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Phoenix & Southwest  + Phoenix  + Industrial  | 
Buckeye Arizona

Creation Equity Announces Massive Build in Buckeye

Creation Equity, a Phoenix-based “alternative real estate development firm,” says it will begin work on a five-million square-foot industrial park in Buckeye, AZ, a suburb west of Phoenix.

The $500-million project, known as Ten85, will be built in two phases, according to Creation, and should begin in the third quarter of 2022. The build is being eyed for construction along AZ State Rte. 85 near Buckley. The to-be-determined location and its proximity near a freeway-enabled corridor harkens back to Loop 303 projects from around 2004 and on.

Once, Az. State Rte. 303 was a two-lane, rural highway. After the Arizona Department of Transportation took control, it was upgraded to a full-on, six-lane freeway that hooked up with Interstate 10. The whole route is used to bypass the Phoenix Metropolitan Area.

Creation is currently developing Airpark Logistics Center, a 2.7 million-square-foot, $400-million industrial park adjacent to the Phoenix Goodyear Airport, according to the Phoenix Business Journal.

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