American City and County: Phoenix officials are unloading city-owned properties to generate revenue, cut costs and alleviate concerns about its land management practices.
An internal review found that the city doesn’t need at least 656 properties or land parcels it owns, the Arizona Republic reports. Additionally, a 2016 Republic report found that the city owns about 1,400 vacant properties that cover 2.3 square miles.
“The city has sat with this plethora of land since point of beginning and it’s just grown like mold," retired real estate agent Greta Rogers told the Phoenix city council, per the Republic. "I’m glad we’re finally addressing this situation."
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