Archive for January, 2008



AZ Republic – The Super Bowl in Arizona: then and now

The Arizona Republic
Jan. 11, 2008 11:42 PM 
 

When 125,000 Super Bowl visitors spill into the Valley in just a few weeks, there will be no shortage of things for residents to boast about. Since Arizona last played host to the big event in 1996, we’ve added dozens of miles of freeways, erected high-rises in downtown Phoenix and along Tempe Town Lake and built Scottsdale into an after-hours mecca with new megaclubs, restaurants and bars.Oh, and let’s not forget the $455 million football palace in Glendale where Super Bowl XLII will be staged on Feb. 3, the centerpiece of the West Valley city’s new sports-and-entertainment district.  But along with all the new attractions, the region’s population has swelled, creating greater traffic congestion and more pollution.

Phoenix Sky Harbor International Airport

• 1996: 30 million passengers.

• 2007: 42 million passengers. Greater traffic has forced Phoenix’s Sky Harbor to boost its capacity since 1996. An additional runway, new control tower, one-stop-shop rental-car facility and more gates and security lanes are among the improvements.

The expansion has allowed the airport to better serve large numbers of passengers, especially during large events.

Over the past decade, the airport has added two extra concourses at Terminal 4, giving its largest and busiest terminal an additional 15 gates.

Helping travelers make their way through the airport are the purple-jacketed Navigators. The volunteer program, which began in 2000, is now 400 strong and will be out in force during Super Bowl week.

If the goal is to make passengers’ airport experience smoother, nothing has made a greater impact than Sky Harbor’s $285 million car-rental center, near 16th Street and Buckeye Road. Rental companies previously were scattered around the airport. Today, all 13 companies are under one roof and are served by a common bus fleet, eliminating roadway congestion and customer confusion.

Downtown Phoenix

• 9 million: Square feet of development since 1996.

• 6,350: Residential units added since 1996. • 1,200: Hotel rooms added or under construction.

The downtown Phoenix skyline has changed dramatically in the past 12 years, adding job centers and a hotel, thousands of residential units, convention space and a major sports stadium. Signs of the Valley’s light-rail system, set to open in December, are ubiquitous.

Yet Copper Square, downtown Phoenix’s 90-block core, still appears to have one foot in its past and one in its future. New buildings such as the $46 million Translational Genomics Research Institute, or TGen, overlook dilapidated homes and vacant lots.

Since 1996, downtown has seen about $3 billion in development, including Chase Field (1998 opening), home of the Arizona Diamondbacks; Arizona State University’s new downtown campus (2006); and the University of Arizona College of Medicine (2006), a joint project with ASU in historic Phoenix Union High School buildings.

The Collier Center and Phelps Dodge Centre together brought 1 million square feet of office space to downtown in late 1999.

Downtown’s crown jewel is the city-run Convention Center, now amid a $600 million expansion. When completed in early 2009, the center at 100 N. Third St. will total nearly 900,000 square feet.

The NFL already has taken notice, booking its Super Bowl Media Center at the new West Building (2006 opening) and its Taste of the NFL charity event at the existing South Building.

Said Steve Moore, president and CEO of the Greater Phoenix Convention & Visitors Bureau: “2009 is the year of Phoenix’s emergence as a more viable convention destination, with the arrival of light rail, convention expansion and the new (1,000-room) Sheraton Hotel.”

Metro Phoenix population

• 1996: 2.9 million.

• 2006: 4.1 million. There is a reason why rooftops have multiplied, roads are more congested and the sky is a little bit hazier. The Valley of the Sun has added more than 1 million residents over the past 12 years.

In fact, Phoenix overtook Philadelphia last year to become the fifth-largest city in the country. And Arizona has consistently been among the fastest-growing states in recent years.

From 1996 to 2005, the amount of time Phoenix commuters spent stuck in traffic increased more than 100 percent to 81.7 million hours a year, according to the Texas Transportation Institute.

During the same period, the amount of particulate matter in Arizona skies has increased by 40 percent to nearly 85,000 tons, according to the state Department of Environmental Quality.

