Welcome to Phoenix, one of the most vibrant and livable communities in the
United States, and a city where a strong, diverse economy supports a thriving
and growing business community.
Phoenix is in the heart of the fastest growing region in the country, serving
all the major markets in the western United States. With a population of almost
1.4 million, Phoenix is the fifth largest city in the country and serves as
the centerpiece for almost 3.4 million people in the metropolitan area. The
city's location is ideal for service not only to the Southwest, but also to
southern California and the international markets of the Pacific Basin and
Mexico.
Local, national, and international businesses find that Phoenix has an excellent
transportation infrastructure, with frequent non-stop air connections to all
major cities, easy freeway access and rail service destined to major ports.
The Phoenix Sky Harbor International Airport is now the fifth busiest in the
world with over 1,300 commercial flights per day. The Airport is serviced
by 23 airlines with non-stop flights to 198 cities including various cities
in Canada, Mexico, and Europe. It's obvious why so many businesses and companies
have made Phoenix their home.
|
|
|
|
| Distance to Major
Western Markets
|
| Tucson |
110 miles |
| Las Vegas |
300 miles |
| San Diego |
350 miles |
| Los Angeles |
370 miles |
| Hermosillo, Mexico |
374 miles |
| Albuquerque |
450 miles |
| San Francisco |
760 miles |
| Denver |
810 miles |
| Dallas |
1,000 miles |
| Calgary, Canada |
1,600 miles |
|
With over 514 square miles of land, Phoenix offers plenty of room for long-term
growth. Only 50 percent of the land in the city is developed. Plenty of prime
industrial and commercial land is available, much of it already set with modern
infrastructure and an assured water supply necessary to start operation right
away. A massive canal and pump system delivers water to Phoenix from the Colorado
River, supplementing the supply from local reservoirs and river and assuring
a reliable water supply for the foreseeable future. Also, Phoenix voters in
2004 approved a Regional Transportation Plan that includes nearly $16 billion
of spending on construction of freeways, a light rail system, and enhanced
bus services.
Thousands of companies have discovered that it pays to do business in the
city of Phoenix. Among other things, the state has no corporate franchise
tax, business inventory is not subject to property tax, and Arizona is a right-to-work
state. The city also offers two programs for businesses located within designated
areas. Qualifying businesses located within the City
of Phoenix Enterprise Zone (COPEZ) can receive income tax and property
tax benefits. Qualifying businesses within the Foreign
Trade Zone (FTZ) can defer or eliminate duty on imported goods prior to
entering the US market.
The greater Phoenix area has experienced positive job growth in 50 of the
last 54 years, and the growth is a function of an ever-diversifying economic
base. Motorola and Honeywell are among the larger corporate citizens. Regional
and national headquarters in Phoenix include American Express, U S Airways, Bank of America, Charles Schwab, Sumitomo Sitix, USAA, Viad, Avnet
and Phelps Dodge. Smaller companies, too, have reaped the rewards of establishing
a Phoenix location. The blend of high-tech, manufacturing, agriculture, trade
and service industries found in the area contribute to a healthy and well-diversified
economy.
Phoenix is one of the most popular leisure destinations in the world, with
its famous sunny climate and its proximity to the scenic wonders of Arizona.
Phoenix is also the location for hundreds of conferences and conventions
each year. The downtown convention center known as Phoenix Civic Plaza is
currently undergoing expansion even as its main exhibit halls remain open.
When finished in 2008, the expanded Civic Plaza will have almost 1 million
square feet of exhibit space plus an adjacent 1,000 room Sheraton hotel.
The Grand Canyon, Indian reservations, and winter ski areas are only a few
hours from downtown Phoenix. Large nearby lakes offer fishing and boating.
Lush stretches of beautiful Sonoran desert preserves extend right into the
heart of the city. Add to that challenging golf courses, year-round outdoor
activities, and an unlimited variety of attractive shopping, dining and entertainment
opportunities.
Sports enthusiasts enjoy events for all major league sports as well as baseball
spring training and auto racing. Phoenix's cultural offerings are superior,
and its performing arts groups meet the highest standard. The Heard Museum,
Desert Botanical Garden and Phoenix Zoo each have won international acclaim
for quality and innovation.
Phoenicians are proud of the city's reputation as a preferred place to work
and do business, and are just as proud that Phoenix is a great place to raise
a family. Neighborhoods feature quiet, tree-lined streets, manicured parks,
housing costs that are among the lowest of all major cities; and quality education
is a high priority for families and community leaders.
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Last Modified on
01/16/2008 15:44:44