Correct. I think Phoenix only has a couple of people reviewing permits and they are way behind. None of the developments that have been announced are cancelled or on hold. With that said, there hasn't been any delay in Link phase 2 and construction is still to come for that. Hines has had several permits granted over the past couple of weeks and we have had confirmation from someone on here that demo is planned soon for part of the underground garage of the Collier's pad to start the new tower construction. We've had a number of projects that have started over the past few weeks...X, Novel, Creighton, AC is now getting ready to move, Aspire is nearly ready to go, we've got dirt moving for the Fillmore and heck...even the Battery has finally broken ground. Also 3 new announced multifamily developments in the Eastlake area just a few days ago. There are no signs of a slowdown in development right now.

It’s technically been 10 years of growth but the growth before 2015 was pretty anemic nearly stagnant. Growth at the pace we are historically used to didn’t begin until 15/16 in earnest which probably contributed to the longer than average growth period.

A lot of years of pent up and delayed demand

Well if you are a developer and expecting a short recession like 92 or 2000 your building is going to take two years, be under construction during the slow growth and ready to open in the next recovery

Sam Fox looking to bring a hotel to 44th St and Camelback.

Source: https://www.azcentral.com/story/news...el/2101220001/

More at https://www.bizjournals.com/phoenix/...nix-hotel.html with a rendering, but I don't have access.

Here's the promotional video for The Stewart.

• Video Link

These pools on link and Stewart are going to be social media gold

Are drones ok to use downtown? I thought it was too close to the airport.

You have to register your drone and notify Sky Harbor for drone use within 5 miles of the airport, but I'm not sure if that includes Downtown since you have towers up to Chase's height.

^^^Holy Toledo, does she come with the condo?!

Yeah. That video was exceptionally well done.

Land closing for Fore's 7 story fillmore project.

https://azbigmedia.com/real-estate/b...ls-for-9-325m/

Nice! Been waiting for more news on this. 7 floors will be a good gradient between the upcoming Aspire and the surrounding area.

Downtown Phoenix U.S. Bank highrise sells for almost $93 million
 

https://www.azcentral.com/story/mone...on/2123242001/

Add some condo's!

I wonder if they are trying to get the corner lot as well. It's not owned by the printing company. Otherwise, it would be similar to the NAC development across Fillmore, where a small, isolated lot is left over without much development potential.

And then hopefully the newest tallest building in the state rises up just south of there! Looking forward to Aspire rising soon, gonna be a lot of cranes in the air by the end of the year! I’d have to say the most we’ve ever seen downtown at once.

Well well well, the longtime owner of those kitty-corner parcels south of the NAC complex and excluded from the development deal, Murray Reisman, died in April at the age of 86.

Not sure who the new owner is, they don't share last names.

Looks like it was left to Patricia Snyder who is pretty well known on Grand Avenue, owns most of the block where bikini lounge is, but not bikini. I know she has quite a bit more around downtown. It's all passive income, don't expect development.

How would these properties generate any significant income other than the random construction yard?

I struggle to think of a feasible project on such small lots. I've often dreamt about matching sliver towers.

Those two wouldn't provide anything other than tax shelter or income from land use. The others are used as rentals of various type. None pretty.