Wednesday, May 19, 2021 / by Juan Grimaldo
500-acre northern Arizona land parcel in escrow for 1,000 homes, theme park
Developers in escrow for a 500-acre parcel of private land in northern Arizona are planning to build at least 1,000 homes and are in talks to create a theme park.
Total development costs for the entire project are estimated at around $500 million, said Brent Moser, principal of Lee & Associates Commercial Real Estate Services in Phoenix.
This parcel near Bearizona Wildlife Park and Grand Canyon Railway & Hotel in Williams could be the last parcel of private land in northern Arizona, Moser said.
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By Angela Gonzalez, Senior Reporter - Phoenix Business Journal