“You miss 100 percent of the shots you never take, and if you think it’s expensive to hire a professional to do the job, wait until you hire an amateur “ . ARE YOU READY TO SELL OR PURCHASE YOUR LAND OR COMMERCIAL BUILDING IN PHOENIX, SCOTTSDALE, MARICOPA COUNTY AND PINAL COUNTY, ARIZONA, CLICK HERE AND PLEASE CALL ME. 520-975-5207 or email me firstname.lastname@example.org. …. VIEW ALL OF WALTERS LISTINGS. Let me know if you are interested in Apartments: CLICK HERE FOR APARTMENTS FOR SALE
By Corina Vanek – Reporter, Phoenix Business Journal, Jul 16, 2018,
If project passes through city approvals, work could begin by fall 2019.
A $250 million, 7-acre mixed-use development with a hotel, residential complexes and a community open space could replace an abandoned transit station and parking lot in Old Town Scottsdale.
An artist’s rendering shows the planned Museum Square development, which is proposed along Second Street and Marshall Way in Old Town Scottsdale. COURTESY OF MUSEUM SQUARE
Plans submitted to the city of Scottsdale by Canada-based Macdonald Development Co. include a 150-foot-tall hotel and four residential buildings, three of which are planned to be condominiums and one is planned for rental housing. Adjacent to the hotel, developers plan to create a landscaped community park.
Museum Square would be built near Marshall Way and Second Street. It is adjacent to Scottsdale’s Museum of the West, Stagebrush Theater and Scottsdale Artists’ School and near several community art galleries.
Bill Borders, president of ARC Construction, said the project will cost about $250 million to develop. ARC Construction also is working to develop the nearby Canopy by Hilton hotel at the northeast corner of Marshall Way and First Street.
“We’ve always been big supporters of body heat,” Borders said, referring to development that brings more people to an area. “That’s what makes this project work.”
John Berry, an attorney for the project, said the Museum Square has been endorsed by the Scottsdale Gallery Association and will “enhance the reputation and the vibrancy of the arts district.”
Jason Rose, a public relations specialist for the project, said it will complement the artistic nature of nearby businesses, and bring more people into the area to visit museums and galleries and see shows.
“Scottsdale galleries have been a fabric of this community,” Rose said. “Galleries, like many retailers, are having their challenges now.”
The open space incorporated into Museum Square could host art events or other community gatherings, many of which were hosted in Scottsdale and have relocated to Phoenix or Tempe, Rose said.
In a letter to the mayor and Scottsdale City Council, the Gallery Association said the project would increase the art district’s tourism, business and exposure. Leaders of Museum of the West also wrote a letter of support for Museum Square.
The city is still working out the possibility of proceeds from the sale of the land for Museum Square being used toward the expansion of Museum of the West, Rose said.
Jeff Denzak from Swaback Partners, the architect for Museum Square, said the design will “set a great new precedent to creating community master plans.”
“This is an opportunity to create a totally integrated and orchestrated community master plan in the center of the city,” he said.
Denzak called the project’s design style “desert classic contemporary,” which will include brick at the street level, a glass mural and other design features.
City Council voted unanimously to approve the sale of the land to Macdonald Development in order to create the project. The plans and related rezoning request have yet to be heard by the city’s planning commission.
Borders said once all approvals are given, the project will probably be shovel-ready by summer or fall of 2019. SEE IT ALL: https://www.bizjournals.com/phoenix/news/2018/07/16/250-million-hotel-residential-development-planned.html?ana=e_du_prem&s=article_du&ed=2018-07-21&u=lQ2E7queaIzizvtydl7vaENwvei&t=1532278102&j=82833391
ARE YOU READY TO SELL OR PURCHASE YOUR LAND OR COMMERCIAL BUILDING IN PHOENIX, SCOTTSDALE, MARICOPA COUNTY AND PINAL COUNTY, ARIZONA, CLICK HERE AND PLEASE CALL ME. 520-975-5207 or email me email@example.com. …. VIEW ALL OF WALTERS LISTINGS. Let me know if you are interested in Apartments: CLICK HERE FOR APARTMENTS FOR SALE
Phoenix Commercial Real Estate and Investment Real Estate: Investors and Owner / Users need to really know the market today before making a move in owner user Commercial Properties, Investment Properties and land in Phoenix / Maricopa County, Pinal County / Arizona, as the market has a lot of moving parts today. What is going on socio-economically, what is going on demographically, what is going on with location, with competing businesses, with public policy in general — all of these things affect the quality of selling or purchasing your Commercial Properties, Commercial Investment Properties and Commercial and large tracts of Residential Land Therefore, you need a broker, a CCIM (Certified Commercial Investment Member) who is a recognized expert in the commercial and investment real estate industry and who understands Commercial Properties and Investment Properties. I am marketing my listings on Costar, Loop-net CCIM, Kasten Long Commercial Group. I also sold hundreds millions of dollars’ worth of Investment Properties / Owner User Properties in Retail, Office Industrial, Multi-family and Land in Arizona and therefore I am working with brokers, Investors and Developers. I am also a CCIM and through this origination ( www.ccim.com ) I have access to marketing not only in the United States, but also internationalClick here to find out what is a CCIM: https://en.wikipedia.org/wiki/CCIM
PLEASE CALL ME 520-975-5207 OR E-MAIL ME firstname.lastname@example.org
ARE YOU READY TO SELL OR PURCHASE YOUR LAND OR COMMERCIAL BUILDING IN PHOENIX, SCOTTSDALE, MARICOPA COUNTY AND PINAL COUNTY, ARIZONA, CLICK HERE AND PLEASE CALL ME. 520-975-5207 or email me email@example.com
WEEKLY LAND CLOSING UPDATE / THROUGH June 15, 2018 / Phoenix Arizona Metro, Maricopa County, Pinal County.
WEEKLY LAND CLOSING UPDATE / THROUGH May 25, 2018 / Phoenix Arizona Metro, Maricopa County, Pinal County.
WEEKLY APARTMENT CLOSING UPDATE THROUGH June 15, 2018, Phoenix Arizona Metro.
- DEMOGRAPHIC FACTS ABOUT MARICOPA COUNTY:
- The average age of the population is 34 years old.
- The health cost index score in this area is 102.1. (100 = national average)
- Here are some of the distributions of commute times for the area: <15 min (22.7%), 15-29 min (36.8%), 30-44 min (25.1%), 45-59 min (8.6%), >60 min (6.8%).
Feel free to contact Walter regarding any of these stories, the current market, distressed commercial real estate opportunities and needs, your property or your Investment Needs for Comercial Properties in Phoenix, Tucson, Arizona.
Kasten Long Commercial Group tracks all advertised apartment communities, including those advertised by other brokerages. The interactive map shows the location of each community (10+ units) and each location is color coded by the size (number of total units).
Walter Unger CCIM, CCSS, CCLS
I am a successful Commercial / Investment Real Estate Broker in Arizona now for 20 years. If you have any questions about Commercial / Investment Properties in Phoenix or Commercial / Investment Properties in Arizona, I will gladly sit down with you and share my expertise and my professional opinion with you. I am also in this to make money therefore it will be a win-win situation for all of us.
Please reply by e-mail firstname.lastname@example.org or call me on my cell 520-975-5207
Walter Unger CCIM
Senior Associate Broker
Kasten Long Commercial Group
5110 N 40th Street, Suite 110
Phoenix , AZ 85018
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