{"id":344,"date":"2006-09-17T09:22:54","date_gmt":"2006-09-17T16:22:54","guid":{"rendered":"http:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/?p=344"},"modified":"2006-09-17T09:24:13","modified_gmt":"2006-09-17T16:24:13","slug":"why-are-we-building-an-asu-campus-in-downtown-phoenix","status":"publish","type":"post","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/344\/why-are-we-building-an-asu-campus-in-downtown-phoenix\/","title":{"rendered":"Why are we building an ASU campus in Downtown Phoenix . . . ?"},"content":{"rendered":"<p><a href=\"http:\/\/www.azcentral.com\/arizonarepublic\/local\/articles\/0917asuwoes0917.html\" target=\"_blank\">In an involuntary spasm of honesty, the <i>Arizona Republic<\/i> admits the truth<\/a>:<\/p>\n<blockquote><p>The journalism school is considered the most crucial component of the new campus&#8217; second phase, in part because it boasts an enrollment of nearly 1,800 students. Most of those are undergraduates who are more likely to live in downtown Phoenix.<\/p>\n<p>That&#8217;s important because increasing the number of downtown residents is key to achieving Phoenix&#8217;s overall revitalization goals for the area.<\/p><\/blockquote>\n<p>Arizona State University has become the default financier of politically-favored real estate projects.<\/p>\n<ul>\n<li>The City of Scottsdale expropriated the Los Arcos Mall but was left holding the bag when hockey baron Steve Ellman made an even better sweetheart deal in Glendale. But here comes ASU&#8217;s Skysong to the rescue.<\/li>\n<li>ASU West owns a half-section of land in Northwest Phoenix, a gift parcel, that it cannot use productively and cannot sell. So it is building a Kierland-like shopping mall on the land &#8212; three miles away from the flagging MetroCenter Mall, which sits on taxable land. It would be beyond cynical to wonder if someone has plans for that land, once its value plummets.<\/li>\n<li>And here the <i>Republic<\/i> actually admits that the purpose of the inane Downtown Campus of ASU has <i>nothing<\/i> to do with the students. The purpose is to graft an artificial population of around-the-clock residents into Downtown Phoenix, in the hope that this, at last, will cause a true downtown to erupt there &#8212; as organically as mold in a petri dish. The cost to the taxpayers of massively increasing the value of the land Downtown, much of it owned by very powerful players, including (ahem) the parent company of the <i>Arizona Republic<\/i>: They admit to $800 million, so it&#8217;s probably a whole lot more.<\/li>\n<\/ul>\n<p>But don&#8217;t get the idea that increasing the value of land owned by very rich people is the <i>only<\/i> reason for plopping a pretend university campus in Downtown Phoenix. Far from it! The students are also needed to make the insane Trolley line we&#8217;re building look busy &#8212; as they trundle back to the <i>real<\/i> ASU campus at least once a day for their <i>real<\/i> college classes.<\/p>\n<p>You could say <a href=\"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/344\/why-are-we-building-an-asu-campus-in-downtown-phoenix\/#more-344\" class=\"more-link\">Read more<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In an involuntary spasm of honesty, the Arizona Republic admits the truth: The journalism school is considered the most crucial component of the new campus&#8217; second phase, in part because it boasts an enrollment of nearly 1,800 students. Most of those are undergraduates who are more likely to live in downtown Phoenix. That&#8217;s important because [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_crdt_document":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[6,5],"tags":[],"class_list":{"0":"post-344","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"hentry","6":"category-marketing","7":"category-real-estate","9":"no-featured-image"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":125,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/125\/having-trouble-getting-your-house-sold-sell-it-to-asu\/","url_meta":{"origin":344,"position":0},"title":"Having trouble getting your house sold? Sell it to ASU!","author":"Greg Swann","date":"July 24, 2006","format":false,"excerpt":"Arizona State University, a tax-payer funded institution whose apparent purpose is to salvage poorly-thought-out commercial real estate investments, races to the rescue of another white elephant:Arizona State University has struck a multiyear deal with downtown Phoenix's only shopping mall and plans to use it as a temporary student union for\u2026","rel":"","context":"In &quot;General&quot;","block_context":{"text":"General","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/general\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":48,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/48\/corporate-welfare-downtown\/","url_meta":{"origin":344,"position":1},"title":"Corporate welfare Downtown","author":"Odysseus","date":"January 25, 2006","format":false,"excerpt":"Also from the Republic:City officials are negotiating with a St. Louis-based company that wants to build a $22 million parking garage on the eastern edge of downtown. The six-level structure would be on city-owned land on the Phoenix Biomedical Campus, near Fifth and Van Buren streets.What it says, reading between\u2026","rel":"","context":"In &quot;General&quot;","block_context":{"text":"General","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/general\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":30,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/30\/lilliputians-win-downtown-phoenix-to-be-erected-in-downtown-tempe\/","url_meta":{"origin":344,"position":2},"title":"Lilliputians win: Downtown Phoenix to be erected in Downtown Tempe","author":"Odysseus","date":"December 22, 2005","format":false,"excerpt":"This just in:The Phoenix City Council yielded to pressure from residents Wednesday and decided to reverse its decision to allow more high-rises in the upscale Camelback Corridor. The action effectively kills several projects, most notably the $200 million condominium\/hotel development proposed by Donald Trump and development partner Bayrock Group near\u2026","rel":"","context":"In &quot;General&quot;","block_context":{"text":"General","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/general\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":418,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/418\/blogoff-post-41-ask-the-broker-what-will-it-take-to-make-phoenix-a-true-city\/","url_meta":{"origin":344,"position":3},"title":"Blogoff Post #41: Ask the Broker: What will it take to make Phoenix a true city . . . ?","author":"Greg Swann","date":"September 26, 2006","format":false,"excerpt":"The is another one of Cathy's questions:What will it take to make Phoenix a true city?It's actually pretty simple. All Phoenix really needs, to become a true city in the way that people think of New York City or Chicago, is... Cooler weather. What makes other cities look and feel\u2026","rel":"","context":"In &quot;Ask the Broker&quot;","block_context":{"text":"Ask the Broker","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/ask-the-broker\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":238,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/238\/i-think-theyre-trying-to-turn-this-into-a-little-new-york-city\/","url_meta":{"origin":344,"position":4},"title":"Phoenix rising: &#8220;I think they&#8217;re trying to turn this into a little New York City . . . &#8220;","author":"Greg Swann","date":"August 24, 2006","format":false,"excerpt":"That's a debatable point, but Angela Cara Pancrazio of the Arizona Republic has a sweet feature in today's paper on how cranes are remaking the skyline of Phoenix:Phoenix is rising again. And the cranes have arrived, reaching into a city and stretching its torso upward. With the exception of the\u2026","rel":"","context":"In &quot;Real Estate&quot;","block_context":{"text":"Real Estate","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/real-estate\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":489,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/489\/want-to-know-where-real-estate-corruption-comes-from-whatever-you-do-dont-look-in-the-newspaper\/","url_meta":{"origin":344,"position":5},"title":"Want to know where real estate corruption comes from? Whatever you do, don&#8217;t look in the newspaper . . .","author":"Greg Swann","date":"September 30, 2006","format":false,"excerpt":"I have a bunch of Phoenix-area real estate news piling up in browser tabs, so I want to reference it now, before it blows away in the autumnal desert breezes. First, more fake good news downtown: \"Phoenix is putting in place the final building block in its plan to construct\u2026","rel":"","context":"In &quot;Marketing&quot;","block_context":{"text":"Marketing","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/marketing\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/344","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/comments?post=344"}],"version-history":[{"count":0,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/344\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/media?parent=344"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/categories?post=344"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/tags?post=344"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}