Sunday, November 25, 2007
Apache Blvd. grows from seedy to chic
East Valley Tribune
Nov 5, 2007
Garin Groff
Apache Boulevard had long been overlooked by anybody who had money — unless they had a few bucks for drugs or a hooker. Now, the rundown buildings and weed-filled lots along Apache are some of Tempe’s hottest real estate.
Developers have bought some of the bleakest places for new condos, apartments and shops. The area is seeing its biggest boom in decades as builders construct housing and shops that are far nicer than many could have imagined just a few years ago.
Nearly 20 developments are planned or under way on a 2.5-mile stretch of Apache, ranging from eight-story condo buildings to single-family homes.
The area’s rebirth is largely the result of the same thing that made it boom decades ago and then fall into decline: its status as a major transportation corridor.
The boulevard was the original route of U.S. 60 before the Superstition Freeway was started in the 1970s. The new highway diverted drivers from the motels, service stations and restaurants that had thrived for decades.
Read more >>
Nov 5, 2007
Garin Groff
Apache Boulevard had long been overlooked by anybody who had money — unless they had a few bucks for drugs or a hooker. Now, the rundown buildings and weed-filled lots along Apache are some of Tempe’s hottest real estate.
Developers have bought some of the bleakest places for new condos, apartments and shops. The area is seeing its biggest boom in decades as builders construct housing and shops that are far nicer than many could have imagined just a few years ago.
Nearly 20 developments are planned or under way on a 2.5-mile stretch of Apache, ranging from eight-story condo buildings to single-family homes.
The area’s rebirth is largely the result of the same thing that made it boom decades ago and then fall into decline: its status as a major transportation corridor.
The boulevard was the original route of U.S. 60 before the Superstition Freeway was started in the 1970s. The new highway diverted drivers from the motels, service stations and restaurants that had thrived for decades.
Read more >>
Wednesday, November 14, 2007
Gilbert considers money for 1st-time home buyers
Chris Markham, Tribune
The Gilbert Town Council will consider increasing the amount of money available to assist first-time home buyers.
Town staff have recommended the council approve a change order that will mean increasing funding for the home ownership assistance program by $12,082, adding to the current $234,536.
The council is set to vote on the matter at its regular meeting tonight. Gilbert’s program is administered through Maricopa County and provides financial and counseling assistance to low- and moderate-income people who want to buy their first house in the town.
The program provides a secured, no-interest loan that is later repaid when the home is sold or refinanced. The fund is generally sustained as past recipients repay the loans.
Read more
The Gilbert Town Council will consider increasing the amount of money available to assist first-time home buyers.
Town staff have recommended the council approve a change order that will mean increasing funding for the home ownership assistance program by $12,082, adding to the current $234,536.
The council is set to vote on the matter at its regular meeting tonight. Gilbert’s program is administered through Maricopa County and provides financial and counseling assistance to low- and moderate-income people who want to buy their first house in the town.
The program provides a secured, no-interest loan that is later repaid when the home is sold or refinanced. The fund is generally sustained as past recipients repay the loans.
Read more
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