Ashley Furniture plans to develop a new 1.05 million-square-foot industrial facility on 75 acres in the West Valley city of Avondale at the southwest corner of Interstate 10 and 107th Avenue. Plans call for a showroom, office, call center and distribution space. They will need 200 new workers to staff the project. The indirect jobs created by the project could add up to 500 in the Avondale area.
The Phoenix Business Journal reports the facility represents a $100 million investment. It could bring in $40 million in annual retail sales.
Ashley Furniture Industries LLC spent $32.8 million in 2021 to acquire 84 acres at the project site from Avondale (2010) Holdings LLLP.
Hodgdon Management and Construction Inc. is the developer; Irvine, California-based HPA Architecture is the architect. The company is expected to break ground on the facility in 2024.
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Read MoreConnect CREAshley Furniture plans to develop a new 1.05 million-square-foot industrial facility on 75 acres in the West Valley city of Avondale at the southwest corner of Interstate 10 and 107th Avenue. Plans call for a showroom, office, call center and distribution space. They will need 200 new workers to staff the project. The indirect jobs …
The post Ashley Building $100M Phoenix-Area Hub, Hiring 200 appeared first on Connect CRE.