The University of Arizona has announced plans to transform a 2,100-acre agricultural research property in Maricopa into an innovation center. The project will include a 300-acre research and technology park, as well as a satellite education campus and 600 acres of mixed-use commercial buildings such as a town center, hospital, housing, retail stores and hotels.
According to the university’s estimates, this development could generate an annual economic output of $4 billion. It is also expected to create tens of thousands of jobs and bring in $74 million in tax revenue within the first five years. To support this project, the U.S. Economic Development Administration has provided a grant worth $400
