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Scaled-down Version of $57-Mil Project Proposed

PHOENIX-A consultant to Scottsdale has suggested scaling back the size of a mixed-use project that will be anchored by an ice hockey arena for the Phoenix Coyotes, if the city wants to increase return on its investment of $100 million in public funds.

By D.J. Burrough | Updated on January 23, 2001

PHOENIX-A scaled -own version of a $575-million, mixed use project in south Scottsdale that will be anchored by an ice hockey arena for the Phoenix Coyotes is being suggested by a consultant to the city.

Under the proposed plan, the Los Arcos Mall project would shrink from 2.3 million sf to 1.5 million sf, would have fewer parking spaces and include a charge for event parking. The plan also calls for the city to condemn more than 20 acres to the east of the former mall, rather homes to the south, which was proposed by developer Steve Ellman.

The proposal was created to address many of the concerns the city has with Ellman’s plan, including density, the need for public facilities like police substations and the condemnation of residential property.The new plan calls for building a neighborhood retail center on a 20-acre parcel to the east of the main 40-acre parcel. Also, the number of parking spaces would be reduced from 10,000 to 9,200 and could go as low as 8,000. The consultant also suggested adding a $5 event parking fee.

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