50 commercial real estate projects to know in 2027

AZ Big Media • November, 2026
Surveying Arizona’s best commercial real estate projects in is invaluable — it offers a powerful lens into the state’s economic trajectory, revealing where growth, investment and innovation are concentrated. From transformative mixed-use hubs and major campus developments to key infrastructure expansions and retail anchors, these projects signal shifts in market dynamics and opportunity hotspots. Having visibility into this portfolio helps businesses, developers and policymakers make informed decisions — whether for strategic site planning, investment targeting, policy shaping or community development.
Stevens-Leinweber Construction was proud to have these three stand-out projects selected as commercial real estate projects to know in 2027.
Chandler Bay
Owner: IndiCap
Developers: IndiCap | VAC Development | MDI Capital
General contractor: Stevens-Leinweber Construction
Architect: Deutsch Architecture Group
City: Chandler
Size: 110,481 square feet
Details: Located in Chandler along the Loop 202 corridor, the project brings 110,481 square feet of Class A industrial space to a submarket that is typically defined by larger, more traditional logistics development. The building is designed with efficiency and adaptability in mind. It features a 28-foot clear height, flexible suite configurations ranging from approximately 9,000 to 27,000 square feet, and infrastructure that supports a range of industrial uses, including light manufacturing, service operations and regional distribution.
Cognite Headquarters
Owner: Cousins Properties
General contractor: Stevens-Leinweber Construction
Architect: Phoenix Design One
City: Tempe
Size: 23,409 square feet
Details: Cognite’s new headquarters occupies 23,409 square feet on the ninth floor of Hayden Ferry Lakeside III just off of Tempe Town Lake. Rather than leaning into a standard corporate or industrial aesthetic, SLC and PDO created a layered, hospitality-inspired environment that feels eclectic, rich and unexpected. The design drew inspiration from The Global Ambassador, while still giving Cognite its own workplace identity and meeting the company’s goal of moving away from the Scandinavian look.
Goodyear AirPark Phase I
Developers: Lincoln Property Company | Harvard Investments
General contractor: Stevens-Leinweber Construction
Architect: Butler Design Group
City: Goodyear
Size: 1.6 million square feet
Details: Slated for 7 million square feet at build-out, Phase I includes six Class A industrial buildings ranging from 81,000 square feet to 775,000 square feet. All buildings are single story and designed for manufacturing and distribution users, with clear heights up to 40 feet.
Back to Articles