The city of Chandler was founded by Dr. A.J. Chandler, the Arizona Territory's first veterinary surgeon. After being in the area for several years, he had purchased enough acreage to be able to offer it for sale, and the town of Chandler was born. Situated around a central plaza known as Dr. A.J. Chandler Park, the downtown area today retains much of its historic character despite being in one of the fastest growing regions in the country. Growth has been exponential, but the city has reached its boundaries so new construction (and thus population growth) will taper off considerably. Major employers include Intel and Bank of America, although Chandler is still widely considered to be a bedroom community of Phoenix.