“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 Sep 17, 2018, 7:00pm
As SkySong, the Arizona State University Scottsdale Innovation Center, continues to redevelop the former Los Arcos Mall site, city and business leaders are looking at the project as a catalyst to breathe new life into the rest of south Scottsdale.
Some housing experts already called the city’s southern portion an area to watch for housing, but commercial development in that part of Scottsdale and the neighboring Salt River Pima-Maricopa Indian Community is growing.
“It’s an important area for us,” Scottsdale Mayor Jim Lane said at a forum hosted by Kasten Long Commercial Group last week. “Even in some of the best times it wasn’t doing well.”
Lane said SkySong acted as a stimulus in the area and has attracted more private sector investment, along with a concentrated effort from the city to “reinvent” the McDowell Road corridor.
Now it seems two nearby sites previously used for car dealerships soon may become mixed-use developments.
Developers have requested a zoning change at the Mark Kia site on Scottsdale Road and Continental Drive to create a mixed-use development that would contain 267 residential units and some retail, according to city documents.
Separately, a rezoning request for the Chapman Hyundai site on McDowell Road and 67th Street has been submitted to the city by JLB Partners. That development, known as the McDowell, is proposed to contain 358 residential units and about 7,000 square feet of office space.
Pivot Development LLC purchased the Papago Plaza property on Scottsdale and McDowell roads three years ago for $12.5 million. Plans have been submitted to the city to raze the commercial buildings in the now-vacant development and build a 116-room hotel and 247-unit apartment complex. Restaurant and retail pads will front Scottsdale Road.
On the east side of Loop 101, in the Salt River Pima-Maricopa Indian Community, commercial development is booming in part because residential development is limited to those within the Native American community, Aaron Studebaker, the community development project manager for the community, said at the forum.
Those not part of the community can develop there, but only with long-term leases. No land purchases are allowed. The area has become a popular entertainment destination.
This year, the Great Wolf Lodge hotel and Medieval Times restaurant have begun construction on locations on the reservation. Two hotels and an
assisted-living facility also are in the works for the area. About 10 projects are in the pipeline for the community, but details have not been finalized, Studebaker said.
Two major developments, known as the Block and the Edge, also are in the works in the community. Arizona’s first White Castle will be part of the Block, along with a Texas Roadhouse, Starbucks, a health and wellness center and two hotels. The Edge, located at Loop 101 and 90th Street, will be a mixed-use development, but details have not been released about who the tenants will be.
“Until a deal is 100 percent done, it’s not 100 percent done,” Studebaker said of the leasing structure on the reservation.
SEE IT ALL HERE ON Pdf. South Scottsdale, Salt River
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.
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
- 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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