Arizona’s tallest building remains empty as its future remains unknown

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  • Опубликовано: 18 июл 2022
  • The 40-story building in downtown Phoenix has a long history as headquarters for several banks since the 1970s. Now the building remains vacant.

Комментарии • 663

  • @12NewsAZ
    @12NewsAZ  Год назад +9

    FULL STORY: www.12news.com/article/news/history/arizonas-tallest-building-chase-tower-vacant-history/75-d593ad63-b87f-45b5-bc02-94155517b4b6

    • @kellikelli4413
      @kellikelli4413 Год назад +3

      We're still left wondering why the building has been shut down ‼️
      NOW you can do a sequel about this guy, but instead, tell us WHY the building shut down (sarcasm )😉

    • @celestialbeing5291
      @celestialbeing5291 Год назад

      @@kellikelli4413 They relocated to Scottsdale.

    • @alaskanprincess9386
      @alaskanprincess9386 Год назад +1

      Absolutely incredible that 12 Nsws has provided this link, captioned "FULL STORY" - and comments are filled with complaints about the video content. I've been looking for info about GOLDEN EAGLE RESTAURANT for months so I was thrilled with video! ❤ Thank you!

    • @jrortega5062
      @jrortega5062 Год назад

      Help the encampment people to succeed with feeling like they successfully made it somewhere by helping the people at cass in PHX getting them homes up there in that building put it to good use already

  • @Kremithefrog1
    @Kremithefrog1 Год назад +242

    This was a cool story about Gary but not much about the building like why it's vacant, future possibilities, etc.

    • @patentexperts1675
      @patentexperts1675 Год назад +48

      Seems like you are looking for old school journalism - not available in 2022

    • @rongendron8705
      @rongendron8705 Год назад +18

      That's what I was thinking, also!

    • @BrisLS1
      @BrisLS1 Год назад +14

      Agree! Why is it empty? Why did Chase "demolish the floors" what? This was entertainment, or more like pain, watching how great life was when people needed to drink alcohol just to tamp down the greatness.

    • @Kremithefrog1
      @Kremithefrog1 Год назад +4

      @@BrisLS1 it wasn't just alcohol but yeh lol. I liked the story a bit but not why I clicked.

    • @mm-yt8sf
      @mm-yt8sf Год назад +2

      the only hint i got was that she mentioned they were opening the floors up...i guess vs calling it "tearing down the insides" so it seemed like maybe it wasn't about to die? though wonder what clever idea for it came up after so long...or maybe it's a secret so they don't know? but then that'd seem like a news story in itself...hope it wasn't bought by a cult for pennies :-D

  • @Thatsmydob
    @Thatsmydob Год назад +62

    Turn them into apartments and condos. A local village, one floor can be shops, another, grocery store.

    • @rongendron8705
      @rongendron8705 Год назад +2

      Great idea!

    • @okamijubei
      @okamijubei Год назад +3

      And likely an office. You must have an office to keep track of their businesses and apartments and likely studies

    • @hyperstroll9642
      @hyperstroll9642 Год назад +2

      couldnt agree more, rent is insane right now...

    • @sylviaponce1864
      @sylviaponce1864 7 месяцев назад

      NOW THATS A GREAT IDEA THEY SHOULD!!!!

  • @thinkingjack
    @thinkingjack Год назад +85

    I had a job interview on the 24th story of that building in 2008. Didn’t go well but I only went because I wanted to see the views. It was awesome

  • @christineregan2905
    @christineregan2905 Год назад +141

    I worked in that bldg for 8 years. It is a beautiful building with a giant atrium below ground and well constructed. It can use a few updates but 3 elevator lobbies for each section of floors make maneuvering fairly fast. Right across from bus and train stations. Well worth saving

    • @JYDIVISN
      @JYDIVISN Год назад

      I used to eat at the cafeteria in the atrium just a couple of years ago.

    • @Rhaspun
      @Rhaspun Год назад +8

      Move government offices into it. It can probably be had for a reasonable price. It happen to my old home town. A bank abandoned a large building. The city bought it on the cheap and got a nice building for local government.

    • @Network126
      @Network126 Год назад +7

      Let me move there and live in it. I work 6 days a week but live in a dilapidated RV on the street without electricity or running water.

