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. FOR OVER 20 YEARS, I HAVE WORKED EXTENSIVELY WITH OWNERS AND BUYERS IN LAND, COMMERCIAL AND INVESTMENT REAL ESTATE IN PHOENIX, TUCSON AND THROUGHOUT ARIZONA. PLEASE LET ME KNOW HOW I CAN HELP YOU. Call me if you want to sell your property and need an estimated value. Phone / Prefer cell: 520-975-5207
Office: 480-948-5554 or email me walterunger@ccim.net. – What is a CCIM.
In Business and in Life you don’t get what you deserve, you get what you Negotiate.
contact me if you want the me to get you the value of your property.
CLICK HERE TO VIEW ALL MY LISTINGS.
By Corina Vanek and Audrey Jensen – Phoenix Business Journal 9/7/2021
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Arizona is on the short list for a new $400 billion smart city proposed by a former Walmart executive.
Billionaire Marc Lore released plans Sept. 1 for Telosa, a proposed sustainable city that would consist of 150,000 acres, roughly 234 square miles, with 5 million people over 40 years.
Lore’s proposed smart city is also looking at other states such as Texas, Utah, Idaho and Nevada and the Appalachian region, according to the company’s website. Lore is a co-founder of Diapers.com and was president and CEO of Walmart U.S. eCommerce until January 2021. He also purchased the Minnesota Timberwolves and Minnesota Lynx with his business partner Alex Rodriguez and started and sold four companies, including Jet.com, according to the Telosa website.
The envisioned city will be built in several stages, according to Bloomberg, which first reported news of Telosa. The first phase is targeted to be complete in 2030 and will consist of 50,000 people living in a circular neighborhood of 1,500 acres. Once populated, the city would expand the first phase by encircling it with subsequent layers of 1,500-acre neighborhoods.
Some Arizona real estate experts said they were skeptical of the proposed project, noting there are no land parcels of that size that could be acquired without having to create an assemblage. Only 17% of Arizona’s land is privately owned, leaving no easily identifiable locations for a development of that size.
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The details
Telosa would include renewable resources to power the city, autonomous cars, diverse housing options, and a 15-minute commute for people to access work, school and other amenities.
The city would be built from scratch and based on what Lore calls the Equitism model, which he hopes serves as a “blueprint for a new economic model that the world can learn and benefit from,” according to the project website.
Telosa will also be supported by community endowment, which would generate income from ground leases and appreciation to support city services like education, housing, health and jobs.
The Junto Group LLC was formed to create the city and consists of a team of urban planners, designers, historians, community engagement experts, economists and more, the project website said.
Bjarke Ingels Group (BIG), was the architecture firm hired to design the project. Junto Group’s partners also include RCLCO, a real estate consulting firm; Buro Happold, a firm that provides integrated consulting engineers and advisors; and Archer, which is working to advance sustainable urban air mobility, the website said.
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Another smart city planned in Arizona
This isn’t the first smart city to be proposed in the Grand Canyon state. Microsoft founder Bill Gates spent $80 million through his subsidiary Mt. Lemmon Holdings on 25,000 acres of land outside of Buckeye to build a futuristic smart city the size of Tempe called Belmont.
Belmont Partners, an Arizona real estate group that sold a majority stake in the land to Gates, previously said the area could be home to 80,000 residences, 3,800 acres of commercial space and 470 acres for public schools. A representative for the group declined to provide an update about the status of that project when contacted by the Phoenix Business Journal. In 2019, a group connected to Gates also bought an additional 2,800 acres known as Spurlock Ranch in Buckeye.
Spurlock Ranch could be built out to include nearly 8,500 homes, with 193 acres allocated for a commerce park, according to real estate database Vizzda.
However, plans envisioned for Telosa, outlined on the project’s website, would be much larger, with a population density comparable to San Francisco.
News of the proposed city comes as a drought continues in Arizona and after the Bureau of Reclamation announced the Colorado River water shortage on Aug. 16.
