ScottsdaleAZ.Gov

Experts to highlight potential for southern Scottsdale at Saturday economic summit

  April 15, 2009

  Contact: Tim La Sota, Chief of Staff, (480) 312-7806

  Experts to highlight potential for southern Scottsdale
  at Saturday economic summit

Southern Scottsdale will get a thorough economic checkup Saturday as a team of experts evaluates the potential for redevelopment and investment in one of the Valley’s most centrally-located areas. More than a dozen experts in the fields of business and economics, real estate development, urban design, community planning and the automotive industry will participate.

Mayor W. J. “Jim” Lane is hosting the McDowell Road Corridor/South Scottsdale Economic Development Summit from 9 a.m. to 1 p.m. Saturday at the Granite Reef Senior Center, 1700 N. Granite Reef Road. The summit is free and open to the public.

The summit features a session on the future of Scottsdale’s “Motor Mile” on McDowell Road, once the state’s largest concentration of new car dealerships. Other sessions will focus on the geographic and demographic advantages of the area, and redevelopment and business opportunities along the corridor.

“As I have said before, due to this area's affordability, desirability and prime location, it will prove to be one of the best places to invest in the entire metro area,” said Mayor Lane.

Long-time commercial real estate investor Bill Gosnell, who is on a panel at the summit, is also optimistic: “With the potential of this area, it's not a matter of if but when. I'm looking forward to participating in this summit and to interacting with an excellent lineup of speakers.”

More information and an on-line registration form are available on the city’s Web site at www.scottsdaleaz.gov. The link to summit information is on the left column of the home page.

Information also is available by calling the Mayor’s Office at (480) 312-2433.

Seating is limited, so interested citizens are encouraged to register. A complete agenda is posted on the Web.