    • @f430ferrari5
      @f430ferrari5 Год назад +7

      @@Rhaspun if local government can take up that much space…there in lies the problem in itself.
      Government has already gotten too big.
      Turn it into residential upscale living.
      Have restaurants on certain floors. Same for other businesses. Dry cleaning.
      Medical offices.
      It’s so hot in the summer who wants to go outside. Some would like to just stay inside some days.

    • @ostrich67
      @ostrich67 Год назад +1

      @@f430ferrari5 oh shut up.

  • @Timbrock1000
    @Timbrock1000 Год назад +118

    This news story covered everything...EXCEPT what everyone wants to know: WHY is the building completely vacated?!

    • @Luboman411
      @Luboman411 Год назад +17

      The internet. Everything can be done online, and workers no longer have to be concentrated in one big building to successfully do most of their jobs. The large banks, like Chase, are doing what their workers want--giving them the flexibility to work from home. I bet Chase's lease on the building ended about a year or two ago, Chase saw the writing on the wall and vacated this expensive building for smaller, cheaper digs elsewhere in Phoenix. And now no large institution wants to rent out a space that big because they don't need to anymore. How the real estate developers are going to repurpose such a huge structure remains to be seen, especially as more and more workers demand that they work from home.

    • @Timbrock1000
      @Timbrock1000 Год назад +24

      @@Luboman411
      But only that one building is COMPLETELY empty because of online working?
      Color me skeptical .

    • @nick4506
      @nick4506 Год назад +2

      office space is super expensive. and now with more connectivity large businesses dont need massive corporate offices in every major city. so a lot of the large buildings are empty in these secondary cities.

    • @golden.lights.twinkle2329
      @golden.lights.twinkle2329 Год назад

      @@Timbrock1000 Covid caused companies to send workers home and liquidate their large expensive buildings.

    • @604cuinkillah
      @604cuinkillah Год назад

      Exactly

  • @mr.marvel6669
    @mr.marvel6669 Год назад +88

    I never knew that building was empty 🧐

    • @DrKrazyGuy
      @DrKrazyGuy Год назад +1

      I knew it was since the last company moved out

    • @chrisvela4860
      @chrisvela4860 Год назад +1

      You must not watch Fox news

    • @mr.marvel6669
      @mr.marvel6669 Год назад +5

      @@chrisvela4860 only for weather

    • @gayle9428
      @gayle9428 Год назад +2

      I didn't know it was empty either. Never been in it.

    • @crazeyjoe
      @crazeyjoe Год назад +1

      Chase moved the employees to low rise buildings scattered around town.

  • @southwestxnorthwest
    @southwestxnorthwest Год назад +104

    The Valley back in the early 1980s was something else; there was still plenty of rural and western appeal and the state was kind of like a diamond in the rough. Not too crowded or overly popular, it felt just right

    • @twostop6895
      @twostop6895 Год назад

      and that water that led to the growth is about to be cut, the states have until next month to decide how the 4 million acre feet cuts will dolled out, if there is no agreement the feds will make the cuts and Arizona will bear the brunt of those cuts

    • @Stetson_Pacheco
      @Stetson_Pacheco Год назад +12

      That seems so weird to imagine Phoenix as a small town! It's always been the second Los Angeles to me.

    • @mistervacation23
      @mistervacation23 Год назад +4

      I lived there in 1976 and it was a Valley National Bank building then even. I always used it traveling down Central to know which direction I was going

    • @sashamoore9691
      @sashamoore9691 Год назад +9

      I miss the rural western Route 66 feel. Now it’s just an LA

    • @dailysmelly9756
      @dailysmelly9756 Год назад +3

      @OneDayAlways where did you move to? We want to follow you.

  • @AlejandroGonzalez-im6br
    @AlejandroGonzalez-im6br Год назад +37

    I worked as a security officer from June 2018 to late October 2021 before I was transferred out of there because the Tower was closing. I saw people all over downtown Phoenix come to the Tower to get lunch, to do business, etc to only 20 people left (engineers, security guards, housekeeping) to an empty shell. It was really sad having to say goodbye to people.

