Tempe land deal involving tax breaks under scrutiny by critics

Tempe City Hall / KTAR

By Paulina Pineda and Robert Anglen | Arizona Republic

Tempe officials made a deal in 2007 to sell downtown land to a well-connected development attorney for a net of $50,000 when other bidders had offered $12 million to $14.5 million. 

The deal promised affordable housing and offices; retail and restaurant space; a library and other public amenities near Farmer Avenue and University Drive. 

But 12 years later, public records, development agreements, interviews and a secret investigation by a city auditor show the public still hasn’t gotten what it was promised from the project.

A portion of the agreement for the Farmer Arts District will go before the City Council Thursday.


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