Formation Interests, Crescent Real Estate, Willmeng Construction and the city of Goodyear, Arizona came together for the groundbreaking ceremony of Formation Park 10.
FThis is the first project outside of Texas for Formation, a development and investment company based in Dallas. Phase 1 of Formation Park 10 consists of 427,000 square feet across two buildings and includes a large park to serve as an amenity for future tenants and the surrounding community.
Formation CEO Adam Herrin said his company chose the Goodyear site for the proximity to freeways, surrounding amenities and the potential for growth in the area.
Goodyear Mayor Joe Pazzillo attended the groundbreaking ceremony and expressed his delight in welcoming high-quality businesses and developments to the city.