city of phoenix in phoenix.pdf · new development city of phoenix stable real estate and employment...
TRANSCRIPT
![Page 1: City of Phoenix in Phoenix.pdf · New Development City of Phoenix STABLE REAL ESTATE AND EMPLOYMENT MARKET . 8. 9. 10 City of Phoenix LARGEST PRIVATE EMPLOYERS #1 #5 In the nation](https://reader033.vdocuments.site/reader033/viewer/2022060405/5f0f2ddb7e708231d442e0fc/html5/thumbnails/1.jpg)
1
City of Phoenix
![Page 2: City of Phoenix in Phoenix.pdf · New Development City of Phoenix STABLE REAL ESTATE AND EMPLOYMENT MARKET . 8. 9. 10 City of Phoenix LARGEST PRIVATE EMPLOYERS #1 #5 In the nation](https://reader033.vdocuments.site/reader033/viewer/2022060405/5f0f2ddb7e708231d442e0fc/html5/thumbnails/2.jpg)
2
Population4.7M
Workforce2.3M
Median Age32.6
Some College56.5%
Household Income5.8%
Phoenix Area
DEMOGRAPHICS
![Page 3: City of Phoenix in Phoenix.pdf · New Development City of Phoenix STABLE REAL ESTATE AND EMPLOYMENT MARKET . 8. 9. 10 City of Phoenix LARGEST PRIVATE EMPLOYERS #1 #5 In the nation](https://reader033.vdocuments.site/reader033/viewer/2022060405/5f0f2ddb7e708231d442e0fc/html5/thumbnails/3.jpg)
3Greater Phoenix Communities
67% of the State’s economy comes from Greater Phoenix
Greater Phoenix: 4,569,800Maricopa County: 4,152,800
![Page 4: City of Phoenix in Phoenix.pdf · New Development City of Phoenix STABLE REAL ESTATE AND EMPLOYMENT MARKET . 8. 9. 10 City of Phoenix LARGEST PRIVATE EMPLOYERS #1 #5 In the nation](https://reader033.vdocuments.site/reader033/viewer/2022060405/5f0f2ddb7e708231d442e0fc/html5/thumbnails/4.jpg)
4
Phoenix – 518 Square Miles
Los Angeles – 502 Square Miles
Dallas – 385 Square Miles
New York City – 468 Square Miles
Austin – 305 Square Miles
Size Population Growth
Arizona State University
University of Arizona
Norther Arizona University
Grand Canyon University
Maricopa Community Colleges
Educational Institutions
City of Phoenix
Phoenix
Phoenix – 32,113
Los Angeles – 27,173
San Antonio – 24,473
New York City – 21,171
![Page 5: City of Phoenix in Phoenix.pdf · New Development City of Phoenix STABLE REAL ESTATE AND EMPLOYMENT MARKET . 8. 9. 10 City of Phoenix LARGEST PRIVATE EMPLOYERS #1 #5 In the nation](https://reader033.vdocuments.site/reader033/viewer/2022060405/5f0f2ddb7e708231d442e0fc/html5/thumbnails/5.jpg)
5
City of Phoenix
STRENGTHS & ADVANTAGES
BUSINESSES ARE GROWING IN PHOENIX
PHOENIXSTRENGTHS & ADVANTAGES
TALENTED,DIVERSE WORKFORCE,
STRONG EDUCATIONAL ASSETS
STRONG CULTUREOF COMMUNITY AND
IDEAS
IDEAL POSITION LOGISTICALLY
CLIMATE, OUTDOOR LIFESTYLE, PARKS, HIKING AND FAMILY OPPORTUNITIES
ABUNDANT NATURAL RESOURCES
DIVERSITY OF LIFESTYLES
![Page 6: City of Phoenix in Phoenix.pdf · New Development City of Phoenix STABLE REAL ESTATE AND EMPLOYMENT MARKET . 8. 9. 10 City of Phoenix LARGEST PRIVATE EMPLOYERS #1 #5 In the nation](https://reader033.vdocuments.site/reader033/viewer/2022060405/5f0f2ddb7e708231d442e0fc/html5/thumbnails/6.jpg)
6Sectors & Areas of Economic Focus
Sector Strategies
•Advanced Business Services
•Manufacturing
•Bioscience/Healthcare
•Sustainable Technologies
•Information Technologies
•Entrepreneurship
Areas of Focus
•13 Employment Corridors
•New Urban Tech
•Vibrant 24/7 Central City
•Community Development
oRedevelopment
•Higher Education
•Entrepreneurship
City of Phoenix
SECTOR STRATEGIES AND AREAS OF FOCUS
