Economic Development and the Arts Subcommittee - 2026-01-26
Approves Sale of Aviation Noise Land Parcels on Madison Street to Pilgrim's Rest Foundation, unanimous
What happened
The Economic Development and the Arts Subcommittee approved the sale of three city-owned aviation noise land parcels on Madison Street to Pilgrim's Rest Foundation Inc. for $450,000, exceeding the $386,000 appraisal.
- Jurisdiction
- Phoenix, AZ
- Governing body
- Final authority
- Date
- January 26, 2026
- Decisions
- 1 zoning decision
- Outcome
- Approved, unanimous
Meeting Summary
The Economic Development and the Arts Subcommittee approved the sale of three city-owned aviation noise land parcels on Madison Street to Pilgrim's Rest Foundation Inc. for $450,000, exceeding the $386,000 appraisal.
Key Decisions (1)
Sale of Aviation Noise Land Parcels on Madison Street to Pilgrim's Rest Foundation
Development Activity (3)
Pilgrim's Rest Campus Expansion
Other
Mixed-Use Development Site on Washington Street
Mixed-Use
Affordable Housing at 1414 East Jefferson Street
Residential
Market Signals (3)
Housing Demand
Affordable housing development in the East Lake Park neighborhood near…
Commercial Demand
Previous RFP for mixed-use development near Sky Harbor Airport received…
Infrastructure
FAA's 2022 Part 163 determination approved disposal or redevelopment of…
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