As development expands, residents are feeling more removed from the desert’s natural landscape, said Professor Patricia Gober, co-director of Arizona State University’s Decision Center for a Desert City.

“Not only have we added all of these people over the past 10 years,” she said, “but the land area consumed puts us further from the open space, desert views and expanses which attracted many people to the region in the first place.”

Downtown Scottsdale Annual visitors to Scottsdale

• 1996: 6.4 million. • 2006: 7.7 million.

Downtown Scottsdale has seen a resurgence in recent years, with new developments such as the Scottsdale Waterfront and SouthBridge bringing the Mix shops, Olive & Ivy and other high-profile businesses to both sides of the Arizona Canal.

The popular resort city has retained its charm as the “West’s Most Western Town,” with dozens of gift shops and art galleries dotting Old Town Scottsdale. But an edgier side has emerged, with chic nightclubs, lounges and restaurants such as Myst and Six that are sure to be major magnets for Super Bowl fans.

Over the past seven years, $3.4 billion of private investment has flowed into downtown, said Rick Kidder, president and CEO of the Scottsdale Chamber of Commerce.

“Scottsdale has always done well during the Super Bowl, and it will continue to do well,” Kidder said. “But with downtown making the strides that it has, the presence of downtown will make an even larger impact this time around than it did last time.”

Stadiums

• 1996 Super Bowl: Sun Devil Stadium (opened 1958).

• 2008 Super Bowl: University of Phoenix Stadium (opened 2006). After Sun Devil Stadium played host to the 1996 Super Bowl, NFL owners told Arizona officials that the big game wouldn’t return until they built a new stadium. The game and hospitality were tremendous, but there were concerns about inadequate restrooms, uncomfortable bleachers and a lack of big-money suites at the Tempe landmark.

It wasn’t until a new venue broke ground in Glendale in 2003 that owners awarded Arizona this year’s big game.

“University of Phoenix Stadium is a state-of-the-art building built not just for Cardinals games but for Super Bowls,” said Cardinals President Michael Bidwill, whose team shares the venue with the Fiesta Bowl. “It’s really the catalyst for Arizona winning the bid.”

Glendale’s $455 million stadium is the first in North America to feature a retractable roof and a rollout natural-grass field. The features allow the 63,400-seat facility, expandable to 73,000 for mega-events, to host a range of events, from soccer tournaments to trade shows to rock

Tempe Town Lake Land value of 743-acre district surrounding the lake: 1996: Less than $15.4 million.2007: $93.6 million.

During Super Bowl XXX at Tempe’s Sun Devil Stadium, hundreds of fans parked their cars in the dry Salt River bed. That was in 1996, three years before the first drop of water even flowed into the 220-acre Tempe Town Lake.

Today, the man-made lake is booming with activity, from festivals to triathlons to dragon-boat races. And it’s sparked multimillion-dollar developments along the lakefront, including the modern mixed-use project known as Hayden Ferry Lakeside and Tempe Center for the Arts.

A number of other high-rise condos, office buildings and hotels will dominate the north and south banks of the lake in years to come.

Transportation Freeway miles in Maricopa County:

• 1996:
161.
• 2007: 262.

One hundred miles. That is the amount of freeway the Valley has added since 1996 to keep pace with growth as development pushes out into the desert. The bulk of that effort has been the completion of Loop 101, which shoots north from the Loop 202 interchange in Chandler, runs through Tempe and Scottsdale, cuts across north Phoenix and heads south through Peoria and Glendale until it reaches Interstate 10.

Loop 101′s Agua Fria segment will be a critical corridor during Super Bowl week, linking University of Phoenix Stadium in Glendale and neighboring venues with the rest of the Valley.

Other road projects by the Arizona Department of Transportation include Red Mountain and Santan extensions of Loop 202 and improvements to U.S. 60 along Grand Avenue.

“ADOT has been busy building to keep up with rapid growth in the Valley, to keep up with the movement of people and commerce,” spokesman Timothy Tait said.

