Downtown Phoenix update, gentle and honest
The 31-story Sheraton opened in Phoenix this week, to the predictable cheerleading that it will "revive" downtown. I hate to sun on your parade, but my recent visit "home" showed that the central city is still facing mammoth challenges, and that, of course, bodes ill for the economic and social health of the region.
Let’s start with the good news, for we always have to be mindful of "the Valley’s" real-estate-promoter mindset and fragile ego. The thing looks less bad than many had feared; as it was going up an editorialist at the Republic memorably likened it to an overgrown motel by the Interstate. It is absolutely essential to the success of the Convention Center, a business where Phoenix should excel, rather than being an also-ran with Grand Rapids as it was before the expansion.
A modest mid-rise is going up, just north of the Valley Center tower (I use the old name because who knows who will own the bank tomorrow), and at least one at CityScape. Not sure if there are many tenants. ASU has added a couple of buildings and is expanding the nursing college. The Grace Court development is coming along. And light rail is in — light rail has succeeded virtually everywhere in America, so Phoenix will have to work really, really hard to screw it up.
Now, if you feel better you can stop reading now. Or read on for the unfortunate "rest of the story."
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