Lincoln Property Co. Drives Tucson’s Industrial Boom with $75M I-10 International Project

Tucson is witnessing a surge in commercial development anchored by Lincoln Property Co.'s groundbreaking of the I-10 International project, a $75 million, 1 million-square-foot industrial complex near Tucson International Airport. The first phase, developed by Lincoln, will deliver 373,811 square feet of space, signaling a major step forward in the region's industrial capacity and economic growth.^[1]

Industrial Growth Anchored by Local Leadership

Lincoln Property Co.'s initiative arrives amid a wave of commercial developments reshaping Tucson’s economic landscape. This momentum comes as local developers and investment firms capitalize on demand for industrial and commercial space, driven by Tucson's strategic location and growing business community. The placement near Tucson International Airport is critical, attracting logistics and manufacturing firms seeking connectivity to broader markets.

Complementing Lincoln’s efforts, Schnitzer Properties has also commenced work on two industrial projects, the Drexel Commerce Center, with 184,080 square feet, and the Corona Commerce Center, with 146,963 square feet. Together, these projects represent a $73 million investment, illustrating how local firms actively contribute to Tucson’s expanding industrial footprint.^[9]

Broader Commercial Developments Drive Confidence

Lincoln’s project is part of Tucson’s broader commercial surge. A historic $3.6 billion potential data center in southeast Tucson has cleared its first Pima County approval and is moving through City of Tucson review stages, marking it as the region’s largest economic project.^[5] Additionally, active developments such as Trader Joe’s on Broadway, Bass Pro Shops at the Bridges, and a new commercial hub approved at 29th and Swan underscore the variety of retail and office growth continuing in parallel.^[1]

Further revitalizing downtown Tucson, a local developer edges closer to final approval for a $100 million office tower. This project exemplifies the resilience of Tucson’s commercial sector, sustaining hundreds of millions in investment despite challenges presented by the pandemic.^[2]

These investments not only increase available commercial space but also catalyze job creation and diversify the local economy. The coordinated approvals and simultaneous breaks ground on multiple sizable projects point to a robust development environment in Tucson.

Next Steps: Monitoring Impact and Expansion

As the I-10 International project advances, the focus will be on completing the first phase led by Lincoln Property Co. while maintaining coordination with city reviews on other major undertakings, including the southeast Tucson data center. Stakeholders, including local businesses and government agencies, are expected to track how these developments influence employment and economic metrics in the coming years.

Prospective tenants and investors should watch for further announcements as these industrial and commercial hubs take shape near key Tucson arteries like Broadway and Swan Road, and around strategic points such as the Tucson International Airport. These developments represent critical infrastructure that could attract additional companies to the region and elevate Tucson’s role as a commercial center in the Southwest.

This article is general information only and is not personal financial or investment advice. Consider your own circumstances and seek licensed professional advice before making financial decisions.