Tech Parks Arizona Reports

$2.6 Billion Annual Economic Impact 

Following 30 years of growth and innovation, Tech Parks Arizona continues to be one of the region’s most powerful economic engines. A newly released analysis conducted by Rounds Consulting Group reports that in 2024, Tech Parks Arizona generated $2.6 billion in annual economic impact, supported 15,857 jobs, produced $1.1 billion in labor income, and contributed $84 million in state and local tax revenues. 

These results reflect the combined direct, indirect, and induced impacts of Tech Parks Arizona’s innovation hubs: the UA Tech Park at Rita Road, UA Tech Park at The Bridges and the University of Arizona Center for Innovation (UACI), underscoring its critical role in driving Arizona’s knowledge-based economy. 

Tech Parks Arizona hosts over 100 companies, ranging from startups to tech giants, across sectors such as aerospace and defense, software, optics, financial services and life sciences. As a major employment hub, the parks are home to 9,205 workers whose average annual wage of $75,600 exceeds the Tucson metro area average by more than $13,000—compared to $62,200. Tech Parks Arizona plays a pivotal role in advancing the University’s strategic imperative of success for every student by fostering hands-on internship opportunities and fueling thousands of high-quality jobs for skilled talent. 

As a science and tech hub for industry, research and entrepreneurship, the Tech Parks strengthen the state’s competitive position and expand opportunities for collaboration, investment, and corporate expansion, driving long-term economic prosperity for Arizona. 

Perception Study Highlights Strong Support 

A recent perception study revealed positive feedback from community and industry stakeholders about Tech Parks Arizona. A majority of respondents (78%) said they would recommend Tech Parks Arizona to other businesses, and 84% identified the UA Center for Innovation as the state’s go-to expert for science and technology incubation. According to the survey summary, the most recognized contributions included:(1) supporting startups through UACI, (2) fostering a collaborative business and innovation community, and (3) connecting companies with university resources. This feedback reinforces Tech Parks Arizona’s position as a catalyst for innovation, economic growth and community development throughout the region.

Tech Parks at UEDA Summit 

Carol Stewart, Vice President of Tech Parks Arizona, served as host and speaker for the session “A Park, A District, or A Hub? University Innovation Knows No Bounds” at the University Economic Development Association (UEDA) Summit in Huntsville, Alabama. The discussion explored how universities are anchoring innovative ecosystems and advancing regional competitiveness through place-based strategies. The Summit, hosted by Alabama A&M University Graduate School, brought together national leaders committed to fostering innovation, expanding educational opportunities and creating lasting community impact. Tech Parks Arizona’s participation reflects its active role in shaping the future of university-driven economic development and innovation. 

Leadership and Service 

Patrick Murphy, Chief Operating Officer of Tech Parks Arizona, strengthens Southern Arizona through leadership and service that extends beyond the workplace. In addition to overseeing operations that support innovation and business growth, Patrick serves on the board of the DM50, a nonprofit advocacy group dedicated to supporting Davis-Monthan Air Force Base and the airmen who serve there. His efforts help ensure this vital installation, contributing more than $3 billion annually to the local economy, continues to thrive as a cornerstone of our region’s security and community. 

Southern Arizona Leadership Council Convened at the UA Tech Park

Tech Parks Arizona welcomed the Southern Arizona Leadership Council (SALC) for its member meeting, followed by a networking mixer hosted by IBM, a valued major tenant on-site. The gathering brought together prominent leaders to explore opportunities for regional growth, innovation and strategic collaboration. Facilitating gatherings of this caliber underscores Tech Parks Arizona’s commitment to fostering connections between industry, research, and community - advancing the University of Arizona’s strategic goal of community engagement. 

AAED Golden Prospector Award of Merit

Tech Parks Arizona is proud to announce that it has received a 2025 Golden Prospector Award of Merit from the Arizona Association for Economic Development (AAED). The award was presented at the AAED Fall Forum in Prescott, Arizona, where leaders from across the state gathered to recognize excellence in economic development. Tech Parks Arizona distinguished itself through its 30-year legacy of promoting business success, fostering research partnerships and strengthening community collaboration.

PEOPLE OF THE PARK

Victor Schnurr

Fitness Specialist at FitZona

Victor brings heart, energy, and motivation to every workout, whether it’s a strength session, group class, or quick lunchtime fitness break. He’s passionate about creating a welcoming space where people feel encouraged to move with purpose and improve their quality of life. Born and raised in Tucson, Victor holds a bachelor’s degree in Exercise Science with a focus on Sports Performance and is a NASM-Certified Personal Trainer. His background in both fitness and healthcare gives him a well-rounded approach to helping others achieve their goals. 



Fun fact: Fun fact: When he’s not coaching, Victor enjoys volleyball, playing cards, and painting.

FEATURED SPACE

Building 9060

This prime second-floor space in Building 9060 boasts 57,000 square feet of flexible, multi-use space, comprising offices, training rooms, and a fully equipped kitchen. Customize your workspace to perfection, all within the vibrant ecosystem of a premier university research park. Nestled in the heart of the UA Tech Park, this location offers seamless access to a host of onsite amenities, including Café Zona and Starbucks, a corporate fitness center, event center and meeting spaces. 

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