AZ Republic – Its luxury homebuilder vs. Scottsdale as trial begins

Lesley Wright
The Arizona Republic
Jan. 9, 2008 04:54 PM 
 

Luxury home builder Toll Brothers Inc. faced off Wednesday with Scottsdale, opening one of the priciest condemnation lawsuits in Arizona history. The $73 million, high-stakes case launched on an emotional note, with Toll Brothers attorney Dale Zeitlin objecting twice to Scottsdale’s opening statement and then demanding a mistrial.

It was denied by Maricopa Superior Court Judge Paul A. Katz.  Both attorneys agreed that the nine jurors will decide one single point after a two-week battle of appraisers – what was the fair market value of a piece of land Scottsdale seized on Jan. 16, 2004, for the city’s McDowell Sonoran Preserve.Toll says the site at Thompson Peak Parkway and Bell Road was worth $107 million.

Scottsdale values it closer to $34 million.

Scottsdale and Toll have had a long time to work up righteous indignation for the conflict.

Toll bought the 783-acre parcel at a state trust-land auction in 2002, after Scottsdale had informed bidders that the city would take the eastern half of the site for the Gateway entrance to the preserve.

Scottsdale had hoped for a quick flip, not much above the final auction price of $87,000 an acre.

Toll had other calculations for the fair market value of the land. and the two sides have been locked in a bitter feud ever since.

Land with gorgeous views

Zeitlin has first shot at the jury, showing pictures of the parcel and describing nearby neighborhoods so wealthy that residents pay $6 for a gallon of high-octane racing fuel at a local service station. He described the condemned eastern side as everything a developer could want, with a slight downhill slope and gorgeous views. Toll was left with the flat western side that surrounded an “ugly” 215-acre floodplain, among other problems, Zeitlin said.

“What Toll bought was this pretty crummy piece of property and a lawsuit,” he said.

Zeitlin asked jurors to consider “comparable” land sales made between 2000 and 2005 to consider where the price would have fallen in January 2004. Toll puts that price at $280,000 an acre.

Value set before boom

Scottsdale Assistant City Attorney Bruce Washburn shot back that the standard rules of appraisal keep the comparison of nearby sales limited to six months on either side of the condemnation date. That was well before the real estate boom that would send values through the roof by 2005. Washburn walked the jury through the history of the preserve and explained why Scottsdale did not simply bid for the parcel when it went to auction.

Voters approved using a special preserve tax to acquire preserve land and half the site was outside that area, restricting how much of the land the special tax could buy. He said the city’s general fund was under too much pressure from post-9/11 tourism downturn to put together a bid for the entire parcel.

Washburn added that Scottsdale could not condemn the land in 2002 because the Arizona State Land Department still owned the site, making condemnation impossible.

“The city went after this land as soon as it could,” Washburn said.

By the time it did, a number of appraisers put the fair market value of the land at $85,000 an acre, he said.

Taxpayer funds at stake

Zeitlin objected twice, saying that the jury would be prejudiced by Washburn’s explanation that taxpayer funds are at stake in the trial. He also objected when Washburn brought up some pre-auction talks between Scottsdale and then-Toll attorney John Berry.

Katz overruled him on both counts, saying that Zeitlin had opened the door to the issues during his opening statement.

The trial continues today at the court’s Northeast Regional Center, 18380 N. 40th St.


East Valley Tribune – Scottsdale accused of lowballing lands value

Scottsdale accused of lowballing land’s value

Ari Cohn, Tribune

Lawyers for Toll Brothers developers accused Scottsdale in court Wednesday of lowballing the value of property condemned for the McDowell Sonoran Preserve, since the city paid nearly seven times as much per acre for land next door at WestWorld of Scottsdale soon afterward.

The city’s lawyers countered that Toll Brothers is trying to wrangle a $40 million windfall profit at the expense of taxpayers.

Attorneys for both sides made their remarks during opening arguments in the eminent domain trial of a lawsuit the city filed against the developer in Maricopa County Superior Court,

“The only issue we’re talking about is the fair market value of this land,” said Toll Brothers lawyer Dale Zeitlin.

The city condemned the 383-acre parcel of vacant desert east of Thompson Peak Parkway between Bell Road and Union Hills Drive in January 2004.

