Economic Development and the Arts Subcommittee, January 26, 2026
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
Free sample: decision 1 of 1
Sale of Aviation Noise Land Parcels on Madison Street to Pilgrim's Rest Foundation
Approved sale of three noncontiguous city-owned parcels on Madison Street (Block A of aviation land reuse strategy) to Pilgrim's Rest Foundation Inc. for $450,000, exceeding the April 2024 appraisal of $386,000.
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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