Posted on October 24th, 2007 by Jonathan Dalton

According to the Phoenix Business Journal, the Urban Land Institute has ranked Phoenix ninth nationally for real estate investment and development opportunities.

The report cites the usual notion of leaving more expensive California for more affordable land in Phoenix, though also questions whether the new light rail system will have any significant impact since there’s no “commercial core” - more to the point, Phoenix boasts a downtown most people never visit unless necessary.

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Categories: Phoenix Market