The City of Phoenix may sell 450 acres it owns near Luke Air Force Base for approximately $100M. The money would go to fund the City’s Aviation Department.
The site is part of a roughly 820-acre unincorporated Maricopa County site Phoenix owns near Olive Avenue and Litchfield Road. The proposal would sell the northern half for industrial or commercial development. Phoenix is considering using the southern half for a solar energy project.
The land is currently leased for agriculture and generates approximately $150K in annual revenue.
A request for information was released last year. Four responses were received.
The proposal will go before the City Council, which is required to authorize sales of City-owned land. (Source)