![Page 7: City of Phoenix in Phoenix.pdf · New Development City of Phoenix STABLE REAL ESTATE AND EMPLOYMENT MARKET . 8. 9. 10 City of Phoenix LARGEST PRIVATE EMPLOYERS #1 #5 In the nation](https://reader033.vdocuments.site/reader033/viewer/2022060405/5f0f2ddb7e708231d442e0fc/html5/thumbnails/7.jpg)
7
Unemployment
Average Wage(new jobs to market)
Office Vacancy
Industrial Vacancy
New Development
City of Phoenix
STABLE REAL ESTATE AND EMPLOYMENT MARKET
![Page 8: City of Phoenix in Phoenix.pdf · New Development City of Phoenix STABLE REAL ESTATE AND EMPLOYMENT MARKET . 8. 9. 10 City of Phoenix LARGEST PRIVATE EMPLOYERS #1 #5 In the nation](https://reader033.vdocuments.site/reader033/viewer/2022060405/5f0f2ddb7e708231d442e0fc/html5/thumbnails/8.jpg)
8
![Page 9: City of Phoenix in Phoenix.pdf · New Development City of Phoenix STABLE REAL ESTATE AND EMPLOYMENT MARKET . 8. 9. 10 City of Phoenix LARGEST PRIVATE EMPLOYERS #1 #5 In the nation](https://reader033.vdocuments.site/reader033/viewer/2022060405/5f0f2ddb7e708231d442e0fc/html5/thumbnails/9.jpg)
9
![Page 10: City of Phoenix in Phoenix.pdf · New Development City of Phoenix STABLE REAL ESTATE AND EMPLOYMENT MARKET . 8. 9. 10 City of Phoenix LARGEST PRIVATE EMPLOYERS #1 #5 In the nation](https://reader033.vdocuments.site/reader033/viewer/2022060405/5f0f2ddb7e708231d442e0fc/html5/thumbnails/10.jpg)
10
City of Phoenix
LARGEST PRIVATE EMPLOYERS
#1
#5
In the nation for entrepreneurial
activity
(Fast Company)
Fastest growing tech market
(Fortune)
Banner Health
Wells Fargo
Honeywell
Bank of America
American Express
Pinnacle West Capital
U-Haul
Apollo Group
St. Joseph’s Hospital
25,518
12,634
9,502
9,222
5,793
5,284
4,627
4,014
3,770
![Page 11: City of Phoenix in Phoenix.pdf · New Development City of Phoenix STABLE REAL ESTATE AND EMPLOYMENT MARKET . 8. 9. 10 City of Phoenix LARGEST PRIVATE EMPLOYERS #1 #5 In the nation](https://reader033.vdocuments.site/reader033/viewer/2022060405/5f0f2ddb7e708231d442e0fc/html5/thumbnails/11.jpg)
11
City of Phoenix
TECH TALENT
14.4%Expected job growth by 2019 –outpacing Seattle, Denver and Austin
2,610Number of custom computer programmers in Greater Phoenix
66,912Direct employment in Information and
Communications Technology jobs in Greater Phoenix
11,257Number of software publishers in
Greater Phoenix
![Page 12: City of Phoenix in Phoenix.pdf · New Development City of Phoenix STABLE REAL ESTATE AND EMPLOYMENT MARKET . 8. 9. 10 City of Phoenix LARGEST PRIVATE EMPLOYERS #1 #5 In the nation](https://reader033.vdocuments.site/reader033/viewer/2022060405/5f0f2ddb7e708231d442e0fc/html5/thumbnails/12.jpg)
12
City of Phoenix
RECENT TECH EXPANSIONS
![Page 13: City of Phoenix in Phoenix.pdf · New Development City of Phoenix STABLE REAL ESTATE AND EMPLOYMENT MARKET . 8. 9. 10 City of Phoenix LARGEST PRIVATE EMPLOYERS #1 #5 In the nation](https://reader033.vdocuments.site/reader033/viewer/2022060405/5f0f2ddb7e708231d442e0fc/html5/thumbnails/13.jpg)
13
Healthcare / Bioscience
Financial Services
Big Data
Cybersecurity
Web Development
Software Development
Aerospace and Defense
Autonomous Vehicles
Entrepreneurship
Circular Economy / Sustainability
Tech Trends in PhoenixCity of Phoenix
TECHNOLOGY ATTRACTION/EXPANSION FOCUS
![Page 14: City of Phoenix in Phoenix.pdf · New Development City of Phoenix STABLE REAL ESTATE AND EMPLOYMENT MARKET . 8. 9. 10 City of Phoenix LARGEST PRIVATE EMPLOYERS #1 #5 In the nation](https://reader033.vdocuments.site/reader033/viewer/2022060405/5f0f2ddb7e708231d442e0fc/html5/thumbnails/14.jpg)
14
Goodbye New York, Hello Arizona
Regional Financial Hub
