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:
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Why the Phoenix metro is important to PetSmart - Phoenix Business JournalPetSmart's CEO said the retail company is competitive in its wages especially in the Valley where it pays more than $25 an hour at its distribution centers. phoenix
Source: phxbizjournal - 🏆 254. / 63 Read more »
Phoenix construction costs outpace nation, labor shortages expected in 2023 - Phoenix Business JournalAs general contractors complete a backlog of projects in 2022, industry insiders told the Business Journal they expect to see a slowdown in construction activity moving into 2023 and even into 2024 for nonresidential development as some future projects are put on hold.
Source: phxbizjournal - 🏆 254. / 63 Read more »
TSMC highlights challenges, operations at Phoenix factory to compete for Chips Act funding - Phoenix Business JournalThe semiconductor giant said it has hired more than 1,000 workers for its Phoenix plant so far and is working through construction challenges. In addition, TSMC highlighted the number of suppliers its working with in Arizona and its future plans for the state.
Source: phxbizjournal - 🏆 254. / 63 Read more »
ACE Awards 2022: Business Journal reveals fastest-growing, biggest companies in Phoenix area - Phoenix Business JournalThe Nov. 17 event drew more than 300 guests to the Scottsdale Center for the Performing Arts. Besides recognizing Arizona’s 50 largest private businesses and 25 fastest-growing businesses, four special awards were presented to CEO of the Year, Rookie of the Year, Innovator of the Year and Community Impact.
Source: phxbizjournal - 🏆 254. / 63 Read more »
ACE Awards: Phoenix-based RPG Brands had 'perfect storm' for growth - Phoenix Business JournalRPG Brands, which encompasses Modern Flames electric fireplaces, Grand Canyon Gas Logs, and Wildfire Outdoor Living, saw revenue double from 2020 to 2021 and won the Rookie of the Year honors at the 2022 ACE Awards. Here's how the company's president set RPG Brands up for success.
Source: phxbizjournal - 🏆 254. / 63 Read more »
LPGA Tour returns to Phoenix with new tournament in 2023 - Phoenix Business JournalAfter moving the Founders Cup from the JW Marriott Desert Ridge Resort to New Jersey in 2021 and not having a tournament in Phoenix in 2022, the LPGA announced Nov. 18 it would be returning to the Valley in 2023.
Source: phxbizjournal - 🏆 254. / 63 Read more »