Wal-Mart Supercenter opening in Metrocenter in 2016

[KurtAZ]

That really is too bad...when we first moved to Phoenix we lived in the Hotel there on property for about a month. I always thought it was cool that they had an ice rink in a mall. Ah well...it has been sliding downhill for years, the only reason we go over there is for Castles and Coasters.

[Ztonyg]

Originally Posted by Potential_Landlord

No doubt the area has big potential with the right concept. I think one of the problems we have here in Phoenix is the "grow on the fringes and neglect the core" policy. We are good at building out nice new neighborhoods at the fringes but we are not so good at preventing older neighborhoods from slipping into less and less desirable areas.

Over the past 10 years or so the city seems to be fairly good about redeveloping developed areas. Arcadia, the Central corridor, Downtown, and even Sunnyslope have seen new development recently. The Metrocenter area is ripe for further investment.

[azriverfan.]

Originally Posted by Ztonyg

Over the past 10 years or so the city seems to be fairly good about redeveloping developed areas. Arcadia, the Central corridor, Downtown, and even Sunnyslope have seen new development recently. The Metrocenter area is ripe for further investment.

This is true but it's being done out of necessity. At some point, you will get too far from the epicenter that it doesn't make sense any longer. Some of these newer communities are ridiculously far. It's one thing if you are 20-30 minutes outside of the central corridor. It's another thing if you are 1 or more hours away. People recognized that and are now clamoring for more centralized and proximal areas versus living out in the middle of nowhere regardless of how nice it is.