AZ Big Media | AZRE
Colliers International in Arizona has released its Greater Scottsdale Airpark 2030 Report, which highlights market conditions and predictions for the popular Scottsdale Airpark submarket. The area has become an “18-Hour” city with a growing mix of apartments, modern retail, hotel amenities, and traditional commercial space.
“The Scottsdale Airpark has experienced a renaissance of sorts, formulating its own urban character that is proving very attractive to employers,” says Jim Keeley, SIOR, CCIM, founding partner of the Scottsdale Office of Colliers International in Arizona. “Job seekers, employers, and entrepreneurs are seeking live-work-play environments throughout the nation. The Scottsdale Airpark has expanded far beyond its light industrial roots to become a community where people live, walk their dogs, visit a great restaurant, and also work in a multitude of different industries.”
Highlights of Scottsdale Airpark action in 2019 include Tesla’s opening of its new, 40,000-square-foot service center; Optima adding two more multifamily properties; Silicon Valley ed-tech company Shmoop University, Inc. moved to the airpark, and Whish Body Products expanded its presence on Greenway-Hayden Loop.
