There's nowhere anywhere within Phoenix that offers hundreds of acres of land pre-assembled like this place does, especially not a site near a light rail line. I assume that the people behind this have bought into the notion or whatever eventuality of the Sun Corridor, and in those regards it is centrally located. I, however, am far more skeptical of growth that connects Phoenix and Tucson...precisely because nothing like this exists already. (no reason for a there to be there.)
I am led to believe that this project is a scam or otherwise completely unfunded.
http://azeb5en.weebly.com/
1.) Bullshit website that cost nothing to build, except for maybe the creative for their logo.
2.) Clearly written by a native Arizonan because nobody else would use "legal immigrants" in a context like that.
3.) Written by an Arizonan with no money of his own to build this thing, because the entire audience for the above is hordes of mythical foreign investors that want to buy their citizenship. Finding one would be a stretch, but hundreds? These people are out of their mind.
4.) If the above is what I think it is, and even tho I'm not an SEC lawyer, their funding scheme smells like its completely unaccredited and possibly illegal.
If they had an investor in mind, maybe some random Chinese billionaire, we'd know that person's name already and it'd be very likely this thing would get built.