Friday, June 21, 2024 / by Juan Grimaldo
Construction starts on business park next to future Buc-ee's site
Dallas-based Formation Interests has started construction on a 688,000-square-foot business park adjacent to the future Buc-ee's convenience store in Goodyear.
The overall $100 million development, the company's first in metro Phoenix, will be built out across two phases that will bring new industrial, office and commercial space to the area.
"We saw the immense growth that was already occurring and the potential for significant growth in the logistics market in Phoenix," said Adam Herrin, CEO of Formation.
The development team received zoning approvals from the city of Goodyear last year for the 44-acre site at Bullard Avenue and Celebrate Life Way. The buildings will add to a robust collection of industrial facilities and data centers surrounding the Phoenix-Goodyear Airport.
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By Audrey Jensen – Reporter, Phoenix Business Journal
