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.
Far out there? Eventually? Wow, are you out of touch. The whole area has exploded with growth and we damned near have gridlock on the 101 loop all day.
From my house in Peoria, I often have to go south, past the stadium to the 101 - I10 intersection to see a matinee movie in the mega-shopping-complex being built there and already overwhelmed. I'm often forced to take surface streets rather than the freeway because of construction work constrictions.
Even that is a crap shoot because Glendale is always ripping up and widening street after street as developments go in.
The Governor and John McCain had to intercede last year in a huge fight between developers and Luke Air Force base because the Air Force was terrified about losing its biggest fighter pilot training base to flight path encroachment.
