One of the last large tracts of undeveloped land in Ahwatukee â and the only remaining parcel of State Trust Land here â is headed for the auction block as early as spring.
The State Land Department is anticipating auctioning 373 acres of State Trust Land along the south side of Chandler Boulevard between 19th and 27th avenues and extending south to the South Mountain Freeway.
Home builders already are priming for the auction, which likely will begin within 10 to 12 weeks with a sale completed by mid-summer.
The starting price for the land has already been set at $105 million, according to Mark Edelman, the Land Departmentâs director of planning and Engineering for the Arizona state land Department.