Tempe Development Thread - Page 306

ASUSunDevil · #**6101** Posted **Sep 17, 2015, 12:24 AM**

Rooftop pool and it will break ground in November!

http://www.bizjournals.com/phoenix/news/...kimpton-to-bring-hotel-to-new-tempe.html

Obadno · #**6102** Posted **Sep 17, 2015, 9:25 PM**

Quote:

Originally Posted by ASUSunDevil

Rooftop pool and it will break ground in November!

http://www.bizjournals.com/phoenix/news/...kimpton-to-bring-hotel-to-new-tempe.html

Also Monti's is being restored as a historical monument and then turning into a micro-distillery that will make custom spirits.

Obadno · #**6103** Posted **Sep 18, 2015, 8:01 PM**

http://www.bizjournals.com/phoenix/news/...-restaurants-retail-infill-proposed.html

The Rural Bookstore being replaced with some general retail.

Street facing including some Patio seating. Nothing too special but a nice addition!

dtnphx · #**6104** Posted **Sep 22, 2015, 11:08 PM**

Bob Parsons buys Tempe property off Mill Avenue with high-rise development potential

Mike Sunnucks
Senior Reporter
Phoenix Business Journal

GoDaddy founder Bob Parsons’ real estate group has bought another commercial property.

Parsons’ YAM Properties LLC acquired a commercial building and site at Fifth Street and Ash Avenue in downtown Tempe for $6 million. The property is just west of Mill Avenue. Business Real Estate Weekly of Arizona first reported the sale.

Joseph Hindbo’s JAH Ventures LLLP sold the Tempe property to Parsons. The property currently has an existing 17,000-square-foot building that is leased to technology company Brightcove Inc. It was also previously home to a McDuffy’s sports bar location, according to BREW.

BREW also reports previous redevelopment plans at the site included a 26-story tower that could include offices. Hindbo said there is development potential at the property but redevelopment will still face some zoning issues.

Hindbo said he owned the property for three years. Parsons and YAM have acquired some other properties in Tempe and Scottsdale, including near the most recent acquisition. YAM executives could not immediately be reached for comment.

Parsons founded the GoDaddy (NYSE: GDDY) web domain firm. He’s recently been making a number of real estate buys and other investments.

Mike Sunnucks writes about residential and commercial real estate, government, law, sports business and workplace issues.

ASUSunDevil · #**6105** Posted **Sep 23, 2015, 10:25 PM**

Saw a new zoning sign today at 700 W. 1st St. (directly west of Skywater) for Crescent Rio - Plans call for 363 residential units (some live/work) on 3.6 acres.

This coincides with the zoning sign at 500 W. 1st St. (between 525 Town Lake and Regatta Pointe) for Broadstone Lakeside, which will encompass 168 units on 2.5 acres.

1st St. is going to have a TON of residents soon.

MegaBass · #**6106** Posted **Sep 24, 2015, 8:12 PM**

fly thru of the Hayden Flower Mill redevelopment (YouTube)

Spitfiredude · #**6107** Posted **Sep 24, 2015, 8:21 PM**

Quote:

Originally Posted by MegaBass

fly thru of the Hayden Flower Mill redevelopment (YouTube)

Super cool. I wish they could transform those into apartments instead of hotel. I would so live there and I think it would make more sense considering Kimpton and AC both across the street and Mission Palms directly south.

PHXFlyer11 · #**6108** Posted **Sep 25, 2015, 12:45 AM**

Quote:

Originally Posted by MegaBass

fly thru of the Hayden Flower Mill redevelopment (YouTube)

Wow. VERY IMPRESSIVE! That intersection is going to be so alive! Very excited to see this is moving forward. I feared it was dead.

MegaBass · #**6109** Posted **Sep 30, 2015, 5:52 AM**

Hanover (Jacob Stanek)

dtnphx · #**6110** Posted **Sep 30, 2015, 3:25 PM**

Quote:

Originally Posted by MegaBass

Hanover (Jacob Stanek)

Washington, D.C.? Boston? Baltimore? Oh, wait...Tempe.

phoenixwillrise · #**6111** Posted **Sep 30, 2015, 4:13 PM**

NIce Building just think it's weird it says Hanover on Mill when it isn't on Mill.
What am I missing?

Obadno · #**6112** Posted **Sep 30, 2015, 4:24 PM**

Quote:

Originally Posted by phoenixwillrise

NIce Building just think it's weird it says Hanover on Mill when it isn't on Mill.
What am I missing?

The whole area has taken on the moniker. Nobody calls it "downtown Tempe" they call it mill or "on Mill" or "down on Mill"

kind of like Roosevelt row, the name is organic so we should go with it.

