April 24, 2024 10:12 pm
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Phoenix explores deal for garage condos

By Mike Sunnucks | Rose Law Group Reporter

The city of Phoenix is considering leasing city land for a garage condo project.

TB North LLC wants to lease city land on Cave Creek Road near Black Mountain Parkway for a garage condo complex. The northeast Phoenix land is vacant. The city owns the land for a potential future water plant.

Jason Phillips, Paul Phillips and James Lentine are listed as the managers of TB North, according to Arizona Corporation Commission filings.

The group would pay the city $27,515 for a one-year lease for a 2.4-acre parcel, according to council documents.

The Phoenix City Council will take a look at the proposal during its May 5 meeting.

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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.