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Old 09-24-2011, 01:32 PM
 
Location: Tokyo (but will always be) Phoenix, Az
923 posts, read 1,030,059 times
Reputation: 478
Quote:
Originally Posted by Valley Native View Post
There certainly is more demand for an active urban core than there was a decade or two ago.
No kidding. The first sign of recovery in the real estate market was with urban apartments and condos.
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Old 09-25-2011, 02:44 PM
Status: "Wake me up when September ends!" (set 11 days ago)
 
Location: East Central Phoenix
3,456 posts, read 4,402,810 times
Reputation: 3090
Quote:
Originally Posted by Phxguy View Post
No kidding. The first sign of recovery in the real estate market was with urban apartments and condos.
Downtown Phoenix has seen an upswing of those, but a good share of them were built in Tempe. Most of them are midrise buildings, but there are several that are highrise (such as Centerpoint, or West 6th as it's called now). Many of them were already under construction or in the planning stages before the downfall ... especially the ones around Tempe Towne Lake, and a few along Apache Blvd.
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Old 09-25-2011, 03:02 PM
 
Location: Tokyo (but will always be) Phoenix, Az
923 posts, read 1,030,059 times
Reputation: 478
Quote:
Originally Posted by Valley Native View Post
Downtown Phoenix has seen an upswing of those, but a good share of them were built in Tempe. Most of them are midrise buildings, but there are several that are highrise (such as Centerpoint, or West 6th as it's called now). Many of them were already under construction or in the planning stages before the downfall ... especially the ones around Tempe Towne Lake, and a few along Apache Blvd.
The fact that 44 monroe went from 5% occupied to being more than 80% is one sign of it. I believe with this recovery of the urban living market (apartments, condos, lofts) Downtown will see the boom we wanted. With some much having been put into place downtown (Stores, entertainment, resturants, and more) and now the recovery of the market we need most for downtown to succeed as a 24-7 place, I believe we have reached the tipping point.
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Old 09-25-2011, 10:05 PM
 
239 posts, read 189,439 times
Reputation: 268
I would love to live there and would dump my house in Mesa, but couldn't afford the maintenance fees
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Old 09-28-2011, 10:58 PM
 
3,257 posts, read 5,943,722 times
Reputation: 1826
Great story about a couple who was living in Queen Creek that has now rented that house and moved downtown, they love it and are saving hundreds of dollars per month.

Moving to downtown Phoenix has saved couple lots of money, time
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