SkySong Projected to Make Major Economic Impact on Scottsdale and Valley of the Sun Over the Next 30 Years

SkySong, The ASU Scottsdale Innovation Center is projected to generate more than $32 billion in economic output and more than 10,000 new jobs across the Valley of the Sun over the next 30 years, according to new analysis performed by the Greater Phoenix Economic Council.

The analysis examines the impact of 11 SkySong buildings and a restaurant/retail component on site. SkySong buildings 1-3 are complete and SkySong 4 completion is expected before the end of the year. The restaurant/retail building is expected to be completed in 2017, and SkySong 5 and 6 are expected to be completed in 2018. SkySong buildings 7-11 are expected to be completed by 2022.

Expansion by existing tenants and new leases have boosted occupancy in the first three buildings to more than 95 percent capacity. More than 1,500 employees are now on site working for the more than 50 companies housed at SkySong and the ASU SkySong incubator.

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