This vacant infill land parcel is located just west of the
intersection of 79th Avenue and Discovery Drive in
Glendale, Arizona, less than two miles southwest of
downtown Glendale. State Farm Stadium and the
surrounding Westgate entertainment and retail corridor
are located roughly two miles to the west, providing a
significant nearby employment and activity hub.
The surrounding area is predominantly established
residential with neighborhood serving retail at major
intersections and scattered infill development throughout
the trade area. The Glendale General Plan currently
designates the site as Educational, and future residential
redevelopment would likely require a minor General Plan
amendment and rezoning.
Vacant infill land just west of the intersection of 79th Avenue and Discovery Drive in Glendale, AZ, less than two miles southwest of downtown Glendale and approximately two miles east of the State Farm Stadium and Westgate entertainment corridor.
Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."
Why are Real Estate Incentives Important and to Whom?
"Incentives" are vital today and in the future because:
U.S. Public: Many incentives focus on job creation and Affordable Housing
Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.
