Tag: Economic Development

Fox Corporation, producer and distributor of news, sports and entertainment content through FOX News, FOX Sports, the FOX Network and the FOX Television Stations, has announced that it will build its new FOX Media Center within the Arizona State University Research Park in Tempe, Arizona.

The center, which will be the streaming and technological hub for the company, is expected to be operational in 2021. It will provide the foundation for the company’s existing and future digital streaming and content distribution capabilities, manage and distribute programming and incorporate investments and partnerships from cloud computing to artificial intelligence to software engineering.

– Connie Weber, Arizona Commerce Authority

Workuity, an innovative coworking space, is now open in Chandler at 3133 W. Frye Road. This marks the organization’s second location in Arizona, joining a space in Phoenix that opened in 2017.

Workuity’s Chandler location is 20,000 square feet with 62 offices and six conference rooms as well as private cubicles. The facility provides benefits such as a large event space with a private theater and training room, a full kitchen including complimentary coffee, and a bar with draft beer on tap. Short-term leases are available and prices range depending on the size and type of workspace needed.

– Dan Kite, Workuity

Rauch Fruit Juices, Red Bull and Ball Corporation have together been approved for a new, multimillion-dollar facility at the Woolf Logistics Industrial Campus in Glendale, Arizona.

The facility is expected to bring 140 jobs to the area and will be fully operational by 2021. It marks the first development on Woolf Campus, which was annexed into the Glendale in late 2017 and totals more than 1,300 acres.

The project is consistent with the Glendale’s general plan and will spur development in the “New Frontier District,” which includes the Loop 303 corridor, Luke Air Force Base and Woolf Campus.

– Connie Weber, Arizona Commerce Authority

Symboticware Inc., an industry leader of standardized information-based technology to enhance productivity, sustainability, profitability and safety through real-time data management solutions, has opened its U.S./Mexico headquarters in Tucson, Arizona.

It expects to hire 20 high-tech professionals in the next five years and will focus on collaborating with regional customers on asset reliability services to include criticality analysis, failure mode analysis, condition-based maintenance and performance metrics.

The selection of Tucson for Symboticware’s regional headquarters highlights southern Arizona’s attractiveness to innovative companies. Symboticware joins Caterpillar, Modular Mining Systems, Hexagon Mining and AXISCADES in calling Tucson home.

– The Arizona 100 staff

Punch Bowl Social will open a 22,000-square-foot location in downtown Phoenix’s Roosevelt Row district in fall 2019.

The brand, which is credited as the first experiential food and beverage brand to bring a scratch kitchen and craft beverages together with social gaming under a design-forward roof, opened its first location in Denver in 2012. It now counts 15 properties nationwide and was named among “The World’s Most Innovative Companies of 2018” by Fast Company.

The combination restaurant, bar and entertainment venue will feature Ping-Pong, darts, board games, video games, bowling, private karaoke rooms and more.

– Robert Thompson, Punch Bowl Social

According to a recent study, downtown Tucson is among the top 10 emerging downtown city centers in the nation. The study identified five key principles – economy, inclusion, vibrancy, identity and resilience – and analyzed more than 100 key data points within the principles to quantify the value of a given U.S. downtown.

Joining Tucson on the list of emerging downtowns are: Durham, North Carolina; El Paso, Texas; Greensboro, North Carolina; Lancaster, California; Norfolk, Virginia; Oklahoma City; Sacramento, California; San Antonio and Wichita, Kansas.

The study recognized Miami, Seattle and Minneapolis among “established downtowns” and 12 U.S. cities as “growing.”

– International Downtown Association

As part of its ongoing $4 million renovation, Peoria’s Park West Shopping Center has announced the addition of five new tenants: Hash Kitchen, The Sicilian Butcher, The Sicilian Baker Cannoli Bar & Market, Jalapeno Inferno and Pita Jungle. Forever 21, Koi Poke, Orangetheory Fitness and Creamistry were previously announced as coming in 2019. In addition, Cold Beers & Cheeseburgers is now open.

Renovations to Park West also include a new agave-shaped splash pad in the plaza, as well as wood lattices, misters and greenery that will line the walkways of the center. A grand re-opening is planned for the fall.

– The Arizona 100 staff

Belgium-based aircraft recycling and upcycling service Aerocircular announced it is expanding operations in North America with a new facility at Phoenix-Mesa Gateway Airport in Mesa, Arizona.

The company is expected to create more than 130 jobs over five years in this fully autonomous maintenance, repair and overhaul facility that will serve the continental market. This will be Aerocircular’s first and only operation in North America.

Aerocircular will occupy a new airport hangar to allow for the disassembly and dismantling of three 737s at one time. The turnaround time for completion of one aircraft is three weeks or less.

– Bill Jabjiniak, City of Mesa

Stream Data Centers has acquired a 418,000-square-foot facility on 157 acres of land in Goodyear, where it will establish a data center campus. Initially, Stream will redevelop the existing facility. It will be fully operational by early 2020.

This acquisition marks Stream’s entrance into the Phoenix market and will enable it to scale with the needs of the area’s cloud providers and enterprise users. At full build, the campus will support approximately 2 million square feet. Stream will dedicate land for an on-site substation to be constructed by APS with ultimate power capacity of 350 megawatts.

– The Arizona 100 Staff