Healthcare construction has been steady. HUD's January 2025 analysis of the metro, citing AZ Big Media, counted more than 6.2 million square feet of primary healthcare space added at four major hubs over the prior five years, about $4.2 billion of investment and 11,000 jobs.
Mayo Clinic is the largest single project in that report. According to HUD, a $750 million investment that began in 2018 doubled Mayo's physical presence in the metro; it opened in 2023, was expected to be complete in 2026 and had added 2,000 healthcare jobs. HUD also reported a planned $1.9 billion Mayo expansion over the following ten years to grow clinical space by 59% and add 3,500 jobs.
The same report lists Banner Health among the metro's largest employers, with 29,770 employees. New clinical space means new units to staff, often drawing on the same local PA, NP and nursing pools. For Valley-wide context on chips, finance and back-office hiring, see our Phoenix staffing guide.