With a regional airport, ample freeway frontage, and large swaths of available land, Goodyear has quietly developed into the Phoenix region’s next economic hot spot.
The southwest Valley city has a high median income and an educated workforce eager to stay closer to home for work than brace the eastward commute down Interstate 10 toward Phoenix and the East Valley communities that have long been the region’s economic breadwinners.
Dallas-based Stream Data Centers’ planned 2 million-square-foot project is the latest indicator Goodyear is poised to take off. The development comes only a few months after tech giant Microsoft Corp. scooped up land to build a data center of its own.
In addition to the city’s fledgling cloud-based tech cluster near its airport, the city has leveraged its ample freeway frontage into a burgeoning industrial hub with the likes of Dick’s Sporting Goods, REI and pet-supplies retailer Chewy operating warehouses along Loop 303.
And let’s not forget about the long-in-the-works Estrella Falls regional shopping mall that creeps closer to fruition at McDowell Road and Bullard Avenue.
Arguably, Goodyear’s push to become a strong regional economic development player started a little over a decade ago when it swooped in to woo Cancer Treatment Centers of America to build its Valley hospital off I-10 and Litchfield Road. That move came after CTCA was close to a deal to build in Phoenix.
While that move might have rustled some feathers at the time, it proved Goodyear was serious about its economic growth. And, more than 10 years on, the city is shaping up to be a model for sustainable economic growth in the Valley.
Article originally posted on Phoenix Business Journal on February 22, 2019