Phoenix-Area Rezoning Paves Way for Megaproject

Article originally posted on Commercial Property Executive on April 14, 2026

Developers are eyeing a 2,300-acre regional industrial hub.

The Buckeye City Council has approved the rezoning of a 2,271-acre site, allowing for the development of Grand View Arizona, a rail-served regional industrial hub with complementary commercial, single-family and multifamily uses.

Grand View Buckeye LLC and Verrado 310 LLC own the land. The two entities are linked to the Vanderwey family, according to the Phoenix Business Journal.

An earlier proposal for the master-planned project called for 19.4 million square feet of nonresidential development, which could be expanded to a maximum of 30.8 million square feet. The residential component may reach as many as 6,500 dwellings.

The nonresidential space may accommodate light and limited heavy industrial uses, including manufacturing, logistics, data centers and aerospace development. Additional commercial components may include retail, restaurant and office space. The landowners are seeking “mega users” that could develop the entire site. JLL is handling marketing.

Bounded by Broadway Road to the north, Jackrabbit Trail to the east, MC 85 to the south and Dean Road to the west, the site is less than 4 miles from Interstate 10. Downtown Phoenix is about 30 miles east.

Buckeye’s expansion and its drivers

Ranking as the largest Arizona city by land area, Buckeye is among the fastest-growing U.S. cities, with an annual population growth rate of 4.3 percent. The area also attracted major companies, including Amazon and Ross, which operate distribution centers of 1.5 million and 1.7 million square feet, respectively.

Local incentives help sustain this momentum through foreign trade zone designations, which reduce real and personal property taxes by 72 percent while providing manufacturing sales tax exemptions. Buckeye is the only city in Arizona to enact such measures.