Broad company sector
March 2017, hiring for finance and insurance jobs grew faster than any state in the Country over previous 12 months
Technology and online banking mean companies have more opportunities for site locations
City of Phoenix
FINANCIAL SERVICES
![Page 15: City of Phoenix in Phoenix.pdf · New Development City of Phoenix STABLE REAL ESTATE AND EMPLOYMENT MARKET . 8. 9. 10 City of Phoenix LARGEST PRIVATE EMPLOYERS #1 #5 In the nation](https://reader033.vdocuments.site/reader033/viewer/2022060405/5f0f2ddb7e708231d442e0fc/html5/thumbnails/15.jpg)
15
City of Phoenix
CULTIVATE SMALL BUSINESSES AND ENTREPRENEURSHIP
6,563Small Businesses Export Goods
12,434 Small Business in Phoenix Area
94% +Business in Phoenix have <50 employees
![Page 16: City of Phoenix in Phoenix.pdf · New Development City of Phoenix STABLE REAL ESTATE AND EMPLOYMENT MARKET . 8. 9. 10 City of Phoenix LARGEST PRIVATE EMPLOYERS #1 #5 In the nation](https://reader033.vdocuments.site/reader033/viewer/2022060405/5f0f2ddb7e708231d442e0fc/html5/thumbnails/16.jpg)
16
Greater Phoenix encompasses distinct communities, each with its own identity and assets. Collectively, they offer vast opportunity. Because you don’t have to be entrenched in the business or social hierarchy of the region to succeed, Greater Phoenix offers everyone the chance to thrive and make a significant impact.
![Page 17: City of Phoenix in Phoenix.pdf · New Development City of Phoenix STABLE REAL ESTATE AND EMPLOYMENT MARKET . 8. 9. 10 City of Phoenix LARGEST PRIVATE EMPLOYERS #1 #5 In the nation](https://reader033.vdocuments.site/reader033/viewer/2022060405/5f0f2ddb7e708231d442e0fc/html5/thumbnails/17.jpg)
17
43 million passengers in 2016
2,100 daily domestic and international flights
120,000 boardings every day
21 daily international destinations
Major Carriers include:• Air Canada• Alaska Airlines• America Airlines• Ameriflight• British Airways• Condor• Delta Airlines• Frontier Airlines• Hawaiian Airlines• JetBlue• Southwest Airlines• Spirit Airlines• United/Continental• Volaris
City of Phoenix
Sky Harbor Airport
PHX
![Page 18: City of Phoenix in Phoenix.pdf · New Development City of Phoenix STABLE REAL ESTATE AND EMPLOYMENT MARKET . 8. 9. 10 City of Phoenix LARGEST PRIVATE EMPLOYERS #1 #5 In the nation](https://reader033.vdocuments.site/reader033/viewer/2022060405/5f0f2ddb7e708231d442e0fc/html5/thumbnails/18.jpg)
18
City of Phoenix
Light Rail
26.3 miles long currently
14.3 million passengers in FY2015
2015 ballot proposition approved $31.5B 35-year transportation plan
Southern and Western expansion in the designing phase for 2019
![Page 19: City of Phoenix in Phoenix.pdf · New Development City of Phoenix STABLE REAL ESTATE AND EMPLOYMENT MARKET . 8. 9. 10 City of Phoenix LARGEST PRIVATE EMPLOYERS #1 #5 In the nation](https://reader033.vdocuments.site/reader033/viewer/2022060405/5f0f2ddb7e708231d442e0fc/html5/thumbnails/19.jpg)
19
100+ years of investment in the region’s water supply to prepare for growth
Using the same water use today as in 1957, planning has banked 9 million acre-feet of water underground in Arizona
Arizona’s population is expected to grow nearly 60% between 2009-2035 while water use is only expected to grow by 19 –25%
WaterPrimary electric companiesArizona Public Service (APS) & Salt River Project (SRP)
Ranked as top business service providers by J.D. Power & Associates
Palo Verde Nuclear Power PlantLargest nuclear power plant in the U.S.