    • @devinb5937
      @devinb5937 Год назад +4

      I was the head of security at this building from 2002 until just recently. I do not recognize your name. You don’t have to lie to leave a comment Alejandro.

    • @strnglhld
      @strnglhld Год назад +21

      @@devinb5937 I was the building’s CEO of Super Security and I don’t recognize EITHER of your names.

    • @devinb5937
      @devinb5937 Год назад +1

      @@strnglhld oh come on bud. Grow up pal

    • @im1who84u
      @im1who84u Год назад +6

      Oh yeah?
      Well, I was a pencil sharpener engineer there for two years.

    • @strnglhld
      @strnglhld Год назад +3

      @@im1who84u Of course. You were my star employee.

  • @r.pres.4121
    @r.pres.4121 Год назад +15

    Here in Buffalo we had a similar situation with our tallest building six years ago. The 38 story former HSBC Center was vacated by HSBC moving its USA headquarters to Virginia and two other large tenants moved their offices out which left the building vacant for two years. A successful and creative developer from Washington DC purchased the building and has successfully completed its transformation from an unneeded corporate office building to a mixed use building with offices, shops, and residences. It is now known as the Seneca One Tower which was built in the early 70s the same time this office tower in Phoenix was built. If we can successfully transform an obsolete corporate tower into a mixed use building in a still stagnant city like Buffalo than there is no reason why this former corporate tower in Phoenix cannot be successfully redeveloped. Phoenix is a wealthy growing city, Buffalo is not.

    • @pepsi_man4962
      @pepsi_man4962 Год назад +1

      Douglas Jemal did a good job. I’m from Buffalo too haha.

  • @canisdeumnox4925
    @canisdeumnox4925 Год назад +28

    Rehab the building and Phoenix should have a downtown underground interconnected shopping / entertainment/ walking bike paths to avoid surface temps.
    Convert the surface areas to covered / drought plants trees and reduce parking lots w integrated public transit.

    • @lemonine2712
      @lemonine2712 Год назад +1

      I’ve always had this idea too it’s something I feel like everyone would enjoy

    • @celestialbeing5291
      @celestialbeing5291 Год назад

      The bums would take over the shady underground and turn it to The Zone Part 2.

  • @8309barbie
    @8309barbie Год назад +10

    It should be half a hotel and half apartments and please open the top restaurant back up!

  • @brucewayne-ej3cx
    @brucewayne-ej3cx Год назад +69

    Not a good sign when our biggest building is empty. Like our malls. I guess it won't matter when our water runs dry.

    • @thinkingjack
      @thinkingjack Год назад

      The malls here sucked and died a long slow death.

    • @jockogle5250
      @jockogle5250 Год назад

      Like a cancer our society has an ever increasing appetite and will soon consume the life out of the host.

    • @brucewayne-ej3cx
      @brucewayne-ej3cx Год назад +12

      @Dev Ames that's because the middle class is shrinking. Arrowhead mall is still doing great tho 👍

    • @nonyabusiness6234
      @nonyabusiness6234 Год назад +3

      Invade you haven't noticed Phoenix is spreading out not growing up.

    • @phillygrunt2154
      @phillygrunt2154 Год назад +4

      Guess y’all gotta move back to the northeast

  • @DJBrianAZ
    @DJBrianAZ Год назад +13

    I worked at Valley National Bank for several years but in the credit card department which was over near Tempe. It's a shame it's been vacant. I wish they'd build something more spectacular than all the beige and brown shoeboxes we know as the downtown Phoenix skyline.

  • @jessicalow9163
    @jessicalow9163 Год назад +6

    They should make it residential condos

  • @sls6865
    @sls6865 Год назад +29

    I met my husband in one of the elevators back when it was Bank One building. I worked in the mail room and had forgot the executive key at the main office. He was the security guard that gave me access to the 40th floor. I could have swore there were 42 floors. Anyways, that was 23 year's and 2 kids ago.

    • @matthewvelazquez2013
      @matthewvelazquez2013 Год назад +3

      Good story

    • @im1who84u
      @im1who84u Год назад +5

      I met my wife in an elevator.
      She was kissing another man.
      We aren't married anymore.

