November 17, 2024 11:39 pm
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Investors banking on proposed Pinal freeways, projects

A rendering of Pinal Land Holding’s proposed Heritage industrial park shows where it would be located and its proximity to infrastructure.

Proposed freeways in Pinal County are spurring speculators to buy up vacant property in anticipation of a building boom.

Investors in real estate and developers have quietly been sinking money into land throughout the area, banking on key transportation projects coming to fruition, primarily the proposed Interstate 11 and the “north-south freeway” that would connect Interstate 10 at Picacho with the East Valley.

Most notable among these is a 11,447-acre buy by Pinal Land Holdings LLC, which followed the $114 million sale with annexation into the city of Coolidge in early 2014.

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Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.