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Not-for-Profit Group Acquires Laveen Village, Arizona, Land for Power Infrastructure Development

Leon Capital Group Sells More Than 96 Acres to Salt River Project for $46.3 Million
Salt River Project's service center is in Tolleson, Arizona. The organization aims to provide affordable water and power to people in central Arizona. (CoStar)
Salt River Project's service center is in Tolleson, Arizona. The organization aims to provide affordable water and power to people in central Arizona. (CoStar)
By Will Alewine
CoStar Research
May 2, 2024 | 9:09 P.M.

Salt River Project Agricultural Improvement and Power District has purchased more than 96 acres in Laveen Village in Arizona for $46.3 million, or $479,444 per acre, from Leon Capital Group.

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