{"id":48,"date":"2006-01-25T07:40:00","date_gmt":"2006-01-25T14:40:00","guid":{"rendered":"http:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/?p=48"},"modified":"2006-01-25T07:40:00","modified_gmt":"2006-01-25T14:40:00","slug":"corporate-welfare-downtown","status":"publish","type":"post","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/48\/corporate-welfare-downtown\/","title":{"rendered":"Corporate welfare Downtown"},"content":{"rendered":"

Also from the Republic<\/a>:<\/p>\n

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.<\/p>\n

The six-level structure would be on city-owned land on the Phoenix Biomedical Campus, near Fifth and Van Buren streets.<\/p><\/blockquote>\n

What it says, reading between the lines, is this: Free land for a profit-making parking structure.<\/p>\n

But wait. There more.<\/p>\n

The garage would contain about 860 parking spaces, including two levels below ground, plus 18,400 square feet of medical office space and about 5,600 square feet of retail space.<\/p><\/blockquote>\n

It turns out it’s free land for a profit-making parking structure plus<\/i> 24,000sf of profit-making commercial real estate.<\/p>\n

The land will be untaxed, of course. It’s City-owned.<\/p>\n

But here’s the cutest part of all:<\/p>\n

The Transit Oriented Development zoning overlay would forbid this if it were being done on private land with private money.<\/p>\n

The full triumph of corruption comes when uncorrupted commerce becomes impossible…<\/p>\n","protected":false},"excerpt":{"rendered":"

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 the lines, is […]<\/p>\n","protected":false},"author":2,"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":[2],"tags":[],"class_list":{"0":"post-48","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"hentry","6":"category-general","8":"no-featured-image"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":4101,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/4101\/why-are-we-wasting-our-time\/","url_meta":{"origin":48,"position":0},"title":"Why Are We Wasting Our Time?","author":"Glenn Kelman","date":"August 26, 2008","format":false,"excerpt":"Over the past few days, Redfin got into it with a bunch of other real estate websites. What else is new? In an argument about who has the most homes for sale, which began on TechCrunch and continued on Redfin's blog, one participant argued that what consumers really care about\u2026","rel":"","context":"In "Marketing"","block_context":{"text":"Marketing","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/marketing\/"},"img":{"alt_text":"Redfin\\'s Search Options","src":"https:\/\/i0.wp.com\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2008\/08\/redfinfilteringoptions.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":12,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/12\/economics-101-at-the-airport\/","url_meta":{"origin":48,"position":1},"title":"Economics 101 at the airport…","author":"Odysseus","date":"November 18, 2005","format":false,"excerpt":"From the Phoenix Business Journal:Parking fees will be higher next year at Phoenix Sky Harbor International Airport. Under the plan approved by the Phoenix City Council, daily parking fees in the economy surface lots will rise from $5 to $8. Parking in the economy garages will go up from $7\u2026","rel":"","context":"In "General"","block_context":{"text":"General","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/general\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":693,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/693\/baby-you-can-drive-my-sale\/","url_meta":{"origin":48,"position":2},"title":"Baby, you can drive my sale","author":"Richard Riccelli","date":"November 27, 2006","format":false,"excerpt":"Discovered in my morning paper that the parking spot behind my house is worth more than the house. (Click quick before the item goes into the paper's gated community of unread articles). Average cost per square foot of condo in Boston to park yourself: $561.07. Average cost per square foot\u2026","rel":"","context":"In "Marketing"","block_context":{"text":"Marketing","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/marketing\/"},"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":48,"position":3},"title":"Want to know where real estate corruption comes from? Whatever you do, don’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 "Marketing"","block_context":{"text":"Marketing","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/marketing\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":344,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/344\/why-are-we-building-an-asu-campus-in-downtown-phoenix\/","url_meta":{"origin":48,"position":4},"title":"Why are we building an ASU campus in Downtown Phoenix . . . ?","author":"Greg Swann","date":"September 17, 2006","format":false,"excerpt":"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' 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\u2026","rel":"","context":"In "Marketing"","block_context":{"text":"Marketing","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/marketing\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":583,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/583\/a-radically-different-way-of-thinking-about-real-estate-what-if-las-vegas-boulevard-were-private-property\/","url_meta":{"origin":48,"position":5},"title":"A radically different way of thinking about real estate: What if Las Vegas Boulevard were private property . . . ?","author":"Greg Swann","date":"October 28, 2006","format":false,"excerpt":"For Galen Ward from Rain City Guide, here is a weblog post I wrote in 2003 on the idea of mass transit and private property in Las Vegas. The Las Vegas Monorail was then still in construction, and I was busily demonstrating why it must fail -- which it has,\u2026","rel":"","context":"In "Casual Friday"","block_context":{"text":"Casual Friday","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/casual-friday\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/48","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\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/comments?post=48"}],"version-history":[{"count":0,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/48\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/media?parent=48"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/categories?post=48"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/tags?post=48"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}