Phoenix shells out millions to buy state land

Photo via Arizona State Land Department

By Hailey Mensik | Phoenix Business Journal

The city of Phoenix was the only bidder as it won an Arizona State Land Department auction Nov. 19 for 158.7 acres in north Phoenix.

It’s paying $11.9 million for the site, which is situated north of Sandra Day O’Connor High School, off the I-17 freeway and Jomax Road.

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