What's Hot

    JDM Proposal Reimagines Biltmore Infill Project

    May 27, 2025

    $500M Whiteriver Hospital Preparations Advancing

    May 27, 2025

    Peoria Council Approves $1.9B 10-Year CIP

    May 27, 2025
    Facebook Twitter Instagram
    AZBEX
    NEWS TICKER
    • [May 27, 2025] - JDM Proposal Reimagines Biltmore Infill Project
    • [May 27, 2025] - $500M Whiteriver Hospital Preparations Advancing
    • [May 27, 2025] - Peoria Council Approves $1.9B 10-Year CIP
    • [May 27, 2025] - Industry Professionals 05-27-25
    • [May 27, 2025] - Commercial Real Estate 05-27-25
    • [May 23, 2025] - Laveen Towne Center Plan Advances, Expands
    • [May 23, 2025] - Retail Center in San Tan Valley will Finally Build Out
    • [May 23, 2025] - EdgeCore 44-Acre Mesa Land Buy Sets Up Massive Expansion
    Facebook Twitter YouTube LinkedIn
    • Home
    • News
      1. View Latest
      2. Planning & Development
      3. Local News
      4. Classifieds
      5. Editorial Analysis
      6. Budgets & Funding
      7. Commercial Real Estate
      8. People on the Move
      9. Arizona Projects
      10. Legislation & Regulations
      11. Trends

      JDM Proposal Reimagines Biltmore Infill Project

      May 27, 2025

      $500M Whiteriver Hospital Preparations Advancing

      May 27, 2025

      Laveen Towne Center Plan Advances, Expands

      May 23, 2025

      Retail Center in San Tan Valley will Finally Build Out

      May 23, 2025

      EdgeCore 44-Acre Mesa Land Buy Sets Up Massive Expansion

      May 23, 2025

      Ariz. Construction Added 2,400 Jobs in April

      May 21, 2025

      Phoenix Considering Data Center Development Restrictions

      May 21, 2025

      City Engineers Stress Collaboration, Adaptability at BEX Public Projects Event

      May 16, 2025

      Glendale Voters to Determine VAI Resort’s Fate

      May 16, 2025

      Legislation Would Effectively Strip NIMBYs of Referendum Tool

      February 11, 2025

      2025 Forecast Tries to Clarify an Uncertain Market

      February 7, 2025

      KOREPlex Buckeye Site Quietly Listed For Sale

      January 31, 2025

      Peoria Council Approves $1.9B 10-Year CIP

      May 27, 2025

      Scottsdale Water Needs $50M for ‘Toilet to Taps’

      May 9, 2025

      Phoenix Releases $11.5B, 5-Year CIP with Nearly 1,000 Projects

      April 1, 2025

      Buckeye Starts Planning Bond Funding Outlays

      February 26, 2025

      Commercial Real Estate 05-27-25

      May 27, 2025

      Commercial Real Estate 05-20-25

      May 21, 2025

      Commercial Real Estate 05-13-25

      May 13, 2025

      Commercial Real Estate 05-06-25

      May 6, 2025

      Industry Professionals 05-27-25

      May 27, 2025

      Industry Professionals 05-20-25

      May 21, 2025

      Industry Professionals 05-13-25

      May 13, 2025

      Industry Professionals 05-06-25

      May 6, 2025

      Arizona Projects 05-23-25

      May 23, 2025

      Arizona Projects 05-16-25

      May 16, 2025

      Arizona Projects 05-09-25

      May 9, 2025

      Arizona Projects 05-02-25

      May 2, 2025

      Phoenix Considering Data Center Development Restrictions

      May 21, 2025

      Glendale Voters to Determine VAI Resort’s Fate

      May 16, 2025

      Executive Order Will Streamline Federal Acquisition Regulations System

      April 26, 2025

      Legislation to Save Axon Plan Continues to Advance

      April 16, 2025

      Ariz. Construction Added 2,400 Jobs in April

      May 21, 2025

      Backlogs, Confidence Increase in April

      May 16, 2025

      Multifamily Developer Confidence Down in Q1

      May 13, 2025

      U.S. Construction Added 11,000 Jobs in April

      May 6, 2025

      JDM Proposal Reimagines Biltmore Infill Project

      May 27, 2025

      $500M Whiteriver Hospital Preparations Advancing

      May 27, 2025

      Peoria Council Approves $1.9B 10-Year CIP

      May 27, 2025

      Industry Professionals 05-27-25

      May 27, 2025
    • AZBEX
      • Subscribe
      • Classifieds
      • Advertising
    • DATABEX
      • Webinars
      • Monthly Snapshot
    • Events
      • Housing Projects on the Horizon
    • About Us
      • Meet the Company
      • Meet the Sales Team
      • Meet the Editorial Team
      • Meet the BEXperts
    AZBEX
    Home » Planning & Development » Glendale, VAI Shift on Parking Garage, GPLET
    Planning & Development

    Glendale, VAI Shift on Parking Garage, GPLET

    BEX StaffBy BEX StaffJuly 2, 2024No Comments3 Mins Read
    Credit: City of Glendale
    Share
    Facebook Twitter LinkedIn Pinterest Email

    By BEX Staff for AZBEX

    Recently announced changes to plans from the City of Glendale and VAI Resort could free up two aspects of the resort development that had threatened to bog down its progress.

