Loop 303 corridor becomes global center for development

By Steve Burks | AZ Big Media

The drive along the 36-mile length of the Loop 303 freeway in the West Valley takes well under an hour. The trip goes fast, but not quite as fast as the land along the 303 is being gobbled up by developers and filled with massive manufacturing and logistics facilities.

“Developers from all parts of the country have been planting flags in that area. For the most part, that corridor is spoken for,” said John Lydon, vice president at JLL, who represented one of those newcomers to Arizona, CRG, which purchased land near Reems Road and Northern Avenue in Glendale, near the intersection of the 303 and Northern Parkway. CRG, which is based in Chicago, is teaming up with Phoenix developer Bird Dog industrial to build a 5.5 million square foot industrial park called The Cubes at Glendale.

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