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Developers hedging bets with projects on Indian land.(Brief Article)

The Business Journal - Serving Phoenix & the Valley of the Sun

| January 28, 2000 | PADGETT, MIKE | COPYRIGHT 1989 Phoenix Business Journal, Inc. (Hide copyright information)Copyright

Gambling that growth restrictions will be approved for Arizona this year, commercial developers are lining up to start more projects on Indian lands.

And the Native American communities -- recognizing their federal lands will be immune from proposed state rules -- are opening their doors.

The result, industry experts say, could shift development from the Valley's cities to the Indian lands, giving the Native American communities a more important role in the region's growth.

"They are going to be a force to be reckoned with," said Stan Strom, a partner with Mills-Strom Partners Inc., a commercial real estate development and brokerage firm.

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