The city’s appraisal estimates the land’s value at close to $34 million. Toll Brothers’ appraisal comes in at about $107 million, Zeitlin said Wed. He said the condemned land is the eastern half of a larger, nearly 800-acre parcel the company bought at an Arizona state Land Department auction in 2002 for about $87,000 an acre.

And that’s the price Scottsdale wants to pay per acre of the condemned land, which it intends to transform into the Gateway Access Area, the main trailhead and parking area for the planned 36,000-acre McDowell Sonoran Preserve. The site is to house the future multimillion-dollar Desert Discovery Center.

But Zeitlin said the fair market value of the land should be determined by looking at the sale of other properties nearby around the same time. Just one year after Scottsdale condemned the gateway property, the city bought an 80-acre parcel that straddles 94th Street on the north side of Bell Road, just south of the disputed land, for $600,000 an acre, he said.

“Real estate is about the neighborhood,” Zeitlin said. “The city paid $14 million more a year later for a property that’s one-fifth the size. This is right down the street from the subject property.”

Had the city not condemned the land, Toll Brothers could have built 380 homes on the property and charged significantly more than $87,000 per acre, Zeitlin said.

Toll Brothers believes that the land is worth $280,000 an acre.

Assistant City Attorney Bruce Washburn said the developer stands to make a nearly $40 million profit off selling half the land it bought from the state for a total of $68 million to the city for $107 million. He said Toll Brothers knew the eastern half of the land would never be developed with residential homes, and so the developer can’t base the land’s value on the sale price of nearby developed parcels.

After Mayor Mary Manross was unsuccessful in convincing the Land Department to put only the 393 acres for the preserve up for auction in 2002, rather than the entire 800 acres, city officials approached all the likely buyers, including Toll Brothers, to let them know the city intended to acquire the preserve acreage, Washburn said.

“Toll Brothers knew very well that they were never going to build any houses on it because they city was going to buy it,” he said.

The city couldn’t bid on the land at auction because it could use funds set aside for the preserve only for the eastern half of the property within the preserve boundary, he said. The remaining funds for the western half would have had to come from the General Fund, and the city couldn’t afford it at the time.

But after buying the property, Toll Brothers reneged on the agreement and demanded a much higher price, forcing the eminent domain action, Washburn said.

He said the city’s purchase of land nearby at WestWorld was a special case, and should not be used to set the price of the gateway parcel. Scottsdale had to buy the Bell Road parcel to provide parking for major events at WestWorld like the Barrett-Jackson Collector Car Auction, the Arabian Horse Show and the FBR Open golf tournament, he said.

“WestWorld is a big deal for the Scottsdale economy. They had to have it for parking,” Washburn said.

Nevertheless, the WestWorld parcel has sat vacant since the city bought it in 2005 for nearly $48 million, despite calls from those same major events that it be opened up for parking. There are no definite plans for its use, although proposals range from selling it off to turning it into a park.

The setting of the value of the gateway parcel is expected to go to the jury in the next two weeks, setting the price the city would have to pay the developers for condemning the land.

The gateway area could be completed as early as September 2009, but the interpretive nature center is likely three to five years away, officials have said.

Yahoo.com – 8 stategies for buyers in a flooded market

This information was provided by: Yahoo.com – Steve McLindes & Bankrate.com 

 **The Holm Group is here to assist you with all of your selling needs**

480-206-4265 

1. Negotiate, negotiate. There’s a glut of homes on the market — more than twice the average inventory in some markets. Yet there are fewer prospective buyers with whom to compete, and considerably more room for after-the-purchase value appreciation than a few years ago. Sellers are fixing up their places like never before in hopes one serious buyer will come along. Your chance to pick up a quality home for a big discount may never be better than the present. Keep those counter-offers coming. And let the seller pay all the commissions! Remember, virtually everything in a real estate transaction is negotiable.

2. Think local. I’ve said it before: All real estate is local. Employ the standard strategy of examining recent sales prices of local comparable, or “comp” houses. But take it a step further. Ask your agent for the original listing prices of comp houses and compare them to the actual sales prices. Many Internet sites also have this information. This data will give you the clearest picture of what sellers were willing to accept for their homes in your neighborhood and can help you determine just how low you can go on your offer.

3. Don’t bank on further market drops. If you have the means, pounce on that oh-so-sweet deal. This cycle appears to be at or near the bottom. You can’t confidently count on the market sinking any lower, even though it may.

4. Keep resale potential in mind. Sure, you always seek out properties with that at-home feel. But if you can find homey in or near a growing medical district, growing university or other vibrant employment center, your resale universe down the road will always be larger than the market average.

5. Look beyond cosmetics. A tired-looking house in a great area may be a much better bargain in the overall scheme of things than a sprightly, higher-priced home in the same area. Yet many of these slightly worn homes, lest they be on the foreclosure auction block, are getting roundly ignored. There are some diamonds in the rough out there now!

6. Consider off-peak sales seasons. Yeah, there’ll still be bargains aplenty come the prime spring and summer selling season and plenty of inventory to peruse. But fall and winter can be the time of especially acute seller discontent. Sellers may be more motivated to take your lowball offer then — especially if it’s the only one they get!

7. Use your buying leverage. Ask the seller’s agent when the seller bought the home, how much he paid for it, and why he’s selling. In a seller’s market, the seller would likely thumb his nose at you upon such a request. Now, they may give it a thumbs up instead.

8. Ask for contingencies. When you’ve agreed on a sales price, make your offer contingent on the home appraising at that sum, on passing the buyer’s inspection and on you obtaining financing. Work in as much legal wiggle-room as you can so you’ll be able to back out without risking your earnest money should things go sour or another opportunity arise.Copyrighted, Bankrate.com. All rights reserved.

www.theholmgroupaz.com

Yahoo.com – 8 Moves for Home Buyers and Sellers in 08

This information was provided by: Yahoo.com – Steve McLindes 

**The Holm Group is here to assist you with all of your selling needs**

480-206-4265 

1. Understand what “market value” means. It’s not what your friend sold his house for two years ago or even two months ago. It’s not the value your latest tax assessment was based on or what an appraiser said the house was worth a year ago. It is exactly what someone is willing to pay for your house today. Hence, price realistically and broaden incentives, such as closing costs and throw-ins like appliances, flat-screen televisions, etc. There is an old saying: “There’s nothing wrong with a home that the right price can’t fix.” 

2. Don’t be an as-is seller. That is, unless you absolutely have to be one. Potential homebuyers aren’t looking for fixer-uppers in the current market unless they are rock-bottom, bargain-basement priced. Large volumes of foreclosed homes are already being sold in poor condition at auction.

3. Hire a top performer. These days, you need an agent who outshines the others and routinely posts better-than-average sales numbers year after year. Agencies may try to steer you toward less-seasoned agents, but if you’re paying the commission, then the hire should be your call. The best agents have an innate sense for that right price and right marketing plan. They can suggest the necessary repairs and tweaks while targeting your home to the right buying group. Caveat: In selecting an agent, the percentage of listings sold is generally a better performance barometer than a high volume of sales.

4. Know your market’s nuances. No two markets are exactly alike. Yes, most sellers are now swimming upstream. But there are always counter currents to consider. In many areas, modestly priced homes have bigger buying pools because tighter mortgage qualifications are keeping buyers out of more expensive homes. A little research and a savvy agent can give you an edge and an education.

5. Use the Internet. According to compete.com, total time spent online rose 24.3 percent from the fall of 2006 to the fall of 2007. Yes, people are still scoping out newspaper classified ads and real estate listing magazines, but more and more Americans have been wired to at least start their home shopping online.

6. Use other people’s money. You don’t have to sell for a big loss to get out from under your rising mortgage payments. If you can, rent out your home for a sum that covers your house payments, insurance, taxes and maintenance costs. Do try to roll in a slight buffer to cover unanticipated expenses. And realize you’ll need capital to refresh the place when the market stabilizes and you take off your landlord hat to prep the home for sale again. Or consider offering lease-to-own terms to your renter and you may not have to worry about the future sale.

7. Become a “lender.” Tough times call for unconventional measures. Consider carrying part of the buyer’s note with interest, secured by an asset belonging to the buyer. Do so only after a thorough credit check and only if you can afford to wait for the balance of the purchase price. This, by the way, is not a game for the faint of heart.

