By Angela Gonzales | Phoenix Business Journal
When a pair of homebuilders plopped down $245.5 million as the winning bidder for 2,783 acres of state land in November, the stage was set for the development of yet another chunk of the far East Valley.
That’s because the Arizona State Land Department crafted the bid so that the auction winner would be required to entitle another 5,300 acres of adjacent land currently owned by the state land department — paving the way for future development.
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Jordan Rose, founder of Rose Law Group LLC, has handled hundreds of zoning cases in that area for two decades.”To say this will reshape Apache Junction is an understatement,” Rose said.