By Jessica Boehm | Axios
Phoenix has its eyes on a few pieces of land that are ripe for development.
What’s happening: The city’s economic development leaders briefed a council subcommittee Wednesday on four city-owned properties they plan to pitch to developers in the next year.
- The city could decide to sell or lease the land to real estate entities who would bring housing, retail or other projects.
Why it matters: The council has been eager to activate vacant land owned by the Phoenix, especially in areas that are now seeing major economic growth.
24th Street and Broadway Road
This 12-acre site is a redevelopment priority for the south Phoenix community. It’s currently a large vacant lot.
What they’re saying: Community development deputy director Xandon Keating told the subcommittee the city is hosting conversations with surrounding neighborhoods to determine the best use.