November 14, 2024 12:19 am
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See what city is buying for $210K in Roosevelt Row

Roosevelt Row

Roosevelt RowBy Mike Sunnucks | Phoenix Business Journal

The city of Phoenix is paying $210,000 for three conservation easements to keep three Roosevelt Row buildings in place and aid developers redeveloping them.

The three buildings include a commercial building (The Arizona Flower Shop) and two bungalows at Fifth and Roosevelt streets in downtown Phoenix.

The city move calls for the buildings’ exteriors to be preserved for 30 years. In exchange, developers will use proceeds of the $210,000 for the adaptive reuse redevelopment of the properties.

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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.