Discount Tire acquires 35 acres in Phoenix to develop new corporate headquarters: 'One of Arizona’s greatest business success stories'

Events
276143365 506221654186294 271186491476304092 n
Arizona Gov. Doug Ducey | Facebook/Governor Doug Ducey

LETTER TO THE EDITOR

Have a concern or an opinion about this story? Click below to share your thoughts.
Send a message

Community Newsmaker

Know of a story that needs to be covered? Pitch your story to The Business Daily.
Community Newsmaker

Discount Tire has announced plans to develop a new corporate headquarters after the purchase of 35 acres near Loop 101 and State Route 51.

“Discount Tire is one of Arizona’s greatest business success stories,” Arizona Gov. Doug Ducey said in a release from the Arizona Commerce Authority. “From Bruce Halle’s first stores in Phoenix more than 50 years ago to growing to be the nation’s premier tires and wheels retailer, Discount Tire has always done business while giving so much back to Arizona and our communities. I’m grateful to Chairman Zuieback and the entire Discount Tire team for their continued dedication to our state and look forward to many more decades of their success.”

Discount Tire bought the property at a recent public auction by the Arizona State Land Department. The state will put proceeds from the sale into the Permanent Land Endowment Trust Fund to support K–12 education in Arizona, the release stated. The company tentatively plans to build a more than 300,000-square-foot office facility.

“Our commitment is to create the best, most positive experience for our People,” said Discount Tire chairman Michael Zuieback. “We are pleased to acquire this property in Phoenix and begin work on an innovative, sustainable workspace that honors and strengthens the culture on which our company was founded. Together with the support of our partners at the City of Phoenix, Arizona Commerce Authority, and Governor Ducey’s office, we are grateful for the opportunity to make more dreams come true.”

In addition to the main office, Discount Tire plans to build a campus facility, and will also include the offices of The Diane & Bruce Halle Foundation, a leading provider of philanthropic resources nationwide.

“Discount Tire’s new headquarters in Phoenix marks an exciting new chapter for the company,” said Sandra Watson, President and CEO of the Arizona Commerce Authority. “With this innovative corporate campus, Discount Tire joins Phoenix’s vibrant business community poised for continued growth.”

Phoenix Mayor Kate Gallego said the announcement signals a boost for the local economy.

“I could not be more excited that Discount Tire chose to maintain its local presence with this new headquarters in North Phoenix,” Gallego said. “The company’s decision to locate here means 1,100 high-value jobs. Given Discount Tire’s long history of growing its own talent, I suspect many a career will be launched at this new location. Plus, with Discount Tire ranking as one of the largest private companies in the U.S. and bringing its award-winning pedigree for being customer-centric, its presence further elevates Phoenix’s reputation for excellence.”

The company also plans to pay "special attention in the development will be paid to the native desert landscape, indigenous vegetation," and the facility's connection to nearby trails, the release added.

“We are incredibly excited about Discount Tire’s development plans in Phoenix and believe their commitment to Desert Ridge will further enhance new quality business development in the area. Our workforce and the surrounding community will continue to benefit from this partnership,” said Councilman Jim Waring, who represents this area of Phoenix, according to the Arizona Commerce Authority.

ORGANIZATIONS IN THIS STORY

LETTER TO THE EDITOR

Have a concern or an opinion about this story? Click below to share your thoughts.
Send a message

Community Newsmaker

Know of a story that needs to be covered? Pitch your story to The Business Daily.
Community Newsmaker

MORE NEWS