Phoenix looks at tripling size of light rail system

 

 

 

 

 

 

 

“Never put off until tomorrow what you can do the day after tomorrow.”
-Mark Twain

 

 

 

by Dennis Welch, 3TV Political Editor azfamily.com Posted on August 18, 2014 at 1:57 PM

PHOENIX — A new committee on transportation is considering whether to extend the light rail, essentially tripling its size. But the proposed project could end up costing taxpayers some big bucks.

When the current light rail system opened in 2008, it cost taxpayers about $1.4 million. To expand it, local leaders will have to convince taxpayers to dip into their pockets one more time.

Local restaurant owner Dana Mule believes light rail gives the city a big boost. “I think it’s a great amenity for the city,” he says. “It gives the city an urban vibe it never had before.”

He also says it’s good for business. “The introduction of the light rail finally gives us the opportunity for downtown to be the sort of entertainment mecca we all thought it should have been 25 or 30 years ago.”

Now, Phoenix Mayor Greg Stanton wants to triple the size of the city’s light rail over the next 30 years.

“Transit is incredibly important for people with disabilities, for students,” says Mayor Stanton. “It’s incredibly important for working families, for everyone in this city.”

The Mayor wants to extend the Central Avenue line south to Baseline Road, and extend the 19th Avenue line north to Dunlap.

But in order to do that, voters would have to give the thumbs up to the plans. But many might not like the accompanying tax hike.

“Well, right now, I don’t think the voters are ready to have any tax increase,” says Phoenix City Councilman Sal DiCiccio.

He says the city should devote funding to other issues. “You’ve got to fix the infrastructure. You’ve got to fix the police. You’ve got to fix our fiscal budget,” he says.

Phoenix leaders say they’ve formed a citizen committee to draft light-rail expansion plans, so they can bring the plans to voters next year.

“Great cities have great transit systems,” says Former U.S. Secretary of Transportation Mary Peters, who is spearheading the committee. “And this city is absolutely no exception.”

The city is also asking for the public’s input on the project. Valley residents are asked to join the discussion online at talktransportation.org.

“This is really the people’s plan,” says Mayor Stanton. “Together we’ll be making decisions on how to best invest in our city’s future through an improved and well-maintained transportation system.”

The mayor’s office estimates it will cost about $73 million per mile of light rail that is constructed.

READ MORE

http://www.azfamily.com/home/City-of-Phoenix-proposes-expansion-of-light-rail-system-271728441.html?utm_source=newsletter&utm_medium=AZ-CRE-REPORT&utm

 

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.