8. Simplify and neutralize. In this sales environment, you’ve probably already been told to focus on curb appeal, add fresh landscaping and de-clutter the house by removing family photos and heirlooms or other items you don’t need or use on a daily basis.

But let’s take it a step further. Paint your rooms neutral colors. Hire a redesign or home-staging firm to help you present your home in optimal condition and give potential buyers a chance to envision their possibilities there. And while you’re at it, get a pre-listing inspection, which will reveal any defects your home has and allow you time to make repairs. Then provide a copy of the report to buyers, attaching a list of the fixes you made.  

www.theholmgroupaz.com

AZ Republic – Desert Ridge land auction postponed until March 08

Michael Clancy
The Arizona Republic
Jan. 8, 2008 03:33 PM
 An auction of Desert Ridge land that had been scheduled for Feb. 28 has been pushed into March.

The State Land Department owns the 205.6-acres, one of the last remaining large parcels in the Desert Ridge area.

The parcel wraps around the northern and eastern sides of the golf course at the J.W. Marriott Desert Ridge Resort, north of Deer Valley Drive. Most of the acreage is on the eastern side of the golf course, along 56th Street, and it wraps around the northern side, along Pinnacle Peak Road.
Paul Meka, director of land acquisition for Arizona Village Communities, which has applied for the land, said the delay until March 11 took place because the Land Department had to reconfigure the terms of the sale.

The department initially built the cost of infrastructure right of way into to the entire price, and the infrastructure portion of $640,450 had to be separated from the $42 million purchase price.

The total price comes to more than $200,000 an acre, relatively low for Desert Ridge. The most recent sale of a large parcel there brought in more than $550,000 per acre in April, and a smaller parcel sold for more than $1 million an acre in May. One other large parcel, about 265 acres at the southeastern corner of 56th Street and Pinnacle Peak Road, is unsold in Desert Ridge.

The Desert Ridge Specific Plan, which governs development in the area, allows 1,098 homes to be built in the area to be sold in March, but Meka said the unusual configuration of the parcel and other issues likely will restrict the number to fewer than that.

But even with 1,098 units, that is less than half the density of the most recently approved development in Desert Ridge, where 3,700 homes will be built on 270 acres near Deer Valley Drive and 40th Street.

Meka said Arizona Village Communities intends to make a bid. He said he has heard of no other competition for the parcel.


www.theholmgroupaz.com

AZ Republic – Luxury homebuilder, city to face off over land

Lesley Wright
The Arizona Republic
Jan. 7, 2008 12:25 PM

SCOTTSDALE – After two long delays and years of negotiations, luxury homebuilders Toll Brothers and Scottsdale will finally face off in court Tuesday.

The trial, expected to last about two weeks, could decide the largest condemnation case in Arizona history, with an estimated $85 million at stake.

The case started in 2002, when Toll bought at auction 800 acres of state trust land on the western slopes of the McDowell Mountains, near Bell Road and Thompson Peak Parkway. Scottsdale quickly condemned the eastern 383 acres for a gateway entrance to the McDowell Sonoran Preserve.

The two sides are arguing over the value of the undeveloped land.

Maricopa County Superior Court Judge Paul Katz will preside over the case, Scottsdale v. Edmunds-Toll Construction Co., at 8:30 a.m. in the court’s Northeast Regional Center, 18380 N. 40th St.

AZ Republic – Scottsdale Pavilions sold, will undergo renovations

Diana Balazs
The Arizona Republic
Jan. 7, 2008 12:25 PM

SALT RIVER COMMUNITY – Phoenix-based De Rito Partners Development Inc. has bought the Scottsdale Pavilions shopping center for $88 million with plans for major redevelopment and expansion.

De Rito bought the property from Scottsdale-based Spire North LLC and Spire South LLC.

De Rito will invest more than $25 million in renovations, add 150,000 square feet of retail, and launch a community outreach program to obtain feedback on future plans for the property.

The 135-acre center is bisected by Indian Bend Road, just west of Loop 101, on the Salt River Pima-Maricopa Indian Community. Built in two phases from 1989 to 1991, it includes 1.1 million square feet of retail space.

