Land Release: Who Qualifies and How to Apply

The City of Phoenix has released 100 acres of land for development in the downtown area, with applications now open for interested parties. This land release is part of the city's efforts to stimulate growth and investment in the area, and is expected to attract a range of developers and businesses.

The land release program is significant because it comes at a time when the city is experiencing a surge in demand for housing and commercial space. With the population of Phoenix expected to grow by 10% over the next five years, the need for new development is critical. The city's planning department has identified key areas for growth, including the Roosevelt Row Arts District and the Warehouse District, and is encouraging developers to submit proposals for projects that will enhance these areas.

Local Opportunities

In Phoenix, the land release program is being managed by the City's Planning and Development Department, in partnership with the Phoenix Community Development Corporation. The program is focused on releasing land in areas that are already serviced by infrastructure, such as water and sewerage, and that are close to public transportation hubs, like the Valley Metro Light Rail. Specific locations include the area around 7th Street and Roosevelt, where a new mixed-use development is planned, and the stretch of Washington Street between 3rd Avenue and 5th Avenue, where a number of new office buildings are being constructed.

According to data from the City of Phoenix, the average price of land in the downtown area is currently around $200 per square foot, although this can vary depending on the location and zoning. Since the start of the year, the city has received over 500 inquiries from developers and businesses interested in purchasing land, and a number of major projects are already underway, including the construction of a new 20-story office tower at 1st Avenue and Jefferson Street. As of June 2026, the city has approved 15 new development projects, with a total value of $1.2 billion.

For those interested in applying for the land release program, the city has established a number of eligibility criteria, including a requirement that developers demonstrate a track record of successful projects in the Phoenix area. Applications must be submitted online, and will be assessed on a range of factors, including the proposed use of the land, the design and quality of the development, and the potential economic benefits to the city. The deadline for applications is September 30, 2026, and successful applicants will be notified by the end of the year.