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Phoenix & Southwest  + Phoenix  + Infrastructure  | 
Underground Phoenix cooling facility to cost $50M

Cordia to Spend $75M on Downtown Phoenix Chilled Water System Expansion

Cordia broke ground on Energy Center Phoenix (ECP) Plant 4, a new state-of-the-art, carbon-free chilled water facility located at 709 N. 6th Street. Plant 4 represents a total investment of $75 million and will add 10,200 tons of chilled water capacity to Cordia’s downtown Phoenix system, powered entirely by carbon-free electricity sourced through a partnership with Arizona Public Service (APS). The facility is expected to become fully operational by Summer 2027. 

Cordia’s downtown Phoenix district energy system provides cooling to over 44 buildings, including Chase Field and the Convention Center, using three plants, 16 chillers, and 4 miles of underground piping. This system uses electric chillers and ice storage for efficiency. The 27,500-ton capacity network serves major downtown venues.

Cordia’s existing downtown chilled water system has been approaching capacity limits. Plant 4 will ensure connections receive reliable, sustainable cooling service for decades to come. 

Plant 4’s infrastructure includes six 1,700-ton chillers, cooling towers, interior and exterior electrical systems, a mezzanine, and a dedicated control room.

What Still Pencils in Greater Phoenix: As cost pressures, municipal constraints and submarket divergence reshape the region, owners and developers are reassessing where — and how — capital is deployed. At Connect Phoenix Multifamily, SFR & BTR on April 8, leaders will examine reinvestment strategy, redevelopment feasibility, operational repositioning and amenity ROI in today’s environment. Join the industry professionals separating durable returns from assumptions. Register to attend: www.ConnectPHXMF2026.com

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About Mike Boyd

Mike covers our Texas and Phoenix/Southwest regions. He is a veteran news reporter who spent 10 years in radio and television news, mostly in Tucson, Arizona. Following his career in the media, he spent ten years as a communications executive for a publicly traded development company. Mike is married with three boys and three Huskies.

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