Peoria land deal will result in new jobs and revenue for the city
Jan. 15
The Peoria City Council has approved a landmark Intergovernmental Agreement (IGA) with the Arizona State Land Department (ASLD) that will lead to development, new jobs and revenue generation for decades.
This partnership allows the city to lead the land planning efforts on 6,700 acres of undeveloped State Trust land in the area referred to as the Peoria Innovation Core (PIC), 10.5 square miles of land that encompasses the Loop 303 corridor, from Lake Pleasant Parkway to State Route 74.
The partnership is expected to provide the city with thousands of new jobs, new restaurants, retail and housing.
Jason Beck, City of Peoria Mayor, joined us to discuss.