By Kylie Werner | InMaricopa
In an upcoming special meeting on Monday, announced this morning, Maricopa City Council will authorize a land sale and purchase of new land to sell for its Industrial Triangle project.
The first action the city council will take is to approve the sale of land to Hollywood, Calif.-based Redevco Solutions.
Redevco is part of the coming industrial park along Maricopa-Casa Grande Highway and White and Parker Road, along with Rail Industrial Partners.
The city will be selling approximately 116 acres of land to Redevco for almost $12 million.
After voters in July approved Proposition 482 — a primary ballot measure that allowed the city to sell 728 acres of its property — the city awarded a 680-acre bid to Rail Industries and Redevco for more than $66.6 million.
