Developer proposes 453,000-square-foot industrial park at former GE site

Article originally posted on Phoenix Business Journal on July 9, 2026

Demand is surely growing for industrial space near TSMC’s campus in north Phoenix, and developers have another infill project on tap at a site along Interstate 17.

Phoenix-based Dimension Financial Realty and Investments is proposing a new three-building spec industrial park with a 62,268-square-foot building, a 152,899-square-foot building and a 237,735-square-foot building, according to planning documents submitted with the city of Phoenix.

The more than 40-acre project site is located at the southwest corner of I-17 and Thunderbird Road – at 13610 N. Black Canyon Highway.

It’s currently home to several vacant office buildings totaling 750,000 square-feet. In the 1960s the property was a tech campus for General Electric, and then later for Honeywell, according to a document for a PUD amendment at the site approved by the city of Phoenix last year.

That PUD amendment added terms explicitly permitting data center uses across the redevelopment project site. The move came a couple months after the city adopted a new data center zoning ordinance that might’ve ending up prohibiting those uses.

“Over the past five decades, companies including General Electric, Honeywell, Bull Information Systems, and Dell have maintained high-tech operations here, cementing the property’s status as a proven location for advanced computer and data center facilities,” the PUD document reads.

Dimension owns the redevelopment project site along with several adjacent parcels – and it has for several decades.

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