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Goodyear opens new city hall, library, park and office building downtown

After decades of talk and planning, Goodyear has officially opened its civic square, the result of a public-private partnership to create a downtown destination.

A new four-story city hall is at the center of Goodyear Civic Square with an attached two story library. Just outside is a two-acre park with a water feature, games and art fixtures.

Goodyear city manager Julie Karins calls it a legacy project that generations will enjoy, “Its a place where family and friends will gather to enjoy community events with a hometown feel with public services and an amazing library.”

The Globe Corporation donated land for Goodyear to build the park and city hall while the company built a three story office building and parking garage. Globe owns about 180-acres of land in and around civic square and expects to add restaurants, retail and housing.

In a press release, George Getz, president and co-CEO of Globe Corporation, said, “My family bought a section of farmland in Goodyear back in the 1970s. It’s hard to believe that what once was a scallion farm has become the heart of the city.”

Deal points provided by Goodyear:

  • Globe donated 6.15 acres of land for the Goodyear City Hall and two-acre park
  • Globe served as master developer and the city hall and park were build-to-suit with ownership transferred upon completion of the project
  • Globe constructed a 100,000-square-foot Class A office space with one floor dedicated to a single tenant; if unleased after one year,15,000-square-feet would be reserved for a single tenant for the second year, with no restriction thereafter
  • The city funded all costs for improvements to the donated 6.15 acres
  • The city paid a 3% management fee to Globe to manage and deliver the project
  • The city contributed $3.3 million in infrastructure with an additional half of the cost of offsite wet/dry utilities up to a max of $500,000
  • The city paid $5 million toward the structured parking garage and received 200 dedicated spaces with an option to purchase or lease 200 additional spaces
As a senior field correspondent, Christina Estes focuses on stories that impact our economy, your wallet and public policy.