We have seen exciting announcements from companies like Andersen Corporation, Vantage Data Centers, and Stream Data Centers. Every city in the Valley is competing for these companies, but they have selected Goodyear. While we are excited to see this growth, I often receive questions about the lack of new retail, entertainment and restaurant growth.
The recent pattern of development might lead to the misconception that the city is putting a higher priority on industrial growth than other sectors; this simply isn’t the case. I can honestly say that we share our residents’ desire for more stores and restaurants, and our Economic Development Department is working diligently to attract new businesses.
The Goodyear market still needs to grow in order to be considered as a location for some of our most desired retailers and restaurants. Although our community has seen significant growth, we are lacking in areas such as daytime population, strong traffic counts, and overall population density. All of these factors are important to attract key retail and restaurant brands. In today’s competitive retail environment, companies measure “developing markets” like Goodyear against “market ready” communities. Commercial space availability also hinders our ability to meet these businesses’ needs. Many times, locating retailers and restaurants are completely out of the city’s control and are wholly in the hands of the property owners. Property owners have the right to request a rezone, develop, sell or hold their land until such a time as they believe it to be most beneficial for their company.
It can be frustrating when key retail/commercial land in the city remains vacant while residents are begging to support new businesses. I share this frustration, but industrial growth brings daytime jobs, jobs bring population, and population brings new residential options. We are excited to welcome companies to Goodyear, and I know that great restaurants and shopping are not far behind.