Bidwills plan Glendale's first skyscraper near stadium

[Garthshort]

Since the Stadium Opened

Has there been any hotels/restaurants opened in the immediate area? And if so, how close to the stadium? Any info would be appreciated.

 

[Southpaw]

Sounds like the Wayne Huizenga business plan to me, but then I am just guessing.

Public pays for physical stadium, owner / tenant uses the attraction to pump up their own financial status. Thank you taxpayers. Happens all over America. Doesn't make it right.

 

[Southpaw]

I am curious as well. When has a high rise ever been a money loser?

South Florida is full of them.

 

[Duckjake]

South Florida is full of them.

Really?

From the South Florida Sun-Sentinel May 24th 2007:

Space in South Florida's commercial real estate market has gotten scarce and expensive,

BTW: Anyone know what's going on with the development right next to the stadium, Westchase or something like that?

 

[JeffGollin]

Logical follow up questions:

1. Will the Cardinals move their corporate offices to the Glendale skyscraper?

2. If so, would the Cardinals move their training facility to Glendale to be closer to the corporate offices?

 

[Gambit]

I am curious as well. When has a high rise ever been a money loser?

The only thing I can think of is no one wants to lease there because it's so out of the way. I don't really know the area or the market for office space though.

 

[Southpaw]

Really?

From the South Florida Sun-Sentinel May 24th 2007:

Space in South Florida's commercial real estate market has gotten scarce and expensive,

BTW: Anyone know what's going on with the development right next to the stadium, Westchase or something like that?

South Florida commercial construction is backboned by drug funds. Those never dry up. When the powdered up finance boys need to take their " clean " money out, weird things happen. BTW, the Sun Sentinel does millions in Real estate advertising and as wise business people they ain't biting the hand that feeds them. My customer base was once heavily laden with real estate folks, commercial included. They ain't advertising anymore, but the Sun Sentinel is cutting deals on their space.

 

[Scott MS]

They don't have one...they are just the typical fans that bash ANYTHING the Bidwills do.

No bashing, just pointing out that the most successful thing the Cards team has done since coming to Arizona is building the stadium. Maybe the Bidwill's are better at construction projects?

 

[AZCB34]

The only thing I can think of is no one wants to lease there because it's so out of the way. I don't really know the area or the market for office space though.

That was my line of reasoning pretty much. Glendale is nice and all but hardly a locale that desperately needs a high rise building.

Now, alot can happen over time in the development of the area and a high rise may very well be needed but I have my doubts...thus this could be a money loser.

So nidan, do you feel the slightest bit like a whiny little brat yet since nobody has condemned the "Greedy Bidwills"? You crack me up. Maybe you can somehow figure out a way to tyhrow Mac under the bus yet again for this high rise plan?

 

[az jam]

I think there is risk due to the location. Its far out and there is not a lot out there at this time. I live in Scottsdale and there is a tremendous amount of construction going on around the Scottsdale Airport for business parks. This is also just 30 minutes to the Phoenix airport while the Bidwill Glendale project is about 50 minutes to the airport. But perhaps the Glendale area will eventually become a real boom area and they will make millions on their investment. Time will tell.

 

[football karma]

I think there is risk due to the location. Its far out and there is not a lot out there at this time. I live in Scottsdale and there is a tremendous amount of construction going on around the Scottsdale Airport for business parks. This is also just 30 minutes to the Phoenix airport while the Bidwill Glendale project is about 50 minutes to the airport. But perhaps the Glendale area will eventually become a real boom area and they will make millions on their investment. Time will tell.

the difference is this:

if you run a business and need class A office space -- be prepared to pay something like $32 a foot

go to Glendale and I bet its $24 or so

If you are a big user -- multiply that difference by 500,000 square feet x a 10 year lease -- and you will gladly drive an extra 25 mins to the airport

 

[Duckjake]

South Florida commercial construction is backboned by drug funds. Those never dry up. When the powdered up finance boys need to take their " clean " money out, weird things happen. BTW, the Sun Sentinel does millions in Real estate advertising and as wise business people they ain't biting the hand that feeds them. My customer base was once heavily laden with real estate folks, commercial included. They ain't advertising anymore, but the Sun Sentinel is cutting deals on their space.

Then why would they print this?

The housing slump is chipping away at South Florida's sturdy job market.

Construction and real estate companies with bloated payrolls during the boom years now are cutting back, and experts predict those firms will shed more jobs in the coming months.

In April, Broward and Palm Beach counties lost almost 12,000 jobs, and statewide the building and real estate sectors led the payroll cuts, according to figures released Friday by the Florida Agency for Workforce Innovation


Meanwhile: The Bidwills could have their Glendale building designed so that it could be bathed in RED Light after every Cardinal win.

 

[CardLogic]

I don't know. But, if they were such slam dunk money-makers I'd think we'd see more of them than malls and such. Tempe has had a hell of time getting their high rise developments built along the lake.

You must be registered for see images

SunCor has unveiled plans for the largest project yet in downtown Tempe along Town Lake. (That's Sun Devil Stadium in the top center of the image.)

http://www.eastvalleytribune.com/story/90324

Read the story; it points out that it's not lack of financial return on investment that causes it to take so long for large projects to happen. More typically it is bureaucratic, and govenrmental restrictions which slow development.

