Town OKs pre-annexation agreement for property in Pinal County
by Queen Creek Independent
A rendering of the proposed development area on the northwest corner of Ironwood and Ocotillo roads in Pinal County. via Queen Creek Independent
A pre-annexation and development agreement between the town of Queen Creek and CBDG Ironwood LLC for 18.49 acres at the northwest corner of Ironwood and Ocotillo roads was approved earlier this month.
Town officials desire that the property, in unincorporated Pinal County, be annexed into the corporate limits of the town and be developed as an approximately 120,000-square-foot grocery-store-anchored retail center.
The Queen Creek Town Council on Feb. 7 unanimously approved in a consent agenda the agreement with CBDG Ironwood LLC, 4455 E. Camelback Road Suite D-255 in Phoenix, that includes direct reimbursable allowances and credits that, if fully utilized, total $1,350,000 to the benefit of the property owner, according to paperwork with the agenda at http://www.queencreek.org.
