Quote:
Originally Posted by Obadno
How in the hell can you say Phoenix is peaked like a rust belt city?
We have near record growth in the region constantly, the highest population downtown in decades???
Phoenix isn't in decline, we aren't losing people and businesses to other cities. What are you talking about.
|
It still perplexes me with all the development the Phoenix core is going through, there is still so much negativity.
As a person that lived in the rustbelt for 43 years, I can say with confidence that Phoenix has not peaked like a rustbelt city. Even Cincinnati...which is having a Downtown construction boom right now does not even have half the growth that Phoenix is going through. Louisville, Dayton, Columbus, Indy and Pittsburgh can't claim this much development activity...and I don't recall the last time these cities came close to seeing this much construction. The 70's?
When all these residential units are completed and filling up, the jobs will follow. These new residents will want to work close to home. The company's will follow when it is the right time. I expect to see more office space getting proposed in a year or so from now when the new residents are flowng in.
BTW, there is another 3 story office building planned just around the corner from the Transwestern development on McDowell. It's a small lot, but still takes up an empty space. It's these kinda projects that help fill the empty areas. Give it time. Bigger projects will happen.