NOVUS is a Huge 355 Acre Mixed-use Urban Redevelopment in Arizona - Where We Buy #272
This episode features a focus on Phoenix, Arizona. First, ASU's Mark Stapp provides insight into the economic state of the metro, discussing factors such as housing affordability, water resources, and changing temperatures. Then, Charley Freericks with Catellus Development talks about his work at the Novus Innovation Corridor. The public-private partnership comprises 355 acres of land in an urban infill location, representing Tempe, Arizona's evolving urban core. It includes hotels, office, residences, food and retail.
Mark Stapp is Executive Director, MRED/Fred E. Taylor Professor in Real Estate, W. P. Carey Master of Real Estate Development and Director, Center for Real Estate Theory and Practice.
Charley Freericks is Senior Vice President at Catellus Development Corporation.
James Cook is the director of retail research in the Americas for JLL.
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