In order to create a truly sustainable neighborhood we need to look beyond housing. LISC Phoenix is working with local non-profits, residents and stake holders to support local economic development in the neighborhoods we support. By creating opportunities for retailers and service providers, we help ensure that residents can shop for the goods and services they need in their own neighborhood. Successful local businesses help forestall blight and crime, and they reinforce investments in housing and other development efforts. They transform decaying commercial corridors into centers for arts and entertainment, and incubate innovation that ranges from micro-enterprises to retooled industrial sites.
Developer: Venue Projects
Location: Camelback and 3rd Avenue
Project: Adaptive reuse of existing retail building,.
Sq Ft: 17,500
LISC Investment: $1,287,500
Anchor Tenants: Changing Hands Bookstore, Southern Rail Restaurant