Phoenix’s West Valley has achieved tremendous growth over the last two decades. An influx of residents and businesses is helping the region shed its image as a bedroom community, earning its reputation as a great place to live, work, and play. Today, more than 1.9 million people call the West Valley home, and the population over the next five years is projected to grow at twice the national rate. With a median age of 36 years, where 65% of residents are in the workforce age, the West Valley stands as one of Arizona’s most culturally diverse and inclusive regions, proudly representing a minority-majority population. The region’s mix of luxury and affordable housing contributes to a diverse area that attracts both executives and first-time home buyers. World-class amenities include Westgate, P83, and Park West entertainment districts, State Farm Stadium (home of the Arizona Cardinals), Desert Diamond Arena, five spring training stadiums, Phoenix Raceway, numerous outdoor recreation opportunities, large- scale concerts, and continuously expanding dining options – provide an exceptional quality of life for its residents and visitors. The West Valley’s large talent pool, affordable cost of living, ease of doing business, and availability of land have attracted healthcare, distribution, and advanced manufacturing companies to the region. The region is also a tech oasis, including over $100 billion in investments for semiconductor manufacturing in companies like TSMC. The region is exploding with advanced manufacturing and brand names that are increasingly digitalizing operations. Companies like Nestlé, Williams Sonoma and Microsoft continue adding thousands of jobs to the area. Additionally, Luke Air Force Base, located in the West Valley, is a major economic driver in the region with an economic impact of $2.4 billion in the state of Arizona. Each year, 600 military service members complete their duties in the region. Many of these service members choose to stay in the West Valley, contributing to the strong and diverse workforce. The region is rich in infrastructure investments with a robust freeway system connecting to labor markets and supply chains in the East Valley and Pinal County. Equally important, partnerships and investments around natural resources such as water and power continue to be a top priority to ensure economic growth. The capital improvements, talented workforce, and livability will continue to attract businesses and talent alike for years to come.
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