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Phoenix Struggling to Compete With Other Cities Due to Lack of New Development
    
Phoenix Economic Development

December 2, 2014

Phoenix Struggling to Compete With Other Cities Due to Lack of New Development

While there is currently 807,300 square feet of speculative office space and another 1.9M square feet of build-to-suit office construction in the valley, Phoenix Economic Development Director Christine Mackay expressed concern that Phoenix is lagging. As companies looking to move or expand, other major cities offering “shovel-ready” sites look more attractive.

Editor’s Note: It would be great to see a comparison of numbers against the other cities listed in the article.

bizjournals.com

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