Large swath of land intended for employment corridor to be sold at auction

By Corina Vanek | Phoenix Business Journal

The first portion of a swath of state land in north Phoenix that the city is aiming to reposition as a major employment corridor will go up for auction Nov. 2.

The parcel, which totals about 1,128 acres at the northwest corner of Loop 303 and the 43rd Avenue alignment, will be sold for a minimum of $89 million, according to the auction notice posted by the Arizona State Land Department.

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