I-10 Frontage
Casa Grande, AZ 85193
Centerpoint of the Southwest · Land For Sale · 1,318.00 AC

Located at the foothills of Casa Grande Mountain is the 1,319± gross-acre (1,209± net acres) offering located between Phoenix and Tucson at the convergence of I-8 and I-10 freeways, which provides the transportation routes for a population base of 40 million people within a one-day's drive. Demographically, the property is located in the Arizona Sun Corridor, one of 11 Megaregions in the U.S. that, collectively, 70% of the nation's population is projected to reside and work by 2025. The property is located 4 miles from the future Lucid Motors Electric Car Plant and 10 miles from the future Nikola Motors Hydrogen/Electric Truck Plant with vehicle deliveries anticipated in 2020 and 2021, respectively. The north parcel is currently zoned for a destination resort theme park (Resort Commercial zoning) with a city development agreement that includes $124 million in sales tax rebates. The south parcel consists mostly of a master planned residential community along with an area for a hotel and technology park. The north parcel was previously zoned for Commerce Park (including industrial uses) which can be re-zoned through a fast track program with the City of Casa Grande. See the Property Website and PAD links below. The property owner holds an Analysis of Assured Water (AAWS) from the Arizona Department of Water Resources since 2008 for 5,748 acre-feet of water per year (1,872,994,000 gallons/year), which is extended through July 7, 2023. The AAWS is issued as a determination that the underground water basin is physically and continuously available.