Developers Build Industrial Park in West Tempe
Construction is underway on a new 19-acre industrial complex expected to be completed in the spring of 2027.
Updated on Oct. 15, 2026 in Commercial
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A 19-acre site in west Tempe is being redeveloped into the Sky Harbor Innovation Park. The project will feature three Class A industrial buildings totaling nearly 300,000 square feet.
Why it matters
The development transforms a site that previously housed an office complex into a modern industrial hub. It is situated in an industrial corridor near State Route 143.
The project spans 19 acres and includes three buildings, with two measuring 110,000 square feet each and one measuring 78,000 square feet. The site was purchased for $23.2 million in April 2026.
The players
Sky Harbor Innovation Park
This is the name of the new industrial development project currently under construction in west Tempe.
The details
Located at the corner of South 52nd Street and West University Drive, the project is currently under construction. The park is positioned to serve as a significant industrial space west of State Route 143.
Timeline
The development site was sold for $23.2 million in April 2026.
Construction is expected to be completed in spring of 2027.
Culture Shift
This project reflects the broader trend of repurposing aging office real estate into high-demand industrial centers. It highlights a shift in urban planning where older office parks are being replaced to prioritize logistics and light manufacturing capabilities.
The construction of this facility will bring new industrial infrastructure to west Tempe, potentially impacting local traffic near State Route 143. Residents and commuters should plan for ongoing construction activity in the area through early 2027.
The takeaway
The transformation of this 19-acre lot signals a continued move toward industrial utility in Tempe's western corridor. Potential commercial tenants or local stakeholders should monitor for lease announcements as the 2027 completion date approaches.
Further reading
Find more information on local development projects at Tempe Commercial.
Source note: This article includes information reported by AZ Central.
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