PHXFlyer11 · #**6113** Posted **Sep 30, 2015, 4:34 PM**

Quote:

Originally Posted by Obadno

The whole area has taken on the moniker. Nobody calls it "downtown Tempe" they call it mill or "on Mill" or "down on Mill"

kind of like Roosevelt row, the name is organic so we should go with it.

Yes, it's the concept of Place. If you are close to an area of high interest or desire you're much better of associating with that place in your name so that people know you are in a desirable area. If they called themselves "Hanover on 5th" 95% of the people in the Phoenix area would not know what that meant. 5th and what? 5th St, Ave, Phoenix, Tempe, Mesa, ect? "On Mill" makes it very clear where they are located to anyone in Arizona and many beyond.

phoenixwillrise · #**6114** Posted **Sep 30, 2015, 8:47 PM**

Why not Hanover off Mill?

Obadno · #**6115** Posted **Sep 30, 2015, 9:44 PM**

Quote:

Originally Posted by phoenixwillrise

Why not Hanover off Mill?

well now you are just being rediculus

PHXFlyer11 · #**6116** Posted **Sep 30, 2015, 10:52 PM**

Quote:

Originally Posted by phoenixwillrise

Why not Hanover off Mill?

"Off" has a negative connotation and seems to indicate away from. If I am a developer and in the business of making money, I'd want people to know that I am "on" or very damn near Mill, especially if I decided to reference Mill in the name of my development.

They see it as a positive that they are near Mill and want to emphasize that with their target audience. They are literally a couple hundred feet away. I see nothing wrong with that or the name itself. You could argue that someone wouldn't want to live right on Mill, but I would argue that's not the demographic they've chosen to pursue.

The address of a place and it's actual name are rarely the same. Plus as another poster mentioned, Mill can be perceived solely as a street, or more broadly as the DT Tempe area. It actually was referred to as the Mill Avenue District up until a couple of months ago.

phoenixwillrise · #**6117** Posted **Oct 1, 2015, 5:34 AM**

Do you guys make this stuff up as you go? Who died and declared you the guru of declaring how they should define if off Mill or on Mill is more correct and then act like you way is the "right" way and say anyone with a differing opinion is ridiculous? (at least spell the word correctly) Does Off Broadway in NYC ring any bells? You all need to get out more and see more cities and bury your myopic views. I say there would be absolutely nothing wrong with saying Hanover Off Mill so how does that grab you?

Obadno · #**6118** Posted **Oct 1, 2015, 9:11 AM**

Quote:

Originally Posted by phoenixwillrise

Do you guys make this stuff up as you go? Who died and declared you the guru of declaring how they should define if off Mill or on Mill is more correct and then act like you way is the "right" way and say anyone with a differing opinion is ridiculous? (at least spell the word correctly) Does Off Broadway in NYC ring any bells? You all need to get out more and see more cities and bury your myopic views. I say there would be absolutely nothing wrong with saying Hanover Off Mill so how does that grab you?

Well, I was clearly being cheeky.

But regardless its not myopic to understand why they would say "on mill" that's the common way people refer to things in that area "on mill" its identifiable and makes perfect sense.

also, calling it off mill would be dumb as hell you're opinion is bad and you should feel bad. Don't be so sensitive.

asugrad · #**6119** Posted **Oct 1, 2015, 11:55 AM**

Hello all!
Does anyone know what is going into the old Wendy's on Rural and Apache. They have been tearing up the driveway and added a new signage area on the front of the building. I couldn't find anything on it in the development list.

PHXFlyer11 · #**6120** Posted **Oct 1, 2015, 3:20 PM**

Quote:

Originally Posted by phoenixwillrise

Do you guys make this stuff up as you go? Who died and declared you the guru of declaring how they should define if off Mill or on Mill is more correct and then act like you way is the "right" way and say anyone with a differing opinion is ridiculous? (at least spell the word correctly) Does Off Broadway in NYC ring any bells? You all need to get out more and see more cities and bury your myopic views. I say there would be absolutely nothing wrong with saying Hanover Off Mill so how does that grab you?

I simply was stating developers generally like to be on or close to something. That's what they want to portray so they can charge more for rent or purchase. Sure, someone could call it "off Mill" but why would they do that when it is litterall a couple hundred feet from being ON Mill?? I'm not saying it's right or wrong, it's just what developers do.

Off Broadway refers to theaters or plays located in, appearing in, or associated with an area of New York City other than the Broadway theater district, typically with reference to experimental and less commercial productions.

That is completely different and exactly why a developer wouldn't want to use the term OFF! Do they want their places to seem less appealing? No.