Mortgage And Real Estate News

Sunday, May 26, 2013

Rezoning OK’d to bring retail to Arcadia office building


The owner of an office building at a prime intersection in the Arcadia area has won approval from the Phoenix City Council to bring retail to the property.

The Phoenix City Council unanimously approved the rezoning Wednesday.

Stephen Anderson, a land-use attorney who represents 77 Group Investments, said the owner wants to make retail available to his existing office building on the northeastern corner of 44th Street and Camelback Road. Anderson said the parcel was originally zoned for an office building, and the rezoning will allow for a mix of office and retail.

He said there is no tenant for the space yet.

Read more: Rezoning OK’d to bring retail to Arcadia office building

Reuters: Business News

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