By Angela Gonzales – Senior Reporter, Phoenix Business Journal | Jan 16, 2019
Jerry Colangelo — former owner of the Phoenix Suns and Arizona Diamondbacks — is known for thinking big.
So it’s no surprise he’s planning a 37,000-acre master-planned community in the West Valley that will include 119,000 homes and 59 million square feet of commercial and retail space. He estimates the project will cost $8 billion to $10 billion to develop over the next 25 years and become home to 300,000 residents.
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