Global Water Resources signs agreements with City of Coolidge, Saint Holdings
Global Water Resources has signed agreements with the City of Coolidge and Saint Holdings that will result in the company providing water, wastewater, and recycled water service to a large portion of Coolidge's 30 square mile southern planning area located southeast of Phoenix, Arizona. While still subject to Arizona Corporation Commission regulatory approvals, with these agreements Global Water anticipates providing integrated utility service to this area where large-scale economic development projects are underway. This includes the rail-served Inland Port Arizona, a 2,700-acre mega-site under development by Saint Holdings that has been designed to support the manufacturing and distribution needs of incoming businesses. Earlier this year, Saint Holdings sold a 400-acre portion of Inland Port Arizona to Nikola Motor Company, where Nikola plans to construct a 1 million square-foot, world-class manufacturing facility. Global Water plans to provide updates on this major water resource project as it develops and expands over the coming months.