Microsoft co-founder Bill Gates has reportedly made a significant land purchase in the West Valley of Arizona, acquiring approximately 20,000 acres for $80 million. This acquisition is seen as a potential catalyst for major development in the area, including residential units, businesses, and commercial spaces. The purchase is viewed positively by some local residents and land development professionals, who anticipate substantial growth and the creation of a “city of the future” within the next five to ten years. Comparatively, the purchased acreage is roughly equivalent in size to the city of Tempe.
