Urban Infill Opportunities, Phoenix, AZ (2013-14)

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Are you looking for a building in Phoenix for your business? Ever wonder about the City process? Is it getting easier to redevelop? Are you looking to invest in a building for a restaurant or retailer?

Join the City of Phoenix and Local First Arizona for a lively discussion on infill and adaptive reuse. This series of Reinvent Phoenix community forums brings together knowledgeable panelists to discuss the latest trends and opportunities in and around downtown Phoenix. In addition, available buildings or vacant lots are featured.

For more information about the series, contact Kimber Lanning at kimber@localfirstaz.com or 602-956-0909.

Published in: Real Estate, Business, Technology
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Urban Infill Opportunities, Phoenix, AZ (2013-14)

  1. 1. PHOENIX FINANCIAL CENTER, APRIL 1, 2014 MIDTOWN PHOENIX
  2. 2. • Business Occupancy • Building: 1,680 sq ft • Lot Size: 9,339 sq ft • Zoning: Downtown Core – McDowell Corridor • Infill Development District • Leasing Agent: Colliers Intl., 602-222- 5000 137 W. MCDOWELL RD.
  3. 3. • 2323 N. 3RD ST. • Business Occupancy • Building: 5,360 sq ft • Lot Size: 12,877 sq ft • Zoning: Commercial Office • Infill Development District • Antonio & Teresa Dominguez, 3150 N. 41st Pl., Phoenix, AZ 85018
  4. 4. • Business Occupancy • Building: 7,728 sf • Lot Size: 32,358 sf • Zoning: R-5 Residential Infill Single Family Attached Infill • Infill Development District • Owner: William & Patricia Mandel Trust, 4072 19th St., San Francisco, CA 94114 2833 N. 3RD ST.
  5. 5. 3293 N. 3RD ST.
  6. 6. 2517 N. CENTRAL AVE. • Vacant Lot, list $199K • Lot Size: 8,350 sf • C-2 HRI Zoning & TOD-1 Overlay • Single Family Attached Development Option • Infill Development District • Sarah Casey Hulsey (John), 5010 E. Calle Redonda, Phoenix, AZ 85018
  7. 7.  Restaurant space with rooftop deck. There is a citation on this for unpermitted work.* • Lot size: 43,728 sf • Building size: 3,981 sf ground and 2,277 sf above • Zoning C-2 High Rise Incentive District; P-1 (parking); TOD-1 (Transit Overlay District 1) 15% parking reduction allowed; Infill Development District • Owner: Galiano Investment Corp., 388 W. 8th Ave., #201 BC Canada 2633 N. CENTRAL AVE.
  8. 8. • Business Occupancy • Building: 2,842 sf • Lot Size: 11,748 sf • Zoning: C-3 TOD-1 (Transit Overlay District 1) • Owner: MACP Properties LTD, 1480 E. Bethany Home Rd., #130, Phoenix, AZ 85014 3825 N. CENTRAL AVE.
  9. 9. PLAYHOUSE ON THE PARK, FEBRUARY 4, 2014 MIDTOWN PHOENIX
  10. 10. • Business Occupancy • Building: 1,680 sq ft • Lot Size: 9,339 sq ft • Zoning: Downtown Core; McDowell Corridor • Infill Development District • Leasing Agent: Colliers Intl., 602-222- 5000 137 W. MCDOWELL RD.
  11. 11. 1402 N. 2ND ST. • Vacant Lot • Lot Size: 6,197 sq ft (2 parcels) • Zoning: Downtown Core; Townsend Park Character Area • Single Family Attached Development Option • Infill Development District • Leasing Agent: West USA Realty, Millicent Jones, 480-948-5554
  12. 12. • Business Occupancy • Building: 5,360 sq ft • Lot Size: 12,877 sq ft • Zoning: Commercial Office • Infill Development District • Antonio & Teresa Dominguez, 3150 N. 41st Pl., Phoenix, 85018 2323 N. 3RD ST.
