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  #5781  
Old Posted Apr 10, 2014, 7:03 AM
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Prestige Worldwide Prestige Worldwide is offline
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Originally Posted by ASUSunDevil View Post
14 times a year? Glendale is the much bigger disaster.

http://www.universityofphoenixstadium.com/events/page/1
'14 times' as in events of significance like 10 NFL home games, a bowl game or two, and maybe a soccer match or two.

...not the three high school graduations UOP is hosting next month.

Chase Field and US Airways Center do create dead zones, but at least they attract tens of thousands to Downtown for 81 and 41 home games respectively, 122 days in total.
     
     
  #5782  
Old Posted Apr 10, 2014, 7:45 AM
Jjs5056 Jjs5056 is offline
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I find the criticism of Stanton hilarious. If it weren't for Stanton, those parcels would have wound up as an NFL stadium used 14 times a year at most. Lot's of people forget about this. Downtown would have looked a lot different had that happened, and not for the better.

There will come a time for the City to cut loose the parcels bordering Garfield from 4th St. to 7th St. from the BioScience Campus and if there was high confidence that an RFP would yield some proposals for dense residential, I think they would go in that direction. However, the demand probably isn't quite there yet, so it is wise to give more time for the BioScience Campus to develop further. I'm not wild and crazy about the Mayo BioScience Campus, but it's better that it is located within Phoenix than some other suburb vulturing it. Phoenix's city limits are large and some assets are going to be distributed.

I think lots of people are frustrated with the slow pace of development Downtown, me included, but what most people who aren't originally from here don't realize is that when you take the long view, what HAS happened since 2007/2008, has been pretty remarkable considering where we were 30 years ago. I mean, we were litterally starting from about as rock bottom as you could get.
This is the epitome of the "it's better than nothing" argument. As you said, downtown Phoenix has come a long way since 2006 and is at a place where our standards should be higher than that. Please don't put words in my mouth or ideals in my mind - I would never want a football stadium to have come downtown. I don't know the details, but as little as I have picked up about the site selection was that Phoenix screwed Tempe via FAA only to get blindsided by Glendale; did Stanton give the deciding vote?

Even if he did, one good decision then doesn't excuse one from making mistakes later on. As for "all that criticism," I am criticizing his comments and leadership on one specific matter, though I think it's one you are being far too lenient on. Considering we have lost nearly every major employment opportunity for downtown/Central Phoenix to places like Tempe, Scottsdale, Mesa, and Chandler, the biomedical campus was a key part of providing downtown with an ongoing, ever-growing economic engine that would provide jobs, keep talent in state, lead to further investments in research with profits being used for infrastructure, etc. For the mayor, who is supposedly an avid supporter of downtown, to take that core advantage the central city had over the suburbs and give it away is a very, very big deal. Again, other cities would've gotten Mayo something worth coming downtown for - even in a very limited capacity - knowing the domino effect that would have.

Instead, that domino effect is happening miles and miles away, and instead of finding a way to focus and narrow the investment to decrease cannibalization, our leaders are encouraging even more investment, branding the future development and touting it as a major win for Arizona.

Well, guess what? It's a major loss for Arizona. Downtown is struggling as it to get residential development; why would developers build housing when the high paying jobs are in every other suburb? Downtown is already limited in its retail offering because of the lack of residents. Why would any retailer set up shop in an area filled with college kids, senior citizens, and the homeless?

A downtown is nothing without a diverse employment base. Tempe has a thriving Broadway corridor, State Farm regional offices, USA Basketball, Chase credit card back office work, Limelight, First Solar.... Most of these all in the last 4 years. Apple, Intel, eBay, PayPal, American Express... All companies that have chosen other cities. Can you name even one major win Phoenix has had in terms of gaining a major employer?

So, sure, the land will be auctioned off in the future. But, look at the long list of RFPs I posted - doesn't it make you wonder why private developers aren't simply investing? Isn't it worrisome that the City has to RFP some of its most central locations?

Yes, downtown has come a long way. And, that's because of grassroots efforts by people who understand and appreciate the intangible value of being part of a community. The best changes downtown haven't been at the hands of our government. Roosevelt Row thrives, while Taylor Mall - touted as downtown's Mill Ave - remains sterile and vacant of retail. Amazing groups like Motley continue to restore our history and partner with even more awesome people to
serve our current needs inside of them. OTOH, our city builds jails and homeless shelters adjacent to priceless historic structures, while others are continually knocked down by developers.

