| 24th St. and Broadway Rd. | https://www.investinphoenix.com/development-opportunities/community-development/24th-broadway | 24th St. and Broadway Rd. | The City of Phoenix has three vacant land sites in South Phoenix available for redevelopment and disposition. The parcels are located around the intersection of 24th Street and Broadway Road. | <div class="ExternalClass25AB94799D084673A346A884D26D971A"><p style="text-align:left;"></p><h1>Shape the Future of South Phoenix<br></h1><p>The City of Phoenix has three vacant land sites in South Phoenix available for redevelopment and disposition. Located around the intersection of 24th Street and Broadway Road, this offering includes Site #1 at approximately 12.08 acres, Site #2 at approximately 3.79 acres, and Site #3 at approximately 1.4 non-contiguous acres. With their central location near Downtown Phoenix and Phoenix Sky Harbor International Airport, these sites present a unique opportunity to impact the future of a culturally significant neighborhood.<br></p><p>The City of Phoenix invites offers that will bring community-focused, mixed-use commercial development to these sites.<br></p><p><strong>Deadline for offers to be submitted was 11:59 p.m. (local Phoenix time) on September 15, 2025.</strong><br></p><h3>
<br>Site Summary Overview<br></h3><p>
<img src="/images/Lists/DynamicPages/AllItems/24th-broadway-3sites.png" alt="24th-broadway-3sites.png" style="margin:5px;width:800px;height:351px;" />
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</p><p>Total of approximately 17.27 acres:<br></p><p></p><p>
<strong>Site #1:</strong> Located on the southwest corner of 24th Street and Broadway Road, approximately 12.08 acres</p><p>
<strong>Site #2:</strong> Located on the southwest corner of 25th Street and Broadway Road, approximately 3.79 acres</p><p>
<strong>Site #3:</strong> Located on the northwest corner of 24th Street and Broadway Road, approximately 1.4 non-contiguous acres<br></p><p></p><p></p><p></p><p></p><h3>
<br>Estimated Area Population Growth</h3><p>
<br>
</p><table cellspacing="0" width="100%" class="ms-rteTable-default"><tbody><tr><td class="ms-rteTable-default" style="width:25%;">
<strong> </strong></td><td class="ms-rteTable-default" style="width:25%;">
<strong>1 mile</strong></td><td class="ms-rteTable-default" style="width:25%;">
<strong>3 miles </strong></td><td class="ms-rteTable-default" style="width:25%;">
<strong>5 miles</strong></td></tr><tr><td class="ms-rteTable-default">
<strong>2023</strong></td><td class="ms-rteTable-default">17,287 <br></td><td class="ms-rteTable-default">92,489 <br></td><td class="ms-rteTable-default">260,961<strong> </strong></td></tr><tr><td class="ms-rteTable-default">
<strong>2028</strong></td><td class="ms-rteTable-default">19,161 </td><td class="ms-rteTable-default">113,452 </td><td class="ms-rteTable-default">324,051 </td></tr></tbody></table><p>
<em style="font-size:10px;">Source: U.S. Census Bureau</em></p><h3>
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</h3><h3>Area Highlights<br></h3><p></p><p>
<strong>Minutes from:</strong><br></p><p></p><ul><li>I-10: 5 minutes</li><li>Phoenix Sky Harbor International Airport: 10 minutes</li><li>Sky Harbor Business Park: 7 minutes<br></li><li>
<a href="/development-opportunities/community-development/del-rio" target="_blank">Agri-Food Innovation Center</a>: 5 minutes (1,500 jobs projected)<br></li><li>Rio Salado Park/<a href="https://rioreimagined.org/" target="_blank">Rio Reimagined</a>: 6 minutes</li></ul><p></p><p>
<strong>Distance to:</strong><br></p><p></p><ul><li>Light rail extension: 2 miles</li><li>South Mountain Community College: 2 miles</li><li>South Mountain Park/Preserve: 3 miles</li></ul><p></p><p>
<strong>Extensive residential growth within three miles:<br></strong><em><em style="font-size:10px;">Sources: RL Brown Housing Reports, Costar</em></em></p><p></p><ul><li>159 single-family residential permits issued from 2021-2024</li><li>800 home resales in last 12 months<br></li><li>1,616 new multifamily units built from 2020-2024</li><li>497 multifamily units under construction or proposed as of 2025</li></ul><p></p><p>
<strong>Traffic Volume (measured in cars per day):</strong><br></p><p></p><ul><li>24th Street (northbound/southbound) - 20,555 CPD</li><li>Broadway Road (eastbound) - 22,077 CPD</li><li>Broadway Road (westbound) - 24,349 CPD</li></ul><p></p><h3>
