---
title: "Exact Sciences' 250,000-Sq-Ft Sky Harbor Expansion"
url: https://stacklist.com/card/4cb27685-571d-4385-838e-321dfe22b721
source_url: "https://universityresearchpark.org/cologuard-maker-exact-sciences-plans-huge-expansion-in-arizona/"
stack: https://stacklist.com/c/business/stack/be766c08-09d7-4168-9704-6be62858af1f
summary: "Exact Sciences Corp., the Madison-based maker of Cologuard cancer detection tests, is planning a major 250,000-square-foot expansion in Phoenix that will create over 800 jobs and generate more than $21.5 million in direct revenue benefits to the city over 10 years. The facility will include lab, office, manufacturing, and warehouse space at Sky Harbor Center near Phoenix Sky Harbor International Airport."
tags: "exact-sciences, phoenix-expansion, cologuard, job-creation, sky-harbor, manufacturing-facility"
key_entities: "Exact Sciences Corp. (organization), Cologuard (technology), Phoenix (location), Madison (location), Sky Harbor International Airport (location), Sky Harbor Center (location), cancer-detection (concept)"
classification: "news"
content_hash: "sha256:b76745fd7ee11becf0ecd079be846320e30f0ea4af3db877ed65460e37d2e4be"
acp_version: "0.2"
token_counts_approximate: 389
visibility: public
agent_accessible: true
status: "final"
---

# Exact Sciences' 250,000-Sq-Ft Sky Harbor Expansion

02 Oct Cologuard maker Exact Sciences plans huge expansion in Arizona Posted at 14:08h in URP News , Resident Company News by URP Admin &nbsp; Exact Sciences Corp. is planning to hire hundreds of employees for an expansion it&#8217;s working on in Phoenix. Photo: Exact Sciences Exact Sciences Corp. is working on a major expansion plan in Phoenix. The Madison-based cancer detection firm behind the Cologuard at-home cancer detection test is set to build a 250,000-square-foot facility and create more than 800 jobs, according to city of Phoenix documents. Phoenix City Council is scheduled to vote Oct. 4 on a development agreement with publicly traded Exact Sciences (Nasdaq: EXAS). Council will also vote on an incentives package that includes a performance-based job creation reimbursement not to exceed $1.6 million, along with a maximum of $5 million in reimbursement from eligible revenue generated through Transaction Privilege Tax at the site, according to documents on file with the city of Phoenix. Examples of expected TPT revenue generation on the site include construction, leasing and retail activity. Plans call for building a 250,000-square-foot facility with lab, office, manufacturing and warehouse space at the northeast corner of Sky Harbor Circle North and Buckeye Road. Exact Sciences will lease about 17 acres of the 35-acre Sky Harbor Center at Phoenix Sky Harbor International Airport. A third-party economic analysis indicates a 10-year direct revenue benefit to the city of more than $21.5 million. Read More Share Print page
