A groundbreaking ceremony was recently held for Chandler Bay, a new speculative industrial development located at 1820 E. Germann Road. The project will include a 110,481-square-foot, shallow bay industrial building designed to accommodate multiple tenants in flexible spaces.

IndiCap and VAC Development are partnering on the project. Todd Ostransky, Vice President of Development at IndiCap, said, "Chandler has built a reputation of being forward-thinking, business-friendly, and genuinely collaborative. The kind of environment that gives companies like ours confidence to invest and grow."

Chandler Bay is expected to be completed in December and will add to the industrial product mix in the Airpark Area, the city's fastest-growing employment corridor. More than 400,000 square feet of industrial space has been delivered in the Airpark Area over the past year and nearly 500,000 square feet is currently under construction.

TOCALO Co., Ltd., a Japan-based global leader in advanced surface modification and coating technologies supporting the semiconductor supply chain, has leased 32,045 square feet of industrial space at 400 N. 56th St. in Chandler, Ariz.

The new Chandler facility will support TOCALO’s continued expansion in the United States and strengthen its ability to serve semiconductor equipment manufacturers and other advanced semiconductor manufacturing customers. Chandler’s established innovation ecosystem, highly skilled workforce, and proximity to major transportation and technology corridors were key factors in the company’s site selection decision.

“We found Chandler’s environment and property to be perfectly aligned with our operational vision,” said Yasuki Nakahira, Vice President, Global Business Development Headquarters.

Full news release

Chandler has been ranked the 18th best large city to start a business in a recent nationwide study from leading personal finance outlet WalletHub.com.

WalletHub's analysts compared startup opportunities across 100 U.S. cities. Their analysis is based on 19 key metrics, including five-year business survival rate, labor costs, and office space affordability.

WalletHub has also ranked Chandler the 14th best city to find a job in the U.S., 14th happiest city, and 19th hardest working city.

Chandler is the 4th best midsize housing market for buyers, according to a new ConsumerAffairs study. Their research team analyzed cities across four primary categories, including housing market competitiveness, affordability, home size, and livability. Midsize markets were defined as cities with populations between 250,000 to 499,999 people.

Compared to other midsize and larger cities, Chandler continues to be a place of opportunity for young professionals and families looking to buy a home.

Chandler Endeavor is a free business incubator program sponsored by the city and managed by community entrepreneurship leaders from ASU's J. Orin Edson Entrepreneurship + Innovation Institute.

On Wednesday, May 6, Chandler Endeavor invites you to attend its Venture Challenge pitch competition. Watch as founders pitch for a chance to win up to $10,000 in funding to advance their business plans. There will also be free food, drinks, and networking opportunities with local entrepreneurs and the Chandler community.

Date: Wednesday, May 6

Time: 5 - 7 p.m.

Location: ASU Chandler Innovation Center, 249 E Chicago St

Register to attend