[HX_Guy]

Following up on the "Psycho" building, details on the actual bids...

RED, Levine, PB Bell among bidders for ‘Psycho’ building

The city of Phoenix has released the names of the seven bidders looking to redevelop the Barrister Place building at Central Avenue and Jefferson Street.

The vacant historic building is best known for being featured in Alfred Hitchcock’s 1960 movie "Psycho." The property, owned by the city, is just east of the US Airways Center.
One of the bids includes Hansji Corp., a Southern California company looking to developer a 315-room Marriott hotel at the Luhrs property across Central from Barrister Place.
P.B. Bell is teaming with central Phoenix redevelopment expert Davis Enterprises on a bid. Bell has a number of apartment complexes across the Valley, including properties in Chandler, northeast Phoenix and Tempe.

RED owns CityScape, across Jefferson from the building. It also manages leasing at the Collier Center downtown and has helped turn around the Town & Country shopping center at Camelback Road and 20th Street.

Levine has purchased and redeveloped several old warehouse buildings just south of downtown Phoenix. His redeveloped warehouses have attracted art galleries, technology companies and Arizona State University arts programs.

Levine and RED Managing Partner Mike Ebert are both big downtown boosters.

City spokeswoman Sina Matthes said details on the Barrister Place bids remain confidential as Phoenix officials evaluate the proposals from:

• Red Development LLC.
• Michael Levine/ Levine Machine LLC.
• Ventra Group LLC.
• Equus Group Inc.
• Crescent Bay Development Services/Crescent Bay Holdings; Sunbelt Holdings; HHLuhrs, LLC/Hansji Corp.; SmithGroupJJR.
• PB Bell/Davis Enterprises Collaboration.
• Desco Arizona LLC.

http://www.bizjournals.com/phoenix/n...or-psycho.html