What's Hot

    Phoenix Wants Multifamily Mixed-Use at 19th & Dunlap Light Rail

    May 30, 2025

    Senior/Assisted Living Center Proposed in Maricopa

    May 30, 2025

    Scottsdale Establishes Transportation & Infrastructure Department

    May 30, 2025
    Facebook Twitter Instagram
    AZBEX
    NEWS TICKER
    • [May 30, 2025] - Phoenix Wants Multifamily Mixed-Use at 19th & Dunlap Light Rail
    • [May 30, 2025] - Senior/Assisted Living Center Proposed in Maricopa
    • [May 30, 2025] - Scottsdale Establishes Transportation & Infrastructure Department
    • [May 30, 2025] - Arizona Projects 05-30-25
    • [May 28, 2025] - Split Vote Complicates Plans for VAI Resort
    • [May 28, 2025] - Safford Approves 165-Unit Multifamily Development
    • [May 27, 2025] - JDM Proposal Reimagines Biltmore Infill Project
    • [May 27, 2025] - $500M Whiteriver Hospital Preparations Advancing
    Facebook Twitter YouTube LinkedIn
    • Home
    • News
      1. View Latest
      2. Planning & Development
      3. Local News
      4. Classifieds
      5. Editorial Analysis
      6. Budgets & Funding
      7. Commercial Real Estate
      8. People on the Move
      9. Arizona Projects
      10. Legislation & Regulations
      11. Trends

      Phoenix Wants Multifamily Mixed-Use at 19th & Dunlap Light Rail

      May 30, 2025

      Senior/Assisted Living Center Proposed in Maricopa

      May 30, 2025

      Split Vote Complicates Plans for VAI Resort

      May 28, 2025

      Safford Approves 165-Unit Multifamily Development

      May 28, 2025

      Scottsdale Establishes Transportation & Infrastructure Department

      May 30, 2025

      EdgeCore 44-Acre Mesa Land Buy Sets Up Massive Expansion

      May 23, 2025

      Ariz. Construction Added 2,400 Jobs in April

      May 21, 2025

      Phoenix Considering Data Center Development Restrictions

      May 21, 2025

      Glendale Voters to Determine VAI Resort’s Fate

      May 16, 2025

      Legislation Would Effectively Strip NIMBYs of Referendum Tool

      February 11, 2025

      2025 Forecast Tries to Clarify an Uncertain Market

      February 7, 2025

      KOREPlex Buckeye Site Quietly Listed For Sale

      January 31, 2025

      Peoria Council Approves $1.9B 10-Year CIP

      May 27, 2025

      Scottsdale Water Needs $50M for ‘Toilet to Taps’

      May 9, 2025

      Phoenix Releases $11.5B, 5-Year CIP with Nearly 1,000 Projects

      April 1, 2025

      Buckeye Starts Planning Bond Funding Outlays

      February 26, 2025

      Commercial Real Estate 05-27-25

      May 27, 2025

      Commercial Real Estate 05-20-25

      May 21, 2025

      Commercial Real Estate 05-13-25

      May 13, 2025

      Commercial Real Estate 05-06-25

      May 6, 2025

      Industry Professionals 05-27-25

      May 27, 2025

      Industry Professionals 05-20-25

      May 21, 2025

      Industry Professionals 05-13-25

      May 13, 2025

      Industry Professionals 05-06-25

      May 6, 2025

      Arizona Projects 05-30-25

      May 30, 2025

      Arizona Projects 05-23-25

      May 23, 2025

      Arizona Projects 05-16-25

      May 16, 2025

      Arizona Projects 05-09-25

      May 9, 2025

      Phoenix Considering Data Center Development Restrictions

      May 21, 2025

      Glendale Voters to Determine VAI Resort’s Fate

      May 16, 2025

      Executive Order Will Streamline Federal Acquisition Regulations System

      April 26, 2025

      Legislation to Save Axon Plan Continues to Advance

      April 16, 2025

      Ariz. Construction Added 2,400 Jobs in April

      May 21, 2025

      Backlogs, Confidence Increase in April

      May 16, 2025

      Multifamily Developer Confidence Down in Q1

      May 13, 2025

      U.S. Construction Added 11,000 Jobs in April

      May 6, 2025

      Phoenix Wants Multifamily Mixed-Use at 19th & Dunlap Light Rail

      May 30, 2025

      Senior/Assisted Living Center Proposed in Maricopa

      May 30, 2025

      Scottsdale Establishes Transportation & Infrastructure Department

      May 30, 2025

      Arizona Projects 05-30-25

      May 30, 2025
    • AZBEX
      • Subscribe
      • Classifieds
      • Advertising
    • DATABEX
      • Webinars
      • Monthly Snapshot
    • Events
      • 2025 Mid-Year Update
    • About Us
      • Meet the Company
      • Meet the Sales Team
      • Meet the Editorial Team
      • Meet the BEXperts
    AZBEX
    Home » Planning & Development » Ariz. Maintaining Healthy $1B+ Project Count
    Planning & Development

    Ariz. Maintaining Healthy $1B+ Project Count

    BEX StaffBy BEX StaffAugust 11, 20201 Comment3 Mins Read
    Akimel 7 Master Plan
    Share
    Facebook Twitter LinkedIn Pinterest Email

    By Rebekah Morris for AZBEX 
    Arizona is the location of many planned mega projects, each valued at $1B+ total construction cost. Perusing DATABEX for a current list reveals 27 such projects.  
    Come along as we recap the largest projects going on in the state. One caveat to mention upfront; Since BEX covers the commercial and infrastructure markets, single-family residential is specifically excluded. Also excluded are projects on hold or canceled. 

