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Tempe Union land sale could bring 178 homes to Ahwatukee site

Posted by   /  April 20, 2017  /  No Comments

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This map, from a presentation to Tempe Union school board members by Nathan and Associates, shows the 63-acre site, bordered in yellow, that the district is selling./Tennille Arnold:Special to AFN

By Paul Maryniak | Ahwatukee Foothills News

Tempe Union officials are selling a 63-acre plot of land in Ahwatukee that could lead to the construction of as many as 178 new homes not far from the South Mountain Freeway and make the school district co-developers of the project.

The school board two weeks ago authorized Nathan and Associates to begin marketing the property on the southwest corner of Desert Foothills Parkway near Frye Road for a sale that could yield between $15 million and $19 million for the district.

Despite several members’ strong reservations, the board also decided to leave open for now the possibility of entering a potentially risky joint venture with the builder who buys the site instead of only looking to sell it outright.

Continued:

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  • Published: 6 months ago on April 20, 2017
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  • Last Modified: April 20, 2017 @ 5:54 pm
  • Filed Under: Real Estate

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