Attracting a Range of Private Sector Businesses
Chandler was ranked the Best Place to Find a Job in 2018 following a nationwide study conducted by WalletHub. The ranking reflected the growth of Chandler’s economy over the previous year, and this strong growth continued throughout 2018. The City’s business attraction, retention and expansion efforts supported projects that are expected to create nearly 7,000 jobs in Chandler over the next three years.
Intel also continued its investment of billions of dollars to build out its Fab 42 facility. Dignity Health started expansions at Chandler Regional Medical Center and Banner Health began construction of a new community hospital. The completion of Overstreet, groundbreaking of New Square and addition of new businesses indicated the excitement and investment in Downtown Chandler.
Some of 2018’s Largest Projects
These business projects also had a positive impact on Chandler’s commercial real estate market. Office and industrial vacancy rates are both at five-year lows and new buildings are being constructed to meet the anticipated need for additional space. The following are some of 2018’s largest business projects by square feet of space absorbed:
Chandler has been one of the hottest submarkets in metro Phoenix for speculative construction in recent years, signaling the development community has confidence in our local economy. There have also been a number of build-to-suit projects for business expansions, including Microchip and Turbo Resources.
Chandler Innovations is a business incubation program sponsored by the City of Chandler and powered by Moonshot at NACET. Free services are available to early stage companies with high growth potential that commit to advancing through the four-track program. In 2018, Chandler Innovation supported 37 client companies, up from 30 clients in 2017.
The Startup Connection
More than 200 people attended the inaugural The Startup Connection. The two-day event featured presentations, discussions and workshops at the ASU Chandler Innovation Center centered on “the art of the pitch and the science of funding” for new businesses looking to attract angel and venture capital investment.
Angel Investor Initiative
In 2017, the City helped launch the PHX East Valley Angel Investor Initiative, a regional initiative to enhance access to early-stage funding for local tech startups. Chandler hosted the first workshop series to identify, educate and activate potential angel investors. More than 35 people attended at least one of the sessions.
Small Business Development
The Chandler Public Library and the City’s Economic Development Division co-hosted free Build Your Business in Chandler workshops to help small business owners start or grow their business. The four-part series highlighted various topics from financing to marketing was attended by 153 people.
The City of Chandler is synonymous with autonomous vehicles, and continues to lead the way with providing opportunities for advancement of driverless technology.
Zoning Code Amendment
The City Council approved amendments to the City’s zoning code and as a result, Chandler became the first city in the nation to include autonomous vehicles and ride sharing in its zoning code. The amendments prepare Chandler for a future increase in autonomous vehicles and ride share usage. The updated code now allows more flexibility to adjust parking ratios as transportation behavior evolves.
Waymo Launched Ridesharing Service
Waymo launched Waymo One, the nation’s first commercial self-driving ridesharing service in Chandler. Early riders now can use the service via an app, similar to Lyft and Uber. Waymo One only is available in Chandler and its neighboring cities of Tempe, Mesa and Gilbert.
Public Safety Protocols and Training Developed for Autonomous Vehicles
Chandler Police and Fire worked closely with Intel and Waymo to develop public safety response procedures for autonomous vehicles, which cover response and accident operations.