Mike Sunn
ucks, Senior Reporter | Phoenix Business Journal
A Scottsdale development company – with Chinese backing – still plans on buying land from the city of Tempe for a proposed $1.2 billion mega-development.
TrendEx Holdings LLC missed a Dec. 12 deadline to pay the city $17.6 million for 11 acres of land along Tempe Town Lake.
But the developer says it has a 30-day extension to still buy the property and plans on making that January deadline.
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