 

[azsouthendzone]

I don't know. But, if they were such slam dunk money-makers I'd think we'd see more of them than malls and such. Tempe has had a hell of time getting their high rise developments built along the lake.

Tempe pisses off every state agency and surrounding municipality as well as the fact that they have a strong shortage of land. You can't compare Tempe and Glendale. Sounds to me like you just want to bash the Bidwills and it doesnt matter what they do, you will be there to bash.

 

[CardLogic]

Has there been any hotels/restaurants opened in the immediate area? And if so, how close to the stadium? Any info would be appreciated.

Westgate Center - just to the north of Cardinals Stadium: contains, shopping, theaters, restaurants, hotels, etc.

The pictures are old. Construction is much more completed now, with many of the businesses open.

See: http://www.westgateaz.com/

 

[DKCards]

I think there is risk due to the location. Its far out and there is not a lot out there at this time. I live in Scottsdale and there is a tremendous amount of construction going on around the Scottsdale Airport for business parks. This is also just 30 minutes to the Phoenix airport while the Bidwill Glendale project is about 50 minutes to the airport. But perhaps the Glendale area will eventually become a real boom area and they will make millions on their investment. Time will tell.

Were did you get 50 minutes from? It really is not out in the bounies. Here are the driving directions from Yahoo:


Start at 9301 W GLENDALE AVE, GLENDALE going toward N 93RD AVE - go < 0.1 mi2.Make a U-Turn at N 93RD AVE onto W GLENDALE AVE - go 0.6 mi3.Take ramp onto AZ-101-LOOP S - go 5.1 mi4.Take

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LEFT exit #1B/I-10 onto I-10 E toward PHOENIX - go 14.9 mi5.Take exit #149 onto E SKY HARBOR BLVD toward SKY HARBOR INTL AIRPORT - go 2.6 mi6.Follow the signs to your terminal

You must be registered for see images attach

Distance: 23.3 milesTime: 27 mins (approx.)

 

[Ryanwb]

Were did you get 50 minutes from? It really is not out in the bounies. Here are the driving directions from Yahoo:


Start at 9301 W GLENDALE AVE, GLENDALE going toward N 93RD AVE - go < 0.1 mi2.Make a U-Turn at N 93RD AVE onto W GLENDALE AVE - go 0.6 mi3.Take ramp onto AZ-101-LOOP S - go 5.1 mi4.Take

You must be registered for see images attach

LEFT exit #1B/I-10 onto I-10 E toward PHOENIX - go 14.9 mi5.Take exit #149 onto E SKY HARBOR BLVD toward SKY HARBOR INTL AIRPORT - go 2.6 mi6.Follow the signs to your terminal

You must be registered for see images attach

Distance: 23.3 milesTime: 27 mins (approx.)

Traffic my friend....

 

[Dback Jon]

Traffic my friend....

And traffic between the airport and Scottsdale is good??

 

[football karma]

the west valley is happening

the most affordable housing is along the 1-10 corridor going west towards Buckeye

If you are a business, putting a HQ by the stadium means you can attract employees who can afford nicer homes with a shorter commute.

Every employer I talk to says that their biggest challenge is finding good employees. Assuming that development is built within reasonable costs -- I think it will do just fine

 

[DKCards]

Traffic my friend....

much rather drive that then in Scottsdale

 

[ARZCardinals]

they haven't been able to run one football team correct for 100 years...who here thinks they can run a major high rise properly...

...the only good news is they could go bankrupt and have to sell the team.

Just focus on football people...

 

[ajcardfan]

Tempe pisses off every state agency and surrounding municipality as well as the fact that they have a strong shortage of land. You can't compare Tempe and Glendale. Sounds to me like you just want to bash the Bidwills and it doesnt matter what they do, you will be there to bash.

Gimme a break. I didn't say one negative thing about the Bidwills in this thread. It's simply a conversation about how strong of a project they've gotten themselves into. My first post even said "I could very well be wrong." It's amazing how sensitive some people are about the Bidwills.


Tempe has seen several projects nosedive in the downtown and lake area in the last thirty years. The reasons have been varied, but most have come down to not having enough investment to get it off the ground.

 

[clif]

Also lets not forget all the projects going up in neighboring Avondale, Buckeye and Goodyear. The spring training facility for the Dodgers will literally be no more than 3 miles from the area. Also Glendale is currently building a Corporate Center on the other side of the freeway

http://www.azcentral.com/community/westvalley/articles/0508gl-opus05-ON.html

In nearby Goodyear they are getting set to build Goodyear's Estrella Falls Mall which will be 2 million square feet.

 

[Duckjake]

And traffic between the airport and Scottsdale is good??

It depends on whether your talking about the part of Scottsdale that's at Scottsdale Rd and 202, or the Scottsdale that's at Scottsdale Rd and Lone Mountain. I think that's a difference of about 30 miles.

 

[Card Trader]

they haven't been able to run one football team correct for 100 years...who here thinks they can run a major high rise properly...

...the only good news is they could go bankrupt and have to sell the team.

Just focus on football people...

Ridiculous. The Bidwills know more about money, how to run a business and more about football than you would ever DREAM to know of. Comments like yours are about as dumb and misguided as they come.