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Is this an opportunity zone? That could explain the optimism on getting things built. But I'd imagine its kind of like the whole Park Central project - multiple phases that are built when demand is there. But that makes me wonder why they don't put up one of those 680ft residential/hotel towers since demand for residential is certainly here... |
Everything we know about the pinball lounge coming to downtown Phoenix
Well this concept sounds pretty cool! Nice to see more retail coming along W Van Buren. So this late-night pizza joint and then the other one block over on 5th Ave as well!
https://www.azcentral.com/story/ente...ix/3653247002/ |
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^ I think the developer is credible enough. There's nothing that says they have to build this all at once. If you had 15 acres on a solid intersection you can hang out for as long as you want and build when there's demand, and it's trivial to reprogram the site at a zoning hearing if demand shifts from one to another.
I think it's not completely unrealistic to think the smaller office tower (presuming they get a blockbuster tenant, this project vaguely reminds me of the NW waterfront in Tempe), a residential tower, and the senior housing get built this cycle. |
Still will be a dead wall facing the street, but at least it will have some art now instead of grey paint. Hopefully, they come up with some truly great murals that will attract tourists and artists to take photos...
https://www.azcentral.com/story/news...am/1090231001/ |
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I'm OK with a bunch of 300-400 foot buildings filling the skyline, we'd already be doing pretty well at that point. Built to be sold is actually a thing unless you have some absurdly high dollar bank or at this point tech tenant willing to make a major longterm investment.
Chase finally left their namesake tower after 45+ years. When we have signature tenants there will be bigger buildings. |
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There is no need, let alone demand, for super-tall buildings in Phoenix. Unless the developer is an egomaniac, the market dictates what gets built. BTW, downtown San Diego looks vastly better than it did 30 years ago. It used to be a dump. |
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A couple things I noticed driving through downtown today. McKinley is back open from central to 1st ave. Block 23 tower crane cane down.
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All the developement is great, no matter the size honestly although it would be great to get something, at least 500 or 600 feet. Of course we have those limits downtown so would that mean it would have to go midtown? I guess that wouldn’t really help the downtowns skyline at all. It would be like those random high rises all around Houston miles away from their downtown. I’d love to see still though. One thing I don’t understand though is how Detroit, a metro area of absolutely no growth can have a downtown that is in the mist of building a 900 foot building which will be a new tallest for Detroit. Detroit’s downtown is in a rebuild much like ours but with a lot more infrastructure all ready in place. They have many once vacant high rises turning into apartments, hotels and offices. Getting young professionals from Detroit’s burbs that once maybe were scared to live in Detroit to move to the city. With the amount of urban blight around Detroit’s downtown you would think their downtown would sprawl quite a bit with all the empty land around their downtown but no they are building a 900 foot tower! With that said, with the amount of people moving to Phoenix from out of state along with people moving to the core from our suburbs you would think we could get a new tallest soon.
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Yeah ... no. 65,000 people in 1940 over all of 9.5 square miles isn't exactly a small farming community. It was much denser with substantially fewer cars before WW2, and there are entire downtown neighborhoods like Chinatown, the ethnic alleys, and Five Points that simply don't exist anymore.
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^ Troll.
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Give me a break bro, 65k is half the size of Prescott. As dense as you imagine it was it was hardly a bustling urban core.
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