Through the kindness and generosity of seven major Arizona foundations and countless individual donors, our land purchase has been successful!
Read the full press release here.
THANK YOU TO ALL WHO DONATED AND HELPED US TO REACH OUR GOAL!
Our Cornerstone the Future of ARCH project aimed to secure the purchase of the 5 acres of property that ARCH used to lease from the City of Phoenix. Although ARCH owned its buildings, the land at our Colter Street site has been leased from the City of Phoenix since 1986 for a nominal fee per month. In June 2015 we were informed that the terms of our lease could be renewed, but we would see an increase in rent to almost $6,000 a month. After much negotiation, the City of Phoenix gave us the opportunity to purchase the property for the appraised value of $940,000.Read the full press release here.
Thank you to everyone who donated and to the following foundations: