Phoenix Looking For A Few Good Developers

Posted by: Brenda Meyer
Thanks to: Brenda Meyer

3 June 2005 - 9:00am

The city of Phoenix is seeking partners for a new housing development in the downtown area.

"The project would go on 1.5 acres of city propertyon the southern side of Fillmore Street, between Fifth and Sixth avenues.

Officials are hoping the partnership will allow them to "infuse affordability" into a booming downtown housing market, where condominiums and lofts are selling for $400,000 and up, and rental units are hard to come by."

Full Story: City seeking developers for housing idea

Source: The Arizona Republic, June 2, 2005

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It has been estimated that half of all Americans, and two-thirds of urban Americans, live in suburbia. Here are the key questions: Does suburbia exist because it is the natural "culmination of urban development"?

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Read the full article, written by Ashwani Vasisth.