joseph’s Westgate Medical Center began seeing patients at their site just off of the Loop 101 and Northern. The 60,000 square foot hospital, part of the Dignity Health system, has 24 in-patient beds, a 12-bed emergency service, operating rooms and diagnostic services. The hospital has the capacity to grow to 200 beds as demand grows.
Glendale, AZ - Recovery - Grant awarded.

American Furniture Warehouse Update
Construction on the American Furniture Warehouse store along the Loop 101 is progressing quickly and is nearing the home stretch. The location is expected to be open during August of this year. The facility will bring 300 new jobs to Glendale.
American Furniture Warehouse

Glendale, AZ - Recovery - Grant awarded. Zanjero Falls Sold
Zanjero Falls, a 147,000 square foot office building with an adjacent 10 acres of land, was recently purchased by Select Healthcare Solutions. The company will be developing an 11,000 square foot cancer center on part of the site, with plans to develop other medical uses on the remainder of the site.

 

Glendale Represented at 2014 Bio International Convention
Glendale staff partnered with the Arizona Commerce Authority and other local organizations to attend the 2014 Bio International Convention in San Diego in June. This convention is the largest representation of biotechnology related companies with thousands attending, giving Glendale a chance to feature the city’s key assets in this industry. Biotechnology includes diverse sectors such as pharmaceuticals, medical devices, bioinformatics and nanotechnologies and is one of the country’s fastest growing industries.


 

Spotlight on - Med Tech and Healthcare

  • Glendale, AZ - ScienceWith the opening of St. Joseph’s Westgate in May 2014, Glendale is now home to three hospitals – Banner Thunderbird, the fourth largest hospital in the region and home to the West Valley’s only Pediatric ICU; Arrowhead Hospital a full-service acute care hospital that has treated more than 1 million people since opening in 1988; and St. Joseph’s Westgate, a new 24 bed inpatient hospital that has capacity to expand to over 200 inpatient beds as demand grows.

  • Glendale is also the location of Midwestern University, which offers programs in Osteopathic Medicine, Pharmacy, Health Sciences, Optometry, and Dental. With an inaugural class of 100 for the 2014-2015 school year, Midwestern has added a Veterinary Medicine program. This is the state’s first veterinary school and one of only five in the Western US. Glendale Community College, which offers programs in nursing and biotech, and Arizona College, which has programs in allied health and nursing are located in the community as well.

Healthcare is expected to be one of the fastest growing occupations in Glendale over the next five years – one out of every seven jobs created will be in the industry, and with the current assets in the city we have the capacity to meet this demand.

 


 

Glendale’s 2nd Quarter 2014 Building Vacancy RatesGlendale Growth

As shown by the successful location of many projects in a variety of industries over the past year, Glendale continues to remain a prime location for companies.
Building occupancy rates are one statistic used to track the health of the business community in Glendale. Occupancy and vacancy rates are tracked in the retail, office and industrial categories.

Glendale’s June 2014 Building Occupancy Rates are as follows:

 

Rate

Retail

Industrial

Office

Square feet Vacant

1,049,968

556,974

1,292,721

Square feet Occupied

12,452,521

9,757,288

3,601,048

Percent Vacant

7.8%

5.4%

26.4%

 

Market Comparisons:

 

Glendale:

Metro  Phoenix:     

National:

Retail Vacancy:    

7.8%  

10.3%

6.4%

Industrial Vacancy:  

5.4%

12.4%

7.7%

Office Vacancy:    

26.4%

17.7%  

11.4%

The industrial market in Glendale continues to be extremely strong. Vacancy rates have reached levels not seen since before the recession; in fact the last time the vacancy rate was this low was in 3rd quarter 2007. The city has just over 550,000 square feet of vacant space available for lease, with two spaces available over 50,000 square feet. However, even with the lack of existing space, the city can still accommodate most industrial users with build to suit opportunities in and near the Glen Harbor Business Park and other sites throughout the city. Glendale’s speed to market allows users to be operational quickly and occupy a building exactly to their specifications.

The retail market continues to be another bright spot in the city, with a vacancy rate that is two and a half percent below the overall metro average. Vacancy rates have been fairly steady since the last quarter, declining by 0.1%. However the vacancy rate is down an entire percentage point from the same time last year. And between American Furniture Warehouse and Phase II of Tanger Outlets coming online by the end of the year, Glendale’s retail market will be growing by nearly 700,000 square feet.

The office market continues to struggle compared to other market segments, with a vacancy rate above the metro and national averages. The space is concentrated in three spaces that have over 100,000 square feet available, representing 25% of the vacant office space. However the market is expected to improve in the coming months, as one of the largest facilities, the Zanjero Falls building, is no longer vacant since it was purchased this month. The vacancy rate could drop by as much as 3% as a result of this space being absorbed.

 

 

Meet the Glendale Economic Development Divsion:

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