Rendering via KOREPlex
By BEX Staff | AZBEX
A potential developer/deal maker has come forward and expressed interest in the KOREPlex site at Baseline Road and State Route 85 in Buckeye.
As first reported in AZBEX, KORE Power has abandoned its plan to build the first lithium-ion battery production facility owned by a U.S.-based company on the 214-acre site and listed the property for sale through JLL. Subsequent reporting showed the company is the subject of a more-than-$10M lien recorded by general contractor Yates Constructionstemming from nonpayment for work and materials in readying the site for construction. (AZBEX: Jan. 31; Feb. 5)
Now Independent Concepts, a firm specializing in Opportunity Zone development projects, has expressed interest in meeting with Buckeye officials “to explore an Opportunity Zone development that aligns with the City’s long-term growth vision.”
