By Fara Illich for DTPHX
Since 2016, technology and coworking companies have leased 620KSF of office space in Downtown Phoenix – a 1.7-square-mile area that many thought would never attract tech.
For decades, companies looking to open or relocate passed over downtown for places like Chandler, Scottsdale or Tempe. The popularity of suburban office parks in the ‘80s and ‘90s didn’t help.
A pervasive stigma lingered over downtown, and even after that began to turn around in the 2000’s, some developers and commercial real estate brokers still pigeonholed Phoenix’s urban core as a place with no parking, amenities or workforce.