Completed in May 2022, this 3-mile-long alignment serves students, professionals visitors and event-goers, passing through Arizona State University’s main campus, continuing by the Frank Lloyd Wright-designed Gammage Theater, down Mill Avenue, the city’s hub of dining, shopping and nightlife and along Rio Salado Parkway to Tempe’s business district.
Located at the southwest corner of Terminal 4, this 275,000-sq-ft concourse is the final one to be added to Phoenix Sky Harbor International Airport’s busiest terminal.
While the region’s seven states report improved public and private markets from 2021 through this year, problems with the availability and delivery of materials, labor shortages and the rise in inflation continue to curb revenue and expectations at construction firms.
Southwest contractors anticipate strong markets ahead but are contending with double-digit inflation, rising interest rates and accelerating fuel costs.