{"id":174920,"date":"2025-08-25T17:57:15","date_gmt":"2025-08-25T17:57:15","guid":{"rendered":"https:\/\/www.europesays.com\/us\/174920\/"},"modified":"2025-08-25T17:57:15","modified_gmt":"2025-08-25T17:57:15","slug":"phoenix-pursues-deal-with-mortenson-for-prime-desert-land-development","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/174920\/","title":{"rendered":"Phoenix pursues deal with Mortenson for prime desert land development"},"content":{"rendered":"<p>Millions of square feet of new commercial development could rise in north Phoenix.<\/p>\n<p>The city of Phoenix is pursuing a development agreement with Minnesota-based real estate developer Mortenson for a site of prime desert land formerly eyed by the Phoenix Coyotes for a proposed hockey arena. In June, <a class=\"Link\" href=\"https:\/\/urldefense.com\/v3\/__https:\/\/www.bizjournals.com\/phoenix\/news\/2025\/06\/20\/mortenson-acquires-former-coyotes-site-at-auction.html__;!!FJkDyvWmnr4!Zxj-EuQF8BmQB5I9HPchFWpw3adwetCcym15rJqF3WTfZriauYMrajxBfIJsZtG917w1xr7a9KK4dVVRdP7T4A$\" rel=\"nofollow noopener\" target=\"_blank\">Mortenson placed the winning bid<\/a> in an Arizona State Trust land auction, paying $136 million for the 217.16-acre site located west of North Scottsdale Road and north of Loop 101.<\/p>\n<p>Mortenson\u2019s plans for the overall site include five million square feet of commercial space, according to a Phoenix City Council agenda item to be discussed Aug. 27. The first phase of development is set to feature a 30-acre mixed-use spec office campus.<\/p>\n<p><a class=\"Link\" href=\"https:\/\/www.bizjournals.com\/phoenix\/news\/2025\/08\/22\/mortenson-office-mixed-use-development-coyotes.html?utm_source=sy&amp;utm_medum=ptr&amp;utm_campaign=knxv\" rel=\"nofollow noopener\" target=\"_blank\">Read more of this story from the Business Journal.<\/a><\/p>\n<p>        <a href=\"https:\/\/www.abc15.com\/apps\" rel=\"nofollow noopener\" target=\"_blank\"><img decoding=\"async\" width=\"100%\" src=\"https:\/\/www.europesays.com\/us\/wp-content\/uploads\/2025\/08\/1755932053_129_liveplayerbanner1.png\"\/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Millions of square feet of new commercial development could rise in north Phoenix. The city of Phoenix is&hellip;\n","protected":false},"author":3,"featured_media":174921,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5131],"tags":[5229,5643,1587,1589,67,586,132,5230,68,2969],"class_list":{"0":"post-174920","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-phoenix","8":"tag-america","9":"tag-arizona","10":"tag-az","11":"tag-phoenix","12":"tag-united-states","13":"tag-united-states-of-america","14":"tag-unitedstates","15":"tag-unitedstatesofamerica","16":"tag-us","17":"tag-usa"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/115090701931876078","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/174920","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=174920"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/174920\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/174921"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=174920"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=174920"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=174920"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}