Credit: Butler Design Group Architects/City of Goodyear
By Roland Murphy | AZBEX
Another major project is joining the ranks of those seeking development delays due to market conditions and process considerations.
The Innovation Centre in Goodyear is a master-planned mixed-use proposal on the 224-acre site of a former racetrack facility that was demolished in 2017. The predominant portion of the plan is a roughly 140-acre industrial development of approximately 2.2MSF. The other components include a 26-acre commercial/retail and entertainment district and a 59-acre office/employment district.
Keystone Equities purchased the land and, after two rejections from the Goodyear Planning Commission, secured City Council’s approval for Planned Area Development rezoning of the 224 acres in 2020, with 37 stipulations attached. One requirement was that construction commences by January of this year.
Keystone sold the 140 acres to industrial developer Crow Holdings Industrial, which planned a five-building industrial center with structures ranging in size from 155KSF up to 1.26MSF. A revised site plan from August 2022 shows six buildings between 161.9KSF and 654KSF.
