Archive for December, 2008

Downtown Walkabout: City of Tempe welcomes light rail

Mike Padgett -

Dec. 30, 2008 (Writer’s note: Downtown Phoenix rules the school these days, with the headlines dominated by the new Metro light rail, the expanded Phoenix Convention center, the new 1,000-room Sheraton Phoenix Downtown Hotel, Arizona State University’s expanded downtown campus and other new developments. But there is more to the Valley than Phoenix. As part […]

Read More..>>

Troubled Arizona teens learn leadership, journalism skills from Voices Inc.

Mike Padgett -

Dec. 23, 2008 When Ruwaida’s father and stepmother brought her to the United States from Saudi Arabia in early 2001, she was a wide-eyed 13-year-old. She anticipated a bright future in a nation with freedoms for women as well as for men. She dreamed about becoming a teacher. Or maybe a journalist for The New […]

Read More..>>

Arizona’s real estate market likely to hit bottom in late 2009, executive says

Mike Padgett -

Dec. 18, 2008 By late 2009 or early 2010, Arizona’s struggling real estate industry should start improving. That is the expert opinion of Kurt Rosene, senior vice president of national development at The Alter Group. Rosene offers his thoughts about several aspects of the market in a column he prepared for ArizonaNotebook.com.   What activity do […]

Read More..>>

Arizona Real Estate Highlights

Mike Padgett -

Dec. 16, 2008 Medical office building sold Grubb & Ellis/BRE Commercial has announced the $1.9 million sale of a medical office building in Scottsdale. The building at 9745 N. 90th Place was purchased by PG&J Properties LLC from Scottsdale Medical Building LLC. The buyer is a group of local doctors. They plan to relocate their […]

Read More..>>

Metro Phoenix’s commercial real estate struggling, but housing market may rebound by mid-2009

Mike Padgett -

Dec. 12, 2008 The credit, expansion and unemployment struggles facing local and national economies could last into 2010, with a few exceptions attributed to lower oil prices and interest rates, according to the “2009 Real Estate Forecast” from Grubb & Ellis/BRE Commercial in Phoenix. The report is a review of the metro Phoenix commercial real […]

Read More..>>

Arizona recession may ease as home prices hit bottom, economists say

Mike Padgett -

Dec. 11, 2008 The recession that started 12 months ago in Arizona could last longer than the previous two 16-month recessions, with much of the blame going to the state’s housing market, analysts say. “We are, in essence, paying the piper for the overbuilding of single-family housing that occurred between 2003 and 2006,” said Elliott […]

Read More..>>

Arizona community management group helping needy children

Mike Padgett -

Dec. 10, 2008 In the holiday spirit, one of Arizona’s largest community association management companies is assisting a nonprofit group that helps abused, neglected and at-risk children. AAM is donating $5,000 and hundreds of dollars worth of art supplies to Free Arts of Arizona, a nonprofit organization that – according to its Web site – […]

Read More..>>

Scottsdale Airpark’s annual progress stalled by economic slowdown

Mike Padgett -

Dec. 8, 2008 For the first time in nearly 20 years, vacancies are at a record high and jobs are down in one of Arizona’s largest commercial, office and employment centers, according to a new annual report. The stalled national and local economies are to blame for the Scottsdale Airpark’s downturn, which is expected to last […]

Read More..>>

Tempe’s Apache Boulevard group disbanding; says its work is done

Mike Padgett -

Dec. 8, 2008 After 12 years of working with city planners to reverse the decline of a key street in Tempe, a citizens group has decided to disband. The Apache Boulevard Project Area Committee was formed in September 1996 out of concern about deteriorating businesses along the street. The boulevard in Tempe once was part […]

Read More..>>

Arizona Notes: Fading towns, shrinking newspapers, notable restaurants

Mike Padgett -

Dec. 8, 2008 You might disagree but….  • It is sad to watch some of Arizona’s rural communities fade. They once were the state’s bustling towns. Today, some are at the brink of fading into history. Their youngsters have moved on, leaving their elders with weather-beaten homes, vacant lots where businesses once stood, and struggling […]

Read More..>>

Next »