Phoenix Development News (3)

[BA744PHX]

Originally Posted by ASU Diablo

PBJ is slacking and they must've forgotten to browse through our threads for new updates to write an article about

Some new interesting tidbits though in their reporting. Unfortunate that the plan is to wait 3-5 years.

https://www.bizjournals.com/phoenix/...partments.html

Wasn't the same site around 10 years ago that another developer wanted to build 3 towers called Copper Point?

[combusean]

Copper Point was for the east side of 2nd Ave in that area. North and south of where O'Neil used to be I think.

[CrestedSaguaro]

Originally Posted by combusean

Copper Point was for the east side of 2nd Ave in that area. North and south of where O'Neil used to be I think.

Never even heard of this. Search didn't yield anything. Any any renderings of what this would have been?

[BA744PHX]

Originally Posted by CrestedSaguaro

Never even heard of this. Search didn't yield anything. Any any renderings of what this would have been?

From Emporis, however I remember reading about this on the forum back in 2005-2006 timeframe

https://www.emporis.com/complex/1147...phoenix-az-usa

Developers

Mentor Properties, Inc.,
Pointe of View Developments

[combusean]

Pie-in-the-sky condomania project from a Canadian developer. They didn't even get beyond a couple signboards on the lot.

https://goo.gl/maps/PL4Y46CXQQEHYv1a9

[BurjKhalifa2Builder]

Are we allowed to post about politics on this board? Some representatives in the state house are introducing a bill that would basically upzone the whole state

[CrestedSaguaro]

Originally Posted by BurjKhalifa2Builder

Are we allowed to post about politics on this board? Some representatives in the state house are introducing a bill that would basically upzone the whole state

Yes, that would be allowed as long as it pertains to development and doesn't degenerate into schlop.

However, if it potentially involves the entire state, I would suggest posting it as it's own thread as some forumers from other parts of the state may not reading the Phoenix Development News thread.

[locolife]

Originally Posted by combusean

Pie-in-the-sky condomania project from a Canadian developer. They didn't even get beyond a couple signboards on the lot.

https://goo.gl/maps/PL4Y46CXQQEHYv1a9

Wow spin that view around and look how small downtown was compared to now. Crazy

[CrestedSaguaro]

Originally Posted by BurjKhalifa2Builder

Are we allowed to post about politics on this board? Some representatives in the state house are introducing a bill that would basically upzone the whole state

I suspect you are referring to HB 2674?

New legislation eliminates barriers to new housing construction across Arizona

REAL ESTATE | 13 hours ago | MICHAEL GOSSIE

With Arizona residents struggling to afford homes as prices soar and struggling to pay rising rents, Rep. Steve Kaiser (R-Phoenix) and Rep. César Chávez (D-Phoenix) have co-sponsored HB 2674, landmark legislation meant to improve housing availability and affordability in every area of the state.

The bill is strongly supported by the Arizona Multihousing Association and the Home Builders Association of Central Arizona.

Read more: https://azbigmedia.com/real-estate/r...cross-arizona/


Also, AZ Central has a more engaging article, but behind a paywall:

New Arizona bill would override city zoning requirements to take on housing shortage
Catherine Reagor
Arizona Republic

New Arizona legislation to address the housing shortage and not-in-my-backyard-ism would override most city zoning requirements with less stringent ones and fund the state's housing trust with $89 million.

The bipartisan bill, introduced Wednesday, would improve housing availability and affordability across the state, say the sponsors, Rep. Steve Kaiser, R-Phoenix, and Rep. César Chávez, D-Phoenix.

At least 270,000 additional homes are needed across the state or rents and prices will continue to soar beyond the reach of most residents, according to the Arizona Housing Department.

House Bill 2674 would create a “by-right” zoning process for apartment and single-family home developments that makes all agricultural, commercial and residential land open for new housing.

