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Business Consortium Announces Plans to Build International Financial Center at Pier 202 in Tempe
    
Phoenix Office

November 3, 2014

Business Consortium Announces Plans to Build International Financial Center at Pier 202 in Tempe

I’ll venture that this is the mysterious group who is the recipient of Tempe’s tax breaks...

Excerpt: Hong Kong based China International Development Investment Corporation Limited (CIDIC), its partners and US based TrendEx Holdings LLC formed the Pier 202 Development Company LLC to develop the project. After a series of tours and meetings to introduce Governor Brewer and Sandra Watson, President and CEO of the Arizona Commerce Authority, to several of the partners, agreements were signed to finalize the development of a USD $1.4 billion International Financial Center in the State of Arizona. The IFC@202 will be the first of its kind in North America and will connect Arizona to new international trade opportunities, strengthen existing bilateral relationships and serve as an iconic landmark that will further position Arizona as a preeminent location for global business and travel.

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