Sunday, December 28, 2014

Phoenix sells historic Barrister Place building downtown

The historic Barrister Place building in downtown Phoenix is a structure with significance, from its 1915 opening as the tallest building in the state to its cameo as a backdrop in the opening of the 1960 horror flick "Psycho."

Now, city leaders say the building will play a key role in the transformation of the city's once-sleepy urban core, bringing new residents and retail space downtown.

Read more...  http://www.azcentral.com/story/news/local/phoenix/2014/12/27/phoenix-sells-historic-barrister-place-building-downtown/20955899/

Monday, December 22, 2014

Valley renters, get ready for payments to go up

Anyone renewing a lease for a house, condominium or apartment in metro Phoenix likely will be facing a higher monthly payment.

Home prices are stable if not down a bit in the Valley, but rents are on the rise.

Read more...  http://www.azcentral.com/story/money/real-estate/catherine-reagor/2014/12/12/valley-renters-get-ready-payments-go/20331393/

Frank Lloyd Wright house plans concern Phoenix neighbors

The empty house on Exeter Boulevard in Arcadia sleeps in the shadow of Camelback Mountain, surrounded by about 5 acres of sprawling land dotted with olive trees and an immaculate lawn.

Designed by Frank Lloyd Wright for his son, the circular David and Gladys Wright House stands like a sculpture, the mountain a still backdrop.

Read more...  http://www.azcentral.com/story/news/local/phoenix/2014/12/15/phoenix-frank-lloyd-wright-house-plans-concern-neighbors/20438099/

Changes to Gateway Airport loan could cost Mesa $75 million

A proposal to essentially forgive nearly $75 million in Mesa loans to Phoenix-Mesa Gateway Airport is proving a tough sell at the council dais, with some officials arguing the move would be a betrayal of the public's trust.

For years, Mesa mayors and council members have promised constituents the city's investments in Gateway eventually would be paid back. Now, both airport and city staff say a failure to recharacterize decades of loans from the airport authority's six member agencies as contributions would decimate any chance the airport has to thrive on its own.

Read more... http://www.azcentral.com/story/news/local/mesa/2014/12/10/mesa-75-million-loan-agreement-phoenix-mesa-gateway-airport/20193087/?from=global&sessionKey=&autologin=

Wednesday, December 10, 2014

Phoenix's High Street adds 11 more tenants

The High Street mixed-use development is adding 11 new tenants in the first quarter of the new year.

Heading the list is Sprouts Farmers Market's corporate headquarters, which will take up three floors of office space. Among the other new retail, office, restaurant and service tenants are a Sprouts store, a barbershop, a vacation rental company and tea shop.

Tenants are slated to open during the first quarter of 2015  at the development, which is at Loop 101 and Arizona 51 in northeast Phoenix.Formerly called CityCenter of CityNorth, the 628,000-square-foot development struggled during the recession. 

It was purchased in April 2013 by Portland-based real estate merchant banking firm ScanlanKemperBard Companies and Wayzata Investment Partners.

Read more... http://azc.cc/1D0hS3Q

Saturday, December 6, 2014

Site of another Chandler eyesore will see new life

A portion of a blighted north Chandler corner, where a movie theater and grocery store once operated, will see new life with the construction of a new apartment community.

City officials are advancing a zoning change that will allow the construction on a 15-acre parcel at the northeast corner of Warner road and Grace Boulevard, just west of Arizona Avenue. The property once was home to a Food 4 Less store that later became a swap mart. A movie theater once was tucked further back on the site. A self-serve car wash is at the south end of the property.

Read more...  http://www.azcentral.com/story/news/local/chandler/2014/12/05/site-another-chandler-eyesore-will-see-new-life/19919399/

Houses to replace Greasewood Flat, Pinnacle Peak Patio

Housing developments will replace two iconic Western haunts in north Scottsdale, under changes the City Council approved this week.

The land where Greasewood Flat and Pinnacle Peak Patio operate in north Scottsdale was sold to developers for new home sites. The establishments will remain open for the time being, and owners have said they want to relocate.

Read more...  http://www.azcentral.com/story/news/local/scottsdale/2014/12/02/houses-will-replace-greasewood-flat-pinnacle-peak-patio-scottsdale/19794471/

Raintree project in Scottsdale Airpark could start in 2016

Construction on a $39 million project to improve traffic flow in the Scottsdale Airpark could begin in 2016, two years later than earlier estimates.

The Raintree Drive extension project will forge a better and more direct connection along Raintree between Scottsdale Road and Loop 101, project officials said.

Read more...  http://www.azcentral.com/story/news/local/scottsdale/2014/12/02/raintree-drive-extension-scottsdale-airpark-start/19778935/

Tempe council OKs redevelopment of Hayden Flour Mill

Tempe's last council meeting of 2014 set the tone for new beginnings, as residents heralded changes to the city's development controls and two iconic Valley landmarks inched closer to redevelopment.

Read more...  http://www.azcentral.com/story/news/local/tempe/2014/12/05/tempe-council-oks-redevelopment-hayden-flour-mill/19969335/

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