Business View Civil and Municipal | Volume 3, Issue 3

41 CIVIL AND MUNICIPAL VOLUME 3, ISSUE 3 Arizona’s growth is exciting to watch- from an accelerating population, to economic development, the transformation within the state is undeniable. The national spotlight extending from Maricopa County to other growing counties within the state – such as Pinal County – has placed Arizona further on the radar for various stakeholders in the real estate industry. Walton Global is one of those stakeholders that has been following Arizona growth patterns since the early 2000s and buying land to support economic development and the population spikes in Maricopa County, as well as outlying areas. As a Scottsdale-based land asset manager with 8,793 acres currently under management in Arizona, out of its 98,000-acre portfolio totaling $3.4 billion in North America, Walton is directly invested in Arizona’s future. “About 15 years ago, we could see the potential in Arizona and we decided to purchase land to support the growth,” said Bill Doherty, CEO of Walton Global. “Although development has taken longer than we originally anticipated due to unforeseen challenges, such as the Recession and water supplies, the tremendous effort to create a pro-business environment made by Governor Ducey and agencies, such as the Arizona Commerce Authority, Greater Phoenix Economic Council and the Arizona Technology Council over the past several years, is showing great progress for these suburban communities, in addition to people just wanting to live in Arizona.” Walton is working with its large network of builders and developers to support the development of affordable housing for Arizona residents, as well as growing sectors in the state, such as the industrial sector. The real estate investment company is actively searching for additional land opportunities throughout Arizona in 2022. “We understand water has been and is a challenge for these developing communities, including Coolidge, and we are committed to sit alongside all water stakeholders throughout Arizona to work toward a solution,” said Doherty. Walton currently manages 2,653 acres of land in Coolidge and is supporting the City’s business plans. ...... For more information visit: WALTON.COM