Tag Archives: Historic Modern

Phoenix Approves Sale of Historic Downtown Building

The city of Phoenix will sell a 101-year-old historic downtown building to a developer for $2.28 million.

Jun 23, 2016

Barrister Building,downtown Phoenix.historic

Barrister Building in downtown Phoenix sale approved and will be renovated

The Arizona Republic reports that the city-owned Barrister Building, which sits on the corner of Jefferson Street and Central Avenue, will be sold to Crescent Bay Development Services LLC. The developer plans to renovate the century-old building, which the city bought in 1990.

Development plans include at least 88 condos in the existing six-story building as well as two new buildings.

This is the latest effort to renovate and preserve the historic building, which originally opened in 1915, and at one time was the tallest building in the state. The city had approved another project plan two years ago but it eventually fell through.

The building was long home to the Jefferson Hotel, featured in Alfred Hitchcock’s 1960 movie “Psycho.”

“We’re really excited about the project,” said Geoff Beer, a principal with Scottsdale-based Crescent Bay.

Beer said plans calls for construction of two new six-story buildings to go along with the six-story, 100-year-old Barrister building. The Jefferson Hotel/Barrister building was built in 1915.

Beer expects condos to be priced between $250,000 and $650,000 with an average unit size of 1,170 square feet. He said Crescent’s bid calls for buying the city-owned building for $2.28 million. It will also include some ground level retail and restaurant space.

Phoenix could reimburse Crescent Bay up to $1.9 million for infrastructure and preservation improvements, according to the Republic.

North Encanto Historic District In Central Phoenix

NORTH ENCANTO HISTORIC DISTRICT

The purpose of North Encanto Neighborhood Association (NENA) is to preserve & enhance the historic character of the North Encanto Neighborhood & to improve the quality of life for its residents  by creating a safe, vibrant & engaged community. Period of Significance: 1939-1956.

French Provincial Ranch North Encanto

A 1947 French Provincial Ranch In North Encanto

North Encanto Historic District is generally bounded by 19th Avenue on the West, 15th Avenue on the East, Thomas Road on the South, and Osborn Road on the North housing almost one square mile of historic homes. This neighborhood is close to freeways, I-17, I-10, a very short drive to downtown Phoenix and even a shorter drive (or walkable) to the light rail. There are 456 homes in this this district. North Encanto illustrates the residential development trends of the 1939 -1956 period.

North Encanto is my personal, current historic district residence. I can tell you first hand that it is one of the most wonderful historic districts this city has to offer! On a daily basis, you’ll see residents walking their dogs, walking with their kids (and more dogs), jogging, playing and just hanging out for a good, friendly chat. So many of us neighbors know each other and continue to get to know each other. We have many neighborhood functions from Groundhog Day parties, Christmas & New Year’s gatherings, Halloween parties, joint neighborhood block yard sales and a bunch of other street festivities where we actually block off a street while food vendors attend along with our local fire fighters and more. Games are played by all the wonderful children while the adults hang out, laugh, eat, drink and get to know each other more & more. We look out for one another, watch each others pets, homes and whatever is needed and wanted which keeps a tight knit community.

North Encanto Historic District Homes For Sale

Architectural Styles and Square Footage: North Encanto is red brick heaven loaded with 1940’s and 1950’s Mediterranean Ranch Style Homes, Mid-Century Ranches ranging from less than 1,000 square feet to 2,800 square feet. This district is predominantly comprised of Transitional Ranch-style houses with the largest concentration of intact Transitional/Early Ranch-style homes in metropolitan Phoenix, perhaps even in all of Arizona. But, there are also has a variety of Pueblo Revivals plus three Art Moderne homes. Many of these gorgeous homes have 1 to 2 car detached garages, detached studios, guest houses and lot sizes with room to make it your own. Many of these homes still boast the 2-color, original tile combo with colors that you just don’t see anymore like peach and black, pink and black, powder blue and black, pink and green and peach and green. There are also many, many homes here that have extremely modern interiors while keeping historic integrity. These are must see homes.

If you like North Encanto, you’ll probably like Campus Vista Historic District which is just east of 15th Avenue, Del Norte Place near 15th Avenue and Encanto Blvd., and, Country Club Park Historic District near 7th Street and Thomas Road.

