On a 7.5-acre site at 163rd Avenue and Happy Valley Road in Surprise, Arizona, Silverado Holdings is developing Happy Valley BizTech Park, the first build-out of its BizTech business park concept. The project will deliver roughly 79,000 square feet across five buildings, with individual spaces ranging from about 13,000 to 21,000 square feet and divisible into smaller bays.
The location is deliberate. Surprise sits inside the Loop 303 corridor, the West Valley growth band that has drawn tens of millions of square feet of new industrial and manufacturing investment, and it is within reach of TSMC’s Arizona semiconductor campus and the supplier network forming around it. Industrial vacancy in the submarket is tight, and small operators have few options that are both modern and ownable.
Built for the people who use it
Happy Valley is a small-bay flex development designed for working businesses: contractors, trades, e-commerce operators, and light manufacturers, along with the office tenants who support them. The unit mix blends executive office, flex tech, light industrial, and warehouse space with roll-up doors, so a tenant can start in a modest footprint and expand within the park as the business grows.
Buyers and tenants both have a place here. Each unit can be individually platted and sold under a commercial-ownership condominium structure, which means an owner-user can purchase a specific bay and build long-term equity rather than only paying rent. That buy-or-lease optionality, common in housing but rare in quality commercial product, is central to the BizTech model.
Where people go to work, and all of a sudden they go wow.
Brad Gorman, Founder & Chairman
A different standard for a business park
What sets Happy Valley apart from standard tilt-up industrial is the experience of being there. The site is planned with courtyards, shaded walkways, soft landscape, and amenity space for coffee, food, and a place to step outside during the workday. The architecture is tier-one rather than commodity, built to the standard Silverado Holdings applies across its commercial work.
The approach reflects a broader view at the firm: that quality and amenity are not luxuries reserved for corporate campuses, and that small businesses will choose, and pay to own, space that respects how their teams actually work. Silverado Holdings describes the concept as South Pier at Tempe Town Lake scaled down to a small-business park, the same logic of mixed building types and shared, walkable common space at a neighborhood scale.
First of many
Happy Valley is the lead project in a BizTech pipeline that also includes a development in Gilbert at Morrison Ranch, with the model planned to expand beyond Arizona into Texas, the Mountain West, the Southeast, and California growth corridors. For Silverado Holdings, the Surprise park is both a building and a proof point: evidence that a better business park can be delivered at a price small operators can reach.
Brokers, prospective tenants, and owner-users interested in Happy Valley BizTech Park can contact Silverado Holdings through its general inquiry channel.
