at full build-out and comprise 5 million square feet of space, 3,191 multifamily units, 100,000 square feet of retail, two hotels, a public plaza and park and 6,300 parking spaces.
Councilwoman Ann O'Brien said the city's economic development department went through 25 different proposals for the property. "With this passage its future will be as bright and exciting as its roots and history. It comes at a time when we're working to make sure people have great housing in this community. There's new retail, which we hear from the community is very exciting and needed," Gallego said at the meeting."It is a property right on our light rail."Not everyone is happy about the redevelopment, however.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Singapore Latest News, Singapore Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Castles N' Coasters pushes back against city over construction as Metrocenter Mall redevelopment progresses - Phoenix Business JournalPhoenix City Council voted on another agreement for the major redevelopment of a defunct Valley mall. Meanwhile, the nearby Castles N' Coasters has raised concerns over the impacts of the project on its theme park. Here's how, and when, the redevelopment will proceed.
Source: phxbizjournal - 🏆 254. / 63 Read more »
DR Horton buys land in Phoenix metro, more deals to know - Phoenix Business JournalScottsdale-based Walton Global has acquired property on behalf of D.R. Horton Inc. Here's what is planned for the Valley land. Plus, read more about some of the latest and biggest real estate deals from across the Phoenix metro.
Source: phxbizjournal - 🏆 254. / 63 Read more »
IndiCap breaks ground on Eastmark Center of Industry near Phoenix-Mesa Gateway Airport - Phoenix Business JournalDeveloper IndiCap is just getting started in the Phoenix metro after the firm's launch in 2021. IndiCap looks to build projects in Mesa, Surprise, Buckeye, Casa Grande, Gilbert and within the city of Phoenix. The firm's latest project has just broken ground.
Source: phxbizjournal - 🏆 254. / 63 Read more »
Phoenix woman Celestine Strong faces federal prison in PPP loan fraud case - Phoenix Business JournalCourt documents show that the woman had conspired to submit loan applications with falsified employee and wage information and fake bank statements in an attempt to secure millions of dollars in PPP loans.
Source: phxbizjournal - 🏆 254. / 63 Read more »
Active agents down 34% in Phoenix in October - Phoenix Business JournalA Florida tech company that publishes a sales profile for real estate agents is seeing a considerable decline in the number of residential real estate agents in Phoenix.
Source: phxbizjournal - 🏆 254. / 63 Read more »