I won't post again because I know it upsets many people that I have negative viewpoints, but as I have said before - it just — to want a city to succeed more than it's stakeholders do. Gordon tried... He couldn't have predicted the design and fate of the ASU and Bio campuses. But, an area of restaurant concepts can only survive for so long, and it will be just that - not a colorful, diverse, vibrant center of culture, commerce and education.

And, if you don't think that continually sending more and more jobs to places where mass transit is barely an afterthought is a huge issue for Arizona on many levels, you're very wrong.
     
     
  #5783  
Old Posted Apr 10, 2014, 2:42 PM
Phoenician Phoenician is offline
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The problem with the biomedical campus was that it always should have been up by St. Joes. A lot more land for it up there, already a ton of research activity, and always needed a hospital anchor. Surprised that even supposedly enlightened people like Talton keep flogging the current location. That is prime land for downtown development.
     
     
  #5784  
Old Posted Apr 10, 2014, 3:49 PM
soleri soleri is offline
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Originally Posted by Phoenician View Post
The problem with the biomedical campus was that it always should have been up by St. Joes. A lot more land for it up there, already a ton of research activity, and always needed a hospital anchor. Surprised that even supposedly enlightened people like Talton keep flogging the current location. That is prime land for downtown development.
Downtown development? Where?

I'm not particularly a fan of the "eds and meds" strategy since it's apparently another thing every city absolutely must have like a massive convention center or a football stadium. Moreover, it also involved more urban clear-cutting in Evans-Churchill, which while modest did have some old structures. But once it got plugged into the UofA medical school, and Jeffrey Trent's TGen, and the possibility of getting the county hospital there as well, the momentum seemed too good to pass up. This being Phoenix, the will and discipline to maintain that original vision faltered. But, for a while, it appeared to be a bright shining star for downtown Phoenix. Needless to say, you grab the possibilities as they present themselves. Quibbling about the ideal location is something people like us do.

If downtown Phoenix were really humming, chances are the project would have been located elsewhere. If only that were the case! The weakness in Phoenix's economy, however, doesn't allow much nit-picking. Be glad you have it there rather than Chandler.
     
     
  #5785  
Old Posted Apr 10, 2014, 8:33 PM
dtnphx dtnphx is offline
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Drove by the Professional Building the other day and still no indication that they've started anything unless they're doing all internal stuff without a hint that there's even workers there since it's all boarded up. Is being open as a hotel by next Super Bowl even a remote possibility?
     
     
  #5786  
Old Posted Apr 13, 2014, 6:38 PM
phoenixwillrise phoenixwillrise is offline
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Cardinal Stadium Downtown.

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Originally Posted by Prestige Worldwide View Post
'14 times' as in events of significance like 10 NFL home games, a bowl game or two, and maybe a soccer match or two.

...not the three high school graduations UOP is hosting next month.

Chase Field and US Airways Center do create dead zones, but at least they attract tens of thousands to Downtown for 81 and 41 home games respectively, 122 days in total.
It's water under the bridge but I totally disagree. If they had built the Cardinal Stadium downtown like Jerry Colangelo attempted to get them to do more synergy could have been created. With it's removal grass field and concrete floor it would have been fantastic to have it near the convention center. At that point you could have held any convention of any size downtown. There are several areas it could have been placed one I would have thought would have been the quadrant north and east of 7th and Van Buren St. They could have had a people mover under ground or over head connecting it to the convention center. A win win all the way around.
I also think a big opportunity was missed by allowing the MIM to be built in far North Phoenix. Here this Ex Target CEO was putting up 150+ million of his own money. Never before has anyone ponied up that kind of money for a gratis endeavor in Phoenix and you can't give the guy city property in downtown Phoenix? What a bone headed move by the city. Can you think of a museum row with the Phoenix Art Museum, the Heard Museum and MIM? It's passing on no brainer opportunities like this that just absolutely kills the acceleration of the development of downtown Phoenix.
     
