Western Real Estate Business

OCT 2017

Western Real Estate Business magazine covers the multifamily, retail, office, healthcare, industrial and hospitality sectors in the Western United States.

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36 • October 2017 • Western Real Estate Business www.REBusinessOnline.com lo and Blaze Pizza. The city invested public funds into this project thatas- sisted with the design and construc- tion expenses for parking lot improve- ments by creating additional parking spaces for a Park n' Ride Program to attract additional shoppers. The ben- efits from this project span from new employment opportunities at Fashion Alley to increased property tax rev- enue and increased sales tax revenue. With this public-private partner- ship and the improved shopping ex- perience, the city gained additional visitors to Ontario Mills. The city and Ontario Mills have seen an increase in the amount of tourists, and the Cali- fornia Welcome Center — powered by the Greater Ontario Convention & Visitors Bureau — has shown to be a catalyst driving more international tour bus companies to drop their cli- ents at the mall. The retail environment throughout Ontario continues to grow as the fu- ture of shopping centers builds mo- mentum. Ontario is well prepared for the future needs of the shopping cen- ter, retail and restaurant industries, and is poised for business success. Peoria, Ariz. Peoria is in a unique position. It is a growing city with a thriving business community, a high-quality workforce, premier sites for investors and developers and opportunities for public-private partnerships. Peoria is developing its economy to compete for local, national and global busi- ness. With a supportive mayor and Peoria AZ is the SMART Choice for Business Location From its stunning topography to diverse workforce, Peoria Arizona is becoming an increasingly popular place to live, work and invest. Peoria is in a unique position. It is a growing city with a thriving business community, a high-quality workforce, premier sites for investors and developers, as well as opportunities for public-private partnerships. Peoria is developing its economy to compete for local, national and global business. With a supportive mayor and highly involved city council driving the economic development strategies, Peoria's leaders are not only taking control of their future, they are creating it. Rapid Growth Garners Aggressive Development Strategies Adopting an aggressive strategy has allowed the City to attract smart people and smart businesses to the area. Additionally, Peoria by far is a low cost option for both business and workforce attraction when compared to Austin and Dallas Texas, Denver Colorado, Salt Lake City Utah, San Diego, San Francisco and Los Angeles California. Having an available, high-quality workforce is essential in today's competitive business environment. Peoria has an abundant, educated workforce within a 30 -minute drive from most major employment centers in the Phoenix metropolitan area. The average professional in and around Peoria is young, approximately 35 years old, with a college degree. With many more working years left, these entrepreneurs and professionals dominate today's workforce. A strong and talented workforce makes the relocation and/or expansion decision easier for investors and businesses that are ready to make a smart move. Peoria: Arizona's Business Center on the Rise Peoria was recently ranked number seven on America's 50 Best Cities to Live list from Yahoo Finance, and for good reason. With more than 300 days of sunshine, excellent schools, indoor and outdoor amenities, Peoria is a great destination in the Valley of the Sun. Home to one of Arizona's largest lakes, beautiful parks and more than 25 miles of hiking trails throughout the city, Peoria offers many outdoor recreational opportunities. Peoria also boasts exceptional arts and cultural amenities, breathtaking golf courses and the P83 Sports Entertainment District, which is the spring training home to the San Diego Padres and Seattle Mariners. When you are ready to invest, Peoria will provide a dedicated, in-house team for quick and consistent plan review, permitting and inspection. By providing a team approach, we are able to establish realistic schedules and timeframes to meet your deadlines, which are critical to the success of your project. Also available for the right project, is Peoria's Priority Track Processing Policy. This policy moves your expedited plan reviews and permitting to "the front of the line" at no cost. With a high quality of life, many development opportunities, and targeted workforce development initiatives, Peoria is a great place to live and work for families, professionals and business owners alike. Our economic development team is ready to help you make your move to one of Arizona's premier cities. Visit www.peoriaed.com/invest for Peoria's real estate, partnership, business location, and investment opportunities. Vistancia Commercial Core • 320-acres in the affluent, growing community of Vistancia • Zoned mixed-use/commercial • Adjacent to Loop 303 and within minutes of Lake Pleasant and other area amenities • Build-to-suit corporate campus or advanced manufacturing options available • Available infrastructure and utilities • Located in an amenity-rich area with high-quality housing choices and top performing schools • Strong workforce within a 45 minute commute zone Peoria Innovation Center in P83 • 17-acre innovation center project in the heart of P83, Peoria's premier entertainment district • Build to suit retail/restaurant pads and Class A office development opportunities • Adjacent to San Diego Padres and Seattle Mariners spring training facility • Exceptional access, infrastructure and walkable amenities • More than 2 million square feet of retail and restaurants within 3-mile radius • City will construct parking structures and provide ample surface parking • Strong workforce within a 30 minute commute zone Peoria 101 Office Park • 14-acre business park site located on the SWC of Peoria Avenue and the Loop 101 freeway • Zoned mixed-use/commercial • Options for build-to-suit "Class B" office product • All utilities are adjacent to the site • Strong workforce within a 30 minute commute zone Currently, Peoria has three dynamic, shovel-ready sites in highly sought-after areas of the city. Peoria Innovation Center in P83 Ontario Mills is California's largest mall destination with more than 2 million square feet of retail that attracts more than 24 million visitors each year. A California Welcome Center is part of Fashion Alley, a recent 80,000-square-foot addition to Ontario Mills Mall.

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