Homes For Sale In North Encanto Historic District

History of North Encanto Historic District

Arcadia Historic Neighborhood In Midtown Phoenix Arizona

The Arcadia neighborhood is one of the most desirable addresses in Phoenix.

Camelback Mountain Arcadia Historic Neighborhood

Camelback Mountain is prominently seen from many homes in the Historic Arcadia Neighborhoods

I personally lived in Arcadia starting in 1989 as the first house I purchased was in this eclectic neighborhood. I had a stunning view of Camelback Mountain in my back yard like so many homes in Arcadia do. In fact, you’d be hard pressed to find a home that doesn’t have a view of Camelback Mountain, at least to some degree. I can attest to all the wonderful attributes Arcadia has to offer but don’t take my word for it; get in your car and go cruise the area. You’ll fall in love with it.

Arcadia is bounded by 44th Street to 68th Streets and from Indian School Road to Camelback Mountain. Immediate surrounding areas have more recently been referenced as Lower Arcadia or the Arcadia area but the true Arcadia corridor begins at the corner of 44th Street and Indian School Road going north and east from there. Contrary to many people trying to ride on the “Arcadia” name, there is indeed a true, defined Arcadia Corridor.

Arcadia neighborhood is not officially a historic district and its eastern edge is in the City of Scottsdale but Arcadia has more than earned its huge place in Phoenix history.

Arcadia Homes For Sale

Arcadia is one of the most desirable and priciest addresses in Phoenix. The homes range from small ranch houses under 1,000 Square feet to stunning luxury estates that sit on five acres with a lot of in-between. You’ll find a wide variety of architectural styles from sprawling 4 to 5-bedroom ranches built in the postwar era to Revivals and Pueblo-style homes dating to the late 1920’s and early 1930’s

The neighborhood is surrounded by original luxury guest resorts along Camelback Road like the Royal Palms and is walking distance to many trending restaurants are bars such as The Vig, LaGrande Orange Grocery and Pizzeria, Postino’s Wine Cafe, Zipps, The Arcadia Tavern, the famous Pete’s Fish and Chips and so much more! Eating and drinking your way around Arcadia is fun and can take some time.

Many people now refer to Arcadia as Midtown as it’s in the middle of everything superb and its overall location is in the center of it all. Sky Harbor Airport is just a hop and a skip away as is Biltmore Fashion Park, Fashion Square in Scottsdale and Paradise Valley along with a plethora of fantastic golf courses! Downtown and Central Phoenix is just a very short jaunt as is I-10, the Loop 202, the 51 and the 143.

Arcadia Park, G.R. Herberger Park, Camelback Mountain (and its hiking trails) along with easy access to the canal gives many options for hiking, jogging, biking and walking.

Arcadia is also known for its top tier public schools (some of the best in the state) such as Hopi Elementary School, Ingleside Middle School and Arcadia High School in the Scottsdale Unified School District making it an extremely family friendly community. There are also private schools in the area.

This is the type of neighborhood where the neighbors know each other, walk their dogs and are out with their children enjoying the tranquility this wonderful neighbor offers!

Arcadia homes have character, are well-kept and have high property values as the neighborhood is adjacent to the upscale suburbs of Paradise Valley, the Biltmore area, Scottsdale and North Central Phoenix. Most lawn have lush, green lawns, custom landscaping, palm trees and citrus trees galore!

Built on former citrus groves, Arcadia is known for well-irrigated, mature landscaping. Several yards prominently feature orange, lemon and grapefruit trees as reminders of the area’s past. The area used to be occupied by citrus farmers from 1919 to the mid-1950’s. In the mid-1950’s, the rest of Phoenix caught up with the farms and the area suburbanized with characteristic ranch homes on large lots. Arcadia High School serves and derives its name from the neighborhood.

The film, Everything Must Go, takes place in Arcadia.

In 2002, CNNMoney voted Arcadia as one of the “Best Places To Live” stating:

In stark contrast to Ahwatukee’s desert foliage are the lush green lawns of Arcadia, a neighborhood that sits on the Phoenix and Scottsdale city line. Arcadia is a former orange grove with its own irrigation system, and rows of citrus trees line its blocks of quaint homes built in the 1950’s and 1960’s on large lots.

