Invest in Phoenix

A Global City

Phoenix offers executives a pro-business climate and gateway to global markets, with over 1,400 international firms from 41 countries calling Phoenix home. Our city provides sustainable access to skilled talent and robust industries, empowering companies to optimize operations, seize opportunities, and drive strategic growth in a cost-effective business hub.

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Green Growth

Our long-standing plans and polices have created a pathway to address environmental and community concerns in any project ensuring sustainable and responsible economic development growth. Phoenix is committed to growth in green businesses.

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Pioneering Bioscience

We are transforming the landscape of life sciences and the future of Phoenix. Our business approach stems from planning and investment, making our City the place to be for pioneers committed to collaboration and medical innovation.

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Cutting-Edge Production

Phoenix is ranked 1st in the nation for manufacturing growth and is leading the way in emerging opportunities, improving productivity, and creating conditions for constant growth through a simple process. We work together to get you what you need to move your business to the next level.

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In Phoenix, we welcome economic growth from all over the world. We are now a global center for advanced manufacturing. We lead the nation in life sciences hiring, with cures for cancer and breakthroughs in personalized medicine discovered and delivered here. More people choose Phoenix as their new home than any other U.S. city. This is a city of opportunity and we’re primed and ready for your business to succeed here.

Mayor Kate Gallego, City of Phoenix

Let TeamPHX Be Your Concierge

Business Solutions made easy – contact TeamPHX, your dedicated team of business professionals. Our Concierge Services provide a one-stop solution for navigating City departments, expanding operations, and making community connections. Let us be your guide so that you can concentrate on what matters most – your business growth!

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Phoenix’s Talent Toolkit

We help companies build competitive teams by leveraging pipelines of upskilled talent, targeted recruiting events, and integrated education partners. Companies can tap Phoenix's workforce ecosystem to secure personnel equipped to sharpen competencies and accelerate strategic priorities.

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Ranked #1 for Manufacturing Growth

Phoenix ranked first for projected manufacturing job gains by Newmark Group. The report analyzed manufacturing jobs announced, labor pool, and energy costs. Phoenix leads among large metros for manufacturing growth. The Newmark report highlights growth in automotive, biomanufacturing, digitalization, and energy production.

Accelerate Your Business

Tap into robust resources that will allow you to sharpen operations and grow strategically. Our regional support includes financing vehicles, facility modernization incentives, workforce services, and so much more. Phoenix empowers executives with the solutions to optimize ventures now and into the future so decision-makers can propel their organization's advancement.

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TSMC

TSMC: Historic U.S. Greenfield FDI has signifanctly expanded into Phoenix, creating a full semiconductor supply chain ecosystem. Producing 60% of the world's chips, TSMC delivers top performance for smartphones, cars, satellites, defense systems, and more.

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PetSmart

PetSmart has revolutionized the pet supply industry. With pet companionship growing, PetSmart sees the valley as pivotal to it's continued growth.

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Upcoming Economic Development Events

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Redevelopment of City-Owned Parcels: 24th St and Broadway Rd

Phoenix City Councilwoman Kesha Hodge Washington and the Phoenix Community and Economic Development Department invite you to join us for an update on the redevelopment of city-owned property around the Four Corners on 24th St. and Broadway Rd.

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Latest Economic Development News

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Phoenix Global Forum Set for April 8-9

| Mar 13, 2025

PHOENIX, Ariz. – The International Economic Forum of the Americas (IEFA) and Phoenix Sister Cities are proud to present the annual Phoenix Global Forum (PGF), on April 8-9, 2025, at the Phoen...

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TSMC to Invest $100 Billion in New Arizona Fabs

| Mar 04, 2025

HSINCHU, Taiwan - Taiwan Semiconductor Manufacturing Company (TSMC) announced its intention to expand its investment in advanced semiconductor manufacturing in the United States by an a...

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Mayo Clinic Announces Transformative $1.9B Investment in Phoenix

| Mar 04, 2025

PHOENIX, Ariz. - Mayo Clinic announced a nearly $1.9 billion investment in the continued transformation of its Phoenix campus as part of its Bold. Forward. strategy to Cure, Connect and Transform ...

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