     
  #5787  
Old Posted Apr 14, 2014, 3:50 PM
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Phoenix developer on mission to save historic buildings
Kylie Gumpert, Special for The Republic | azcentral.com

Michael Levine, 45, loves history, but what he loves even more is sharing it.

Levine is a downtown Phoenix developer; his mission is to save as many historical buildings as possible in the city's warehouse district.

For more than 20 years, he has returned numerous warehouses to commerce, including those that now house the Bentley Gallery at Bentley Projects and the Duce restaurant, bar and clothing store. In a city where demolishing deteriorating structures has been the norm, Levine became one of the first to start buying old buildings for the sole purpose of preserving and transforming them.

The work is not for the faint of heart.

"When I get these buildings, they're in scary condition. Early on I had asked people to join up with me, but they just didn't have the scruples," Levine said.

"I understand why people don't do what I do, because it's more art than science," Levine said. "If you're relying on a whole bunch of different trades and contractors and architects to give you their opinion, then it will probably become more costly."

It wasn't until 1990 that Levine, who was raised in Brooklyn, moved to Phoenix. He bought his first building, on 13th and Jackson streets, at age 23. He's been adding to his empire ever since.

Outside the old Phoenix Feed & Seed Co. warehouse at 411 S. Second St. sits an orange truck near a giant Phoenix Suns sign. The truck has a Suns decal on its back window. Levine is an obvious fan.

The building's brick exterior is cracked, crumbly, faded. It's the oldest warehouse in Phoenix; it's been standing since 1905. As of now, Levine isn't sure what this building will become. He's changed his budget for it numerous times but says that whatever he chooses to do, he'll make sure it correctly preserves the structure's history.

Levine walks from the building's interior; he's just been working on restoring the building with one of his few handymen.

Scott Blastick, a bricklayer by trade, has been working with Levine for about 12 years.

Levine said Blastick has hung around for so long because he's just as particular about his work, which can make it frustrating for either of them to work with anyone else.

Levine's eyes brighten as he shares the extremely detailed, historical stories behind the warehouse, as well as the other buildings he owns, which total roughly 120,000 square feet.

For his latest project, which opened in January, Levine worked with Phoenix and Arizona State University to create a graduate-student workspace just down the road from the Bentley Projects art gallery. ASU's Grant Street Studios houses studio space and a gallery for graduate art students, and Levine is helping to complete its second phase, expected to open in May 2015.

Bentley Projects is a project Levine took on in 1999. He talked owner Bentley Calverley into believing he could transform 215 E. Grant St. from a crumbling, moldy and frightening structure to one that was attractive enough for her to move her Scottsdale Bentley Gallery to Phoenix. He sold the space to Calverley in 2004.

To Levine, few appreciate the history behind the aged, sometimes dilapidated structures.

But Greg Brickey, an ASU architecture professor and the president of BDA Engineers, a design-based structural-engineering firm in Phoenix, believes in what Levine is doing.

Domino effect

Brickey said he agrees that many developers lack concern for buildings in the warehouse district, but he says that's just the Phoenix way of doing things.

"We tear things down to build something new, so I don't know if I can say that it's specific to the warehouse district. I think that in general Phoenix has always been a city that's torn itself down to build something new," he said.

To Levine, this approach creates a sort of domino effect, where when one building gets demolished, it makes it so the next one can go down, too.

"I'm straddling the difference between what I want for myself and my family, what I want from the city of Phoenix, what I want for the next 100 years, what I want for community development," Levine said. "I'm using real-estate development in Phoenix as a political statement."

The city's tendency to rebuild may remain a challenge for Levine. But for him, the future is all about technology, which he says will require cutting-edge construction and entertainment in the warehouse district to attract tech companies.

"It's the Wild West; you could build what you want, you could work outside all day long, there's no unions to put their thumb on you," Levine said. "All the things that attracted me over 20 years ago are the same things that attract people here now."

If he loses his battle for the warehouses, Levine thinks spaces will remain parking lots for a couple of decades, or turn into what he calls crappy stucco and block constructions.

"It will be a secondary town, and Phoenix shouldn't be a secondary town."

Runs in the family

For Levine, his interest in the history behind buildings began developing when he was a child in Brooklyn. Levine says he was fascinated by an old, faded New York Times newspaper, in which an article in the science section featured his grandfather's work on shortening the amount of time lead tests took.

