No stranger in representing multifamily and land opportunities, Chip Kloppenburg and John Trujillo with Sperry Van Ness in Phoenix are ready to make their own “land” mark at 5252 S. 36th Street in Phoenix. The team is representing the seller. The 9.64 acres are located only 10 miles from the recently approved Loop 202 extension off Pecos Road.
The decision to end three decades of political squabbling finally came to an end last month and it’s become a huge milestone for the valley’s transportation needs. This will finally complete the original 202 loop system that opened up for traffic in 2006, known as the Red Mountain Freeway.
“Any developer should be excited about this land parcel because there are so many amenities in the area. You have schools, the airport nearby, a few golf courses, and most importantly freeway access, including the upcoming extension.” Kloppenburg said, “This is a great opportunity and plenty of land to use for a great economic development.”
This freeway link is proposed in connecting the east and west of Pecos Road and then north and south between 55th and 63rd avenues connecting Interstate 10 on each end. This could also be an economic boom for the Gila River community and all commercial properties within the vicinity, paving the way for more visitors in all directions.
Plans to extend the Loop 202 freeway around the Phoenix area’s southern edge are nearing final approval, and owners of approximately 200 homes are being told they’ll soon have to find new places to live.
The proposed South Mountain Freeway would extend from Interstate 10 near the Ahwatukee section of southeast Phoenix with I-10 on the metro area’s west side.
The project has been on the drawing boards for decades, but the state Department of Transportation recently sent letters to people whose property lies in the path of the freeway.
ADOT spokesman Tom Tait says appraisal of homes is about to start but that ADOT won’t begin purchasing properties until the Federal Highway Administration approves the project.
ADOT expects that approval early next year. Construction could begin early as 2016.
Cassidy Turley announced it has completed a 15,000 square foot lease for Ace Hardware, at Desert Foothills Plaza located at 1323 East Chandler Boulevard in Phoenix.
Vice President Brent Mallonee of Cassidy Turley’s retail group represented Ace Hardware in the lease transaction. The landlord, Phoenix-based Foothills Plaza LLC was self-represented. Mallonee has been appointed to handle leasing on the remainder of the available space.
“This was a great transaction to be a part of, and it became a full circle deal. I met the tenant through a separate landlord represented deal we completed a few years back and was engaged to work with Ace Hardware on the Ahwatukee Foothills location. The transactions lead to a new listing with Desert Foothills Plaza. When we deliver service on a transaction that generates business for the future, we’re doing something right.” said Mr. Mallonee.
Desert Foothills Plaza is retail neighborhood center in the heart of the Ahwatukee Foothills, a young family, high income submarket of the southeast valley. The project currently includes a Bank of America, Big O Tires, Chase Bank, Grease Monkey and Walgreens. The area is surrounded by residential, golf courses, recreation parks and has easy access to Pecos Road a frontage road to the South Loop 202. The South Loop 202 extension is planned to run along Pecos Road.
Phoenix (December 10, 2010) – Ahwatukee residents are not enamored with the current Loop 202 plan in which a freeway cuts through their community and South Mountain. Those plans can change if the Gila River Indian Community (GRIC) Tribal Council decides in January to recommend a possible extension of Loop 202 on reservation land south of Ahwatukee Foothills.
Officials from the Maricopa Association of Governments (MAG), the Arizona Department of Transportation (ADOT) and the GRIC transportation technical team have been meeting since August to discuss freeway alignment alternatives. Between now and January, GRIC members will attend meetings at which they can voice opinions and ask questions about the possible extension of Loop 202 on reservation land. Tribal officials, including Gov. William Rhodes, have said the primary motivation for this alignment alternative discussion is not economically driven but rather about protecting the ecology of South Mountain.
Ahwatukee residents were encouraged to hear that GRIC’s freeway discussion is moving forward because the current plan involves taking out a church, more than 100 homes in Ahwatukee Foothills and 64 homes in south Phoenix, and cutting through three ridges in the South Mountain preserve.
A series of meetings are scheduled to take place before the wish of Ahwatukee residents may be granted by a vote of the GRIC Tribal Council in January. The first community meeting took place Saturday in Gila River’s District 6 south of Ahwatukee and Chandler. Community members who attended the meeting reviewed maps of the current planned alignment – a 22-mile eight-lane freeway that would connect Laveen to Chandler through Ahwatukee and South Mountain Park – and a new plan to build the freeway about one-half mile south of Ahwatukee on reservation land. Community members presented several questions and comments, including concern for the cultural and economic impact of the freeway altogether as well as the related impact upon people in terms of things like air quality.
Upon completion of the community meetings, the Tribal Council will either vote on whether to approve the freeway alignment or defer the issue to a ballot in which the community at large will make the decision. Either way, Ahwatukee Foothills residents are encouraged by the ongoing discussion and the willingness of GRIC to consider this freeway alternative from the current alignment which they have been actively opposing.
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