Because Arcadia is so highly regarded for its greenery and high-performance schools, which are in the Scottsdale system, prices are on the high end: Starter homes begin at $300,000. Homeowners tend to do a lot of remodeling, adding much diversity to the once similar-looking homes; it’s not uncommon to see a country cottage adjacent to a Spanish hacienda. Residents brag about being close to Scottsdale’s high-end shopping, a world-class resort, arts centers and good restaurants, as well as downtown Phoenix.

I couldn’t agree more. After all, living in Arcadia for so many years, I’m hooked.

Read the History of Arcadia Historic Neighborhood

Housing Affordability Still High, For Now

DAILY REAL ESTATE NEWS | TUESDAY, FEBRUARY 02, 2016

Home prices may have been on the rise the last few years, but homes are still more affordable now than they were in the pre-bubble years, according to the latest Mortgage Monitor Report released by Black Knight Financial Services.

Households are using 21 percent of the national median income to pay a mortgage on a median-priced home. In 2000-2002, the average payment-to-income ratio was 26 percent, and in 2006, it was 33 percent.

However, Black Knight’s report warns that if home prices continue to increase – as they have year-over-year for 43 consecutive months – the affordability picture in home ownership could start to change in two years.

Black Knight factored in a continuing 5.5 percent annual home price appreciation as well as interest rate rises of 50 basis points a year. Under that scenario, “we see that in two years home affordability will be pushing the upper bounds of that pre-bubble average,” says Ben Graboske, senior vice president at Black Knight Data and Analytics. “At the state level under that same scenario, eight states would be less affordable than 2000-2002 levels within 12 months and 22 states would be within 24 months.”

Graboske notes that Hawaii and Washington, D.C., in particular, are already less affordable than they were during the pre-bubble era. On the other hand, he says, even after 24 months under this scenario, Michigan – and a few other states – would still be much more affordable by the end of 2017 than it was in the early 2000s.

Within 12 months, the average mortgage payment is expected to rise by $114, which would then require 24 percent of a household’s monthly income – still below the 2000-2002 levels, according to Black Knight. But by the end of 2017, monthly mortgage payments are expected to be $240 more than today, which would push the tally to 26.5 percent of a household’s income and the upper levels of the pre-bubble averages, the report notes.

If you’re on the fence and are thinking about buying a home in Phoenix, please call Laura B.

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Downtown and Central Phoenix Life Becoming a Nationwide Hotspot

DOWNTOWN LIFE

The Downtown Phoenix Condo and Loft Scene

Metro Light Rail, Phoenix, AZ

Metro Light Rail In Downtown Phoenix

The number of high-rises, mid-rises and low-rises being built, restored and renovated have been absolutely BOOMING in Central Phoenix! These buildings are old mixed in with new and provide amenities galore. Downtown Phoenix is the new home of loft traditions where space and creativity have been merging into stylistic, personalized urban expression. Many industrial buildings have been converted into desirable, luxurious, lofts or condominiums for your taking. If a single-family home is not for you but simple living is, (no yard responsibilities, etc.), then you’ve come to the right place. Or maybe you’re an artist looking to live where you work. I have ideas for you.

Here, you will find real-time, live listings of all Downtown, Central and North Phoenix condos for sale, Urban Lofts for sale, Condos in High-Rises for sale, and pretty much any dwelling type that is not a single-family home. Whether you wish to buy, sell, renovate or design a loft or condominium in Phoenix, HistoricPhoenixDistricts.com and Downtown Life has the property and solution for you.

Downtown and Central Phoenix is fun urban living. It is a series of distinct urban and historical phoenix neighborhoods where neighbors know each other and are constantly welcoming new neighbors as the downtown area continues its growth.

Downtown Phoenix and the Central Avenue Corridor has enjoyed tremendous growth since the completion of light rail and ASU opening its Downtown Phoenix Campus.

You can walk for coffee, breakfast, lunch, dinner, drinks and entertainment including the First Friday Art Walk, museums, sporting events, shopping, parks and more. It is a place populated by people seeking a way of life that doesn’t require hours of commuting each day. Many people enjoy driving any one of the many Historic Phoenix Districts just to view the architectural designs of the beautiful homes that encompass Phoenix Historic neighborhoods.

While downtown Phoenix grows, you can and experience urban living at its best. No matter what your taste there are homes that will make you happy. Live in an area full of cultural venues and experience the convenience a downtown residence can provide whether in a modern or historic condominium, historic loft, or a townhome. Come be part of downtown life.

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