3,942 MW capacity
PowerMore than 60 fiber, telecom,
broadband and wireless providers
Robust fiber network with
dependable telecomm
infrastructure including
CenturyLink and Cox
Telecommunications
City of Phoenix
INFRASTRUCTURE
![Page 20: City of Phoenix in Phoenix.pdf · New Development City of Phoenix STABLE REAL ESTATE AND EMPLOYMENT MARKET . 8. 9. 10 City of Phoenix LARGEST PRIVATE EMPLOYERS #1 #5 In the nation](https://reader033.vdocuments.site/reader033/viewer/2022060405/5f0f2ddb7e708231d442e0fc/html5/thumbnails/20.jpg)
20WIDE ARRAY OF RESIDENTIAL LIFESTYLES
Single FamilyResidential
Suburban Horse Properties
Townhouses & Condos
Apartments
Downtown Urban High-rise
![Page 21: City of Phoenix in Phoenix.pdf · New Development City of Phoenix STABLE REAL ESTATE AND EMPLOYMENT MARKET . 8. 9. 10 City of Phoenix LARGEST PRIVATE EMPLOYERS #1 #5 In the nation](https://reader033.vdocuments.site/reader033/viewer/2022060405/5f0f2ddb7e708231d442e0fc/html5/thumbnails/21.jpg)
21
City of Phoenix
Dining Around Phoenix
![Page 22: City of Phoenix in Phoenix.pdf · New Development City of Phoenix STABLE REAL ESTATE AND EMPLOYMENT MARKET . 8. 9. 10 City of Phoenix LARGEST PRIVATE EMPLOYERS #1 #5 In the nation](https://reader033.vdocuments.site/reader033/viewer/2022060405/5f0f2ddb7e708231d442e0fc/html5/thumbnails/22.jpg)
22
City of Phoenix
VIBRANT LIFESTYLE
![Page 23: City of Phoenix in Phoenix.pdf · New Development City of Phoenix STABLE REAL ESTATE AND EMPLOYMENT MARKET . 8. 9. 10 City of Phoenix LARGEST PRIVATE EMPLOYERS #1 #5 In the nation](https://reader033.vdocuments.site/reader033/viewer/2022060405/5f0f2ddb7e708231d442e0fc/html5/thumbnails/23.jpg)
23
![Page 24: City of Phoenix in Phoenix.pdf · New Development City of Phoenix STABLE REAL ESTATE AND EMPLOYMENT MARKET . 8. 9. 10 City of Phoenix LARGEST PRIVATE EMPLOYERS #1 #5 In the nation](https://reader033.vdocuments.site/reader033/viewer/2022060405/5f0f2ddb7e708231d442e0fc/html5/thumbnails/24.jpg)
24HEALTHCARE ASSETS
8 Hospitals in the region that are in the Top 20 national for excellence
• Abrazo Health• Banner Health• Banner Alzheimer’s Hospital• Barrow’s Neurological Institute• Cancer Treatment Centers of America• Dignity Health• Honor Health• Institute of Precision Medicine• Mayo Clinic Hospital• Mayo Proton Therapy Center• Oasis Orthopedic Hospital• Phoenix Children’s Hospital• St. Luke’s Health Initiative• SunHealth• Translational Genomics Institute• University of Arizona Cancer Center• University of Arizona Medical School
![Page 25: City of Phoenix in Phoenix.pdf · New Development City of Phoenix STABLE REAL ESTATE AND EMPLOYMENT MARKET . 8. 9. 10 City of Phoenix LARGEST PRIVATE EMPLOYERS #1 #5 In the nation](https://reader033.vdocuments.site/reader033/viewer/2022060405/5f0f2ddb7e708231d442e0fc/html5/thumbnails/25.jpg)
25
![Page 26: City of Phoenix in Phoenix.pdf · New Development City of Phoenix STABLE REAL ESTATE AND EMPLOYMENT MARKET . 8. 9. 10 City of Phoenix LARGEST PRIVATE EMPLOYERS #1 #5 In the nation](https://reader033.vdocuments.site/reader033/viewer/2022060405/5f0f2ddb7e708231d442e0fc/html5/thumbnails/26.jpg)
26
Local Educational Assets
All A rated schools
