By Mike Sunnucks | Phoenix Business Journal
Four bidders — including national developer Trammell Crow Co. and Scottsdale-based Deco Communities — have put forward plans to buy and develop the largest parcel of undeveloped downtown Phoenix land.
The two developers battled it out over of the same land near Fillmore Street and Fourth Avenue last year in a previous RFP.
The property totals 7.6 acres.
The city of Phoenix originally picked a plan from Trammell Crow and the Cesar Chavez Foundation last year to develop more than 600 apartments and two restaurants on the downtown land. They were going to pay $9 million for the land. That was the highest bid.
