April 19, 2024 11:25 am
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Scottsdale looking for creative P3 parking project for entertainment district

 

Map courtesy of City of Scottsdale
Map courtesy of City of Scottsdale

By Eric Jay Toll for Arizona Builder’s Exchange

Got creativity, access to financing, experience with parking? Scottsdale is looking for some creativity for a pair of parcels in the middle of the Entertainment District totaling just under an acre.

Now that the area has become a hot spot for entertainment and technology companies, the city is desperate for a public parking lot—and it needs someone with the know-how, financial wherewithal and experience to build it.

Sweetening the deal is a clause that “additional private development” is permitted—as long as it has its own parking added to the mix.

Continued:

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Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.