Axon’s Scottsdale apartment proposal accused of ‘cheating’ schools out of funding

By Jessica Boehm | Axios

Axon, the billion-dollar Scottsdale corporation that manufactures Tasers and police body cameras, wants to build 2,500 apartment units around its new planned headquarters near Loop 101 and Hayden Road as part of a plan to provide convenient housing and commercial amenities for employees.

Yes, but: One of the Valley’s top real estate professionals is accusing the company of skirting state land rules — and shorting education funding in the process.

The intrigue: Residential development is prohibited on the 74-acre parcel Axon purchased from the Arizona State Land Department in 2020 for $49.1 million, and Axon is asking the city of Scottsdale to lift the restriction with a zoning change.

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