Aerial view illustrating the transformation of Buckeye with emerging tech facilities and infrastructure changes.
Buckeye, Arizona, is undergoing a significant transformation in its real estate sector, driven by Arizona Land Consulting’s acquisition of over 150 acres for $21.7 million. This development, combined with the establishment of a large data center project by Tract, is set to elevate Buckeye’s status as a tech hub, enhance the local economy, and create numerous job opportunities. The anticipated valuation of these projects could climb as high as $1.5 billion, promising a bright future for the community.
Buckeye, Arizona is buzzing with activity after a major shake-up in its real estate landscape. Arizona Land Consulting is stepping up its game by expanding its footprint in the area, particularly near the Buckeye Municipal Airport, which is set to become a real hub of technology and innovation.
The firm has just made a splash by acquiring over 150 acres for a cool $21.7 million. This recent purchase comes on the heels of an impressive land sale to a Denver-based data center developer known as Tract. Tract didn’t hold back either—they just acquired a whopping 2,100 acres for their upcoming data center project, shelling out more than $136 million in the process.
So why all the fuss? Well, the newly acquired land is expected to be a game changer. The potential valuation for this project could skyrocket to somewhere between $1 billion and $1.5 billion once it’s fully developed. This growth aligns perfectly with Buckeye’s vision of becoming a thriving tech hub, boosting the local economy and creating jobs.
Arizona Land Consulting is keen on leading the charge for the development of this newly acquired site. There’s already talk of starting construction in the coming years as plans are finalized for how the land will be put to use. Meanwhile, Tract’s data center project is expected to become one of the largest facilities of its kind on the entire West Coast, with a jaw-dropping investment of about $20 billion.
This ambitious data center project is earmarked to support 1.8 gigawatts of power and will feature up to 40 data center facilities spread across an astonishing 20 million square feet. Originally, this land was slated for a master-planned residential community, which would have welcomed almost 10,000 homes. Instead, Buckeye officials are eager to embrace the shift towards a tech-driven future.
With the recent withdrawal of KORE Power’s $1 billion factory plans, Buckeye is actively seeking replacements to ensure continued economic growth. The city’s economic development director has highlighted the importance of carefully planned data center development, ensuring that these projects align with the broader strategic needs of the local area.
The new data center park is not just about profits; it’s poised to contribute to regional water management efforts and bolster local safety infrastructure and street networks. As Buckeye Municipal Airport aims to transform into a major employment hub, the integration of these tech facilities is a step in the right direction.
Walking around Buckeye, you can feel the shift towards a more industrial and tech-oriented community. The area around Buckeye is now recognized as an employment zone, particularly along State Route 85, and is already witnessing significant industrial development. Residents can look forward to a change in zoning from residential to light industrial, which means less water demand and better compatibility with existing infrastructure.
As Tract gears up to develop facilities that will attract employers, the vision is clear: Buckeye is set to strengthen its technological ecosystem, providing opportunities for both local residents and prospective newcomers. With the advancements underway, Buckeye is positioning itself as a desirable destination for both work and play!
Stay tuned, Buckeye—big things are on the horizon!
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