2 minute read
Myth #2: Industrial Buildings in Goodyear
Let’s be honest – not everyone is excited when an industrial building opens in Goodyear. Residents often ask “Why?” While these types of businesses may not seem to have a direct impact on residents, many of them are beneficial to the city in ways that may not be obvious. A top priority for the Goodyear City Council is to enhance the quality of life for residents.
Part of that includes:
1. Having a strong economy
2. Increasing job opportunities for residents
3. Enhancing and improving city amenities and infrastructure
4. And, do all these things WITHOUT RAISING TAXES.
Industrial companies play a role in all three of those. The city has announced more than 3,500 new jobs in the past year and 82% of those jobs were in the industrial sector. Developers also pay a one-time construction sales tax and development impact fee which can sometimes amount to millions of dollars. Recently, some of the dollars were used to build the Goodyear Recreation Campus and the two fire stations that opened last year. In Goodyear, despite the pandemic, the city’s budget is in great shape and it’s in large part due to the amount of development and construction sales tax coming in and the city’s diverse business community.
Did You Know?
Not only do industrial companies bring more job opportunities to residents, but we’ve seen what happens when more people live and work in Goodyear. It attracts more restaurant, retail and entertainment options that residents want, and these businesses often choose where to open based on various factors, such as daytime population (how many people are in Goodyear during the day) and overall population.
#goodyearaz #issuustories
For more information on industrial buildings in Goodyear, check out the March 2022 issue of InFocus.
https://issuu.com/cityofgoodyear/docs/infocus_-_issue_140_-_march_2022