Title
Phoenix Economic Overview and Update: Part 4 - State of Downtown Phoenix - Citywide
Description
This report will provide the Economic Development and the Arts Subcommittee with an update of how coordinated investments have helped transformed Downtown Phoenix into a vibrant, mixed use area.
THIS ITEM IS FOR INFORMATION AND DISCUSSION.
Report
Summary
This presentation is part four of the Phoenix Economic Overview and Update series and will highlight Downtown Phoenix as a case study of coordinated redevelopment. Investments in Valley Metro light rail, the expansion of the Arizona State University Downtown Phoenix Campus, and the growth of the Phoenix Bioscience Core, among other investments, have transformed downtown into a mixed-use district that supports employment, research, education, and residential development. These investments have helped shift Phoenix toward an “18-hour economy” where downtown functions as both an employment center and a destination for residents and visitors.
Department
Responsible Department
This item is submitted by Assistant City Manager Ginger Spencer and the Community and Economic Development Department.