Phoenix Development News (3) - Page 573

ASU Diablo · #**11441** Posted **Dec 6, 2017, 10:28 PM**

Quote:

Originally Posted by Phxguy

Walked by Cityscape earlier, I guess Charming Charlie is closing. They're having a 30-50% sale with a sign saying "everything must go." Hate to see retail go, but it's a prime corner, I hope another store fills the space quickly.

Subway at Luhrs has also closed, referring customers to their Monroe/Central location.

It's been like that for months...it's not going anywhere, just your normal sale gimmicks.

biggus diggus · #**11442** Posted **Dec 6, 2017, 10:35 PM**

I'm amazed Charming Charlie's has survived as long as it has.

fawd · #**11443** Posted **Dec 6, 2017, 11:05 PM**

The council subcommittee approved (unanimously) $500k investment to build the 20 parking spaces from Hines/Collier Center.

I guess that project could be coming sooner than anticipated!

PHXFlyer11 · #**11444** Posted **Dec 6, 2017, 11:20 PM**

Quote:

Originally Posted by airomero83

It's been like that for months...it's not going anywhere, just your normal sale gimmicks.

Actually this time they really are done. And not just in downtown Phoenix, but most of their stores (if not all) nationwide.

mdpx · #**11445** Posted **Dec 6, 2017, 11:57 PM**

Quote:

Originally Posted by fawd

The council subcommittee approved (unanimously) $500k investment to build the 20 parking spaces from Hines/Collier Center.

I guess that project could be coming sooner than anticipated!

$500K for 20 parking spaces? Crap.

gymratmanaz · #**11446** Posted **Dec 7, 2017, 12:36 AM**

I am excited by the Hines/Collier project. Another out of nowhere but i think will add much to the area!!!

exit2lef · #**11447** Posted **Dec 7, 2017, 1:00 AM**

Quote:

Originally Posted by fawd

The council subcommittee approved (unanimously) $500k investment to build the 20 parking spaces from Hines/Collier Center.

I guess that project could be coming sooner than anticipated!

Please help me understand why this is a positive development. Downtown already has more parking than it needs, and even if Downtown had a parking shortage, 20 spaces would hardly make a dent. The price per space also seems exorbitant, showing just how much money is wasted on overbuilt, underpriced parking. Was this somehow a critical step to make a larger project work? If not, it seems like a questionable decision.

ASU Diablo · #**11448** Posted **Dec 7, 2017, 1:16 AM**

Quote:

Originally Posted by exit2lef

Please help me understand why this is a positive development. Downtown already has more parking than it needs, and even if Downtown had a parking shortage, 20 spaces would hardly make a dent. The price per space also seems exorbitant, showing just how much money is wasted on overbuilt, underpriced parking. Was this somehow a critical step to make a larger project work? If not, it seems like a questionable decision.

see the post above...related to 21+ story residential tower in Collier Center

fawd · #**11449** Posted **Dec 7, 2017, 2:07 AM**

Quote:

Originally Posted by exit2lef

Was this somehow a critical step to make a larger project work?

Bingo.

Wouldn't go as far as to call it 'critical'. But it's a step forward none-the-less!

exit2lef · #**11450** Posted **Dec 7, 2017, 2:46 AM**

Quote:

Originally Posted by airomero83

see the post above...related to 21+ story residential tower in Collier Center

This?

"the Developer and the City has identified there is a need for additional public parking in the vicinity, and the developer has agreed to build at least 40 additional parking spaces. The Developer will then sell half of those spaces to the City and these approximately 20 spaces will be under total City ownership, which will assist in bringing new tenants into Downtown Phoenix"

Plenty of surplus capacity exists in all the other garages around the area. I understand that developers sometimes build excess parking capacity due to the demands of their investors and misguided minimum parking regulations, but it's sad to see the city actually paying for more parking to be built in what is supposed to be a walkable urban area served by high-capacity transit.

gymratmanaz · #**11451** Posted **Dec 7, 2017, 3:16 AM**

20 spaces to get a 21 story building. NO BRAINER!!!

biggus diggus · #**11452** Posted **Dec 7, 2017, 4:03 AM**

I remain unconvinced.

combusean · #**11453** Posted **Dec 7, 2017, 5:21 AM**

Quote:

Originally Posted by biggus diggus

I guess if you consider a cosmetic facelift of a place that houses nothing but medical billing offices and call centers plus a few 9-5 restaurants a "win" then there's no point in trying to discuss it with you.

Investment in a revitalization area is a win. Park Central is a small win, but it's a win nonetheless.

combusean · #**11454** Posted **Dec 7, 2017, 5:22 AM**

Quote:

Originally Posted by exit2lef

Please help me understand why this is a positive development. Downtown already has more parking than it needs, and even if Downtown had a parking shortage, 20 spaces would hardly make a dent. The price per space also seems exorbitant, showing just how much money is wasted on overbuilt, underpriced parking. Was this somehow a critical step to make a larger project work? If not, it seems like a questionable decision.

I'm with exit2lef. $500k is a huge amount of money. It could plant hundreds of trees, which would do vastly more for downtown than 20 parking spaces. Maybe if we had hundreds of more trees downtown, we'd be getting a 40 story building with no subsidy.

Obadno · #**11455** Posted **Dec 7, 2017, 3:15 PM**

Quote:

Originally Posted by combusean

I'm with exit2lef. $500k is a huge amount of money. It could plant hundreds of trees, which would do vastly more for downtown than 20 parking spaces. Maybe if we had hundreds of more trees downtown, we'd be getting a 40 story building with no subsidy.

That's not really how it works though, you need people and businesses' downtown that demand the trees. and then it just sort of builds on itself from there.

Everyone needs to calm down downtown is just starting to hit its stride.

gymratmanaz · #**11456** Posted **Dec 7, 2017, 3:25 PM**

AMEN, Obadno.

azsunsurfer · #**11457** Posted **Dec 7, 2017, 3:46 PM**

The City is facing a massive budget shortfall coupled by it's inability to mange it's pension liabilities yet it has money for 20 parking spaces at half a million dollars?

Obadno · #**11458** Posted **Dec 7, 2017, 4:29 PM**

Quote:

Originally Posted by azsunsurfer

The City is facing a massive budget shortfall coupled by it's inability to mange it's pension liabilities yet it has money for 20 parking spaces at half a million dollars?

Id rather it spend money on development then on overgenerous pension plans from the 1960's

biggus diggus · #**11459** Posted **Dec 7, 2017, 5:07 PM**

Quote:

Originally Posted by Obadno

That's not really how it works though, you need people and businesses' downtown that demand the trees. and then it just sort of builds on itself from there.

Everyone needs to calm down downtown is just starting to hit its stride.

We are also rapidly approaching the end of a residential building cycle and over-saturation. My concern is spending $500K on parking spaces as a sop to a developer and it may well end up with them not building. It's a very realistic possibility.

exit2lef · #**11460** Posted **Dec 7, 2017, 5:36 PM**

Here's the video of the meeting. I'm even more disappointed to learn that these 40 spaces are surface parking, not in a garage, making the price per space even harder to justify. If 40 public spaces are needed, they could easily be added with more on-street parking in the surrounding blocks -- something the city needlessly shies away from in favor of too many travel lanes on Washington and Jefferson.

https://youtu.be/6oi-7BDX1TE?t=3m20s