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Office Development Takes Off in Scottsdale, Arizona

CoStar Insight: Following a Decade of Muted Activity, Scottsdale Becomes a Top Submarket for Office Construction in the Phoenix Area
Rendering of Cavasson, Nationwide Realty and Greyhawk Development's 134-acre mixed-use development along Loop 101 and Hayden Road in Scottsdale. (Nationwide Realty)
Rendering of Cavasson, Nationwide Realty and Greyhawk Development's 134-acre mixed-use development along Loop 101 and Hayden Road in Scottsdale. (Nationwide Realty)
By Jessica Morin
CoStar Analytics
December 18, 2019 | 6:51 P.M.

More than 2.9 million square feet is underway in the Phoenix metropolitan area, with about 48% of the space available for lease. While cranes continue to fill the skyline of Tempe, Arizona, developers have turned their attention north, along the 101 to Scottsdale Airpark.

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