It’s not what you look at that matters, it’s what you see.
Henry David Thoreau
Apr 20, 2015, 11:34am MST Eric Jay Toll Reporter-Phoenix Business Journal
Another geotech locale is on the map in the Phoenix metro. Innovation Avenue is a site to see.
The city of Phoenix has quietly watched technology, health care and life science companies plant flags up and down Central Avenue from the Warehouse District to Uptown. The city has its poster pride with a logo map of the opportunity and advantage of Innovation Avenue on both sides of the Central corridor.
Piece by piece, the Valley’s geotech corridors are taking clear shape. Last fall, brokers Matthew Coxhead and Ryan Bartos, now with Savills Studley, unveiled the High Tech Highway spanning Loop 101 covering Phoenix, Scottsdale, Tempe and Chandler east of State Route 51.
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Phoenix’s map fills in the gaps between SR51 and 19th Avenue, identifying the dozens of companies locating in the central part of town.
Coxhead said last fall that Phoenix’s warehouse district was a budding hotspot for technology. A couple months earlier,WebPT announced it was keeping and expanding its corporate headquarters in the district by renovating a former grocery warehouse into a collaborative and creative workspace.
Two weeks ago, Banner Health announced a move to midtown Phoenix adapting a mostly vacant office tower into a newcorporate headquarters.
Decades ago, the Valley was known as the Silicon Desert – even before there was a Silicon Valley. That was in the days when Motorola ruled the roost in Scottsdale, Tempe and Chandler. It also was a time when the Valley had production driving the economy.
The High Tech Highway map developed for Cushman & Wakefield and Phoenix’s Innovation Avenue map are indicators that businesses are beginning to turn the economy from one based on consumption to an innovation-based export economy.
Greater Phoenix Economic Council is awaiting final drafts of an export plan for the market to complement the metropolitan business plan, Velocity.
Eric covers economic development, banking and finance, infrastructure, transportation and utilities.
I am actively looking to build relationships with Real Estate Investors and Owner / Users for Phoenix – Scottsdale – Tucson – Maricopa County – Pima County – Pinal County – Cochise County – Santa Cruz County –Yavapai County – Gila County – Arizona , USA
Walter Unger CCIM – walterunger@ccim.net – 1-520-975-5207 – http://walter-unger.com
1
Timeline of Phoenix, Arizona history
http://en.wikipedia.org/wiki/Timeline_of_Phoenix,_Arizona_history
2
http://en.wikipedia.org/wiki/Phoenix,_Arizona
3
Facts of Arizona – year 1848 to 2013
http://walter-unger.com/?p=9507
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Walter Unger CCIM
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