According to Telosa’s website, water is planned to be cleaned, stored and reused on site, and the city is envisioned to be powered by a renewable energy system, which will include metrics on preserving resources.
But a prolonged drought could impact prices urban users pay for water and the ability of economic developers to bring business to the Valley, according to an S&P Global Ratings report.
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SEE IT ALL: https://www.bizjournals.com/phoenix/news/2021/09/07/telosa-arizona-possible-location.html
FROM ME: FOR OVER 20 YEARS, I HAVE WORKED EXTENSIVELY WITH OWNERS AND BUYERS IN LAND, COMMERCIAL AND INVESTMENT REAL ESTATE IN PHOENIX, TUCSON AND THROUGHOUT ARIZONA. Now is the time, if you are thinking of selling or purchasing your Land or Commercial Building in Phoenix, Scottsdale, Maricopa County, Pinal County, Arizona / Office / Retail / Industrial / Multi-family / please call me on my cell 520-975-5207 or e-mail me walterunger@ccim.net. Investors and Owner / Users need to really know the market today before making a move. The market has a lot of moving parts. 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 your needs. I am marketing my listings on Costar, Loop-net, CCIM, CREXi, Catylist, and various other web sites. 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 international
What is a CCIM. In Business and in Life you don’t get what you deserve, you get what you Negotiate.
Are you ready to sell or purchase your Land or Commercial Building in Phoenix, Scottsdale, Maricopa County and Pinal County, Arizona, please call me?
contact me if you want the me to get you the value of your property.
CCIM DEAL MAKERS FALL 2020 THE BIGGEST DEAL WALTER UNGER, CCIM, WITH WEST USA COMMERCIAL DIVISION IN PHOENIX REPRESENTED GCG HOLDINGS LLC IN ITS $29.43 MILLION SALE OF GOLD CANYON GOLF RESORT AND SPA IN GOLD CANYON, ARIZ., TO GOLD CANYON MJ LLC.
CCIM DEAL MAKERS FALL 2020 THE BIGGEST DEAL / WALTER UNGER, CCIM, WITH WEST USA COMMERCIAL DIVISION IN PHOENIX REPRESENTED GCG HOLDINGS LLC IN ITS $29.43 MILLION SALE OF GOLD CANYON GOLF RESORT TO GOLD CANYON MJ LLC.
Click here to find out what is a CCIM:
CLICK HERE TO VIEW ALL MY LISTINGS.
PRESS RELEASE: Gold Canyon resort sells for $29.4M. Walter Unger CCIM from West USA Commercial Division Brokered the Transaction.
http://walter-unger.com/gold-canyon-resort-sells-for-29-4m/
Walter Unger CCIM
Associate Broker
West USA Commercial Division
7077 E MARILYN RD.
Suite 200, Building 4.
Scottsdale AZ, 85254
Phone: 480-948-5554
Cell: 520-975-5207
History of Arizona from 900 BC – 2017 -Timeline.
History of Arizona from 900 BC – 2017 -Timeline.
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”
- DEMOGRAPHIC FACTS ABOUT MARICOPA COUNTY:
Walter Unger CCIM – walterunger@ccim.net – 1-520-975-5207 – http://walter-unger.com
Timeline of Phoenix, Arizona history
Facts of Arizona – year 1848 to 2013
CLICK HERE: Arizona Opportunity Zones As We Understand /maps. Interested!!! Please contact me.
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
Associate Broker
West USA Commercial Division
7077 E MARILYN RD.
Suite 200, Building 4.
Scottsdale AZ, 85254
Phone: 480-948-5554
Cell: 520-975-5207
FOR OVER 20 YEARS, I HAVE WORKED EXTENSIVELY WITH OWNERS AND BUYERS IN LAND, COMMERCIAL AND INVESTMENT REAL ESTATE IN PHOENIX, TUCSON AND THROUGHOUT ARIZONA. PLEASE LET ME KNOW HOW I CAN HELP YOU PLEASE CALL ME
CLICK HERE TO VIEW ALL MY LISTINGS.
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.
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.
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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