Business View Magazine | November 2020
235 BUSINESS VIEW MAGAZINE NOVEMBER 2020 GLENDALE , AR I ZONA started in our downtown core over 100 years ago, now a quaint historic district surrounding city hall. Glendale enjoys strong demographics with a quarter-million residents. The Greater Arrowhead Region sees household incomes climb to above six figures. The Glendale Sports & Entertainment District flanks the Loop 101 region near the airport. Our stadiums are there, our arenas, our spring training baseball facility home to the Los Angeles Dodgers and Chicago White Sox, and we’re working on finishing up our 12th hotel; lots of retail, and new luxury multi- family residences. Our final character area is the Loop 303 Luke Airforce Base Industrial Area known as the New Frontier. It is experiencing unprecedented growth and currently has over seven million square feet of Class-A Industrial under construction. Glendale is a full-service city in of its own right. It just also happens to be adjacent to Phoenix in one of the largest and fastest growing MSAs in the country.” The historic downtown is the heart of Glendale with its wonderful heritage architecture and a central park for festivals and events; soon to also feature a tech business accelerator. Arrowhead was developed in the 1980s with several golf courses and Arrowhead Towne Center and the Bell Road commercial corridor which drives sales tax generation with hundreds of restaurants and experiences in the area. Arrowhead also features the luxury auto corridor and is one of Glendale’s employment hubs. According to Friedman, “The Arrowhead region has been maturing well. It has high- end lakefront housing, multiple hospitals and medical facilities and the regional mall serving the entirety of the West Valley – with impressive gross sales per square foot and a very robust retail/commercial marketplace. The last parcels of property are under construction and we’re seeing the tenant mixes improve. A BMW dealership that just opened, and new Volvo, Jaguar, and Land Rover dealerships and a luxury vehicles collision center are all under Courtsey of City of Glendale
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