{"id":397047,"date":"2025-11-22T14:05:13","date_gmt":"2025-11-22T14:05:13","guid":{"rendered":"https:\/\/www.europesays.com\/us\/397047\/"},"modified":"2025-11-22T14:05:13","modified_gmt":"2025-11-22T14:05:13","slug":"phoenix-wins-land-auction-for-159-acres-near-tsmc-campus","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/397047\/","title":{"rendered":"Phoenix wins land auction for 159 acres near TSMC campus"},"content":{"rendered":"

The city of Phoenix was the only bidder as it won an Arizona State Land Department auction Nov. 19 for 158.7 acres in north Phoenix.<\/p>\n

It\u2019s paying $11.9 million for the site, which is situated north of Sandra Day O\u2019Connor High School, off the I-17 freeway and Jomax Road.<\/p>\n

The city\u2019s Parks and Recreation Department submitted the original application for the land, planning to purchase it for a new mountain preserve and hiking trail.<\/p>\n

Despite being in north Phoenix, where a variety of major new developments are currently underway, no homebuilders ended up bidding on the site. Documents submitted with the Arizona State Land Department originally suggested a builder could likely swoop in.<\/p>\n

This story is posted in partnership with Phoenix Business Journal. Click to read the full story<\/a>.<\/p>\n

We want to hear from you.<\/p>\n

Have a story idea or tip? Pass it along to the KTAR News team here<\/a>.<\/p>\n

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