Buckeye Land Sale Leading to Mixed-Use Project

July 11, 2024

Connect CRE

Arizona Land Consulting (ALC) has closed on two locations in Buckeye. The deals, combined, amounted to nearly $20 million.

The first acquired property is 72 acres that will be converted into a mixed-use development, located on Miller and Broadway, a rapidly growing area known for its economic development and thriving real estate market. The majority of the site was recently rezoned to be developed into a master-planned community called Copper Falls. The residential community is slated for approximately 900 multifamily units, a combination of build-to-rent and garden-style apartments. The remaining 16 acres will be kept for commercial and retail use.

“We were attracted to this site because of all the development happening in and around the area. There is already a strong demand for both retail and multi-family components,” said ALC’s Anita Verma-Lallian.

The second site that closed is 20 acres on Baseline and Johnson Road, which is being considered for industrial or another commercial use.

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