There’s an urban revival going on in the Valley, which has long been known for its affordable suburban homes.
By Catherine Reagor | Arizona Republic
Karen Wang is buying a condo in the new 14-story Portland on the Park development in downtown Phoenix.
Her new home is going up on a prime piece of land next to Margaret T. Hance Park that was a dirt parking lot when she moved here from the San Francisco Bay Area for culinary school 12 years ago.
Of course, metro Phoenix had plenty of empty lots back then. It was rated as one of the cheapest metro areas for parking in the U.S. in the mid 1990s because it had so much vacant land, especially downtown.