By Taylor Seely | AZ Central
They hope to attract visitors with high-end shops and anchor Litchfield Park as a regional destination.
Work is expected to begin in September, with buildings going up next summer and the project wrapping up in 2028.
The $26 million project is a big investment for the city, whose general fund operations run less than $10 million.
How Litchfield Park plans to pay for its big investment
The Litchfield Park City Council is expected to authorize $15 million in bond borrowing in September to build Litchfield Square.
The city also will funnel $5 million to $6 million in city funds to the project, and plans to eventually sell 12 of the 29 acres to pay for what Mayor Tom Schoaf calls the area’s “Cadillac features,” including a clock tower and water feature.
