Phoenix estate sellers will have a new ally as the nation’s largest city prepares to mark its centennial on May 3.
The city’s first city-run auction will begin at the Phoenix Convention Center on Sunday, June 18 at noon.
It will include nearly 50,000 lots of historic, valuable and unique property.
The Phoenix City Council has decided that, starting on May 1, the first auction will include the entire city of Phoenix.
More:Phoenix Mayor Greg Stanton announced the city will be holding the auction to mark the centennial of the city’s historic downtown.
The Phoenix City Hall will host the auction and the bidding will take place on a first-come, first-served basis.
The first five lots will be sold first to the public and the remaining five to selected individuals.
The sale of the remaining lots to the highest bidder will be announced on June 18.
If a buyer does not pay within 30 days of auction completion, the property will be returned to the City of Phoenix and the proceeds will be used to fund a project that will create jobs and revitalize the downtown.
Phoenix is in the middle of the largest redevelopment effort in its history.
The downtown will be turned into an arts district with a new Phoenix Arts Commission.
The commission will help fund the redevelopment, with $15 million being earmarked to create a new arts center and a new art museum.
The redevelopment will also include the relocation of the Phoenix Children’s Museum and a public art gallery.
The City Council approved the sale of all of the land to the city in December.
This includes about half of the property along Broadway, which will become the City Hall and the first part of the Civic Center district.
Phoenix’s largest block of historic property is located at 1325 Broadway.
The property includes the former home of the World’s Fair of 1893 and the Phoenix Theatre and Art Museum.
The auction will be held at the downtown Phoenix Convention and Convention Center.
Phoenix Mayor Mike Hancock announced that the auction would be open to the general public.
“This is an historic city.
It is a place of incredible cultural diversity and extraordinary diversity of people and ideas,” Hancock said.
“We hope to showcase the most valuable and rarest of Phoenix’s treasures and assets to the world.
This is a once in a lifetime opportunity for a city to bid on an asset that belongs to its people.
It’s a once-in-a-lifetime opportunity for everyone to participate.”