<br>Desired Project Overview<br></h3><p></p><p>Through a
<a href="/Documents/24th_St_Broadway_Rd_Community_Survey_Results.pdf" target="_blank">community survey</a> and public outreach efforts, nearby residents shared their interests and vision for these sites, which include a mixed-use commercial development, with special emphasis on:<br></p><p></p><p></p><p></p><ul><li>Community wellness, such as grocery stores, small to large scale medical service providers</li><li>Full-service restaurants with healthy offerings</li><li>Family-friendly entertainment options<br></li><li>Outdoor spaces, community garden and recreation opportunities</li><li>Small business focused</li></ul><p></p><p></p><p></p><p></p><p></p><p></p><p></p><p></p><p></p><p></p><p></p><p>
<strong>Enhanced pedestrian-oriented emphasis and ground floor activation:</strong><br></p><p></p><p></p><p></p><ul><li>Promotion of walkability, pedestrian links and bicycle facilities </li><li>Open green spaces, including amenities such as outdoor dining/entertainment spaces</li></ul><p></p><p></p><p></p><p></p><p></p><p>
<strong>Incorporation of public art and/or historical elements:</strong><br></p><p></p><p></p><p></p><ul><li>Maintain the history and culture of the area, including the site's location along Dr. Martin Luther King Jr. Boulevard (Broadway Road)</li></ul><p></p><p></p><h3>
<br>Additional Information<br></h3><p></p><p>Each site may require a valid environmental assessment report, including archaeological testing and data collection. Please refer to available environmental and archaeological reports linked under each site below for more information. Potential mitigation may be required.<br></p><p></p><p></p><p></p><p></p><p></p><p></p><p>The proposed project may be eligible for Community Development Block Grant (CDBG) funding. CDBG eligibility review will occur after the proposal deadline. To be eligible, the proposed project must meet specific requirements. More information about those requirements is available on the <a href="https://www.hudexchange.info/programs/cdbg-entitlement/" target="_blank">U.S. Department of Housing and Urban Development website</a>.<br></p><p>In compliance with ARS 35-1480, notice of this competitive bidding offering will be advertised and offers can be submitted at any point during the 90-day period ahead of the deadline. Following the deadline, a panel will convene to review bids and accept an offer based on the offer criteria listed below. Offers will then be negotiated and are not finalized until City Council authorization is obtained. <br></p><p>Water and Sewer Infrastructure Information can be found<a href="/Documents/Domestic-Water-and-Sewer-Stipulations-24-Broadway.docx" target="_blank" title="Domestic Water and Sewer Stipulations" style="text-decoration:underline;"> here (link).</a><br></p><h3>
<br>Site #1<br></h3><p>
<img src="/images/Lists/DynamicPages/AllItems/Site%20Map-01.png" alt="Site Map-01.png" style="margin:5px;width:600px;height:361px;" />
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<strong>Location:</strong> Southwest corner of 24th Street and Broadway Road</p><p>
<strong>Address:</strong> 4624 S. 24th St., Phoenix, AZ 85040; 2331 E. Broadway Rd., Phoenix, AZ 85040</p><p>
<strong>Lot size:</strong> Approximately 12.08 acres<br></p><p>
<strong>Parcel APN:</strong> 122-43-003K, 122-43-002<br></p><p>
<strong>Current zoning:</strong> C-2 (<a href="https://phoenix.municipal.codes/ZO/623" target="_blank">Intermediate Commercial</a>), R1-6 (<a href="https://phoenix.municipal.codes/ZO/613" target="_blank">Single-Family Residential</a>)<br></p><p>
<strong>Regulatory overlays:</strong><a href="https://phoenix.municipal.codes/ZO/660" target="_blank">Four Corners Overlay District</a> and
<a href="/Documents/Four_Corners_Overlay_District_Design_Guidelines.pdf" target="_blank">Design Guidelines</a>,
<a href="https://phoenix.municipal.codes/ZO/661" target="_blank">South Phoenix Village and Target Area B Design Overlay</a><br></p><p>
<strong>Redevelopment area:</strong><a href="/Documents/Target_Area_B_RDA.pdf" target="_blank">Target Area B Redevelopment Area</a></p><p>
<strong>Phase I Environmental Site Assessment:</strong> <a href="/Documents/Site_1_Enironmental_Report_Phase_1_24th_St_Broadway_Rd.pdf" target="_blank">view/download report</a></p><p>
