citynorthWhat happened to City North? Actually, for most of us the right question may even be "What is City north?"

City North, located in the community of Desert Ridge, opened in November of 2008. Developers, Thomas J. Klutznick Co. and related companies, had plans for a luxury development with restaurants and high end retailers like Nordstrom and Arizona's first Bloomingdale's. The project came to a halt and went into foreclosure in April of 2010. After a myriad of legal issues, Scanlan Kemper Bard bought the property in April of 2014.

In eight months, several new tenants have been acquired under the new management including Toby Keith's I Love This Bar & Grill as well as two technology companies. Overall, occupancy rates have gone up 11 percent for retail and 3 percent for offices since April.

It seems that City North is making a highly anticipated comeback and we should all keep an eye on what it does with all of its potential.

 

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