DMB coming to Mesa Gateway Area

Because so many of you live in the east valley, I thought you might like some more information about the changes occurring at the "proving grounds" and the surrounding "Gateway" area.
A recent article gives us a glimpse of some more information concerning DMB's plans for their new community in the Gateway area of Mesa. The mention of 2 new golf courses, 3000-4000 new hotel rooms, a large park system and mixed use developments of commercial and residential sounds like quite a change to the landscape. If you take a look around and notice the proximity to two freeway systems, an airport, an ASU campus and a rail system you begin to have one of those "ah-ha" moments that DMB has already figured out. This project appears to fit in very well with the master plan for the economic engine that is the Phoenix-Mesa Gateway Airport . As far as developers go, the guys (and gals) at DMB are kind of like rock stars of real estate development. They have built some very high quality communities here locally and elsewhere. According to DMB's web site, the proving grounds project is "Located adjacent to Phoenix-Mesa Gateway Airport and ASU Polytechnic campus, the 3,200-acre Mesa Proving Grounds is the largest remaining parcel of contiguous land within the Mesa planning area and is of tremendous importance to the future of Mesa and the entire region."
In the past, I have written about some of the changes coming to the Gateway Area and have been telling people about some of these projects for quite some time. Of course, we will continue to watch this and many other parts of the valley that I believe have good growth potential in the future.
The housing options in the surrounding area of the Proving Grounds and the Gateway Area are many. From condos, to large homes, modest homes and horse property, you can find em' all.. Should you be interested in taking a look around, or know of anyone that might be interested, please feel free to "Just Call Nick!" or visit our web site at NickBastian.com.
Thanks again for your continued support!

Mesa Gateway - New Name - New Games

Soon, Williams Gateway will be no more. The changing of the name is just the beginning for the area. A few months ago, I mentioned that the Gateway Area has some interesting commercial and residential projects planned. In today's paper, there is more news of the plan to create a major international cargo hub. The project is called Arizona Direct and there looks to be great potential to bring more business and revenue to the area. Part of the appeal has to do with a duty-free trade Zone that "will carry the Foreign Trade Zone (FTZ) designation (one of only seven in Arizona) which provides significant tax incentives and results in competitive advantages for companies choosing to locate and operate on site."

Near by, DMB's plans for the old proving grounds site should have a large impact on the area as well. DMB is a developer of some really nice projects in AZ, California, Hawaii etc. I doubt they would have purchased such a large parcel of land in this area if they didn't feel the potential for growth wasn't there.
It will be fun to watch this area. The proximity to ASU Polytechnic Campus, freeway access, rail lines etc. make for an interesting part of town.
The area is growing, we will be sure to keep an eye on it. If you want any information about current housing in the area.. "Just Call Nick!"

Good or Bad?

With all of the doom and gloom real estate news that is popular with the media, I find it very interesting that billions of dollars are being invested in Arizona. A few of the projects and areas that I find interesting are the commercial and residential developments in the East Valley's Gateway area to the successful projects near Desert Ridge and the City North development that recently announced (4/17/07) $379 million dollars for phase one financing. Down town Tempe has plans for several new hotels and more "urban" housing projects that appear to be helped by the excitement of Light Rail. Other large projects are being developed in Phoenix and the West Valley as well. Our population is expanding, jobs are available and commercial development appears very strong. While the housing market still has a ton of inventory, it is allowing people to find more options than they have had the past couple of years. One page of the paper tells us the market is dead while the next says it is back to life. Fact is, some neighborhoods are doing great while others are struggling. If you are thinking of making a move, it is best to look at the values in your neighborhood and the neighborhood where you plan to live. That way, you get a better idea of what you are up against. If you need any help.. "Just Call Nick!"