    • @ddenv
      @ddenv Год назад

      I think that you're correct on there being 42 floors. I was a member of the Arizona Club from the early 90's on, and if memory serves we had the 41st and 42nd floors.

    • @alaskanprincess9386
      @alaskanprincess9386 Год назад

      @@ddenv Ads for GOLDEN EAGLE RESTAURANT say it's on 37th floor ... and it has been described as 'top of Valley Bank building' - you're saying there were more floors above the restaurant? It wasn't on top floor?? Arizona Club ... was there a Kachina room ... Kachina bar ... Kachina club?

  • @kevinmaghran6933
    @kevinmaghran6933 Год назад +5

    Just shows what a lame downtown the suburban wasteland of Phoenix has.

  • @rm_alfaro
    @rm_alfaro Год назад +33

    What kind of news report is this? I wasted my precious time watching the whole video and yet, it didn't even give any information or reason as to why it's empty now, lol!

    • @mlilof84
      @mlilof84 Год назад +8

      Work from home
      This building should be used to house families BUT there’s no pro family politics in this nation just money corporations banks and FU

    • @rm_alfaro
      @rm_alfaro Год назад +1

      @@mlilof84 The "work from home" set up of businesses is just a temporary thing because of the pandemic and a lot of them have already came back to the office set up. This seems more like a permanent thing since they've already barricaded the whole building so no one can enter, lol!

    • @handleDAW
      @handleDAW Год назад

      What is a WOMAN🤷‍♀️?marry one and you will learn 🧠🤔🤣My contribution to modern debate ….

    • @dmrr7739
      @dmrr7739 Год назад

      @@rm_alfaro work from home is definitely not temporary. It may have spiked because of the pandemic, but there are too many financial benefits to companies. As surveillance technology improves, more companies will move in that direction. Of course, some activities will require in-person collaboration, but why pay to house employees eight hours a day otherwise?

  • @larrysorenson4789
    @larrysorenson4789 Год назад +31

    Many years ago, when a fire sprinkler system was installed in the building, I was a member of a team commissioned to perform an Environmental Assessment of this building. It is a steel frame structure with a non-structural exterior skin. As was common during it’s original construction, the steel structure was “fireproofed” with a thick costing of material calked Monokote. A primary ingredient in this material is asbestos. When untouched this encapsulated asbestos presents no problem to the occupants. When the material is altered, for interior remodeling where things must be attached to the structure, very specific precautions must betaken to remove the material and restore the necessary fire rating to the steel as work is completed.
    The presence of the hysterically dreaded asbestos makes building insurers and real estate folks lose their minds often resulting in the demolition of perfectly safe and code conforming structures. As it stands there are two options that will keep the structure in place: first, the current owner must gut the interiors, remove the asbestos, restore the fire rating of the structure so that this “problem” is resolved and the building may be sold. This could easily cost a hundred million dollars. The second would be to discount the price to a point where the new owner can remove the material as stated above and “safely” occupy the building. Taking ownership of a major structure with asbestos in it makes lenders run for cover. So this option is typically reserved for ONLY large governing agencies with very deep pockets.
    In summary there are only two possible futures for the structure: ownership by the Federal government for use, lets say, by a multitude of federal agencies and courts, or an enormously expensive demolition for which funding will be virtually impossible to get.

    • @thomasgilbertson7060
      @thomasgilbertson7060 Год назад +4

      Very informative comment!

    • @ripvanrevs
      @ripvanrevs Год назад +7

      Funding is never impossible as long as there are taxpayers.

    • @mj1234321
      @mj1234321 Год назад +2

      That's too bad but thanks for the detailed explanation!

    • @larrysorenson4789
      @larrysorenson4789 Год назад

      @@ripvanrevs 🤣💸💸💸💸

    • @evelynsaungikar3553
      @evelynsaungikar3553 Год назад +1

      So it will stand there until it falls down?

  • @RobMiami787
    @RobMiami787 Год назад +9

    It is still a very sharp looking building

  • @baku_m_salti3128
    @baku_m_salti3128 Год назад +11

    "There was a Jack in the Box where City Hall is today"
    Idk why but that line had me laughin XD

    • @pcs9518
      @pcs9518 Год назад +2

      I used to eat at that Jack in the box. I think the Jack would have been the better choice than what’s there now.

