A new industrial park recently gained certification by the Arizona Commerce Authority. The certification will help the new commerce center attract additional businesses to join in the commercial development.
Maricopa is an area with great potential for building and redevelopment. Investors who are constantly on the lookout for a new venture are often entering into development agreements to redo existing buildings, work on road construction, additions and redevelopment. Since there are so many legal hurdles that have to be dealt with, it's important to have all the various factors organized before moving forward in any project.
Many Arizona residents may have heard about a new Indian casino in the early stages of development to be built in the West Valley near Glendale. The project has come under fire, with many saying the Tohono O'odham nation should not be able to build the casino resort on land that is not incorporated into the nation's reservation. Three Arizona lawmakers have now joined the fight to prevent the project from going forward. The House has already passed a bill disallowing Indian nations from building gaming establishments on unincorporated land. Senators John McCain and Jeff Flake have introduced a similar bill in the Senate.
Those who are considering developing property in Phoenix or any other city in Arizona must be aware of the legal complexities that might arise. Developers may face issues related to land acquisition, zoning, and development agreements. Yet, even when one thinks he or she knows all the rules and regulations that apply to his or her situation, things can change quickly, threatening to put their development dreams on hold.
States and communities often plan and expand to benefit those residing in the area. A commercial development not only seeks to target the needs of the area but those who will travel through or could benefit on the specific location of a business. In some situation, a development could set the foundation for advancement and could even benefit others on a national scale.