By CBRE
Phoenix offers one of the most favorable development markets for commercial construction in the U.S. according to CBRE’s U.S. Development Opportunity Index. The Valley of the Sun secured the third overall spot on the inaugural list with sector rankings of second for office and multifamily development opportunities, third for industrial and fifteenth for retail.
The report, which analyzed the top 50 U.S. markets by population, scored markets based on four performance categories: construction costs, fundamental strength of existing supply, prior cycle performance and property forecast.
The full report is available here.
NEWS TICKER
- [July 2, 2025] - Tax Bill Would Make LIHTC Permanent
- [July 2, 2025] - Mesa P&Z Recommends Data Center Zoning Restrictions
- [July 1, 2025] - Retail Center & Senior Residential Development Planned in Casa Grande
- [July 1, 2025] - New 108-Room Hotel, Conference Center Planned in S. Phoenix
- [July 1, 2025] - State Government Shutdown Averted as Hobbs Signs Budget
- [July 1, 2025] - Industry Professionals 07-01-25
- [July 1, 2025] - Commercial Real Estate 07-01-25
- [June 27, 2025] - Arterial Life Cycle Program Covers 20 Years of Street Development