“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 “ I AM YOUR LAND / INDUSTRIAL AND INVESTMENT SPECIALIST / LOOKING FOR OWNERS Call me if you want to sell your property and need an estimated value. Direct : 602-759-1209, Prefer cell: 520-975-5207 or email me walterunger@ccim.net. A CLICK HERE TO VIEW ALL MY $ 60 MIL OF LISTINGS .
Tirion Morris, Arizona RepublicPublished 7:15 a.m. MT Nov. 15, 2019
As cars whiz down McDowell Road, open signs glow in the windows of local businesses beckoning drivers to slow down and stop inside.
The section of McDowell Road from 7th Street to State Route 51 was once a bustling shopping and dining district. Now the stretch, which links downtown Phoenix to the highway, connects drivers to where they need to go. It doesn’t, however, entice many to stop.
A recent influx of new shops and restaurants has residents and business owners hoping that will change. La Marquesa Mexican restaurant opened close to the freeway in May. The owners of Tacos Chiwas, a locally-owned and popular Mexican restaurant, are building a new location in the area. Rise Distilling, a distillery and restaurant, is on the way.
According to Michael Kelly, the commercial corridor coordinator for McDowell Road, there are seven Mexican restaurants from 16th to 20th Streets.
“There’s been a lot of folks that have taken the risk,” he says.
While most of the new developments are eagerly awaited by business owners and neighbors excited to see the area undergo a renaissance, some of the projects have caused controversy or faced battles with the community as they progress.
Despite the challenges, most community members agree: the Miracle Mile on McDowell is on its way to revitalization.
Rise Distilling Co. is set to open along McDowell Road in 2020. A rendering shows plans for the exterior of the building. (Photo: KatzDesignGroup)
What is the Miracle Mile on McDowell?
In the late 1940s, businesses set up shop along McDowell Road to connect downtown Phoenix’s business districts with the residents living nearby in historic Coronado and Garfield neighborhoods. The area quickly grew into one of the busiest areas for local stores and restaurants in Phoenix and was dubbed the Miracle Mile.
In 1957, however, Phoenix’s first mall opened on Central Avenue and Osborn Road to the north of downtown. The opening of the new shopping center, Park Central Mall, preceded a decline in business for the Miracle Mile. As Phoenix expanded and the growing suburbs drew families farther away from downtown, the Miracle Mile became increasingly seen as a thoroughfare and not a destination.
In 1989, McDowell Road was widened, street parking was eliminated and the speed limit increased, making it even harder for small businesses to draw customers inside.
But downtown Phoenix is growing. People are moving back into the city center and businesses are spilling over, once again, onto McDowell Road.
How restaurants are driving growth
Located in the middle of the Miracle Mile Mall, a stretch of shops on the east edge of the Miracle Mile, Mansion Furniture has been a mainstay on McDowell Road for more than ten years.
Owner Andres Fajardo and his brother reopened their parents’ furniture business at its current location on McDowell in 2008. The business had previously operated multiple Valley locations for almost 20 years.
“We like the area because it’s centrally located, not too far from any of the sub-cities, and the price was really affordable,” Fajardo says.
FROM ME:
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WEEKLY LAND SALES
“The major fortunes in America have been made in land.” John D. Rockefeller
WEEKLY INDUSTRIAL SALES:
WEEKLY APARTMENT SALES
WEEKLY APARTMENT CLOSING UPDATE THROUGH NOVEMBER 1, 2019, Phoenix Arizona Metro.
I AM YOUR LAND / INDUSTRIAL AND INVESTMENT SPECIALIST / LOOKING FOR OWNERS CLICK HERE TO VIEW ALL MY $ 60 MIL OF LISTINGS
CLICK HERE FOR APARTMENTS FOR SALE:
Walter Unger CCIM
Senior Associate Broker
Kasten Long Commercial Group
5110 N 40th Street, Suite 110
Phoenix , AZ 85018
CELL: 520-975-5207
Direct: 602-759-1209
Office: 602-445-4112
Fax: 602-865-7461
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“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 INDUSTRIAL / OFFICE OR RETAIL BUILDING OR YOUR LAND in Phoenix, Maricopa County and Pinal County, Arizona, please call me. Office: 602-445-4113, Direct : 602-759-1209 , cell: 520-975-5207 or email me walterunger@ccim.net. … CLICK HERE TO VIEW ALL MY LISTINGS.
Let me know if you are interested in Apartments: CLICK HERE FOR APARTMENTS FOR SALE
CLICK HERE: Arizona Opportunity Zones As We Understand /maps. Interested!!! Please contact me.
History of Arizona from 900 BC – 2017 -Timeline.
8 Reasons You Should Invest in Land
History of Arizona from 900 BC – 2017 -Timeline.
WHY PHOENIX? AMAZING!!! POPULATION IN 1950 – 350 K PEOPLE; “NOW 5 MIL”. – “5TH. BIGGEST CITY IN USA”
DOT – LOOP 202 / SOUTH MOUNTAIN FREEWAY / PHOENIX AZ – UNDER CONSTRUCTION
ARIZONA FACTS – YEAR 1848 TO 2013
- 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%).
PHOENIX PROJECTED AS NUMBER ONE US HOUSING MARKET FOR 2017
LIST OF ECONOMIC DEVELOPMENT PROJECTS IN PINAL COUNTY, REVISED 2-14-17
Reasons to Consider me for Commercial Referrals – I have the Knowledge and Experience
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Walter Unger CCIM – walterunger@ccim.net – 1-520-975-5207 – http://walter-unger.com
2016 Official Arizona Visitors Guide
Timeline of Phoenix, Arizona history
Facts of Arizona – year 1848 to 2013
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.
Walter Unger CCIM
Senior Associate Broker
Kasten Long Commercial Group
5110 N 40th Street, Suite 110
Phoenix , AZ 85018
Direct: 602-759-1209
CELL: 520-975-5207
Office: 602-445-4112
Fax: 602-865-7461
CLICK HERE TO VIEW ALL MY LISTINGS
“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 “
Also Call me if you need an estimated value of your Property.
Call me if you want to see a map with what is in the Construction Pipeline for Apartments.
Direct : 602-759-1209, Prefer cell: 520-975-5207, or email me walterunger@ccim.net. CLICK HERE TO VIEW ALL MY LISTINGS.
Check out my professional profile and connect with me on LinkedIn.
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 walterunger@ccim.net or call me on my cell 520-975-5207
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