Disclaimer: The comments in this blog are my personal opinion and may or may not reflect an adopted position of the city of Glendale and its city council.

Glendale has become a growth leader in the metro area over the past 5 to 7 years. The most startling fact to share is this – “ According to Colliers, there are 19.2 million square feet of space currently under construction throughout the region, with almost 40 percent of that in Glendale.” No other city in the Valley has experienced this kind of growth. This is remarkable. I credit our City Manager, Kevin Phelps, and our city’s Economic Development Department.

For those of you who are not ‘fact nerds,’ this blog may be boring but Glendale’s remarkable transformation since 2014 is worth noting.

In 2014, the city’s bond rating dropped to BBB. In 2020, the city’s bond rating is now AA. This rating is extremely important because this rating results in lower interest rates when the city borrows money. The amount of bond debt per person in Glendale has dropped from a high of $771 to $384 today.

City Council created a policy deliberately concentrating on employment growth in the Loop 303 Corridor dubbed the “New Frontier.” Even though residential growth was not a prime objective, since the last census, Glendale’s population has grown by 21,000 new residents with more than half of that growth occurring since 2015 and its total population is now over 250,000 people. Between 2016 and 2021, 4,880 new housing units both multi-family and single family, have been constructed. There has been a concerted effort to concentrate multi-family in the Westgate/Zanjero area to sustain and support this major economic center.

Glendale is one of the 5 top Valley cities having a jobs per capita ratio today of 0.40 and it is expected to continue to increase. Over 118,000 residents are employed with 21% of its residents working in Glendale. Most of our residents, about 57% work in Phoenix. On the other hand, about 30% of Glendale’s workforce lives in Glendale with about 25% of Glendale’s workforce living in Phoenix and about 15% living in Peoria.

All this new economic growth has increased General Fund revenues from $174M in Fiscal Year 2010 to $241M in Fiscal Year 2020. In Fiscal Year 2021, the city council approved Glendale’s first billion dollar total budget. The General Fund is used to finance the day-to-day operations of the city and includes all employee compensation. Planning and Permitting revenues saw a dramatic jump from $4.5M in Fiscal Year 2018 to $37M in Fiscal Year 2021. This is primarily due to all the new Loop 303 development. This revenue is one-time money that can and has been used for catching up on improving Glendale’s amenities.

Let’s not forget the Crystal Lagoon Island Resort, Glendale, development. I’m not sure it is appreciated just exactly how much impact this single project will have on Glendale, the Valley and the State. Click on this link if you would like to see the live feed of ongoing construction at the site: https://app.truelook.cloud/dashboard/553/923/live?code=15hm7ev0xey9jmgpfyf2jd9e0&fbclid=IwAR2VhkoN56nBnnmqMouCzAWFM9BHxtvSmNlj83REtd_D2fuA3g9vdeZ-SAY

With the 3 hotels, the public water feature, 5 nodes of retail/restaurant and the Mattel family amusement center, this project is a game changer for Glendale. Expect about 5,000 visitors a day with an annual attendance of about 12 million. It is expected to generate about $10M a year in sales tax revenue for Glendale. It is the owners’ intent to be open prior to the Glendale hosted Super Bowl in 2023. With the exposure surrounding the Super Bowl, expect visitors not just from the Valley or State but nationwide, even internationally. It will become one of THE places at which to have a family vacation.







With the remodeling of the city owned Gila River Arena focusing on the customer experience at a major concert venue, set to occur next year (2022), again, in time for the Super Bowl, expect attendance spill over from the Crystal Lagoon Island Resort. Just imagine a family vacation for several days with all that the Lagoon offers plus attending a concert at Gila River Arena and all the offerings at Westgate/Zanjero. It makes for a great family vacation package.




What do all the numbers and facts and figures mean? It means Glendale is not just financially healthy but is about to become the gorilla of the Valley. Hear Glendale roar!

© Joyce Clark, 2021       


This site contains copyrighted material the use of which is in accordance with Title 17 U.S. C., Section 107. The ‘fair use’ of any such copyrighted material as provided for in Section 107 of the US Copyright Law and who have expressed a prior interest in receiving the included information for research and educational purposes. For more information material on this site is distributed without profit to those who have not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democratic, scientific and social justice issues, etc. We believe this constitutes a ‘fair use’ of any such material. For more information go to http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond ‘fair use,’ you must obtain permission from the copyright owner.