By Your Valley
The city of Peoria has been named Economic Development Organization of the Year in the Large Organization category by the Arizona Association for Economic Development.
This award recognizes Peoria’s significant contributions to the advancement of economic development within the state of Arizona.
The AAED’s Economic Development Distinguished by Excellence Awards were established to honor organizations that demonstrate outstanding work, accomplishments, and commitment to the economic development industry. This is the first time Peoria has been recognized with this award, highlighting the city’s dedication and success in driving economic growth and prosperity in their community.
Peoria was specifically recognized for innovative business attraction strategies, developed to create and support a semiconductor ecosystem that led to Amkor Technology’s investment of $2 billion and 2,000 jobs. In addition, Peoria has implemented various initiatives to strengthen the future workforce through partnerships with educational institutions starting as early as the 9th grade and through attracting a new K-12 American Leadership Academy Campus, schedule to open for the 2025 school year.