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The Commercial Event of the Summer / August 30th
Aug 4, 2017
GILBERT, AZ – Could the Milwaukee Brewers leave their Spring training home in Phoenix for Gilbert?
Under a new proposal, a multi-million-dollar, 7,500-seat stadium and sports complex would be built in Gilbert near Lindsey and Germann roads.
Along with the stadium, the complex would include sets of minor and major league practice fields, a 50,000-square-foot clubhouse, 10,000-square-foot front office, two hotels, and a mixed-use “village” for restaurants and retail stores, according to an economic impact report by Elliott D. Pollack & Company for the Gilbert Chamber of Commerce.
The report says the Brewers would pay for the cost of the stadium, estimated to be $75 million, and its yearly maintenance.
“We believe there may be a great deal of community support for the Brewers to relocate in the Town of Gilbert,” said Bob Quinn, executive vice president of finance and administration with the team, in an emailed statement. “We understand the Gilbert Chamber of Commerce is working to analyze the benefits to the Town of such a concept.”
“However, we continue to work with our partners at the City of Phoenix on a long term deal to stay in Maryvale,” the statement concluded.
Dana Berchman, a spokeswoman for the Town of Gilbert, said in a statement that the town was not currently in negotiations with the team.
“It’s our understanding that [the Brewers] are exploring Gilbert as an option for their new Spring Training facility and we have done some research and had discussions to understand the benefit they could bring to the community,” she said.
The Brewers currently play at Maryvale Baseball Stadium in Phoenix.
Gregg Bach, a spokesman for Phoenix, said the City is working to keep the team in Phoenix.
“City officials are working with the team on a long-term agreement to keep it in Phoenix,” the statement said. “It’s been a nearly 20-year relationship that we hope to continue, and we very much value that Maryvale Baseball Park is their choice as a home for spring training.”
You can read the economic impact report, here.
FROM ME:
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
Timeline of Arizona from 900 BC – 2017
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KASTEN LONG SALES VOLUME 1000+ APARTMENT SALES; $1+ BILLION / METRO PHOENIX AZ –
WEEKLY APARTMENT CLOSING UPDATE THROUGH July 28 / 2017 / Phoenix Arizona Metro
WEEKLY APARTMENT CLOSING UPDATE THROUGH July 21 / 2017 / Phoenix Arizona Metro
WHY PHOENIX? AMAZING!!! POPULATION IN 1950 – 350 K PEOPLE; “NOW 5 MIL”. – “5TH. BIGGEST CITY IN USA”
ARIZONA FACTS – YEAR 1848 TO 2013
Timeline of Arizona from 900 BC – 2017
DOT – LOOP 202 / SOUTH MOUNTAIN FREEWAY / PHOENIX AZ – UNDER CONSTRUCTION
- 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
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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.
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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
Walter Unger CCIM
Senior Associate Broker
Kasten Long Commercial Group
5110 N 40th Street, Suite 110
Phoenix , AZ 85018
Direct: 520-975-5207
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