lightrailconnect: Apartment Rentals on Light Rail: Phoenix-Tempe-Mesa - 09/06/10 09:45 AM
 
Apartments on Light Rail
Several decades ago saw the fleeing of families from the cities to the suburbs. Driven by the longing to own a piece of land further out from the city, or leaving run-down neighborhoods, the result was the same.
Now families and individuals are trickling back to the inner cities, part due to the commute congestion, time and money savings, and more things to do. Admittedly, it is not for everyone, but it doesn't have to be.
People with jobs and careers in transition, newer and engaging amenities, and cool/hip lofts all make the return more desirable.
We … (1 comments)

lightrailconnect: LightRailConnect Magazine: August-Sept 2010 Issue - 08/16/10 11:53 AM

Local Success!
LightRailConnect.com Magazine August - September 2010 Issue on Newsstands now.
Upscale local magazine thrives in this important niche market along the light rail corridor in Phoenix - Tempe - Mesa. With a circulation of over 10,000 copies, the latest issue can be found at light rail station stops, hotels, restaurants, and businesses in the light rail corridor.
Entertainment, restaurants, local events are some of the regular features in the publication. You will find valuable information and discount coupons inside the covers. Sections of the magazine include:
Map of light rail station and run times Arts/Entertainment Dining Sports Real Estate Jobs … (3 comments)

lightrailconnect: LightRailConnect.com Q2 Retail Market Report - 07/29/10 01:36 PM

The Retail MarketQ2 2010 ReportLight Rail CorridorPhoenix-Tempe-Mesa
The Light Rail Corridor retail market vacancy rate in the second quarter of 2010 decreased to 12.8% from 13.1% in the first quarter of 2010.  This is up from the year end 2009 vacancy rate of 10.9%.  The highest vacancy rate was reported in the Mesa submarket at 23.2%.  The Metro Phoenix Area retail vacancy rate decreased slightly to 11.2% in the second quarter 2010, down from 11.5% in the first quarter. 

Absorption for the Light Rail Corridor was positive 10,675 square feet in the second quarter, compared to a negative (23,624) … (0 comments)

lightrailconnect: LightRailConnect.com Q2 Market Report: Office Market - 07/29/10 01:14 PM

The Office Market(Submarkets: Phoenix, Tempe, and Mesa)Published Quarterly
The Light Rail Corridor Office market vacancy increased to 19.4% in the second quarter of 2010.  That compares to 19.1% for the previous quarter's vacancy rate.  Vacancy rates in the Light Rail Corridor have been on a steady increase since 2005 when the market experienced a drop.  Before then, the vacancy rate had decreased to 17% for 2004.  The highest vacancy rates for all Light Rail Corridor submarkets can be found in Tempe (23.4%).  The lowest of the submarkets is Mesa (which does not represent much office space), which was still high … (0 comments)

lightrailconnect: Phoenix Light Rail Living: June Issue of LightRailConnect Magazine - 06/08/10 11:02 AM
Want to find convenience and cost savings along Light Rail in Phoenix? Look no further...
The June 2010 Issue of the LightRailConnect Magazine has hit the newsstands along the light rail tracks.
Sections include:
Real Estate/Rentals Travel Sports Dining Arts & Entertainment Jobs This Issue features Breaking News: the Dome High School opening in Phoenix (Robert L. Duffy High School) on the light rail line at the Jefferson/24th Street Station. You will find a private high school whose campus is out of this world!  Students can have lunch under the rings of Saturn, or enjoy a chat on the Equator.
Also, browse Apartment Living along the … (3 comments)

lightrailconnect: Phoenix Regional planners discuss future light rail expansion plans - 05/30/10 06:01 PM

Regional transit planners are mapping out new light rail lines in spots that were inconceivable a few years ago, as they grapple with how urban Arizona takes shape in the coming 50 years.
Early studies show that reasonable demand will exist for light rail to succeed on 44th Street, Camelback Road, south Central Avenue, Bell Road and other routes not previously planned, allowing a web to be built that is far more expansive than what is currently envisioned.
Officials at the Maricopa Association of Governments, Arizona Department of Transportation and Metro point out these conceptual routes are not intended to … (0 comments)

lightrailconnect: April 2010 showed record ridership on Phoenix Metro Light Rail - 05/30/10 05:57 PM