    • @mambi74
      @mambi74 Год назад +3

      @@pcs9518 For sure Jack would serve the city much better.

    • @golden.lights.twinkle2329
      @golden.lights.twinkle2329 Год назад +2

      There was a Schlotzsky's Deli too.

  • @valligoodwin967
    @valligoodwin967 Год назад +2

    Wow! I didn't realize that this building, completely shut down. I worked there, from 1999 - 2003, in both of the vault departments, The Wills and then, later, Loans and Deeds.

  • @humclarge
    @humclarge Год назад +13

    When I heard this I was a bit shocked.All I could think of was it must be loaded with asbestos,outrageous rent or in severe need of an electrical and HVAC upgrade .I really hope that C D I out of Maryland hasn't been offered to bid on it! It really isn't that old .Not like that would really matter to our eager and over aggressive erase history community!

  • @Ovalbugmann
    @Ovalbugmann Год назад +24

    Well i hope they find something to do with it, rather than tear it down. Its a cool looking building i think, blue glass and white sandstone. I've been up there to the golden eagle three times, once as a kid in the 80s - i rode my bike downtown with a buddy we checked out some smaller tall buildings and then the Hyatt Regency round spinning compass restaurant and the Valley National Bank tower riding the elevators up and down lol and checking the views from the 37th floor restaurant before their dinner rush, also we were seeing if the doors to the roofs were open in the stairwells, they mostly were! :) was fun and exciting on the roofs, and then once to the golden eagle restaurant on a date in the 1990s and then once after 9/11 to ride the elevator and check out the views once again and to defy bin laden as he had issued a warning not to go into anymore tall buildings in America. I like how the tower is set in 3-4 feet below street level and the cool underground tunnel to the building from the parking garage across the street. I have some fun memories in that building maybe they can find a way to save it, i hope.

  • @michael85225
    @michael85225 Год назад +17

    I remember when we had our prom at the top of this building.

    • @supertec2023
      @supertec2023 Год назад +1

      I read that as porn LoL

    • @JohnnyGingy
      @JohnnyGingy Год назад +1

      Same ours was in 2008

    • @chrisvela4860
      @chrisvela4860 Год назад +1

      Damn. What school? Definitely a view to remember

    • @travisk1556
      @travisk1556 Год назад +2

      Sunrise Mountain High School Prom 2005

    • @michael85225
      @michael85225 Год назад +2

      @@chrisvela4860 Chandler High School, we had our senior prom here in 2008.

  • @americanborn3151
    @americanborn3151 Год назад +9

    Wow! I spent many of years in the underground working for chase in the tower. Never thought I'd see something like this. They just remodeled the whole unground offices back in 2011.

  • @dragonfly4425
    @dragonfly4425 Год назад +10

    My dad was a Senior VP with Valley National Bank/ Bank One for 33 years for Len Huck.

    • @samerabdallah82
      @samerabdallah82 Год назад +2

      I remember that bank when I was a kid. Wow!

  • @David-nl1zt
    @David-nl1zt Год назад +30

    This seems pretty typical of Phoenix. It seems like everything turns to crap in this city. Either they never finish a project, scale it down, or some idiotic politics take hold.

    • @BillLaBrie
      @BillLaBrie Год назад +5

      Hey! Phoenix bird always rises from its own ashes! Just gotta burn up first, on a regular basis.

    • @cassandrarose11
      @cassandrarose11 Год назад +6

      California keeps moving in on us trying to influence things.
      Also, I am happy to say Phoenix is far from crap. Remember what a phoenix is meant to do in its nature.

    • @xazimir4266
      @xazimir4266 Год назад +2

      @@cassandrarose11 lolol…. No we don’t. You wish…

    • @celestialbeing5291
      @celestialbeing5291 Год назад +7

      The Arizona Center is closing too. Phoenix has lost Metrocenter, Paradise Valley Mall, Greyhound Park and now Arizona Center. The city is on a steady decline with a huge increase of drug addicted homeless folks.

    • @psychiatry-is-eugenics
      @psychiatry-is-eugenics Год назад

      Whole country is the same , or worse

  • @noelly89
    @noelly89 Год назад +17

    This reminded me of the numerous abandoned buildings, malls, and housing complexes in China.

