The city of Peoria is selling 10 acres in the Peoria Innovation Core to Arizona Public Service Co. where the utility company will put a future substation and easements to support high voltage infrastructure.
The parcel is east of 96th Avenue and south of the Central Arizona Project canal within Core 2 of the Innovatin Core.
Because of the constraints of existing utilities adjacent to Lake Pleasant Parkway, APS requested to buy the parcel, and on June 16, Peoria City Council approved a purchase agreement for the utility company to buy the parcel for $6.2 million.
