Spanning nearly 3 American football fields wide and nearly 6 football fields in length, PhoenixMart’s 585-acre master-planned community is one of the largest single level trade centers in the United States. Entrepreneurs and existing businesses will be connected with thousands of new buyers to help drive down their cost of customer acquisition, and make it easier to seize new markets.
The concept of this commerce center is new to the U.S. but, it has already been successful in China, France, and Dubai. Conservative estimates suggest PhoenixMart will have 3 million visitors within it’s first year of operation making PhoenixMart second to the Grand Canyon which gets 4.6 million visitors per year.
Jobs! Jobs! Jobs!
Well, of course PhoenixMart is creating thousands of American jobs. The EB-5 Immigrant Investor Program is funding the project. EB-5 is a federal economic stimulant program. It was created by the Immigration Act of 1990 for the purpose of stimulating the United States economy by job creation through capital investment by foreign investors. These investments are made directly to United States Citizenship and Immigration Services (USCIS) approved regional centers that assume the responsibility of creating jobs.
PhoenixMart is a platform for U.S. job growth. Encompassing PhoenixMart is the North American, Logistics, Trade and E-Commerce City, NALTEC, which includes lodging, dining, and entertainment options for visitors of PhoenixMart and job opportunities for area locals in and near Casa Grande, AZ.
PhoenixMart alone is projected to create 3,500 jobs within it’s building and more than 10,000 jobs across the United States. Although 14 people are presently engaged in full-time leasing efforts, they are currently hiring more leasing reps to lease greater than 1,700 spaces in 2015.
On such a massive project, you must keep an open mind and understand that delays are expected. So long as the government remains involved, there’s no telling what other delays are ahead. That in itself should be enough said on that subject. Estimated dates are just that, estimates. In my opinion there is nothing wrong with remaining optimistic with their goals. Hang in there. The day will come.
Here are some other articles I’ve written on PhoenixMart: