Newsroom
Talk of the Town-Setting the Record Straight
Gisi: Proposed AED annexation of a portion of the Granite Dells – Setting the record straight With great land comes great responsibility. AED understands this very well and looks forward to the opportunity to develop our private property in a sensitive and thoughtful...
Prescott among ‘happiest and healthiest’ U.S. communities, according to Time Magazine
The following article was published by The Daily Courier on March 9th, 2017. Prescott has been designated one of the “happiest and healthiest cities in America,” – the only Arizona city in the top 20. In a March 7 article, Time Magazine reported that the list is based...
Central Arizona Real Estate Market Value Trends and their Link to Water Value
Recently, 4.22 acres of fully improved Industrial Land sold in Centerpointe East, the most well located industrial land available in the City of Prescott and maybe Yavapai County, for $470,000, which equates to $2.55/square foot. The land was purchased by an outdoor...
A Fresh Perspective on Water and Responsible Growth
The following article was written by Anessa Andrews. http://www.prescottenews.com/index.php/features/columnists/item/28094-a-fresh-perspective-on-water-and-responsible-growth 25 July 2016 Anessa Andrews A Fresh Perspective on Water and Responsible Growth With growth...
“Space to Grow: What are the Options?” Daily Courier article written by Max Efrein
As far as room to grow is concerned, Prescott does face some unique challenges. One is geography. “You bump into physical boundaries, such as national forest,” said Prescott’s City Planning Manager George Worley. “South and West of Prescott, we’ve pretty much bumped...
PRESCOTT VALLEY WAS VERY SMART TO SELL ITS EFFLUENT WATER IN 2007: IT’S WORTH LESS TODAY!
In previous postings on this blog, I’ve tried to show that the market price of water (shown by water extinguishment credit sales) in the Tri-City area has actually gone down over the last ten years. At peak, Water Extinguishment credits in the area were trading at...
Water Assets and why they are Important
Below is a recent set of observations / commentary written by AED’s CEO; Jason Gisi, in late September regarding AED’s current extinguishment credit water portfolio. It is offered in response to questions that have been posed to the company locally; we thought it...
Arizona Eco Development Acquires Additional Water Rights in Prescott AMA
Prescott, Arizona – Arizona Eco Development, LLC (AED) announced today that it has acquired an additional 40 Acre Feet of Extinguishment Credit water, adding to the company’s existing water portfolio. With an estimated yield/acre foot of 4 to 5 residential dwelling...
Arizona Eco acquires Water Rights in Prescott AMA at 40% of 2007 Price
Transaction Creates First Serious Comp on Prescott Water Credits since Great Recession Prescott, Arizona – Arizona Eco Development, LLC (AED) announced today that it has acquired approximately 100 Acre Feet of Extinguishment Credit water over the last year. This...
Development today not your 1990s PAD
In Monday's Courier we told you about developer Jason Gisi's project and his desire to add nearly 2,500 acres to the City of Prescott's General Plan.His project, which would consist of 2,471 acres of land formerly known as the Cavan tract (northeast Prescott, with...
Developer seeks inclusion of 2,500 acres into Prescott general plan
A proposal for adding nearly 2,500 acres of undeveloped ranchland into Prescott city limits was the latest entry into the City of Prescott's General Plan update discussion. Local developer Jason Gisii took the preliminary details for the annexation and rezoning to the...