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| Aerial of site for planned 267-acre Goodyear Air Park, Goodyear, AZ |
PHOENIX, AZ – Lincoln Property Company (LPC) and industrial
specialists in the Phoenix office of Jones Lang LaSalle (JLL) have collaborated
to attract corporate design/build projects to a major new, multi-employer
business park named Goodyear AirPark in Goodyear, Ariz.
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| Anthony J. Lydon |
The announcement comes on the heels of a joint venture
formed between LPC and property owner Carefree Partners Investments.
LPC will be the project’s design-build developer, based on
the firm’s national scope, local office accessibility and ability to deliver an
array of high-end design-build products. Jones Lang LaSalle Managing Directors Anthony
J. Lydon, SIOR, and Marc Hertzberg, SIOR, serve as the project’s
exclusive marketing coordinators.
The project, at build-out, has the potential to add
approximately 4,000 new jobs to the market.
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| Marc Hertzberg |
“We’re on the front end of the next wave of industrial
building,” said Lincoln Property Company Executive Vice President David
Krumwiede. “It is the opportune time to capture employer interest and make
very big, very positive, very lasting contributions to the Valley’s job
growth.”
“Goodyear is the Valley’s gateway from Southern California.
Employers seeking new space solutions in Arizona can take advantage of our 30
to 40 percent operational cost savings, and the 267 acres of shovel-ready land
that Goodyear AirPark provides to respond to their demand,” said Lydon.
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| David Krumwiede |
“LPC also has the
financial and construction expertise to build exactly what corporate employers
need, whether it is office, industrial, flex or research space. That gives us
tremendous leverage toward our mission: to attract businesses that will provide
long-term value to the greater West Valley market.”
According to JLL, only 10 percent of Goodyear’s 189 square
miles is currently developed, offering significant opportunity for site
selection and design-build activity. Current nearby industrial employers
include Amazon, Macys, SubZero, Cancer Treatment Centers of America and Dick’s
Sporting Goods.
Goodyear AirPark is located just south of the southwest
corner of Litchfield Road and the newly widened Highway 85, directly south of
the Goodyear Airport. Its 267 acres include flexible/divisible lot sizes with
Highway 85 frontage and direct access to I-10 (via the I-10 reliever highway),
a bicoastal, federal corridor that serves as the metro area’s main
transportation artery.
The site is also in close proximity to I-8 and the
proposed Loop 202 and under construction Loop 303 freeways.
Goodyear AirPark offers variable zoning and is Foreign Trade
Zone capable, which translates into a potential 75 percent reduction in real
property tax and personal property (equipment) tax and duty deferral or
elimination.
For a complete copy of the company’s news release, please
contact:
Stacey Hershauer
focusAZ
Marketing & Public Relations
(480) 600-0195
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