The Clark Report
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May 2013
Get Your PHX: Grand Openings on Grand

  


The goal of Get Your PHX is to show up, en masse, to support those who pioneer new restaurants, stores, bars and event spaces. We want to provide them a boost as they put their sweat, tears and wealth on the line to make life great downtown. Plus, we want to provide a chance for you to meet others like you, who want to get the most out of Phoenix.

 

 

Thanks again to our friend Laura Dragon of {9}TheGallery, the folks at Bragg's Pie Factory Diner, Chris Klein and Chris Duran of Glass Lab/Metal Lab, Beatrice Moore, the Grande Dame of Grand Ave and Jen Urso of Frontal Lobe Community Art Space. We had a wonderful time and learned so much!

 

This may be a red letter day in Phoenix. Well, technically about a month ago was a red letter day in downtown. It was the day that Scratch French Pastry and Pallet opened in the long-vacant Canvas building at 2nd St and Roosevelt.

 

For how long were we forced to look at that empty building, once full of hope, defaced by neglect and empty promises?

 

But no more, my friends, no more! Today, we rise again!

 

Sorry. Pastries and beer get me all melodramatic. 

 

First, a little back-story. I spoke with co-owner Noelle Liao last November about their plans to open a downtown version of their successful Scottsdale French pastry shop, called Scratch, in Canvas. Back then she estimated that they would be ready to open by about April, and she was right on the dot!

 

Now, for those of you downtowners who may be thinking that something from Scottsdale can't be all that good, listen to this story. Noelle, who has family in Arizona, was a model working internationally when she met her husband, Duc, a Vietnamese-Chinese fashion photographer, raised in France.

 

Bada-bing, bada-boom, they get married, have a couple children and decide to settle in Scottsdale. Well, "settle" is relative. Duc still jets off to Europe regularly for photo shoots. Plus, they both spent years researching and preparing for their excursion in to the world of pastries. Duc was classically trained at Le Cordon Bleu and together they spent a year preparing and researching where to open in Scottsdale. 

 

After over four years of rave reviews, they are taking the opportunity to join us here where all the action is. And, here's the other reason they are worth a visit: they made a name for themselves serving very reasonably priced fair. They have sandwiches around $8, pastries around $5 and 19-ounce beers for $4 at their daily happy hour. This happy hour is getting some  positive reviews already, too.

 

Noelle told me that they were inspired to begin this business because of the time that they spend in France. Their weekends, highlighted by causal times spent at the local pastry shops.

 

Now this, my friends, is why we want to celebrate Scratch. Not only is the back-story über charming and trés internationale, but they are truly trying to share with us an incredible memory and giving us a chance to experience that same feeling.

 

NOTE: Chef Duc Liao is making a special French cheese pastry called a Gougère for the first 30 people in the door.

 
May Get Your PHX 
May 23rd from 5:30 until we fall over in a pastry coma
1011 N 3rd Ave  Map It
Phoenix, AZ 85004


In Other Market News... 



In Summary

  

In the "tell me something I didn't already know" department, we see now in a national study, which shows that homes close to mass transit are more likely to retain their value --even through the last monstrous recession.

 

In general, inventory still continues to be tight. Its not that there are a ton more buyers, its just that there is so little to choose from. We are hearing that the federal reserve is going to keep interest rates low until unemployment reaches 6%. So, we have a while to go. Your challenge: list while the Cromford Index still shows us in a seller's market. Buy before prices go too high.

 

Call me at 602-456-9388 if you want help doing that.

 

Articles

 

New Listings!

Check out this 2,135 sqft. townhouse in CenPho. Its roomy, with 360 degree views from the rooftop and a 600-bottle wine closet off the family room. The owners just announced that they are including a flat-screen TV and entertainment center with the listing. I'm hosting an open house, Saturday May 4th from 5pm to 6:30 and Sunday May 5th from noon to 2pm.

 

 

Also, come see this 1,690 sqft. home with a two-story workshop/garage in back that is plumbed and wired for a guest house! This home is only 1/4 mile from light rail. Great for home or investment.

 

 

 

Four-Part Series on Where We Are

...and I don't mean in an existential way. This is adapted from my monthly Get Your PHX Market Briefings. These are invite-only conversations with staff from the Cromford Report and my lender friends. This four-part series --follow this link and then the links at the bottom of the post for all four. This covers why we are NOT in a bubble, what we can expect in the near future and what evidence we use to predict that.

 

  

CenPho Community 
 

 

 

 

Paint Sprayer Training

If you know me, you know this belief of mine: if you paint on property you have permission to paint on, it may be art. If you paint where you don't have permission, it is graffiti and we have the right to hunt you down. I like me some art, but when your art undermines the safety of my neighborhood and my property value, we have an issue. Check out this story of that time a couple years ago when I chased down a tagger with the help of Phoenix PD helicopters (yeah, really, it was cool). So, I'm glad to see that city funding is back to help train neighborhood activist on how to fight back. Follow the story link to see more.

  

We Recycle, Phoenix

We could certainly recycle more (like for businesses and my short-sighted HOA board), but if you want to know more about how you can help, check out this link.

 

  

Songbird Concert Series  

The good folks at the Songbird Coffee house are continuing their Saturday Concert Series, which takes place in the empty (but manicured) lot next to monOrchid. I went to the one on March 30th and it was a lovely evening on the grass. The event is designed to raise discussions about what should go in the empty lot and encourage community dialogue, as well as participation in some good live music. Follow the link above for the Facebook invite.

 

Look for more recent posts on www.GetYourPHX.com. 

Final Words, Compliance and Other Legal Stuff

As always, I respect your right not to be bothered with annoying spam email. If you would like to be removed from my email list, just let me know. Thanks!


Sincerely,

 

Ken Clark

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