Mayors Corner By Mayor Phil Gordon

CityNorth Creates Additional 250 New Jobs and $9.3 Million to City


As we continue to hear negative stories about our economy, it is good to have some bright news on the horizon. On Tuesday, October 14, CityCenter of CityNorth in North Phoenix held a job fair to fill 250 new positions for its first phase, called High Street.

The creation of these jobs comes at a time when unemployment is very much on the minds of many Valley residents

Today, the economic benefit of CityNorth’s first phase is already being felt in other important ways. There are hundreds of workers currently on-site getting High Street ready for its grand opening on November 13. Construction of the first phase of CityNorth has already resulted in the hiring of 75 subcontractors and approximately 600 construction workers, and this is just the beginning.

CityNorth has already paid $9.3 million in development fees and construction sales tax to the city before the doors have even opened. Over its lifetime, the development will provide an estimated $1 billion in city taxes.

By the time CityNorth is completed, its economic benefits will be huge for the city of Phoenix. More than 19,000 jobs will be created by businesses locating there, along with more than 16,000 construction jobs. The annual economic activity in the region generated by CityNorth is expected to be $1.9 billion. What that means for the city of Phoenix is $1 billion in municipal tax revenues over the life of CityNorth, with an average of $22 million annually. This is revenue that will support critical city services and jobs that our community needs.