  13. 13. • Business Occupancy • Building: 7,364 sq ft • Lot Size: 11,839 sq ft • Zoning C-2 & TOD-1 Overlay • Infill Development District • Alvin Hutchinson, 2400 E. Biltmore Cir., #1150, Phoenix, 85016; Encore Realty, 480-755- 1600 3236 N. 3RD ST.
  14. 14. • Business Occupancy • Building: 2,884 sq ft • Lot Size: 10,067 sq ft • Zoning: C-2 HRI & TOD-1 Overlay • Infill Development District • Bryant Elretha Knight Trust, 7 Maverick Ln., Rolling Hills, CA 90274 2501 N. CENTRAL AVE.
  15. 15. • Vacant Lot • Lot Size: 8,150 sq ft • C-2 HRI Zoning & TOD-1 Overlay • Single Family Attached Development Option • Infill Development District • Sarah Casey Hulsey, 2214 Fairview Rd., Raleigh, NC 27608 2517 N. CENTRAL AVE.
  16. 16. A.E. ENGLAND BUILDING, OCTOBER 15, 2013 DOWNTOWN PHOENIX
  17. 17. Building Places that Matter DESIGN FOR THE BROADER ENVIRONM ENT
  18. 18.  The heyday of exurbs may well be behind us. ~ Robert J. Shiller, economist, Yale  Shiller, co-creator of a Standard & Poor's housing index, is perhaps best known for identifying the risks of a U.S. housing bubble before it actually burst in 2006-2007. Examining the current market, he believes America is now at a turning point, shifting away from faraway suburbs to cities amid persistently high gasoline prices. WHAT IS NEXT FOR PHOENIX?
  19. 19.  OLD  Privately funded  Grew organically  Almost 100% locally owned businesses  Located in mainly older buildings  Limited parking  NEW  Publicly funded  Planned  Almost 100% national brands  Located in all new development  Maximum planned parking OLD PASADENA OUTPERFORMS NEW 2-1 IN SALES TAX REVENUE
  20. 20. New Life for Old Buildings CITY OF PHOENIX ADAPTIVE REUSE PROGRAM
  21. 21.  Renovating existing buildings for new uses  Promotes sustainability and preservation  Reduces urban sprawl and environmental impact  Use of existing public infrastructure ADAPTIVE REUSE
  22. 22. Citywide Buildings permitted prior to 2000 Buildings up to 100,000 sf Varying degrees of relief Some excluded uses ADAPTIVE REUSE PROGRAM ELIGIBILITY
  23. 23.  Regulatory relief  Streamline development process  Help from Office of Customer Advocacy BENEFITS OF ADAPTIVE REUSE PROGRAM
  24. 24.  Personal assistance working through the development process  Central point of contact  Pre-project research  Liaison between design team and city staff  Facilitate and resolve technical issues OFFICE OF CUSTOMER ADVOCACY
  25. 25. SUCCESSFUL ADAPTIVE REUSE PROJECTS
  26. 26. ANGEL’S TRUMPET ALE HOUSE
  27. 27. CAPRIOTTI’S
  28. 28. WINDSOR
  29. 29. THE YARD
  30. 30. QUESTIONS?
  31. 31. Existing vintage buildings create vital incubator spaces for entrepreneurial spirit essential to any thriving city The greenest building of all is an existing building WHY ADAPTIVE REUSE SO IMPORTANT
  32. 32. Lorenzo Perez ~ Venue Projects Tim Sprague ~ Habitat Metro Matt Seaman ~ MetroWest PANEL DISCUSSION
  33. 33. 816 E. WASHINGTON
  34. 34. 816 E. WASHINGTON
  35. 35. 4020 E. WASHINGTON
  36. 36. 3644 E. VAN BUREN (THEN)
  37. 37. 2502 E. WASHINGTON
  38. 38. 3030 E. WASHINGTON
  39. 39. 3207 E. WASHINGTON
  40. 40. 3230 E. WASHINGTON
  41. 41. 4002 E. WASHINGTON

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