The future of Axon Enterprise Inc.’s proposed headquarters in Scottsdale is now uncertain as a referendum effort has successfully paused the project. Here’s what you need to know:
What’s Happening?
- Axon planned a massive HQ campus in Scottsdale, featuring offices, a hotel, seven restaurants, and 1,895 apartment units.
- The Scottsdale City Council approved the project in November 2024, but not everyone was on board.
- A political action committee called TAAAZE (Taxpayers Against Awful Apartment Zoning Exemptions) led the charge against the apartment portion of the plan.
- They collected nearly 27,000 signatures, surpassing the required threshold to get a public vote on the project in November 2026.
- On January 30, 2025, the Scottsdale City Clerk certified the referendum, making it official.
Why Are People Against It?
- Opponents argue Scottsdale already has too many approved apartment projects (over 10,000 units) and doesn’t need more.
- Some fear traffic congestion and strain on infrastructure in the area.
- Others believe the project benefits Axon more than the community.
How Did Axon Respond?
- CEO Rick Smith hinted that Axon might move the HQ elsewhere rather than wait until 2026.
- The company says waiting two years for a decision is not feasible for their business operations.
- Scottsdale risks losing a projected $4.6 billion in economic impact over the next decade if Axon relocates.
What Happens Next?
- With a new mayor and shifts in the City Council coming after the November 2025 election, the debate could take new turns.
- If Axon leaves, neighboring cities like Mesa, Chandler, and Gilbert could benefit by attracting the headquarters instead.
- Scottsdale investors should monitor this situation closely, as it could impact property values, commercial growth, and local development strategies.
Our Take
- Scottsdale needs more housing—blocking apartments while complaining about affordability is counterproductive.
- If Axon relocates, it would be a huge economic loss for the city and a win for competing municipalities.
- A more balanced approach to development could be the key—why not negotiate for better planning rather than stopping projects entirely?
For real estate investors and landlords, this is a story to watch. Scottsdale’s political shifts and housing policies could shape market conditions for years to come.