The construction of the second phase of the 17 North Corporate Center in Phoenix, Arizona, has officially begun. This ambitious project will add two Class A industrial buildings, totaling over 186,000 square feet, to the city's thriving Deer Valley submarket. The development is strategically located near Interstate 17 and offers convenient access to major highways, residential areas, and prominent corporate neighbors. The project is expected to be completed by the end of 2025 and aims to attract advanced technology and manufacturing companies to the area.
This collaborative effort between Ryan Companies US and Standard Real Estate Investments, backed by Bankers Trust's financing, highlights the growing demand for top-tier industrial spaces in Phoenix. The center will feature modern amenities such as secure truck courts, ample parking, and retail options nearby. With its prime location and robust infrastructure, the 17 North Corporate Center is set to become a hub for innovation and business growth in the region.
Strategic Location Fuels Business Growth
The new industrial complex is situated in an area that is rapidly becoming a focal point for high-tech and manufacturing enterprises. Located in north Phoenix, the development benefits from proximity to key transportation routes and residential communities. This strategic positioning not only enhances logistics but also provides tenants with easy access to a skilled workforce and networking opportunities with other major corporations in the vicinity.
The Deer Valley submarket has seen a surge in interest from companies looking to capitalize on the region's advantages. The presence of notable firms like Taiwan Semiconductor Manufacturing Company (TSMC), Amazon, FedEx, and Shock Therapy underscores the area's appeal. Tenants at the 17 North Corporate Center will enjoy unmatched convenience, including secure concrete truck courts, 32-inch clear heights, and ample parking space. These features are designed to support efficient operations and provide a competitive edge in the market. Additionally, the center's close proximity to popular shopping centers offers tenants convenient retail and dining options, enhancing the overall quality of life for employees.
Innovative Design Meets Modern Needs
The design of the 17 North Corporate Center prioritizes flexibility and functionality, catering to the evolving needs of today's businesses. Each building will boast state-of-the-art facilities that cater to the demands of advanced manufacturing and technology sectors. The project's developers have ensured that every aspect of the design promotes operational efficiency and tenant satisfaction.
Upon completion, the complex will offer secure concrete truck courts, 32-inch clear heights, and abundant parking, ensuring smooth logistics and day-to-day operations. The buildings' design also emphasizes sustainability and safety, incorporating modern materials and innovative construction techniques. Furthermore, the project's first phase, which included a 111,000-square-foot Class A industrial building, has already set a benchmark for excellence in the area. The Greater Phoenix Economic Council's president, Chris Camacho, praised the development for its potential to attract top-tier companies and support their growth plans in the region. The 17 North Corporate Center is poised to become a cornerstone of industrial innovation in Phoenix, offering businesses a prime location and world-class amenities.