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Economic Development

The Town of Oro Valley is where scientific collaboration, technology innovation and business opportunity are surrounded by the stunning Arizona landscape.  Oro Valley is already home to global bioscience, health care, and hi-tech companies many of which are experiencing significant expansions. 
                        
With the ground breaking of a business incubator/accelerator in Innovation Park late 2019, the Town is poised to help launch and grow new life-science-oriented enterprises along with a diverse mix of new engineering and business services. This facility will create a dynamic environment that will include flexible lab and office space and will link to the University of Arizona Innovation Ecosystem via the future Veterinary College in Oro Valley planning to start its first cohort Fall 2020.

Oro Valley Marketing Brochure  Digital Reader | Printable PDF

Oro Valley enjoys a business environment based on a diverse economic base and a well-qualified workforce. Due to our proximity to high-quality institutions like the University of Arizona, we have professionals in practically every field as part of our talented, diverse workforce.

Business-friendly taxes

  • In 2018, commercial construction permit valuation totaled more than $36 million
  • No local property tax
  • Commercial property assessed at 18% of fair market value
  • Residential property assessed at 10% of market value

Bioscience & Hi-Tech Employers (Job Links)

  • Roche Tissue Diagnostics (automated diagnostic systems for anatomical pathology)
  • Honeywell (diversified technology and manufacturing)
  • Simpleview (customized tools for destination marketing organizations)
  • Securaplane (avionics products for commercial, military and business aircraft)
  • Sigma Technologies International (polymer capacitor technologies)
  • Icagen (pharmaceuticals)