Ryan Companies US has commenced construction on the Chandler Freeways Business Park in Chandler, Arizona, to convert an office property into a state-of-the-art Class A industrial facility. This development will include two buildings and various specialized features. Scheduled for completion in late 2025, it aims to support local industrial operations and attract competitive businesses to the area.
Ryan Companies US has officially initiated the construction of Chandler Freeways Business Park, a new multibuilding industrial development in Chandler, Arizona. This venture aims to repurpose a former office property into a state-of-the-art, single-storey Class A industrial facility that will enhance local accessibility and workforce engagement. The development is strategically planned with various on-site features to support operational efficiencies for industrial tenants.
Real-estate development director John Paul Mulhern expressed enthusiasm for the project, noting, “As the Phoenix market is faced with a surplus of challenged office buildings, our team is excited for the opportunity to transform this site into a state-of-the-art industrial complex that will attract top-tier businesses and talent to the area. This project is suited for a variety of end users, thanks to its prime infill location offering exceptional access to both the East and West Valley.”
The existing office structure, built in 2004, will be converted into an industrial space measuring 87,600 square feet, while an additional new Class A industrial building of 102,875 square feet will be constructed nearby. Key features will include concrete truck courts, reliable speed bays, speculative office suites, and enhanced warehouse lighting, alongside provisions for high electrical capacity necessary for industrial activities.
Moreover, the site will incorporate 26 dock-high doors accommodating logistics operations, as well as establishing 301 available vehicle parking spaces. Anticipated to be completed by the fourth quarter of 2025, Chandler Freeways Business Park is positioned advantageously at the southeast of the Loop 202 and Interstate 10 interchange, ensuring exceptional access to transportation routes, with three full diamond interchanges located within two miles.
In addition to this project, Ryan Companies recently announced the commencement of phase two construction for the 17 North Corporate Center situated in Phoenix, Arizona.
In conclusion, Ryan Companies is actively transforming a former office building into an industrial complex at Chandler Freeways Business Park, aimed at revitalizing the local economy and enhancing industrial capacity. Featuring modern amenities and strategic location advantages, this development is poised to attract diversified businesses. With completion expected in late 2025, it signifies Ryan Companies’ commitment to addressing market needs in the Greater Phoenix area.
Original Source: www.worldconstructionnetwork.com
Leave a Reply