    In the first instance, local news outlets report the City and VAI Resort are foregoing plans for a Government Property Leased Excise Tax incentive program. The GPLET agreement was approved in 2020, and a 2023 economic analysis estimated the property tax abatement at approximately $100M over a 25-year term. The value to Glendale from annual revenues was estimated at nearly $800M over the same timeframe.

    The decision follows legal action by self-described “social welfare organization” Worker Power, a union-affiliated advocacy group that has targeted other mixed-use developments with GPLET agreements, including South Pier at Tempe Town Lake and the Arizona Coyotes Tempe Entertainment District.

    Worker Power had attempted to place the VAI Resort GPLET agreement on the ballot for a referendum, but Glendale repealed the agreement. City Manager Kevin Phelps said last week the developer and the City have agreed to drop pursuit of a GPLET.

    Glendale requested dismissal of a lawsuit filed by Worker Power but was denied. VAI Resort has joined the lawsuit as a party with Glendale, and the two filed a request for a jury trial last week.

    Glendale has committed to waiving as much as $1M in fees for the development but has said it does not plan to provide tax incentives or waivers for development impact fees.

    New Parking Plan

    Glendale has also scrapped plans to hire VAI Resort to build a parking garage the City would own on the “Black Lot” near VAI Resort and State Farm Stadium. The City had originally planned a parking structure with more than 3,800 spaces for the resort’s use.

    That plan was waylaid by a lawsuit by the Arizona Cardinals and the Arizona Sports and Tourism Authority, who claimed the garage plan violated earlier agreements requiring Glendale to provide event parking. The Superior Court granted a temporary injunction to prevent Glendale from issuing permits or moving ahead with the plan without approval from the Cardinals. Glendale had requested an appeal.

    Under the new plan, Glendale has approved the $7.5M sale of eight acres at Montebello and 91st avenues to VAI Resort to build a five-level parking structure. The site is adjacent to the Black Lot site.

    Glendale officials have notified the Cardinals the City will not proceed with the Black Lot plan and plans to withdraw its appeal of the Court’s temporary injunction.

    Arizona Cardinals Arizona Coyotes Arizona Sports and Tourism Authority Black Lot City of Glendale Government Property Leased Excise Tax GPLET Hotels/Resorts/Casinos Kevin Phelps Mixed-Use Other Commercial Parking Garage Private restaurants retail South Pier at Tempe Town Lake Superior Court Tempe Entertainment District theme parks VAI Resort Worker Power
    Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email

    Related Posts

    JDM Proposal Reimagines Biltmore Infill Project

    May 27, 2025

    $500M Whiteriver Hospital Preparations Advancing

    May 27, 2025

    Laveen Towne Center Plan Advances, Expands

    May 23, 2025

    Leave A Reply Cancel Reply

    You must be logged in to post a comment.

    Our Picks

    JDM Proposal Reimagines Biltmore Infill Project

    May 27, 2025

    $500M Whiteriver Hospital Preparations Advancing

    May 27, 2025

    Peoria Council Approves $1.9B 10-Year CIP

    May 27, 2025

    Industry Professionals 05-27-25

    May 27, 2025
    Stay In Touch
    • Facebook
    • Twitter
    • LinkedIn
    • YouTube
    Don't Miss
    Planning & Development

    JDM Proposal Reimagines Biltmore Infill Project

    May 27, 20250

    By Roland Murphy for AZBEX A long-planned development by JDM Partners on an infill property…

    $500M Whiteriver Hospital Preparations Advancing

    May 27, 2025

    Peoria Council Approves $1.9B 10-Year CIP

    May 27, 2025

    Industry Professionals 05-27-25

    May 27, 2025

    BEX serves architecture, engineering and construction firms as well as all the ancillary product and service categories that market to them. These include manufacturing representatives, public agencies and private real estate organizations, specialty subcontractors and services providers related to our industry.

    Our Picks

    JDM Proposal Reimagines Biltmore Infill Project

    May 27, 2025

    $500M Whiteriver Hospital Preparations Advancing

    May 27, 2025

    Peoria Council Approves $1.9B 10-Year CIP

    May 27, 2025
    Contact Us

    Phone: 480-709-4190
    Address: P.O. Box 12196 Tempe, AZ 85284
    Email: sales@azbex.com

    Type above and press Enter to search. Press Esc to cancel.