On behalf of Evergreen Devco Inc. and Evergreen-Apache & Southern LLC, the Phoenix office of JLL has completed the sale of 77 acres of land in Buckeye to Cardinal IG Companies, who will develop a 250KSF, build-to-suit advanced glass manufacturing facility at the site. The project will bring 100 new jobs to the City of Buckeye.
Cardinal IG is a wholly-owned subsidiary of Cardinal Glass Industries, a leading glass manufacturer with more than 6,000 employees and 37 manufacturing locations across the U.S.
Its new custom built, state-of-the-art manufacturing facility in Buckeye will produce high-quality, energy efficient insulating glass for residential window and door companies across the globe.
The development is expected to generate nearly $90,000 of direct annual revenue to the city, not including the indirect and induced positive fiscal impacts to the city of approximately $5 million over 20 years.
Buckeye Mayor Jackie Meck agreed that the land sale is a pivotal one for the city.
“This is a great company that Buckeye can partner with for many years, and it will provide great jobs for our residents,” Meck said. “I also hope that having Cardinal select Buckeye for locating its operations here will kick-start other manufacturing development in our city.”