Full article:https://www.azcentral.com/story/news...ns/6641028001/

[TJPHXskyscraperfan]

Originally Posted by BurjKhalifa2Builder

Are we allowed to post about politics on this board? Some representatives in the state house are introducing a bill that would basically upzone the whole state

Sorry for my ignorance, what does Upzone mean?

[ASU Diablo]

Originally Posted by CrestedSaguaro

I suspect you are referring to HB 2674?



Read more: https://azbigmedia.com/real-estate/r...cross-arizona/


Also, AZ Central has a more engaging article, but behind a paywall:



Full article:https://www.azcentral.com/story/news...ns/6641028001/

Scottsdale NIMBYs gonnaaaa b maaaaaad....

[TheSpud0]

I don’t know if anyone knows this but, ASU has a downtown campus camera facing NE that shows the derby, the moon tower crane, and a little bit of central station.

http://view.asu.edu/downtown

P.S During the day, it's too bright to see anything.

[TJPHXskyscraperfan]

I read the article, think I got the just of it.

[Warren Peace]

Originally Posted by TJPHXskyscraperfan

Sorry for my ignorance, what does Upzone mean?

I wondered the same thing and here is an article that elaborates on the topic: https://archive.curbed.com/2020/1/30...gentrification

Here's a quote from the article that attempts to answer the question about what upzoning is:

"changing single-family zoning codes to allow taller and denser housing, like duplexes, triplexes, accessory dwelling units (ADUs), and apartment buildings."

I think it may be a more incremental change toward what happens in Texas - any developer can build a residence anywhere without risk of being vetoed by groups that prefer a certain architectural commonality to a neighborhood.

[az_daniel]

Originally Posted by TJPHXskyscraperfan

Sorry for my ignorance, what does Upzone mean?

Upzoning usually means removing or relaxing arbitrary restrictions of density, height, etc.

[BA744PHX]

Originally Posted by CrestedSaguaro

I suspect you are referring to HB 2674?



Read more: https://azbigmedia.com/real-estate/r...cross-arizona/


Also, AZ Central has a more engaging article, but behind a paywall:



Full article:https://www.azcentral.com/story/news...ns/6641028001/

This is amazing!! How likely is this to pass?

[combusean]

Very. Bipartisan support, developer support, overrules burdensome municipal regulations. I think it's a sham for affordability cause it'll basically inject developer dollars into Scottsdale where they can charge the rents and other more developer-friendly cities like Tempe and Phoenix are going to lose out, but I haven't looked at the specifics of the bill. If they let builders max out with, eg, 5 over 2 construction (like the Fore project on 2nd Ave and Fillmore) anywhere construction is going to significantly shift.

Also, I noticed that the parcels across from Fore (the dumb single-story law office and the former historic burned-out house and got demo'd) got assembled in June of last year. Perfect size for a highrise, maybe 20 stories.

[Spitfiredude]

The problem with the housing market isn’t that developers can’t build in Old Town, it’s that there is a supply - chain issue on top of a labor shortage. Hard to build when there’s no one to help build.

[YourBuddy]

There absolutely is a problem in the housing market when developers can’t build in old town or Scottsdale. Has there been a development in Scottsdale over 2-3 stories that hasn’t received nimby backlash? More parking minimums, less density, less height, don’t build next to this area or that area. They literally elected people to the city council that campaigning for a “no growth agenda”

[Mr.RE]

Originally Posted by YourBuddy

There absolutely is a problem in the housing market when developers can’t build in old town or Scottsdale. Has there been a development in Scottsdale over 2-3 stories that hasn’t received nimby backlash? More parking minimums, less density, less height, don’t build next to this area or that area. They literally elected people to the city council that campaigning for a “no growth agenda”

I agree. Luckily we are starting to see more proposals from developers to tear down low density B & C class apartments to build taller, more dense buildings. An example of this is Gentry on the Green off camelback. Currently is 2 apartment buildings of roughly 650 units but developers are in DRB now to propose 4-story, mixed use apartments built over 3 phases and 1600 units+. Hopefully we see more of this continue.