State trust lands are among the greatest public assets in Arizona’s portfolio. Set aside at statehood, the Arizona State Land Department manages more than 9 million acres of trust lands on behalf of 14 beneficiaries. The largest of which by far is Arizona Public Education K through 12.The mission of the Land Department is to maximize revenues from these trust lands. In FY 2005, state trust lands generated $115 million for all beneficiaries, of which $101 million was designated to support public K-12 schools.These amounts are increasing rapidly as more state trust land becomes attractive for development in Arizona’s urban areas.

The parcel discussed in this report, “Superstition Vistas,” stands out as the jewel among Arizona’s trust lands. Not only is it situated in the path of metro Phoenix growth, but it also borders thousands of acres of public land managed by the Tonto National Forest and U.S. Bureau of Land Management. Estimates of its total value run well into the billions of dollars.

"The Treasure of the Superstitions" sets the stage for a continuing dialogue about the potential for Superstition Vistas, and indeed, all of Arizona’s trust lands. We look forward to listening to and working with our beneficiaries, citizens, counties, municipalities, real estate businesses, and other interested parties to make the most of Arizona’s “treasure.”

The Phoenix metropolitan area is known worldwide for the rapid and continuous expansion of its population, economy, and development of desert land. Even during recessionary periods, it has continued to grow. Leaders in other metropolitan areas envy this achievement and the many benefits it has created for Valley residents. But some members of our region, both leaders and lay people alike, consider the Valley’s phenomenal growth to be a mixed blessing. Indeed, they would say we are plagued by success. The purpose of this brief paper is to create a framework for discussion of how our region’s future growth can embody quality. It is not intended to be a comprehensive Morrison Institute for Public Policy treatment of the myriad issues of urban growth. Because of this paper’s brevity, some important details about growth are not included. Fortunately, detailed studies of the Valley’s growth have been done before (e.g., by Gruen Associates/Maricopa Association of Governments in 1975 and the Morrison Institute in 1988). Instead, this paper identifies key concepts and suggests questions to be used as a point of departure for steering a future course.

Fast Growth in Metropolitan Phoenix is the first product of a comprehensive effort to describe and analyze the region’s growth. The Brookings Institution Center on Urban and Metropolitan Policy in Washington, D.C. presented the opportunity for this project to Morrison Institute for Public Policy. The story of growth in metropolitan Phoenix is a complicated, often surprising, tale. There is much to be proud of in the region. Yet there is also much to worry about, and much that needs to be done. Hits and Misses will have been successful if it becomes a catalyst for getting started.