The planned overpass will require the acquisition of private and public property in the Heritage District. ADOT photo

ADOT Makes an Offer

The Arizona Department of Transportation recently submitted offers to city officials to purchase four city-owned properties slated for demolition in preparation for the State Route 347 overpass. With the exception of one small segment of an MUSD parking lot, most city and county-owned properties have been offered between $16 and $18 a square foot, while privately owned properties could receive as little as $9 a square foot. These figures, according to ADOT documents, were the “result of a review and analysis of an appraisal made by a certified real estate appraiser.”

overpass-property-values-graph

The ADOT offers are on the consent agenda at the regular meeting of the Maricopa City Council tonight at 7 p.m. at City Hall.