This EDA investment supports the city of maricopa, pinal county, and the university of arizona with conducting a feasibility study, to evaluate the highest and best regional use for the 2,100-acre…

This $500,000 project grant from the Department of Commerce Economic Development Administration's Economic Adjustment Assistance program (CFDA 11.307) will fund a feasibility study for the highest and best regional use of a 2,100-acre state asset in Maricopa, Arizona. The City of Maricopa, Pinal County, and the University of Arizona will conduct the study to help establish a vision, determine the viability of creating thousands of jobs through a technology park model anchored by the Arizona Experiment Station, and research needed training and education opportunities. Plans and studies from this May 2022-awarded project will position state and regional planning commissions to support economic recovery from the coronavirus pandemic impacts through sustainable growth initiatives. The award will deliver a completed feasibility and economic development plan by January 2024 to strengthen regional resiliency in Maricopa County.

This EDA investment supports the city of maricopa, pinal county, and the university of arizona with conducting a feasibility study, to evaluate the highest and best regional use for the 2,100-acre arizona board of regents asset. The study will serve as the decision-making tool to help the community establish a vision for the future, determine the viability of creating thousands of jobs in a proven tech park model with the uniqueness of the arizona experiment station as the anchor, and research what training and educational opportunities are needed for the region to thrive. The plans and studies developed through this project will position the state and its regional planning commissions to have the best possible data and tools to support their efforts with regional recovery from the impacts of the coronavirus pandemic. Once completed, the plan will lead to sustainable economic growth to help strengthen and advance economic resiliency throughout the region.