Phoenix eyes south Phoenix light rail extension with federal grant

 

 

 

 

 

 

 

 

“Let us live so that when we come to die even the undertaker will be sorry.” Mark Twain

 

 

Sep 15, 2014, 4:11pm MST UPDATED: Sep 16, 2014, 7:11am MST

Eric Jay Toll Reporter-Phoenix Business Journal

A grant from the U.S. Department of Transportation is making Phoenix MayorGreg Stanton‘s commitment to expand light rail across the city a little closer to reality.

The $1.6 million grant will provide the city of Phoenix resources to evaluate the planning, environmental and conceptual engineering for a five-mile extension of Metro light rail down Central Avenue from Jefferson Street to Baseline Road.

“Getting light rail to South Mountain is one of my personal priorities,” Stanton said. “I want to bring the same flexible transit options to the area as others in the city experience with Metro.”

The Phoenix City Council authorized the South Central Transit Corridor less than a year ago. The action last December made the route the first light rail extension moving beyond the original Proposition 400 proposal.

“Public transportation in Phoenix is good, but we need to move it to better,” said the mayor. “To be a quality city, we need to give our residents choices for getting to work.”

Currently, Phoenix and Valley Metro are assessing routes extending light rail or bus rapid transit into Glendale, and a route from downtown Phoenix westward to Maryvale, possibly along Interstate 10.

Although construction is five to 10 years in the future, with light rail ridership already exceeding 2020 projections, schedules could change. It all depends on available federal funding.

“We need to bring light rail to south Phoenix to encourage economic development in the area,” Stanton said. “Already, we’ve seen more than $5 billion in positive economic impact from development within light rail corridors.”

The federal Transportation Investment Generating Economic Recovery grant support generates a variety of benefits to the surrounding community, where residents rely heavily on transit service. Recent studies of the area indicated 14 percent of residents walk or bike to work, and more than 56 percent come from households with no available automobile.

“Riding transit is not just commuting,” said Stanton. “The regulars get to know each other, and it becomes a social activity during the commutes seeing the same people every day.”

Eric covers economic development, banking and finance, infrastructure, transportation and utilities.

SEE IT ALL:

http://www.bizjournals.com/phoenix/news/2014/09/15/phoenix-eyes-south-phoenix-light-rail-extension.html?ana=e_du_pub&s=article_du&ed=2014-09-16&u=gSklYpPXQRpogm%2FYl2twnQ09b2fd52&t=1410906470&page=all

 

 

 

A little about me and my expertise – video

                    

commercial / investment real estate / Arizona land specialist

https://www.youtube.com/watch?v=PPs3kpKR4nY

 

I go to great heights to sell or purchase your land

http://walter-unger.com/?p=10118

 

 

http://en.wikipedia.org/wiki/Timeline_of_Phoenix,_Arizona_history

3

Facts of Arizona – year 1848 to 2013

http://walter-unger.com/?p=9507

 

4.

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 Investment Properties in Phoenix.

 

 

View my listings and my profile at:

http://www.loopnet.com/profile/14101172900/Walter-Unger-CCIM/Listings/

 

www.Walter-Unger.com

 

What is a CCIM?

 

Join My Mailing List

 

 

Please go to my web-site and get all the newsflashes and updates in Commercial Investment Real Estate in Phoenix and Commercial Investment Properties in Phoenix daily

 

www.walter-unger.com

 

 

Check out my professional profile and connect with me on LinkedIn.

http://lnkd.in/bezpJ8t

 

Follow me on Facebook:

http://www.facebook.com/ungerccim

 

Follow me on Twitter:

https://twitter.com/Walterunger

 

 

Follow Me on Google+

https://plus.google.com/u/0/b/114560883588623379451/

 

Walter Unger CCIM, CCSS, CCLS

I am a successful Commercial Investment Real Estate Broker in Arizona now for 20 years and I worked with banks and their commercial REO properties for 3 years. I am also a commercial landspecialist in Phoenix and a Landspecialist in Arizona.

 

WHETHER YOU LEASE OR OWN

NOW IS THE TIME FOR YOU TO EXPAND, UPGRADE OR INVEST.

 

we are at on the a rise of the cycle in Commercial Real Estate.  so there is only one way and it’s called we are going up and now is the time for you to expand, upgrade or invest in Commercial Properties in Phoenix.  The prices on deals I may get you will not be around forever.

 

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 in Commercial Properties in Phoenix or Commercial Properties in Arizona with you.Obviously I am also in this to make money, but it could 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 or Office:480-948-5554

 

www.Walter-Unger.com

 

Thank You

Walter

Walter Unger CCIM

Associate Broker,  West USA Commercial Real Estate Advisers

7077 E. Marilyn Road, Bldg 4, Suite 130

Scottsdale, AZ 85254

Cell:      520-975-5207   

Office :  480-948-5554

Fax: (480-658-1172  

walterunger@ccim.net

 

View my listings and my profile at:

http://www.loopnet.com/Profile/14101172900/Walter-Unger-CCIM/

 

www.Walter-Unger.com             

 

a little about me and my expertise – video

 

commercial-investment real estate adviser-land specialist

 

https://www.youtube.com/watch?v=PPs3kpKR4nY

 

What is a CCIM?

 

 

Delivering the New Standard of Excellence in Commercial Real Estate 

 

  • Commercial Real Estate Scottsdale
  • Commercial Real Estate Phoenix
  • Commercial Real Estate Arizona
  • Commercial Investment Properties Phoenix
  • Commercial Investment Properties Scottsdale
  • Commercial Investment Properties Arizona
  • Land Specialist Arizona
  • Arizona Land Specialist
  • Land Specialist Phoenix
  • Phoenix Land Specialist
  • Land For Sale Phoenix
  • Land for sale Arizona
  • Commercial Properties For Sale Phoenix
  • Commercial Real Estate Sales Phoenix
  • Commercial Properties Phoenix
  • Commercial Properties Arizona
  • Commercial Land Specialist Phoenix
  • Commercial Land Phoenix
  • Multifamily land Phoenix
  • Retail Land Phoenix
  • Industrial Land Phoenix
  • Land Commercial Phoenix
  • Land Retail Phoenix
  • Land Industrial Phoenix
  • Land Multifamily Phoenix
  • Industrial Land for sale Phoenix
  • Land Industrial
  • P
  • Investment Real Estate

 

Disclaimer of Liability

The information in this blog-newsletter is for general guidance only, and does not constitute the provision of legal advice, tax advice, accounting services, investment advice, or professional consulting of any kind. The information provided herein should not be used as a substitute for consultation with professional tax, accounting, legal, or other competent advisers. Before making any decision or taking any action, you should consult a professional adviser who has been provided with all pertinent facts relevant to your particular situation. Tax articles in this e-newsletter are not intended to be used, and cannot be used by any taxpayer, for the purpose of avoiding accuracy-related penalties that may be imposed on the taxpayer. The information is provided “as is,” with no assurance or guarantee of completeness, accuracy, or timeliness of the information, and without warranty of any kind, express or implied, including but not limited to warranties of performance, merchantability, and fitness for a particular purpose.