Chandler continues to invest heavily in its streets, parks, and utility infrastructure, while its Price Road technology corridor remains one of the most significant employment centers in the Phoenix metro, even as it shows some of the mixed signals common to any mature, large commercial district. For buyers, sellers, and investors, it is worth understanding both sides of that picture.
Here is what is actually happening across Chandler’s infrastructure and commercial landscape right now, and how to think about what it means for property values.
A Decade of Major Capital Investment
The City of Chandler’s 2026-2035 Capital Improvement Program totals about $2.62 billion over ten years, with roughly $845.7 million appropriated for fiscal year 2025-26 alone, covering streets, parks, utilities, the airport, facilities, and technology infrastructure. The plan reflects a 5.2 percent increase over the previous ten-year program, and the city has reduced its primary property tax rate for ten consecutive years while maintaining the lowest general sales tax rate in Arizona.
| Project | Scope |
|---|---|
| McQueen Road, Alma School Road, Kyrene Road | Major street improvements across multiple corridors |
| Ray Road / Dobson Road Intersection | Full intersection reconstruction |
| Lindsay Road & Alma School Road (South Chandler) | Road widening |
| Frye Road Protected Bike Lanes | 2.5 miles of new protected bike lanes |
| Downtown: Dr. A.J. Chandler Park & California Half-Street | Park renovation and streetscape improvements |
Downtown Chandler is seeing some of the most visible near-term change, with the renovation of Dr. A.J. Chandler Park expected to complete on the west side of Arizona Avenue before the 2026 holiday season and on the east side by early 2027, alongside streetscape improvements along California Street. The city is also designing new concrete shared-use pathways along the Kyrene Branch and Highline canals in west Chandler, intended to connect to existing paths in Tempe as part of its broader bicycle and pedestrian network plan.
Chandler publishes its Capital Improvement Program and a City Projects page with current status on street, utility, and facility work. Before buying near a major corridor, check this resource for the specific road and cross streets to understand realistic construction timelines.
The Price Road Corridor: Still Chandler’s Economic Engine
Chandler’s Price Road Corridor, stretching along the Loop 101 and Loop 202 freeways, remains the city’s primary technology and corporate employment district. Intel’s Ocotillo campus within the corridor represents more than $17 billion in investment in two new fabrication facilities, and recent activity throughout 2026 has included Applied Materials announcing a $200 million advanced manufacturing facility, Honeywell occupying the newly completed AMPlify development, and Comtech and Viavi both relocating their corporate headquarters into the corridor. ASML, Arm, and Cirrus Logic have all expanded their footprints, and healthcare has grown alongside tech, with Banner Health opening a four-story, 240,000 square foot medical center and HonorHealth leasing space for a new Arizona Center for Cancer Care.
The Price Road Corridor is home to companies spanning semiconductors, data centers, healthcare, and corporate headquarters, including Intel, PayPal, Wells Fargo, and Bashas’. Few single corridors anywhere in the Phoenix metro combine this much employment density in one area, which is a major reason Chandler has sustained strong housing demand even as home prices have climbed.
A More Complicated Picture Than Pure Growth
Not every signal from the corridor has been positive. General Motors announced it would close its Arizona IT Innovation Center within the Price Road Corridor, and other office moveouts have prompted some local commercial real estate observers to question whether vacancy is becoming a concern. Chandler’s economic development leadership has pushed back on characterizing this as a broader downturn, pointing to recent high-profile arrivals including Bechtel, Titan Solar, and Yield Engineering as evidence the corridor remains in demand overall.
Data centers add another layer of nuance. Two new facilities, Aligned Energy Data Center PHX04 and PHX06, are in development near Price Road and Innovation Street, and Lincoln Property Company recently purchased and is upgrading an existing Frye Road data center. At the same time, Chandler City Council passed an ordinance requiring new data centers to go through planned area development zoning with sound mitigation measures, a response to community concerns about the pace and impact of this type of development. Chandler’s commercial market, in other words, is large and active enough to show real growth and real friction at the same time.
