West Valley Update May 2013

by David Brnilovich

The first quarter of 2013 is off to a strong start in the West Valley. West Valley Cities issued 24% more single-family building permits in the first quarter of 2013 over the first quarter of 2012. Commercial real estate is on the upswing. The Glendale Economic Development Department reports 455,000 square feet of new buildings will be constructed which will bring up to 500 new jobs to the City. Construction is underway for Arrowhead Cadillac at 83rd Avenue and Bell. Once opened, the dealership will generate 160 new jobs. Not to be out done by its larger neighbors, El Mirage will be home to the headquarters for Dakota Fabricating, Inc., a maker of equipment for the aggregate and mining industry. Initial new jobs are to be 60 and ultimately as many as 250 new jobs. In Goodyear, Macy’s will double the size of its fulfillment center and in neighboring Buckeye, Sun State Builders has begun construction of a new 450,00 square foot industrial building. Trine University from Indiana has opened its Peoria branch at 83rd Avenue and Thunderbird where it will be offering degrees in such areas as Engineering, Business and Computer Sciences. The healthcare field is also expanding in the West Valley with the groundbreaking of the 35 acre campus for St. Joseph’s Westgate Medical Center. The new hospital is scheduled to open in March 2014. The pace of acquisitions of unimproved land in the West Valley is accelerating with the supply of residential lots dwindling as new home construction accelerates.

Brinlovich_David_CMYKDavid Brnilovich is a member with the law firm of Jennings, Strouss & Salmon, PLC. His practice includes real estate, construction, corporate governance, small business formation, dissolution, purchases and asset sales, estate planning and estate planning litigation. Mr. Brnilovich can be contacted at dbrnilovich@jsslaw.com or 602.262.5898.

Leave a Reply