Central station, Derby, the countless little things Lafferty has said he's going to build, the stuff by the capitol, central and Pierson apartments, the list goes​ on.
It's generally pretty transparent which projects are real and which ones are land bank projects. |
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The only reason to be bearish on Downtown Phoenix stems from the bonehead city leaders that cater to Nimby's. |
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there is more good news than bad don't be a party pooper dude:cheers: |
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As for 3rd and Pierce, the GPLET has city counsel support and will most likely be approved. An FAA Obstruction evaluation has been submitted and meetings with the locals and the RAA have occurred regarding 3rd and Pierce and it seems to have their support (compared to Circles and Derby). |
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I'm not trying to start an argument with you guys but the reason for the development not happening is irrelevant to me. The fact is most stuff doesn't get built and as the project gets more expensive and more grand the likelihood diminishes. The sheer number of 'developers' trying to sell build-ready projects is astounding and makes up a pretty good majority of the "failed" projects, that practice is not unique to the 90's, 2000's, or today. Land banking has been going on for as long as this country has existed. I get that some of you really love skyscrapers and yearn for more development, as I do or I would not be posting here, but you have to look at things with a realistic perspective. It's either do that or constantly set yourself up for disappointment. |
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This city has grown by leaps and bounds in a place that technically...like Vegas...should not even be nowhere near this size. But yet, people still move here in troves. Development will always happen here. Its the nature and draw of this place. The core has to play catch up, but it will. The demographic is changing. It's no longer just for retired people which constitute a great deal of the NIMBY'ism mentality here. That era is coming to an end. As the demographic gets younger, the city will mature and that includes Downtown/Midtown. We probably will never see a Supertall built here. But I see no reason for a few developments like 3rd and Pierce to pop up and get built...especially when the market is hot which it is right now. No one can dispute that. If 3rd and Pierce doesn't get built, I won't be disappointed. It's already been beyond anything I ever expected to happen. There's still plenty of other projects in the pipeline that will get built and I'm happy to see the progress :tup: |
I kind of like the spaghetti approach. Throw enough at the wall and hope something sticks.
I think every developer thinks they're going to be the lucky noodle. |
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Thank you Goldwater Foundation
For your narrow myopic vision. The greater good could be achieved by the City of Phoenix giving tax breaks to some potential high rise developers but it appears the Goldwater Foundation wants to make it "fair" for everybody which in turn sticks us with a low rise downtown forever. Can't you clowns go to some other major city and make life miserable for them instead of Phoenix?
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My point exactly
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No plaintiff no ruling. Go away Goldwater Institute |
I don't think you understand how court works.
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Nor does he fully grasp what corporate welfare is...I think it's time these projects get off the ground without a break from the taxpayer. During a recession or when they are trying to build some synergy off of a depressed area, I get it. Now land prices should pencil most of these projects out.
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Empty lot across from Renaissance hotel on Adams (behind Hanny's) is being torn up.
I assume for streetscape improvements. |
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