Arizona Land Consulting Closes on Latest Addition to Buckeye's New "Sustainable Valley"
Arizona Land Consulting, the Valley's leading, female-owned land consulting firm, announced today the closing of a 67-acre property near the Buckeye KOREPlex facility. The $8.3 million deal was the next step in creating what is known as the Sustainable Valley, an area to be used to attract KORE Power suppliers and other green energy companies.
Arizona Land Consulting CEO and founder, Anita Verma-Lallian, consulted a 1031 exchange investor on a 22-acre, $2.5 million purchase in July 2021. In October, she assisted two separate investor groups in additional land purchases: 67-acres for $6 million and 45 acres for $4 million. Arizona Land Consulting closed on the fourth property just last week, bought with another group of investors, culminating in a $20 million dollar deal and 200 acres now known as the Sustainable Valley.
"It has been incredible to see this area grow and unveil the potential it has for green energy," said Verma-Lallian. "We are also proud to be able to give more employment opportunities to the Buckeye community while supporting sustainable living."
The property is located in one of the Valley's most important employment corridors in one of the fastest growing cities in Arizona. Bringing a sustainable company to Buckeye will create multiple job opportunities for the boom of residents. Having a large employer move into the city means less of a commute, creating a more sustainable, affordable and convenient lifestyle.
"This incredible announcement is not only a win for Buckeye and our residents, but a win for the region and the entire state of Arizona," said Buckeye Mayor Eric Orsborn. "The Sustainable Valley is the future of industrial development with cutting edge technology that will secure Buckeye's future as a leader in green energy."
The Sustainable Valley, combined with KOREPlex, will encompass more than 400 acres, with 214 acres utilized for KOREplex, the first lithium-ion battery manufacturing facility owned by a U.S. company. KORE Power is planning to break ground early in 2022.
"KORE Power is eager to help establish the U.S. supply chain for lithium-ion batteries through the Sustainable Valley," said Lindsay Gorrill, Co-founder and CEO of KORE Power. "The Sustainable Valley will be the first showcase of a clean energy supply chain hub. We will continue to promote education and industrial training with the local universities and colleges to further our success, and we urge others to take the same path when building up their facilities."
For more information about Arizona Land Consulting, please visit https://arizonalandconsulting.com/