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Phase I of 7 Million SF Phoenix Business Park Underway
LPC Desert West and Harvard Investments have broken ground on Phase I of Goodyear AirPark, located on 565 acres adjacent to the Phoenix-Goodyear Airport in Goodyear, approximately 20 miles west of Phoenix. The two companies are expected to spend a combined $360 million on the project.
Phase I of the project comprises 1.6 million square feet and six buildings ranging from 81,000 to 775,000 square feet. At build-out, Goodyear AirPark is expected to total 7 million square feet and up to 20 buildings.
The buildings will offer up to 40-foot clear heights and multiple points of ingress and egress for aircraft, as well as truck courts and vehicle parking. The AirPark is located adjacent to a dark fiber line for fiber-optic communication and data center development.
Cerberus Capital Management is the equity partner for LPC and Harvard on the project. The general contractor is Stevens-Leinweber Construction.
LPC Desert West will direct all leasing, investment, and property management.
