Redev. RFP Issued for Downtown Regency Garage
By Tasha Anderson for AZBEX The City of Phoenix has issued a Request for Proposals for a firm to redevelop the Regency Parking Garage site at 40 N 2nd Street, downtown. The 41.2KSF site currently houses the Regency Parking Garage, a multi-story structure with commercial space on the ground floor that provides parking for the […]
Baseball Stadium Could Boost CRE Investment
By Richard Sarkis for Reonomy Despite a recent resurgence in form – their 93-69 record was good enough for fifth-best in the Majors last year – the Arizona Diamondbacks have struggled to fill seats at Chase Field. During the D-back’s 81 home games in the 2017 season, average attendance stood at a meager 26,350, just 54.2 […]
PHX Advances Hance Park Revitalization
By Jessica Boehm for The Arizona Republic Phoenix is inching closer to a grand revamp of Margaret T. Hance Park, which sits atop Interstate 10’s Deck Park Tunnel in downtown Phoenix. Hance Park is home to Burton Barr Library, the Japanese Friendship Garden, the Irish Cultural Center and McClelland Irish Library, and the Phoenix Center for the […]
Downtown PHX Light Rail Hub Details
By Tristan Ettleman for The Arizona Republic New light-rail stations connecting the current line with future lines that will go south and west are coming to downtown Phoenix, creating a centralized transfer hub for Valley commuters. The Phoenix City Council last month approved building two additional stations west of Central Avenue on Washington and Jefferson streets, as well […]
PHX Biomed. Campus Expansion Plan Released
By Stephanie Morse for Downtown Devil Early draft plans for the expansion of the Arizona State University Biomedical Campus were unveiled last week. The goal of the expansion is to create a multidisciplinary medical innovation space that not only benefits university students and professors, but also community members. To make sure the spaces are community […]
Phoenix OKs Land Sale for The Fillmore
By Dustin Gardiner for The Arizona Republic Almost two years after Phoenix canceled a downtown land sale over conflict-of-interest concerns involving Councilman Michael Nowakowski, the city finally has agreed to sell the property to a developer. The City Council voted 5-1 last week to approve the terms of the sale. Trammell Crow Co. is the master […]
Backer Pulls Out of ASU Biomedical Center
By Brenna Goth for The Arizona Republic Plans to massively expand Arizona State University’s footprint on the downtown Phoenix Biomedical Campus with the help of a billionaire doctor are off, university officials confirmed Wednesday. ASU no longer is negotiating the development of about seven acres of city land with NantWorks, the company led by Dr. Patrick Soon-Shiong, a […]
PHX Studying Suns Arena Remodel
By Dustin Gardiner for The Arizona Republic Phoenix leaders have for several years looked at building a new, taxpayer-funded arena for the Phoenix Suns. But the city will now spend tens of thousands of dollars to explore whether an upgrade of Talking Stick Resort Arena is a better option. The city has extended its contract with Barrett Sports […]