Title
Acquisition of Vacant Land in Spark Area 2 Located at 627 S. 9th Place - District 8
Description
Request the Economic Development and the Arts Subcommittee recommend City Council approval to acquire all rights, title, and interest to vacant real property located at 627 S. 9th Place within the City's appraised value plus usual and customary closing costs. Acquisition is to be by voluntary purchase from Michele N Chavez Trust. Funding is available through the City's 2023 General Obligation Bond program.
THIS ITEM IS FOR CONSENT ACTION.
Report
Summary
Phoenix Sky Harbor International Airport’s Land Reuse Strategy (LRS) was developed in 2017 to address the reuse and redevelopment of fragmented City-owned parcels acquired through the Community Noise Reduction Program, located roughly between 7th and 16th streets, Washington Street and University Drive. LRS identified three Spark Areas with Spark Area 2 and its City-owned parcels generally located northeast of the corner of 7th Street and Buckeye Road. In 2023, the City sought General Obligation Bond funds for LRS Spark Area 2 Land Acquisitions project. This project will fund the acquisition of private parcels, as they become available, to fill in ownership gaps and facilitate redevelopment in this area.
A number of City departments, led by the Aviation Department, conducted community participation sessions over a two-year period. The Aviation LRS plan was the outcome of this community collaboration. In order to execute on the LRS, additional sites will need to be acquired in order to ensure the contiguous properties needed to develop the plan. The contiguous properties would then move forward through the Request for Proposals process at the City Council's approval.
The property to be acquired is strategically located within the LRS’s Spark Area 2. The property consists of one vacant parcel and is approximately 4,370 square feet owned by Michele N Chavez Trust (Owner). The Owner agreed to voluntarily sell the real property to the City for appraised value. The purchase agreement will contain terms and conditions deemed necessary or appropriate.
The parcels to be acquired are located at 627 S. 9th Place, identified by Maricopa County Assessor's parcel number 116-37-041.
Financial Impact
Funding is available through the City's 2023 General Obligation Bond Program's Spark Area Land Acquisition project.
Location
627 S. 9th Place
Council District: 8
Department
Responsible Department
This item is submitted by Assistant City Manager Ginger Spencer and the Community and Economic Development Department.