Leading Industries in Peoria
Health Care
Peoria, Arizona has a strong employment base in healthcare and is home to the 185-acre Plaza del Rio healthcare campus, the largest off-hospital campus medical community in Arizona. The campus is unique, attracting and combining medical office facilities and seven different types of senior living facilities. This campus system allows seniors who are committed to health goals or facing medical challenges to live their lives in a setting that complements their needs and desires. Furthermore, physicians and other medical groups, as well as the on-site clinical research organization Pivotal Research and neighboring Banner Sun Health Boswell Hospital, have easy access to both an extensive variety of medical services and a built-in market of patients.
The city is also home to one free-standing emergency department and a second is expected to open in the fall of 2012. Five full-service hospitals are within 15 minutes of any part of the city, and two more are currently being discussed.
Retail Trade/Arts and Entertainment
Peoria has created a community with a very high quality of life, and as a result, retail and service offerings are very strong. The city has a thriving Entertainment District which is the most affluent and exciting 10-minute radius in the West Valley of the Phoenix metropolitan area. In that area, 29% of household incomes were over $100,000 annually.
The tremendous growth in the area over the last decade has fueled the need to expand retail services. Peoria has responded by targeting retail opportunities to meet the needs of residents and improve the community service offerings.
Targeted Growth Industries
The city sees its future growth in advanced business services, manufacturing, bioscience/health care, an
d scientific and technical services.
There is a combination of factors that points toward the growth of these leading industries in Peoria:
- We have a large, technically-skilled workforce that currently employed in these industries elsewhere
- Peoria is only 30% developed, and therefore has a lot of room to grow
- The new Loop 303, opening April 2011, connects Interstate 10 to Interstate 17 and will provide unparalleled access to northern Peoria