Then came his aunt Anna, who as a young woman pretended she could weld and was the first person hired in the Brooklyn Navy Yard to help with the World War II effort.

Even Levine's uncle Pete, who died before Levine was born, was an inventor. Levine's research found that his uncle filed 26 patents between 1937 and 1966.

"All that stuff back in Brooklyn definitely helps me be tenacious in finding the history of these buildings," Levine said. "It's different than a photo. You can't visit a photo. When you're in the building, all that texture, the 100 years of scars and nicks and dings and transformation …"

Whether it's power washing the floor of the second phase of ASU's Grant Street Studios, meeting with prospective buyers or conceptualizing what he wants for what he deems "the baby," the Phoenix Feed & Seed building, most days are just go-go-go for Levine. On top of that, he has three children younger than 6.

Levine says his wife Heather, 42, and kids are his newest muse and have given him a completely different energy level. Most of all, Levine says, his family has made it so he fights for his buildings more now than ever.

"They (the kids) know the difference between the warehouses; they come in and they're like, 'Well, what happened here? Where's the machine?' " Levine said. "They're now part of the history of these buildings and they appreciate it."

Society speech

Michael Levine will speak to the Lambda Alpha International Phoenix chapter, the honorary society for the advancement of land economics, on April 29. His presentation on the Phoenix warehouse district will take place at 5 p.m. at 34 E. Jackson. Cost is free for members, $25 for non-members and $35 at the door. For more information and registration, visit www.lai-phx.org.
     
     
  #5788  
Old Posted Apr 15, 2014, 5:52 PM
ASUSunDevil ASUSunDevil is offline
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Deco Communities Building $25M Uptown Tower in Phoenix

Posted by Matthew Roy on Apr 15th, 2014

By Eric Jay Toll for Arizona Builder’s Exchange

Central Phoenix is about to get its first Deco condominium product. Deco Communities LLC has acquired an acre-and-a-half at Lewis and Central avenues, across from the Heard Museum. The company is planning an 80-unit, $25M contemporary loft style development priced in the high $200Ks.

In a formal announcement scheduled for release later this morning, Deco will confirm that Harley Ellis Deveraux, Los Angeles, is handling the design along with the Private Label International on the interiors. This is the pair that is designing Envy in Old Town Scottsdale (AZBEX, Apr. 4). A GC has not been named for Envy or the Phoenix lofts.

Deco paid $2.4M ($1.6M/acre) for the 1.4 acre parcel.

When working under the Starpointe banner, Deco Communities developed more than 3,000 condo units. Coming out of the recession, the firm made a name for itself by reinventing aging mid-century apartment complexes into hip, contemporary communities. There are six of the Cabana communities in Arizona and one in Las Vegas.
     
     
  #5789  
Old Posted Apr 15, 2014, 6:06 PM
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pbenjamin pbenjamin is offline
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Originally Posted by ASUSunDevil View Post
Deco Communities Building $25M Uptown Tower in Phoenix

Posted by Matthew Roy on Apr 15th, 2014

By Eric Jay Toll for Arizona Builder’s Exchange

Central Phoenix is about to get its first Deco condominium product. Deco Communities LLC has acquired an acre-and-a-half at Lewis and Central avenues, across from the Heard Museum. The company is planning an 80-unit, $25M contemporary loft style development priced in the high $200Ks.

In a formal announcement scheduled for release later this morning, Deco will confirm that Harley Ellis Deveraux, Los Angeles, is handling the design along with the Private Label International on the interiors. This is the pair that is designing Envy in Old Town Scottsdale (AZBEX, Apr. 4). A GC has not been named for Envy or the Phoenix lofts.

Deco paid $2.4M ($1.6M/acre) for the 1.4 acre parcel.

When working under the Starpointe banner, Deco Communities developed more than 3,000 condo units. Coming out of the recession, the firm made a name for itself by reinventing aging mid-century apartment complexes into hip, contemporary communities. There are six of the Cabana communities in Arizona and one in Las Vegas.
Interesting yet confusing. Central and Lewis is a couple of blocks north of the Heard Museum, not across from it, and there are no empty lots there. Hopefully today's announcement will clarify (and include a rendering).
     
