Flagstaff offers a unique ecosystem that is highly attractive to a wide range of technology-based industries, said Rich Bowen, Vice President at Genterra, including an existing network of technology companies and a highly skilled workforce.
“Very few places outside of Phoenix have that combination,” he said. “Plus, you have the beautiful environment and culture of Flagstaff.”
Bowen said the development could be the home of next-generation businesses with the potential of bringing hundreds of high-paying jobs to the region.
Genterra is marketing the development to businesses throughout the southwest interested in relocating to northern Arizona, as well as existing local companies that need to expand and startups.
The technology park will cater to a variety of businesses, including but not limited to bioscience, advanced manufacturing, light industrial, medical devices, airport support and logistics, research and development, semi-conductor support facilities, and hospitality.
The development will not be the home of more housing, however, as the original FAA grant to the City for the land prohibits residential development on the parcel. According to City records, there are currently more than 1,300 housing units in the permitting process, which should help to ease Flagstaff’s housing crunch.
We know that businesses tend to come to us when we meet their needs with location, land, a receptive community, and a ready workforce. It is exciting to see all of these aspects come together in this new development.
