Wednesday, December 1, 2021 12:13 pm

Retail rush: Goodyear

Business Facilities

One of the fastest-growing cities in the U.S., nestled in the West Valley of the Greater Phoenix region, Goodyear, AZ is in the midst of a retail boom that continues to grow.

Business Facilities

Retail is alive and well—booming—in Goodyear, Arizona. As one of America’s fastest growing cities with a primary trade area population nearing 142,000, real estate developers (who collectively invested nearly $100 million just last year) are seizing available sites and properties as quickly as possible. Most recently, a West Coast developer purchased 36 acres of prime retail land for $6 million, and a joint venture spent $45 million acquiring a 232,577-square-foot shopping center. The Market at Estrella Falls—anchored by national brands like T.J. Maxx, Home Goods, Old Navy and C-A-L Ranch, plus home to Arizona’s busiest Oregano’s Pizza Bistro—was bought by a developer who plans to add another 10 acres of dining, retail and entertainment. The momentum doesn’t show signs of slowing anytime soon; in fact, interest continues to grow.

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