The center will continue to operate during the redevelopment. Major retailers include Target, Circuit City, Best Buy and Home Depot.

AZ Republic – Luxury apartments get nod from key review board

Lesley Wright
The Arizona Republic
Jan. 4, 2008 08:16 AM

 Scottsdale Development Review Board members asked to see more “edge” but otherwise praised a luxury apartment complex planned for Fifth Avenue.

“I personally would like to see something a little edgier, more creativity, more interest and more eccentricity,” said Councilwoman Betty Drake, who chaired the board’s meeting Thursday.

Developers made the first of four pitches to convince planning commissioners, design reviewers and City Council members to allow some development variations and a rezoning for the proposed Hanover mixed-use project.

A group of developers has proposed building 232 apartments reaching up five stories to 65 feet. The building would spread over a 6.1-acre triangular site bounded by Fifth Avenue on the north and west, Goldwater Boulevard on the east and Indian School Road on the south.

The buildings include retail shops on the ground level and would step back so the highest part would be in the middle of the site.

Zoning attorney John Berry said that Scottsdale has not had new luxury apartments built downtown for at least a decade and would add a vital element to the city’s plans for revitalization.

“It’s an assemblage of old and underutilized parcels,” he said.

The Ramada Inn, Village Inn and an office building would come down to make way for the Hanover project.

Resident Darlene Petersen, who has voiced concern over the height and massing of some recent projects, said that she liked this one.

“This is not too tall and looks like a good product,” Petersen said.

Board members said they liked the variety of retail spaces planned for the first level but thought the top stories of the apartment and the flat roofline could look dull from a distance.

“I still want to see some opportunity for public outdoor spaces on the roof,” said Commissioner Michael D’Andrea.

Commissioner Jeremy Jones told the developers to be less concerned about matching the older, historic parts of town.

“We’d almost like to see a modern contrast with that,” Jones said.

Windgate Ranch Update – Jan 2008 (Phase 2 Now Open)

 Windgate Ranch – Jan 2008

Phase 2 of the community is now open!!!

www.theholmgroupaz.com  

Nestled in the foothills of the magnificent McDowell Mountains, it’s a spectacular community in the High Sonoran Desert where emphasis is placed on an active family lifestyle. Windgate Ranch is a master plan which offers exciting amenities, exquisite residential choices and a fabulous lifestyle. Inspired by the best in Southwest living, the community reflects a touch of Old-World Spanish hacienda-style architecture, inviting courtyards and romantic balconies. As a homeowner in Windgate Ranch, you’ll enjoy a casual yet elegant Southwestern lifestyle. If you are looking for a home in Windgate Ranch, call The Holm Group today at 480-767-2738Prices and availability are subject to change up until the time of contract. 

Current InventoryTo schedule an appointment to see call 480-206-4265 

  • 9945 E Southbend Dr 2292 sqft Listed for $637k
  • 9937 E Southbend 2937 sqft – Listed for $652k
  • 10043 E Hillside Rd 2985 sqft – Listed for $796k
  • 10007 E Hillside 3856 sqft – Listed for $868k
  • 17735 N 99th Pl 2789 sqft – Listed for $882k
  • 9835 E Desert Jewel Dr 3977 sqft – Listed for $1,076k
  • 17678 N 98th way 4196 sqft – Listed for $1,161k

  Just a few reasons to work with The Holm Group 

  • My  clients purchased 6 homes in Windgate Ranch in 2006-2007
  • I will have a resale available in Windgate Ranch in mid January
  • I have a number of top ranking websites that focus on driving traffic specifically to buyers that are looking to move into your community. (www.theholmgroupaz.com)
  • I sold 40% of my own listings in 2005 by representing both the buyer and seller
  • Six of the homes I sold in 05-06 were sold exclusively without ever going onto the MLS.  In turn, saving my clients ten of thousands of dollars 
  • I offer flexible commission plans and multiple ways to list your property

  Representing Buyers and Sellers in Windgate Ranch, Andrew Holm, ABR

Sterling Fine Homes & Land The Holm Group Office: 480-767-2738  Cell: 480-206-4265

Email: Andrew@theholmgroupaz.com

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