State auctioning swaths of trust land in response to Tucson’s booming housing market

The state’s decision to put trust land up for sale in due to Tucson’s expanding economy, said Wesley Mehl, deputy state land commissioner. / Photo by Mamta Popat / Arizona Daily Star

 

In response to a booming housing market in the Tucson area, the state is auctioning swaths of trust land for future housing developments.

Earlier this month, KB Home paid $10.6 million for 210 acres on the northeast corner of Camino Seco and Irvington Road.

State Land Commissioner Lisa Atkins said it was the first residentially zoned trust land in Tucson sold at auction since 2006. A second auction, featuring close to 47 acres near Irvington and Houghton roads, will be held Oct. 9 with a minimum bid of $425,000.

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