Work could begin later this year on a 243,000 square foot industrial building that will go up at the intersection of Scottsdale Road and Thunderbird Road.
The Phoenix-based Creation company has just announced the purchase of some 18 acres inside the 8.6-square mile Scottsdale Airpark to build the project.
A company specializing in industrial, mixed-use, and office development, Creation will spend around $60 million to build a facility with a height of 32 feet, featuring 51 truck doors.
The project will be built as a Class A logistics/manufacturing facility. In a statement, Grant Kingdom, principal of Creation’s Mountain West region, said the building upon completion could attract tenants ranging from “companies in the pharmaceutical, aerospace, electric vehicle and semiconductor section,” as well as “traditional distribution and showroom users.”
Founded in 2018, Creation has built a variety of mixed-use developments across the country, and has been particularly active in the West, with projects in Texas, Arizona, Colorado, and California.
By Garry Boulard
