Arizona Housing Growth Tees Up Opportunity For Water Investors
by Bret Jaspers | KJZZ
The Colorado River, just south of the Hoover Dam/Pinal Partnership
Central Arizona has been booming — more people, more houses, more need for water. There’s also a long-term drought, and less water to buy from the Central Arizona Project canal system . It’s leading Phoenix exurbs to cast about, looking for new buckets.
Other regions of the state say: don’t come here.
“They want to come and take from the rural counties, which is completely wrong, in my opinion,” said Holly Irwin, a county supervisor in La Paz County, in far-west Arizona. Her district is where the Colorado River runs along lush irrigated farmland and small towns.
