Lincoln Property Company’s Southwest division LPC Desert West and local real estate developer Harvard Investments have broken ground on the first phase of Goodyear Airpark, a $360 million Class A industrial development project that will total 7 million square feet with up to 20 buildings designed for mid- and large-scale enterprises.
“Goodyear AirPark sits on one of the last remaining large, industrial-zoned land sites in Goodyear, which is the second-fastest growing city on our state and the ninth fastest growing city in the nation,” says Lincoln Property Company Senior Executive Vice President David Krumwiede. “We’re excited to partner with Harvard on yet another development project, where we can build to meet the needs of this growth.”
The 565-acre site is located directly south of the Phoenix-Goodyear Airport and sits adjacent to a dark fiber line, giving the park access to enough data and fiber to power NASA. Goodyear Airpark is bounded by the east/west trucking route MC85, and is also just miles away from Interstate 10, the award-winning Estrella Mountain Ranch master-planned community and Goodyear Ballpark.
“The shovel-ready, infrastructure-ready condition of this site has given us tremendous speed-to-market,” says Harvard Investments President and CEO Craig Krumwiede. “There are so many industries seeking Class A industrial space in Phoenix and ready to generate well-paying jobs here, in sectors from logistics to data centers. This project will give them that opportunity.”
Phase One of the project will total 1.6 million square feet, featuring six buildings that range from 81,000 to 775,000 square feet. Each building will offer up to 40 feet of clear height, multiple points of ingress and egress, private truck courts, and generous parking and amenity space for employees.
“The city of Goodyear is thrilled to see the growth and the investment in our community,” says Goodyear Mayor Joe Pizzillo. “Lincoln Property Company and Harvard Investments have a solid track record for success and are known for their expertise and award-winning developments, which ultimately will bring high-quality jobs to our residents and more retail opportunities south of MC85.”