     
  #5790  
Old Posted Apr 15, 2014, 6:45 PM
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Interesting yet confusing. Central and Lewis is a couple of blocks north of the Heard Museum, not across from it, and there are no empty lots there. Hopefully today's announcement will clarify (and include a rendering).
Maybe it will take the place of that terrible 1 story stucco building on the SWC of Central & Lewis. Assuming the Child help center is no longer in that building, it would be nice for once if a new development that required existing building demolition involved demolishing a horrible building, instead of something relatively nice and historic.

EDIT: It seems as though it is the SWC of Central and Lewis:

http://roselawgroupreporter.com/2014/04/...cels-trade-hands-combined-price-4125000/

That would be great for Shine Coffee to have a new 80 unit residential building next to them.
     
     
  #5791  
Old Posted Apr 15, 2014, 10:15 PM
HX_Guy HX_Guy is offline
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The project is on Central south of Thomas at 2346 N Central Ave
Phoenix, AZ 85004 where a building currently stands (which will be razed).

Rendering: http://media.bizj.us/view/img/2449061/screen-shot-2014-04-15-at-121818-pm*600xx584-389-0-0.png

I'm more interested in the other part of the article you posted though about the downtown parcel that sold this week at the NEC of 3rd St and Pierce. I wonder if the buyer has an actual plan for the parcel or they are just land banking.



Quote:
Deco Communities to build $22 million condo project in midtown Phoenix

Another midrise condominium project is in the works for the Valley, this time amid the office skyline of midtown Phoenix.
It could be the first major condo complex to rise up in the area since 2008, and is being built by the same company, Scottsdale-based Deco Communities, that is erecting the $32 million condo project in downtown Scottsdale, which I wrote about last week.
The $22 million complex, dubbed Edison Midtown, will be built along Central Avenue south of Thomas Road on a site that Deco purchased last week for $2.35 million. This summer Deco plans to raze an existing 23,000-square-foot office building, which once housed ChildHelp Children’s Center.
The five-story Edison project is slated to include 80 units ranging from 800 to 1,350 square feet with pricing starting in the high $200,000s.
Like the Scottsdale project, Edison will cater specifically to the tech-savvy, urban-inclined millennial generation with a courtyard pool, fitness and yoga center, bike storage and electric car-charging stations.
Residents will have access to 145 parking spaces in the subterranean garage and the neighboring Encanto/Central Avenue Light Rail station.
The local and national condo market has had a much more difficult time rebounding from the housing bust than the single-family sector, and new development has thus been minimal in recent years.
Deco’s projects could be an early sign of a condo comeback.
Rob Lyles, partner at Deco, said there has been $4.5 billion worth of infrastructure — including the Metro light rail, Arizona State University, etc. — added to downtown and midtown Phoenix since 2005, but very few new housing product.
“We’ve done a lot of research and feel like the time is right ... we felt now is a good time to be front runners,” Lyles said.
It also helps that Lyles and his partners Patricia Watts and Dan Richards have a good track record.
Deco was founded by the same group behind Starpointe Communities, which built 3,000 condo units in Arizona starting in the mid 1990s up until the housing bust. The trio then formed Deco and shifted its focus to renovating older, infill apartment projects under its Cabana brand.
“Financing for condos (unlike apartments) is really difficult if you don’t have a good track record,” he said.
Edison and the Scottsdale project, called Envy, are the first condo projects that Lyles, Watts and Richards have launched since the housing crash.
Lyles said they hope to stay on the condo development path moving forward.

http://www.bizjournals.com/phoenix/news/...d-22-million-condo-project.html?page=all

Last edited by HX_Guy; Apr 15, 2014 at 10:30 PM.
     
     
  #5792  
Old Posted Apr 15, 2014, 10:33 PM
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Originally Posted by HX_Guy View Post
The project is on Central south of Thomas at 2346 N Central Ave
Phoenix, AZ 85004 where a building currently stands (which will be razed).

Rendering: http://media.bizj.us/view/img/2449061/screen-shot-2014-04-15-at-121818-pm*600xx584-389-0-0.png
Looks nice. No, it's not tall, but it's a good location for new residential.