<strong>Class III Cultural Resource Survey and Archaeological Monitoring:</strong><a href="/Documents/Site_1_Class_III_Cultural_Resource_Archaeology_Monitoring_24th_St_Broadway_Rd.pdf" target="_blank">view/download report</a><br></p><p>
<strong>Note:</strong> The City currently allows a public farmers' market on Site #1 as a temporary use. The City has the right to terminate the agreement allowing use of the property by the farmers' market, and intends to do so prior to transfer of the site for redevelopment.</p><p>
<strong>Desired Project for Site #1<br></strong>Through a <a href="/Documents/24th_St_Broadway_Rd_Community_Survey_Results.pdf" target="_blank">community survey</a> and public outreach efforts, nearby residents shared their interests and vision for this site, which include a mixed-use commercial development, with special emphasis on:</p><p></p><p></p><ul><li>Grocery store</li><li>Sit-down restaurants </li><li>Family-friendly entertainment options</li><li>Open space, community space and recreation amenities</li></ul><p></p><p></p><p>
<strong>Total appraised value:</strong> $7,500,000 -
<a href="/Documents/Site_1_Appraisal_24th_St_Broadway_Rd.pdf" target="_blank">view/download appraisal report</a><br></p><h3>
<br>Site #2<br></h3><p>
<img src="/images/Site%20Map-02.png" alt="Site Map-02.png" style="margin:5px;width:600px;height:492px;" />
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</p><p>
<strong>Location:</strong> Southwest corner of 25th Street and Broadway Road</p><p>
<strong>Address:</strong> 2457 E. Broadway Rd., Phoenix, AZ 85040</p><p>
<strong>Lot size:</strong> Approximately 3.79 acres<br></p><p>
<strong>Parcel APN:</strong> 122-56-127<br></p><p>
<strong>Current zoning:</strong> C-2 (<a href="https://phoenix.municipal.codes/ZO/623" target="_blank">Intermediate Commercial</a>), R-3 (<a href="https://phoenix.municipal.codes/ZO/615" target="_blank">Multi-Family Residential</a>)</p><p>
<strong>Regulatory overlays:</strong> <a href="https://phoenix.municipal.codes/ZO/660" target="_blank">Four Corners Overlay District</a> and <a href="/Documents/Four_Corners_Overlay_District_Design_Guidelines.pdf" target="_blank">Design Guidelines</a>, <a href="https://phoenix.municipal.codes/ZO/661" target="_blank">South Phoenix Village and Target Area B Design Overlay</a><br></p><p>
<strong>Redevelopment area:</strong><a href="/Documents/South_Phoenix_Village_RDA_Plan.pdf" target="_blank">South Phoenix Village Redevelopment Area</a></p><p>
<strong>Environmental reports:</strong> None available<br></p><p>
<strong>Desired Project for Site #2<br></strong>Through a <a href="/Documents/24th_St_Broadway_Rd_Community_Survey_Results.pdf" target="_blank">community survey</a> and public outreach efforts, nearby residents shared their interests and vision for this site, which include a mixed-use commercial development, with special emphasis on:</p><p></p><ul><li>Community hospital facility</li><li>Medical service provider</li></ul><p></p><p>
<strong>Total appraised value:</strong> $2,200,000 -
<a href="/Documents/Site_2_Appraisal_25th_St_Broadway_Rd.pdf" target="_blank">view/download appraisal report</a><br></p><h3>
<br>Site #3<br><img src="/images/Site%20Map-03.png" alt="Site Map-03.png" style="margin:5px;width:600px;height:229px;" /><br><br></h3><p>
<strong>Location:</strong> Northwest corner of 24th Street and Broadway Road</p><p>
<strong>Address:</strong> 2302, 2312, 2324, 2336, 2342 E. Broadway Rd., Phoenix, AZ 85040<br></p><p>
<strong>Lot size:</strong> Approximately 1.4 non-contiguous acres</p><p>
<strong>Parcel APN:</strong> 122-35-049B, 122-35-049E, 122-35-049F, 122-35-049D, 122-35-051</p><p>
<strong>Current zoning:</strong> C-2 (<a href="https://phoenix.municipal.codes/ZO/623" target="_blank">Intermediate Commercial</a>)<br></p><p>
<strong>Regulatory overlays:</strong> <a href="https://phoenix.municipal.codes/ZO/660" target="_blank">Four Corners Overlay District</a> and <a href="/Documents/Four_Corners_Overlay_District_Design_Guidelines.pdf" target="_blank">Design Guidelines</a>, <a href="https://phoenix.municipal.codes/ZO/661" target="_blank">South Phoenix Village and Target Area B Design Overlay</a><br></p><p>
<strong>Redevelopment area:</strong><a href="/Documents/Target_Area_B_RDA.pdf" target="_blank">Target Area B Redevelopment Area</a></p><p>