The Metro reported record ridership for the month of April 2010 of over 1.2 million passengers. This surpasses all other reported numbers since the train started operating 17 months ago. The previous month of March 2010 reported a then-record of 1.16 million riders.
The Diamondbacks home opener on Monday April 5 now stands as Metro's daily record-holder, with 55,679 officially measured boardings.
Metro also had its first back-to-back 50,000-passenger days, when D'Backs games coincided with an Eagles concert and a Phoenix Suns playoff game.
Bryan Watkins sells real estate in the light rail corridor. He is co-owner of LightRailConnect.com, a site that makes it … (0 comments)

lightrailconnect: Phoenix Valley Light Rail Expansion Plans Pushed Way Back - 05/30/10 05:53 PM
The Metro Board pushed back planned light rail extensions and will require a new regional tax to be built, according to actions taken this week.
These include extensions to towards the Paradise Valley Mall, Glendale, and toward Peoria Avenue in Phoenix.
All these extensions will now be funded by the  2004 voter-passed Prop 400 plus state and federal funds. Money from Prop 400 runs out in 2025 and the region does not have the money to fund these and other project that were originally planned.  -courtesy of AZ Central, April 22, 2010
Bryan Watkins sells real estate in the light rail corridor … (1 comments)

lightrailconnect: It’s a Wrap: Phoenix Metro Light Rail Trains Begin Advertising - 05/30/10 05:49 PM

Have you seen them yet? I mean, the light rail train cars wrapped with advertising? If not, soon you will.
For starters, the first train wrap was sold to Grand Canyon University, then an event at the Phoenix International Raceway and a condo complex near the Osborn Station in Phoenix.
Passengers will also begin to see ads for the U.S. Census as well as WrestleMania. Already in place are display ads for the Census, IHOP restaurant and a townhouse complex near the end station at Montebello Ave.
Metro reports the new ads could generate an estimated $350,000 revenue per year, … (0 comments)

lightrailconnect: Q1 2010 Light Rail Market Report - Metro Phoenix - The Office Market - 05/23/10 06:44 PM
The Office Market        (Submarkets: Phoenix, Tempe, and Mesa)
The Light Rail Corridor Office market vacancy increased to 19.0% in the first quarter of 2010.  That marks an increase of 3.0% over the previous quarter's vacancy rate.  Vacancy rates in the Light Rail Corridor have been on a steady increase since 2007 when the market experienced a drop.  Before then, the vacancy rate had decreased to 9.1% for 2006.  The highest vacancy rates for all Light Rail Corridor submarkets can be found in Tempe (24.0%).  The lowest of the submarkets is Mesa (which does not represent much office space), which was still … (0 comments)

lightrailconnect: Phoenix Metro Light Rail cuts hours, increases train waits - 05/22/10 10:28 AM

The transit board met to discuss a list of cost cutting proposals last Wednesday and voted to cut operating hours which will slightly increase passenger waiting times.
The list of cost reductions are planned to cut $1.6 million from the operating budget this year. What this means to light rail passengers is:
•  Shorten peak operating hours; start 7 a.m' instead of 6 a.m., and end 6:30 p.m. instead of 7 p.m.•  Run peak trains every 12 minutes instead of every 10 minutes •  Add five light schedule days to tie in with holidays, a change from normal operating schedules
There … (0 comments)

lightrailconnect: Phoenix AZ Light Rail News Update - 05/05/10 03:16 AM
Light Rail Future Planning: Can the Phoenix Metro Area Add Tracks?
Now that the Light Rail is over a year old, regional planners are still busy mapping out plans for future expansion of light rail tracks. The reason is that planners are tasked with peering into the future of population growth and traffic patterns for decades of change. Many options are being considered and looked at that were not even considered until now.
                                       
For example, there are preliminary reports that the 44th Street corridor, Camelback Road, South Central Ave, and Bell Road are all strong contenders for future light rail tracks.
The governing bodies of the … (0 comments)

lightrailconnect: How Light Rail Connect started - 03/27/10 03:33 AM
The story of LightRailConnect.com is interesting to say the least. It is yet another success story born out of a graduate school program at the university level. Here is a brief outline of how it unfolded.
In 2007, a commercial real estate agent named Don Mortensen decided to return to school to study at the graduate level. He paid $25,000 tuition to enter the MRED program, or, Master's in Real Estate Development at Arizona State University. The objective was to learn the ‘how to', ‘why' and' what next' of real estate development. It was also to network and make contacts with … (0 comments)

lightrailconnect: LightRailConnect.com Website offers Unique Job Angle - 03/27/10 01:58 AM
LightRailConnect.com/Jobs is a new website that offers visitors a unique perspective on a job niche near the light rail tracks. Whether you are an employer or job seeker, this one should catch your attention. The rising gas prices and long commutes are pushing a migration to public transportation.
Many job positions are available on LightRailConnect.com/jobs near the light rail tracks, also known as the ‘light rail corridor'. In fact, the City of Phoenix touts in literature that the downtown area contains 50,000 jobs of all kinds. So, what does that mean for you, your family and friends?
It means you should … (0 comments)

 
Bryan Watkins (LRA Real Estate Group)

Bryan Watkins

Mesa, AZ

More about me…

LRA Real Estate Group

Address: 637 S 48th St, Suite 201, Tempe, AZ, 85281

Mobile: (480) 734-7878

Fax: (623) 321-3745



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