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Originally Posted by HX_Guy View Post
I'm more interested in the other part of the article you posted though about the downtown parcel that sold this week at the NEC of 3rd St and Pierce. I wonder if the buyer has an actual plan for the parcel or they are just land banking.
Yeah, I wondered the exact same thing. It would be cool if they were coming up with something rather than land banking/speculating.
     
     
  #5793  
Old Posted Apr 15, 2014, 10:42 PM
dtnphx dtnphx is offline
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The Business Journal story on Deco:

Deco Communities to build $22 million condo project in midtown Phoenix

http://www.bizjournals.com/phoenix/news/...92844144f674e291dd986763848&t=1397601582
     
     
  #5794  
Old Posted Apr 15, 2014, 11:36 PM
Jjs5056 Jjs5056 is offline
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Yes, the Deco team clearly knows urban design. 5 story condos/apartments will be fine for Midtown; studies show more active street activity from residents in midrises than highrises, and Midtown needs all the street activity it can get to jumpstart its commercial/retail market. I really don't think every project needs retail, but I wish this one would - with the museum across the way, maybe it'd have a shot at filling up. Midtown's best bet for a successful future is projects like these with active neighborhood retail, which will take the work of new construction, as well as retrofitting older buildings to address Central as we saw with Thomas/Central. That's been specifically addressed by the City, so hopefully others take the lead and start connecting the dots.

As for McKinley, didn't someone mention they heard the project was going to be large/in the same range as Alta? If so, I would think it is real. I think that area could really use a non-mega apartment building (like Alta and Roosevelt Pointe) with some variance in height; it's been a while since we've cleared 8 stories, and this lot is one of the few remaining non-city-banked for Biomedical purposes. It also would fill a nice gap in the skyline if it were to reach the 15+ range, which honestly, shouldn't be that unfathomable. More and more students and workers are coming to the area and any new product fills up pretty fast. There also aren't many taller rentals in that area, just the giant multi-building complexes.

So, it seems like there would be residential action at:
1) Lewis/Central: Edison Condos, 5 stories
2) Central/Highland: Elevation Highland, 5 stories (under construction?)
3) Central/Osborn: Broadstone Central, 4-5 stories (any movement?)
4) Central/McDowell: Lennar Homes, 4 story gated suburban garbage (any updates?)
5) Central/Wiletta: Artisan Haus II, unknown (anyone have details?)
6) 1st Ave/Roosevelt: Union, 4-5 stories (any more action?)
7) 4th St/McKinley: Unknown, unknown
8) 3rd St/Jackson: Ballpark Apartments, 5 stories (probably phased, with initial start possible by EOY?)
9) 3rd Ave/McKinley: 3rd Ave Townhomes, 3 stories (timeline?)
10) 2nd Ave/McKinley: 2 single-family restorations, 1 new single family home (timeline?)
11) 2nd St/Portland: 7 city lots to be filled with senior housing (70-80%), artist live/work, and market rate apartments (timeline?)
12) Cooper Place (forgot the crossroads)
13) All of the proposals for Washington and Jefferson near 12th St. - which made it and have they started work?

Also found a site with the following interesting projects we'd never discussed. Wonder if they are all dead?
14) 445 W Lincoln: Union Station Development, 600 units
15) 413 W Osborn: Timber Lofts, 54 units

Not bad. Let's just hope they all happen aside from McDowell. And, let's hope we someday get a decent-sized project to look forward to. Phoenix needs the density, and aesthetically, the neighborhoods are looking rather lame all at the same level.

Last edited by Jjs5056; Apr 16, 2014 at 12:10 AM.
     
     
  #5795  
Old Posted Apr 15, 2014, 11:46 PM
Jjs5056 Jjs5056 is offline
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Also, on the topic of Levine, one of the tenants of his buildings is looking for a new space shortly. Their name is Vintage Industrial, and they need around 2,000 square feet of warehouse space for their operations, and I also was talking to them about possibly incorporating a front showroom. I know at least a few of us who would love to look at, and purchase vintage hardware, scrap pieces, etc. leftover or discarded from their projects. I thought DeSoto might be a good fit, but with the market going there, I'm struggling.

I'm sure they'll have no problems finding the industrial space, but I think it would be nice to keep such a unique business downtown, especially one that wants to stay. Is the warehouse on Central available just north of Hance? It was once shown in a rendering as an all-vegan market? Maybe that could work?
     