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<strong>Phase I Environmental Site Assessment</strong>:</strong><br></p><p></p><ul><li>2302 E. Broadway Rd. (APN: 122-35-049B) -
<a href="/Documents/Site_3_Enironmental_Report_Phase_1_2302_E_Broadway_Rd.pdf" target="_blank">view/download report</a><br></li><li>2342 E. Broadway Rd. (APN: 122-35-051) - <a href="/Documents/FINAL_Phase1-2342-E-Broadway.pdf" target="_blank">view/download report</a><br></li></ul><p><strong>Phase II Limited Environmental Site Assessment</strong>:<br></p><p></p><ul><li><span data-teams="true">2302 E. Broadway Rd. (APN: 122-35-049B,-049E, -049F, 049D</span> - <a href="/Documents/FINAL_Phase2-2302-E-Broadway.pdf">view/download report</a><br></li></ul><p></p><p></p><p></p><p>
<strong>Desired Project for Site #3<br></strong>Through a <a href="/Documents/24th_St_Broadway_Rd_Community_Survey_Results.pdf" target="_blank">community survey</a> and public outreach efforts, nearby residents shared their interests and vision for this site, which include a mixed-use commercial development, with special emphasis on:<br></p><p></p><ul><li>Retail with a focus on small businesses<br></li><li>Sit-down restaurants<br></li><li>Healthy food options<br></li></ul><p></p><p>
<strong>Total appraised value:</strong> $1,050,000<br></p><ul><li>$760,000 -
<a href="/Documents/Site_3_Appraisal_2302_2312_2324_2336_E_Broadway_Rd.pdf" target="_blank">view/download appraisal report</a> for 2302, 2312, 2324, 2336 E. Broadway Rd. <a href="/_layouts/15/Catalog.aspx?Url=https%3A%2F%2Fwww%2Einvestinphoenix%2Ecom%2FLists%2FDynamicPages%2FEditForm%2Easpx%3FID%3D155%26Source%3Dhttps%253a%2F%2Fwww%2Einvestinphoenix%2Ecom%2FLists%2FDynamicPages%2FAllItems%2Easpx%2523InplviewHasha8a1a9c2%2Dbc01%2D4a18%2Db910%2D6596312a6bcd%253D%26ContentTypeId%3D0x01008ECFE4EFCCFDFE44BB045A0422121BF200422E3AE7EA8C3C4BA2B52F6AB06E4694"></a></li><li>$290,000 -
<a href="/Documents/Site_3_Appraisal_2342_E_Broadway_Rd.pdf" target="_blank">view/download appraisal report</a> for 2342 E. Broadway Rd.</li></ul><h3>
<br>Offer Requirements and Submission Information for All Sites<br></h3><p></p><p></p><ul><li>A member of each offering team must have experience successfully completing at least one land development project in the last seven years<br></li><li>Offer a value equal to or greater than each site's appraised value </li></ul><p></p><p>
<em>Offers not meeting the two aforementioned requirements will not be considered.</em></p><p></p><p>Offers must be formatted to include the following sections:</p><p>1. Concept to Activate the Site</p><p></p><ul><li>Project narrative<br></li><li>Conceptual building elevations or conceptual site plan<br></li><li>Project budget and timeline<br></li></ul><p>2. Return to the City</p><p></p><ul><li>Offer details such as amount of cash payment<br></li><li>Description of any other tangible public benefits generated by the site development<br></li><li>Any offer with a cash payment less than the minimum purchase price (appraised value) must include the quantifiable value for each additional tangible public benefit to demonstrate the total offered purchase price meets or exceeds the minimum purchase price<br></li></ul><p></p><p></p><p></p><p></p><p>3. Offeror's Qualifications, Experience and Financial Capacity</p><p></p><p></p><ul><li>Key individuals and companies comprising the offeror's team, and define their roles and responsibilities for the site development<br></li><li>Demonstrate offeror's experience and provide sufficient documentation to demonstrate the team meets the offer requirements<br></li></ul><p></p><p>Offers can be submitted for an individual site or for multiple sites. No offer guarantee is required. </p><p>Please submit offers in a PDF format via email to: <a href="mailto:Eric.Prochnow@phoenix.gov">Eric.Prochnow@phoenix.gov</a>. Offers can also be submitted via electronic file sharing. Please contact Eric Prochnow by email to receive a file sharing link.</p><p>Questions can also be directed to 602-495-5329.<br></p><p>
<strong>Deadline for offers to be submitted was 11:59 p.m. (local Phoenix time) on September 15, 2025.</strong></p></div> | https://www.investinphoenix.com/images/24th-Broadway-BANNER.jpg | https://www.investinphoenix.com/images/24th-Broadway-THUMBNAIL.jpg | 24th-broadway | 24th St. and Broadway Rd. | Community Development | development-opportunities/community-development/24th-broadway |