    Data Centers & Master Planned Campuses Prevalent 
    Looking at the types of projects on the list includes a heavy concentration of both master planned campuses and data centers. Data centers are typically valued at a very high capital investment, although most of that is the equipment and cabling structures within a well-constructed box with robust power and cooling capacities.  
    Data centers are often phased projects, where a series of identical buildings can be constructed as the market demands. The value of the overall project easily reaches into the $1B+ range, but the individual phases are much smaller. 
    Master planned projects are similar in nature – from grandiose plans including Akimel 7 Master Plan to the Novus Innovation Corridor – very large land acreage will be split into smaller phases and delivered as the market demands. Individual parcels may change uses as the market evolves – what was once envisioned as an office parcel might just as easily change to a multifamily project if the market warrants it.  
    Occasionally the ‘pop’ of a media announcement quickly fizzles and the realities of a decades-long development and complicated real estate entitlements will drag on. For example – the Payson University and Dreamport Villages projects have essentially ground to a halt.  

    Public Infrastructure Includes Major Investment in I-11, Rail 
    Public investment occasionally reaches the $1B+ mark – most notably in the large highway projects and the proposed rail connection between Tucson and Phoenix.  
    The largest infrastructure project currently under construction in the state is the South Central Light Rail project, valued at $1.4B.  
    Currently in early planning, the interstate connection between Phoenix and Las Vegas, I-11, will be the largest infrastructure project in the region, shortening delivery times and providing a critical path for goods and services to make their way from Mexico all the way to Canada.  
    Casa Grande, West Valley to Benefit from Investment in Mega-Projects 
    Casa Grande has landed several mega projects. From this list of $1B+ projects they are the location of the SunZia Southwest Transmission Project, the Nacero Gasoline Manufacturing Plant, and the Attesa Motorsports Center. Beyond these mega-projects, Casa Grande already has significant building activity in process at the Lucid Motor Factory construction project, which was just outside of the mega-project threshold since it is valued at only $700M.  
    The West Valley has developed a cluster of data centers, with the Microsoft Technology Center leading the way. Compass and Vantage followed close behind. Already the hotbed of industrial development for big box distribution centers, the West Valley is increasing its prominence as a development hotspot with these data centers.  
    Arizona continues to be a prime location for significant capital investment due to a large and ready skilled workforce, low cost of land and reliable energy, a lack of natural disasters, and the ease of travel to the West Coast.  

    Akimel 7 Master Plan Attesa Motorsports Center Compass data center Data Center Dreamport Villages I-11 Interstate 11 Lucid Motor Factory master plan Microsoft Technology Center Nacero Gasoline Manufacturing Plant Novus Innovation Corridor Payson University South Central Light Rail SunZia Southwest Transmission Project Vantage
    Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email

    Related Posts

    Phoenix Wants Multifamily Mixed-Use at 19th & Dunlap Light Rail

    May 30, 2025

    Senior/Assisted Living Center Proposed in Maricopa

    May 30, 2025

    Split Vote Complicates Plans for VAI Resort

    May 28, 2025

    1 Comment

    1. AZGuy on August 14, 2020 2:06 pm

      Love all the development. That rail line between Phx & Tucson is a MUST. Needs to be a high speed rail. Can you imagine getting from Phx to Tucson in say 45 minutes. People could live in either city and commute.

      Log in to Reply

    Leave A Reply Cancel Reply

    You must be logged in to post a comment.

    Our Picks

    Phoenix Wants Multifamily Mixed-Use at 19th & Dunlap Light Rail

    May 30, 2025

    Senior/Assisted Living Center Proposed in Maricopa

    May 30, 2025

    Scottsdale Establishes Transportation & Infrastructure Department

    May 30, 2025

    Arizona Projects 05-30-25

    May 30, 2025
    Stay In Touch
    • Facebook
    • Twitter
    • LinkedIn
    • YouTube
    Don't Miss
    Planning & Development

    Phoenix Wants Multifamily Mixed-Use at 19th & Dunlap Light Rail

    May 30, 20250

    By Roland Murphy for AZBEX The City of Phoenix wants to transform the 19th Avenue…

    Senior/Assisted Living Center Proposed in Maricopa

    May 30, 2025

    Scottsdale Establishes Transportation & Infrastructure Department

    May 30, 2025

    Arizona Projects 05-30-25

    May 30, 2025

    BEX serves architecture, engineering and construction firms as well as all the ancillary product and service categories that market to them. These include manufacturing representatives, public agencies and private real estate organizations, specialty subcontractors and services providers related to our industry.

    Our Picks

    Phoenix Wants Multifamily Mixed-Use at 19th & Dunlap Light Rail

    May 30, 2025

    Senior/Assisted Living Center Proposed in Maricopa

    May 30, 2025

    Scottsdale Establishes Transportation & Infrastructure Department

    May 30, 2025
    Contact Us

    Phone: 480-709-4190
    Address: P.O. Box 12196 Tempe, AZ 85284
    Email: sales@azbex.com

    Type above and press Enter to search. Press Esc to cancel.