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Ken's Blog

Three Reasons I’m Still Betting on CenPho

Posted on: 12-3-2009 Posted in: Life, Live, Market Analysis, Public Policy

Here are three articles that, together, point to the trend downtown.

1) Downtown is the Real Deal. OK. This is an opinion piece, but it really speaks to the fact that there is a general perception of progress, despite the economic downturn. Oh, and they mention the Urban Grocery and Wine bar of which I am a fan!

2) New Nursing College Building Opens in Downtown Phoenix. A new 84,000 square foot building in downtown, serving thousands of students means that ASU is progressing on plans that they set in motion before the economic crash.

3) More Students are Flooding in to Downtown. Slightly more than 7,000 students took at least one class downtown this fall, up from 4,963 in fall 2008.

So, if you are thinking about investing in real estate for a business or a home, CenPho, in my opinion is the safest place to be in Arizona. It is beyond safe with prices this low. It is a smart move.

But, beyond the real estate side of things. Feel free to invest in the human capitol, as well. We aren’t going anywhere!

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