Neighborhood Meeting Planned to Solicit Feedback
In order to see significant road connections completed in the area, such as the highly anticipated connection of North Valley Parkway to Carefree Highway to alleviate traffic along 27th Drive—it’s going to require a $40-million bridge and a large-scale developer to fund a project of that magnitude, as the City of Phoenix lacks funding to perform the work.
Phoenix-based commercial developer, Vestar, is proposing to tackle that task with a proposal to bring more than 800,000 square feet of commercial development, including retail and restaurants, alongside a plan for major roadway extensions and improvements on arterial roads between Carefree Highway and Sonoran Desert Drive.
Vestar has an application pending with the Arizona State Land Department for two parcels along the east side of I-17; one just south of Dove Valley Road, and the other just south of Carefree Highway. Rezoning is required on a portion of the parcel near Dove Valley Road to allow for the commercial development to take place. The state land department will set the auction timing after zoning is approved by the City. Vestar hopes to have zoning in place by September…