Intel’s multi-billion dollar fabrication investment at Ocotillo
New corporate headquarters relocations and expansions throughout 2026
Continued healthcare and life sciences growth alongside tech
A decade-long, multi-billion dollar municipal capital investment plan
Office moveouts and rising vacancy concerns in parts of the corridor
New zoning restrictions on future data center development
Construction disruption near active road and downtown projects
Differing opinions among local commercial real estate observers
What This Means for Property Values
Chandler’s scale of employment and infrastructure investment generally supports property values over the medium to long term, since a large and diverse job base helps sustain housing demand even when any single sector or employer sees a slowdown. The Price Road Corridor’s mixed signals this year are a useful reminder that commercial real estate and residential value, while related, do not move in perfect lockstep. A single company’s moveout rarely moves home values on its own, but a sustained trend in either direction, across many employers, eventually does.
For homes near active construction, including downtown’s park renovation or any of the current street widening projects, expect some temporary disruption from noise, dust, and traffic, generally for the duration of the specific project. For buyers and sellers thinking about timing, understanding both the growth and the current friction in Chandler’s commercial market gives a more complete picture than following headlines about either in isolation.
- Look at the corridor’s overall employment base, not any single company’s news. Chandler’s job market remains broad and diverse.
- Check project status before buying near active construction. The city’s project page lists current timelines.
- Watch downtown’s redevelopment closely. The park and streetscape improvements are reshaping the area’s appeal through 2026 and into 2027.
- Keep commercial and residential markets in perspective separately. They are related but not identical, especially during a period of mixed commercial signals.
Chandler’s growth story remains strong, even with the kind of normal churn that comes with a large, mature commercial district. If you are weighing a purchase or sale near the Price Road Corridor or one of the city’s active infrastructure projects, I would be glad to help you understand what is happening nearby.
Frequently Asked Questions
How much is Chandler spending on infrastructure right now?
The City of Chandler’s 2026-2035 Capital Improvement Program totals about 2.62 billion dollars over ten years, with roughly 845.7 million dollars appropriated for fiscal year 2025-26 alone, covering streets, parks, utilities, airport, and technology infrastructure. The program funds major street projects including work on McQueen Road, Alma School Road, Kyrene Road, and the Ray and Dobson intersection, among many others.
What is the Price Road Corridor and why does it matter for Chandler?
The Price Road Corridor, stretching along the Loop 101 and Loop 202 freeways, is Chandler’s primary technology and corporate employment district, home to major companies including Intel, PayPal, Wells Fargo, Applied Materials, Honeywell, ASML, Viavi, and Arm. Intel’s Ocotillo campus within the corridor represents over 17 billion dollars in investment in new fabrication facilities, making the corridor one of the most significant employment centers in the Phoenix metro.
Are there concerns about vacancy in Chandler’s Price Road Corridor?
Some local commercial real estate observers have raised questions after General Motors announced it would close its Arizona IT Innovation Center in the corridor, along with other office moveouts. Chandler’s economic development leadership has pushed back on characterizing this as a broader downturn, pointing to recent new arrivals including Bechtel, Titan Solar, and Yield Engineering. The corridor’s overall employment base remains large and diverse, though it is a market worth watching given the mix of signals.
Is Chandler building new data centers?
Yes, though the city has also moved to restrict future data center development. Two new facilities, Aligned Energy Data Center PHX04 and PHX06, are planned or under construction near Price Road and Innovation Street, and Lincoln Property Company recently purchased and is upgrading an existing data center on Frye Road. At the same time, Chandler City Council passed an ordinance requiring new data centers to go through planned area development zoning with sound mitigation measures, reflecting some community pushback on the pace of this type of development.
Does commercial growth in Chandler actually raise home values?
Generally, yes, over the medium to long term, since major employers bring jobs that support housing demand, particularly for homes within a reasonable commute of the Price Road Corridor. The effect is not immediate or guaranteed for any individual property, and a mix of growth and moveouts in the same corridor, as Chandler is currently seeing, is a reminder that commercial real estate and residential value are related but not identical markets.
Where can I find details on current Chandler road projects?
The City of Chandler publishes its Capital Improvement Program and a City Projects page detailing current street, utility, and facility work, including project scope and expected timelines. Checking this resource for a specific corridor or neighborhood is the most reliable way to understand what construction activity might affect a home you are considering.
👉 You can also check out this helpful video for a closer look at what Chandler, AZ has to offer:
Weighing a purchase or sale near the Price Road Corridor or one of Chandler’s active infrastructure projects? I would love to help you understand what is happening nearby and how it fits into your timeline.