![Page 27: City of Phoenix in Phoenix.pdf · New Development City of Phoenix STABLE REAL ESTATE AND EMPLOYMENT MARKET . 8. 9. 10 City of Phoenix LARGEST PRIVATE EMPLOYERS #1 #5 In the nation](https://reader033.vdocuments.site/reader033/viewer/2022060405/5f0f2ddb7e708231d442e0fc/html5/thumbnails/27.jpg)
27
![Page 28: City of Phoenix in Phoenix.pdf · New Development City of Phoenix STABLE REAL ESTATE AND EMPLOYMENT MARKET . 8. 9. 10 City of Phoenix LARGEST PRIVATE EMPLOYERS #1 #5 In the nation](https://reader033.vdocuments.site/reader033/viewer/2022060405/5f0f2ddb7e708231d442e0fc/html5/thumbnails/28.jpg)
28
90,906 42,59529,021 4,480226,400 18,500
City of Phoenix
HIGHER EDUCATION ENROLLMENT
![Page 29: City of Phoenix in Phoenix.pdf · New Development City of Phoenix STABLE REAL ESTATE AND EMPLOYMENT MARKET . 8. 9. 10 City of Phoenix LARGEST PRIVATE EMPLOYERS #1 #5 In the nation](https://reader033.vdocuments.site/reader033/viewer/2022060405/5f0f2ddb7e708231d442e0fc/html5/thumbnails/29.jpg)
29
City of Phoenix
MAJOR EVENTS
2008 NFL Super Bowl
XLII & 2015 NFL Super
Bowl XLIX
NCAA College Sport
events year-round,
including 2 bowl games
and the 2017 Final Four
PGA’s best attended
event is the Waste
Management Open
NASCAR at Phoenix
International Raceway hosts
2 annual Spirit Cup Races
![Page 30: City of Phoenix in Phoenix.pdf · New Development City of Phoenix STABLE REAL ESTATE AND EMPLOYMENT MARKET . 8. 9. 10 City of Phoenix LARGEST PRIVATE EMPLOYERS #1 #5 In the nation](https://reader033.vdocuments.site/reader033/viewer/2022060405/5f0f2ddb7e708231d442e0fc/html5/thumbnails/30.jpg)
30
City of Phoenix
MAJOR LEAGUE SPORTS
Arizona
Cardinals
NFL
Arizona
Coyotes
NHL
Arizona
Diamondbacks
MLB
Phoenix
Suns
NBA
Phoenix
Mercury
WNBA
![Page 31: City of Phoenix in Phoenix.pdf · New Development City of Phoenix STABLE REAL ESTATE AND EMPLOYMENT MARKET . 8. 9. 10 City of Phoenix LARGEST PRIVATE EMPLOYERS #1 #5 In the nation](https://reader033.vdocuments.site/reader033/viewer/2022060405/5f0f2ddb7e708231d442e0fc/html5/thumbnails/31.jpg)
31
City of Phoenix
ARTS & OUTDOORS
230+ art galleries
50+ performing arts theaters
40+ museums
325+ golf courses
300+ days of sunshine annually
Hundreds of miles of trails for hiking, mountain biking, rock climbing and off-road vehicles
• 182 parks in Phoenix covering more than 41,000 acres
• Two largest parks in the US
![Page 32: City of Phoenix in Phoenix.pdf · New Development City of Phoenix STABLE REAL ESTATE AND EMPLOYMENT MARKET . 8. 9. 10 City of Phoenix LARGEST PRIVATE EMPLOYERS #1 #5 In the nation](https://reader033.vdocuments.site/reader033/viewer/2022060405/5f0f2ddb7e708231d442e0fc/html5/thumbnails/32.jpg)
32
City of Phoenix
EVENTS & FESTIVALS
Arizona Jazz FestivalArizona OperaArtLink First FridaysAssorted Culinary and Beverage FestivalsBallet ArizonaBarrett Jackson Classic Car AuctionDesert Botanical GardensFiesta BowlGammage AuditoriumHeard MuseumLost Lake Music FestivalMcDowell Mountain Music FestivalMesa Arts CenterMLB Spring TrainingMusical Instrument MuseumOrpheum TheaterPF Chang’s Rock n Roll MarathonPhoenix Art MuseumPhoenix SymphonyPhoenix ZooScottsdale Arts FestivalScottsdale Museum of Contemporary ArtsSouth Mountain ParkTempe Beach ParkWaste Management Phoenix Open for the PGA TourWest WorldWickenburg Gold Rush Days