Tag Archives: Historic Phoenix Real Estate Renovation

What Does Turn-Key REALLY Mean?

Do you know what the REAL definition, the LITERAL meaning of “TURN KEY?

turnkey,definition,historic,phoenix,real,estate,homesMost people think it simply means that the home is ready for move-in and it’s so nicely remodeled that you don’t have to do anything but move in and enjoy! Now, this is definitely true, but here’s the REAL definition, although similar, but more accurate.

It means, you put the key in the door, turn it, open the door and you’re home with nothing to do to the house but enjoy.

Further definition states: Turnkey refers to something that is ready for immediate use, generally used in the sale or supply of goods or services. The word is a reference to the fact that the client, upon receiving the house, just needs to turn the key in the lock and walk in, or, that the key just needs to be turned over to the buyer.

I just completed helping a turn-key client remodel for a 1937 Bungalow in the Camelback Corridor at 1131 E. Fern Drive South and it’s now on the market getting TONS of attention! She’s a sweetheart of a home in a fantastic historic neighborhood!

Contact me, Laura Boyajian at 602-400-0008 for more information or to schedule a showing.

An Inside Look at Welnick Marketplace & Liefgreen Seed Co. Building In Historic Downtown Phoenix

As downtown Phoenix anxiously waits to find out what the future holds for the renovated Welnick Marketplace and Liefgreen Seed Co. building, PHXTV offers this look back at the history of the 1927 building and the process of restoring it to its former glory featuring one of our own Phoenix agents, Sherry Rampy.

Big plans are underway for the historic buildings located at West Van Buren Street and North 4th Avenue, very close to Roosevelt Historic District. With the help of historic preservation funds and private investment, these historic buildings are being restored and renovated for public use.

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.