When considering Central Phoenix Real Estate it is important to remember that Downtown Phoenix is on the move and getting better all of the time. Here is an article regarding Downtown:

Livelier downtown Phoenix on horizon By Jahna Berry The Arizona Republic
Every city has a few crown jewels, but in 2008, Phoenix plans to pile on the razzle-dazzle.
Several downtown projects, which are expected to wrap up this year, could have huge influence on the heart of the city, insiders say.
The list includes light rail, Arizona State University’s journalism school, the expanded Phoenix Convention Center , the Sheraton Phoenix Downtown Hotel and 44 Monroe , the tallest residential building in the state.
“I see 2008 as the first wave of the perfect storm,” said Terry Madeksza, director of operations for the Downtown Phoenix Partnership, a group of downtown merchants and landowners. That’s because each project will help lure thousands of visitors and full-time residents, she said. The 2008 projects also represent a staggering public investment. The light-rail line, the Sheraton hotel and the convention center expansion represent more than $2 billion in public financing.
Next year will also bring huge milestones for downtown development. For instance, the first phase of CityScape – a $900 million cluster of shops, offices, high-rise dwelling and hotels – is scheduled to open in 2009 and another high-rise condo tower, Omega, would be in the midst of construction.
“At the end of 2008, we won’t be finished,” said John Chan, the city’s downtown-development director. This year’s projects “will carry that momentum beyond.” Here’s a rundown of the 2008 projects:
Light rail
Completion date: December.
Significance: The 20-mile light rail line is expected to be a crucial resource for downtown commuters and tourists. It links key downtown Phoenix spots – sports venues, hotels, restaurants, employers and ASU’s downtown campus – to Mesa and Tempe .
Cost: $1.4 billion.
Walter Cronkite School, Taylor Place dorms
Completion date: August.
Significance: The ASU downtown campus opened in 2006, but these two projects will expand it. ASU’s new journalism school building is expected to bring 1,000 additional undergraduates to the campus and the first Taylor Place tower can house 750 students. The second tower, which opens in 2009, can house 550 students. By 2015, 15,000 students will take classes taught by downtown faculty.
Cost: Journalism building $71 million; dorms $150 million.
Phoenix Convention Center expansion
Completion date: December.
Significance: The North Building – which is three times the size of the West Building that opened in 2006 – will welcome its first visitors in January 2009. The project will help elevate Phoenix ’s status among rival convention destinations, the city says. The expansion gives the convention center 900,000 square feet of meeting and exhibition space and is expected to bring $500 million in annually direct spending by convention visitors.
Cost: $600 million. ( West Building and North Building )
44 Monroe
Completion date: June.
Significance: This June, Scottsdale developer Grace Communities expects to finish the first dozen floors of its 34-story high-rise – the tallest residential building in the state. By August, the rest of the building interior will be completed. The 196-unit condo tower will bring more full-time residents to downtown, a key component of long-term plans to bring vitality and foot traffic to the neighborhood.
Cost: $160 million.
Sheraton Phoenix Downtown Hotel
Significance: The 31-story Sheraton project will be the largest hotel in the state and will have 1,000 rooms. The hotel will help fill the need for more rooms in downtown Phoenix and will help satisfy increased hotel demand that’s expected when the expanded convention center welcomes its first visitors in January.
Cost: $350 million

Downtown Phoenix is the place to be and Central Phoenix Real Estate is now and always a great investment.