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Old Posted Jul 21, 2014, 6:39 PM
HX_Guy HX_Guy is offline
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Phoenix receives seven bids to redevelop 'Psycho' building downtown

The city of Phoenix has received seven proposals for the redevelopment of the Barrister Place Building and adjacent land parcels in downtown Phoenix.
The Barrister building sits at Central Avenue and Jefferson Street. It has been vacant for several years and is best known for being featured in Alfred Hitchcock’s “Psycho” movie in 1960.
The city owns the building and put out a request for proposals for redevelopment of the 99-year-old building, as well as neighboring parking lot parcels.
RFP bids were due July 7 and the city received seven development plans, according Isis Sanchez, a project manager for the city’s Community and Economic Development Department.
Sanchez said the city could not disclose who put the bids in, and an evaluation team was scheduled to meet next month to consider the plans.
The Barrister property sits just west of US Airways Center. It is across the street from RED Development’s popular CityScape project to the south and the Luhrs buildings to the west. There have been plans for an $80 million Marriott hotel on the Luhrs site.
That planned hotel comes as other downtown hotels face challenges in filling rooms when there are not big conventions in town. Phoenix is still feeling some of the effects of bad publicity from the Senate bills 1070 and 1062 controversies.
Downtown, however, is expected to get a boost from Super Bowl XLIX in February with a number of major events scheduled for the central business district.
There have also been a number of apartment complexes proposed in downtown and other parts of central Phoenix, including near 12th and Washington streets and Central Ave. and McDowell Road.

http://www.bizjournals.com/phoenix/n...op-psycho.html
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