This is kinda neat:
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I fucking hate that Continuum project. I don't know how they can attempt a single use, sprawling bullshit office park surrounded by parking lots, fill it to the brim with non-native landscaping, and then have the audacity to greenwash the whole entire thing.
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And here i thought cityscape had a great light feature... Anyone else see the chillrins hospital? Omg its sweet snd looks like more to come!!
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And so the cycle begins anew.
Phoenix-area condo projects to reopen next month by J. Craig Anderson - Oct. 22, 2010 12:00 AM The Arizona Republic Three Phoenix-area condo projects that had been shut down and repossessed by their lender are expected to reopen for new sales in November, thanks in large part to the federal government. The projects are 44 Monroe in downtown Phoenix, 3rd Avenue Palms in Phoenix and Safari Drive Scottsdale, near Scottsdale Fashion Square mall. The properties are undergoing renovations and awaiting Arizona Department of Real Estate approval to reopen their sales offices, according to the new owner, Chicago-based ST Residential. Safari Drive will have 89 units available for sale beginning at $249,500. 44 Monroe will have 196 units available starting at $197,500, while 3rd Avenue Palms will have 74 units available starting at $80,000, a company news release said. ST Residential is an investment and debt-resolution firm that is 60 percent owned by the Federal Deposit Insurance Corp. Unlike the Resolution Trust Corp., which the federal government formed to dispose of failed lender-owned assets two decades ago following the savings-and-loan crisis, ST Residential also involves a group of private-equity firms, led by Starwood Capital Group. All three properties had been owned by Corus Bankshares Inc., the holding company whose bank was taken over by regulators in September 2009. Corus, based in Chicago, sought protection from creditors in June, filing for Chapter 11 reorganization in U.S. Bankruptcy Court. At the same time, ST Residential was formed for the sole purpose of buying $4.5 billion worth of residential real-estate assets that Corus had repossessed, ST Residential CEO Wade Hundley said in an interview Thursday. Hundley said about 30 percent of the assets are owned outright by ST Residential, and the rest are being financed with "favorable lending terms" by the FDIC. The result is that ST Residential has cash and time, something Hundley said that most condo project owners lack. "While most companies are trying to cut costs and save money, we're investing in these properties," he said. Two of the projects, 44 Monroe and Safari Drive, began construction in 2006, Hundley said. Third Avenue Palms was a condo-conversion project initiated in 2005 on an apartment complex that was built in 1999. In all three cases, the original developers slammed into a wall when the condo market plummeted in 2007. Only 3rd Avenue Palms had sold a significant amount, about half of the project's 155 units. The other two projects had sold just over a dozen units each when their sales offices were shut down about a year ago, said Mike Messenger of Geoffrey H. Edmunds Realty, the Scottsdale company hired to handle sales and marketing for all three properties. Edmunds also will set prices for the new units and help manage the homeowners associations. "These are projects that we're bringing back to life, so to speak," Messenger said. |
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I'll try to get a picture of that bitch. I got a good spot on the Links course at Arizona Biltmore to shoot right at it.
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The children's hospital is really nice. It's got a ton of leds in the lobby as well.
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Anyone know what they are doing by Arizona Center? They have two boom cranes doing some serious work.
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I noticed that this morning on the way to work, but I didn't have enough time to check it out. I'm guessing either AC or heating unit replacement, or installation of equipment at the 12 News studio.
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I went down, I think it was for the TV studio. Maybe satelite dishes and stuff.
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Maybe though in the future some of the other local stations will copy the general idea and do it with better execution. Something facing into the Civic Space or just anywhere thats more active would be neat. |
Few updates
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Dog park at the space could be pretty cool. At the very least we will be getting some tree and plants on that site. |
Go Sean Go!!!!!!!!!!!!!!!!!!!!!!!!!!
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At last another park in the planning for downtown. I hope the Sheradon allows the park to be built, it'll add yet another missing element to the ever growing downtown community. By the way, what happened to the School of Law building planned on this site?
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From what I hear, however, the law school is 100% set on moving down there. Rumors are ASU will transform the law school into a privately funded school similar to UVA, Berkeley and Michigan. It would be really great because it would raise the name of the law school and allow it to increase the class size. |
What time frame could be on either of those ideas? OR are they simply ideas?
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The idea of privatizing is an idea and they really have to do more research on the cost v. benefit. ASU does not carry the name brand of a Berkeley, Michigan or UVA so a change may end up hurting the school. |
just what America needs...another f**king law school producing f**king lawyers...yay :sly:
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har har har |
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Speaking of lawyers, anyone know what these two documents are saying? http://apps.supremecourt.az.gov/aacc...V/CV100620.pdf http://www.superiorcourt.maricopa.go...=CV2007-004793 Is the city trying to eminent domain some downtown land? I checked up on the property ownership of these guys and they literally own half of downtown's empty lots and parking structures. |
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