Landmark on Central Condos – Not So Hot

We Know Urban Realty has been luke warm on Landmark on Central High Rise Condos for some time, largely due to reported problems with the infrastructure of the building. In fact, on our Landmark on Central info page we flat out say that we won’t represent people looking to buy there until they educate themselves on the problems in the building.

The issues that we had been concerned with were rumors of electrical and air conditioning problems.  Now Fox News is reporting that residents are suffering with no heat in the building due to two broken boilers.

We say it all the time, hire an experienced and knowledgeable real estate agent.  I think the issues at Landmark on Central drive that point home.

Opus West hopes neighborhood negotiations put project back on track – The Business Journal

Opus West, which had its plans for a mixed-use development project on the southeast corner of Camelback Road and 44th Street shot down at the July 10 meeting of the Camelback East Village Planning Committee, has decided to renegotiate with neighbors and delay meeting with the Phoenix Planning Commission until September.

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Property firm makes 6th buy in Avondale – AZ Republic

Rose Properties Southwest LLC continues its Southwest Valley buying spree with the $5 million purchase of its sixth property in Avondale.

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Ritz-Carlton Resort Planned in Scottsdale Area

Five Star Buys Development Site for $89.5 Million; Mixed-Use Project Slated at $1.4 Billion

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Light-rail housing/retail project moves forward – AZ Republic

The art of compromise goes a long way in politics and Planning and Zoning, with a few key changes moving Mesa’s first light rail-oriented project closer to approval.

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‘Mushroom’ bank safe; rezoning bid shot down – AZ Republic

The fight to save the Valley’s "mushroom bank," an Arcadia architectural icon built in the 1960s, doesn’t look like it will end anytime soon.

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Density Vs. Transit

There’s a lot of elbow room in the "Valley," the nickname local residents call Metro Phoenix.

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Infill projects build single-family homes – AZ Republic

Infill development: meet your old friend, the single family home.

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SunCor, ASU jump-start project after complaints from Tempe, airport – East Valley Tribune

The massive Marina Heights development on the shores of Tempe Town Lake appears to be back on track after running into trouble just a week ago.

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As Condos Rise in South Florida, Nervous Investors Try to Flee – New York Times

MIAMI, May 25 — As dozens of condominium towers conceived during Florida’s real estate boom near completion, investors who snatched up units in the preconstruction phase in hopes of turning a quick profit are increasingly trying to break contracts, even walking away from fat deposits.

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