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It kinda reminds me of a condo tower in Downtown Las Vegas next to the El Cortez. I think the Vegas shooter stayed there or something at one point. |
Continued Growth Despite Pandemic
The mayor of PHX claims 18 cranes ‘in the downtown area’ - yet we count only what - 8?
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1) Adeline 2) Hyatt Place 3) X Phoenix 4) X Phoenix 5) ASU Dorms 6) Link 2 7) Aspire 8) Apartments next to Aspire 9) Portrait 2 10) Derby That's just off the top of my head and I'm missing a few. Also the crane is either still up or just taken down at the biomedical building, Central Park East, Arizona Center. It's not not she's sitting there keeping a daily count of cranes. I'm sure it's closer to 18 than to 8. |
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I think you guys read too much into this stuff. Nothing major will start until the economy is back on solid footing, I assure you that. Relax. |
I doubt the mayor is personally counting cranes. Chances are this number came from city staff, and it would be interesting to know how it was arrived at. As suggested, one explanation could be a blurring of the distinction between Downtown and Midtown.
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I haven't had to go downtown much lately but I was doing my rounds in garfield and noticed once again it looks like a different neighborhood. Love the changes and improvements happening there. |
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In the end, this might be a blessing in disguise. These things can end very badly (ie 2008), so far we haven't seen that. It's better for a market to cool that to fall off the cliff and take decades to recover. I think this is actually healthy. |
Im not so sure about no new projects, the Apartment and Housing Demand in Phoenix has not slowed at all and AZ is doing better than most states economically, a massive change from 2008 when Arizona was one of the worst hit.
Office construction was already lacking so dont expect to see any new office projects but anything thats primarily driven by Apartments or Condos I would not write off as impossible. |
Wells Fargo to permanently shutter most of its museums, including Phoenix
WF Museum closing down in DT Phoenix. I doubt the bank chooses to re-configure this space for office use and I believe this space is leased so I wonder if possibility for this ground floor space to not be renewed and be put to good use such as retail? Prime corner space, especially w/ the Hyatt Place going up right next door.
https://www.bizjournals.com/phoenix/...g-phoenix.html |
Central City Village Planning Committee will be looking at some projects we're following next Monday if anyone wants to attend virtually:
https://www.phoenix.gov/cityclerksit.../200914003.pdf |
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I’ve mentioned this before but this is all reason to update Google Earth already with all the cranes! I was just google Earthing Tucson and they just got an update like Tempe did too! Wow, Tucson is doing pretty darn good. They have like 7 mid to high rise apartments next to U of A each with a roof top pool, too bad these are all student housing. But downtown Tucson doesn’t look too bad either.
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I drove by Knipe Village yesterday and it was empty. At least from my perspective, I couldn’t see any construction equipment that’s been on site for at least a month. Anyone know what’s going on?
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Some times I get the impression the mood here is either blind optimisim/excitement or impatient pressing of the panic button, never really a calm and level analysis of things. If I were Vento I would be re-assessing my plans for Knipe as I wouldn't feel comfortable building office space in any significant manner. |
I'm relieved to see that progress is still being made on Astra, this looks like Aspirant really wants this thing to go up. Would the city actually increase the building height limit on that lot just for this project or is the airport to sacred for them. Interesting to see what happens!
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