Michael Lafferty wants to bring $70M workforce housing development to Pinal
by Mike Sunnucks | Rose Law Group Reporter
A Google Maps aerial that shows the City of Coolidge along with the 87, along which Lafferty owns 20 acres
Developer Michael Lafferty is looking to bring a new $70 million workforce housing development to Pinal County.
“I have 20 acres on Highway 87,” said Lafferty, who is president of Phoenix-based Lafferty Development.
The project could total 600 units and is aimed at proving affordable housing for workers at the planned $1 billion Nikola hydrogen and electric truck plant in Coolidge, Lucid Motors planned $700 million electric car plant in Casa Grande and other job-producing projects in fast growing Pinal County.
Rents at the planned Pinal apartments will be $1.25 per square foot, Lafferty said.