     
  #5796  
Old Posted Apr 16, 2014, 12:40 AM
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Yes, the Deco team clearly knows urban design. 5 story condos/apartments will be fine for Midtown; studies show more active street activity from residents in midrises than highrises, and Midtown needs all the street activity it can get to jumpstart its commercial/retail market. I really don't think every project needs retail, but I wish this one would - with the museum across the way, maybe it'd have a shot at filling up. Midtown's best bet for a successful future is projects like these with active neighborhood retail, which will take the work of new construction, as well as retrofitting older buildings to address Central as we saw with Thomas/Central. That's been specifically addressed by the City, so hopefully others take the lead and start connecting the dots.
This is NOT across from the Heard Museum. Tapestry, which is a bit closer to the museum, yet not directly across from it, has a full complement of ground floor retail and it is empty.
     
     
  #5797  
Old Posted Apr 16, 2014, 3:30 AM
Jjs5056 Jjs5056 is offline
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That's because Tapestry, on top of high prices, was requiring tenants to pay for all/most T&I and return the space to the original state upon ending the lease. I think they may also not be equipped to handle kitchens, and so any restaurant would need to serve refrigerated foods only. And, let's be honest, restaurants-bars-cafes-coffee are really the mix we have to enjoy.

I guarantee there was interest in those spaces, and one was posted on this board 2+ years ago; it was going to be a 1920s-inspired bar.

Regardless, Midtown needs a sense of connectivity - a row of retail at Tapestry separated by miles of backsided offices won't revive the corridor. But, a unique eatery at the corner of a 5-story condo next to a local coffee shop will.

Again, not asking for Tapestry-level retail. Just enough for each project to gain a new neighborhood gathering place.
     
     
  #5798  
Old Posted Apr 16, 2014, 5:26 AM
Phxguy Phxguy is offline
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Originally Posted by Jjs5056 View Post
Also, on the topic of Levine, one of the tenants of his buildings is looking for a new space shortly. Their name is Vintage Industrial, and they need around 2,000 square feet of warehouse space for their operations, and I also was talking to them about possibly incorporating a front showroom. I know at least a few of us who would love to look at, and purchase vintage hardware, scrap pieces, etc. leftover or discarded from their projects. I thought DeSoto might be a good fit, but with the market going there, I'm struggling.

I'm sure they'll have no problems finding the industrial space, but I think it would be nice to keep such a unique business downtown, especially one that wants to stay. Is the warehouse on Central available just north of Hance? It was once shown in a rendering as an all-vegan market? Maybe that could work?
What do you mean with the market not going there?

Also that warehouse just north of Hance Park, last I checked, is going to be where the New City church is moving into.
     
     
  #5799  
Old Posted Apr 16, 2014, 3:54 PM
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PHX31 PHX31 is offline
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/\ He didn't say "not".

JS, it turns out that the warehouse we were bitching about down on 5th St and Jackson that has the demolition permit isn't actually going to be demolished imminently. I found the owners talking about it on some Facebook page and pulling the demolition permit is just part of "the process" so he says. He does want to figure something out for the space and doesn't necessarily want to knock it down. Maybe would something like that space work for the people you are talking about?
     
     
  #5800  
Old Posted Apr 16, 2014, 4:11 PM
exit2lef exit2lef is offline
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Originally Posted by Jjs5056 View Post
That's because Tapestry, on top of high prices, was requiring tenants to pay for all/most T&I and return the space to the original state upon ending the lease. I think they may also not be equipped to handle kitchens, and so any restaurant would need to serve refrigerated foods only. And, let's be honest, restaurants-bars-cafes-coffee are really the mix we have to enjoy.

I guarantee there was interest in those spaces, and one was posted on this board 2+ years ago; it was going to be a 1920s-inspired bar.
I think we have too much vacant ground-level retail, but you've argued that these spaces would be filled if only the landlords set realistic rents and expectations. How do we get from here to there? Are there zoning requirements, incentives, or other mechanisms that could actually lead to ground-floor retail being occupied instead of just becoming more vacant space? I can't support more ground-floor retail until I'm convinced something has changed to promote its occupancy.
     
     
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