    • @chrisvela4860
      @chrisvela4860 Год назад

      Sheesh

    • @kurtdowney1489
      @kurtdowney1489 Год назад

      Complete cities

    • @cuhweenuh
      @cuhweenuh Год назад +3

      To be fair, most of their abandoned buildings have never been occupied. China built tons of luxury apartments (still kinda like here) to help inflate their gdp but didn’t account for the fact that no one can afford to live in luxury apartments so now they all stand empty.
      Japan on the other hand does have quite a bit of abandoned infrastructure due to their population decline and the max exodus of people moving to major cities like Tokyo

  • @dxjx23
    @dxjx23 Год назад +20

    The tallest building in the valley and its empty, Chase abandoned it for what, oh yeah that's right. To save money like you guys are broke. I know one of the reasons and that was maintenance costs. Now the real estate on that building is expensive too so it would be interesting to see what happens next🤷‍♂️

    • @chrisvela4860
      @chrisvela4860 Год назад

      Blow it up with dynamite!!😈

    • @gayle9428
      @gayle9428 Год назад

      They were too ambitious thinking that whole building would fill up and stay, considering the high rent and overinflated increases these days. They didn't think about the maintenance cost- and all that glass? Meanwhile, lots of homelessness in the city and getting worse. There are many abandoned or empty buildings around the valley that could be reappropriated or zoned for housing. But, oh, noo-oooo. NIMBY.

  • @mtrich8113
    @mtrich8113 Год назад +5

    My family went to a family counselor there, won't forget looking out the window and seeing how high we were.

  • @davidlarson2534
    @davidlarson2534 Год назад +3

    Wow, you bring back memories. One of my roommates was a chef there in the 70s.

  • @fob1xxl
    @fob1xxl Год назад +7

    It was a different decade and lifestyle. Look at what happened to shopping malls. Buildings (brick and mortar)are not needed any longer. Even today, more and more stores are disappearing because businesses like BEST BUY realized then can sell ANYTHING on line !

  • @eightnot8
    @eightnot8 Год назад +19

    Fondest memory from this building is not when I went up to the roof at night but when I accidentally got locked out in the emergency exit stairs, had to climb down 28 floors of stairs! 🤦🏻‍♂️

  • @jeffreyyoung4104
    @jeffreyyoung4104 Год назад +22

    Seeing the 'reporters' didn't cover WHY, and just went off topic about the 70s drug and alcohol fueled party scene, I looked up why it was vacant. Also, the building went through several hands so far, with none of them wanting to fund the asbestos removal to make it 'safe' to remodel.
    As of July 2021, Chase is in the process of vacating the building as most employees have been transferred to Chase's new corporate campus in (east suburban) Tempe. The last employees are expected to transition to the new location by September 30, 2021. At that point, the building will stand empty. No future plans for the tower have been announced.[6] As of November 1, 2021, the Chase sign atop the building has been removed.

  • @juliolujan5674
    @juliolujan5674 Год назад +8

    I’m working on this building as we speak and we can’t speak about it lol

    • @daniellanglois89
      @daniellanglois89 Год назад +3

      Tell me whats going on foo

    • @juliolujan5674
      @juliolujan5674 Год назад +2

      We are demoing all floors right now and we aren’t able to say much other than that. They under strict rules

    • @daniellanglois89
      @daniellanglois89 Год назад +1

      @@juliolujan5674 damn foo

    • @juliolujan5674
      @juliolujan5674 Год назад +4

      Today we found vodka bottles from the 70s

    • @daniellanglois89
      @daniellanglois89 Год назад

      @@juliolujan5674 thats crazy foo

  • @rosamoreno4794
    @rosamoreno4794 Год назад +3

    I used to live at 44 Monroe, right next door, right in the heart of downtown, and I loved it down there. Whole other world away from PHX.

  • @zonacrs
    @zonacrs Год назад +5

    Probably won't be popular here, but take a hint from downtown Tucson currently. It's hip and has a cool vibe going on. Marriot Bonvoy is a cool place to stay. Plenty of places to eat, drink or catch some live music, all within walking distance.

    • @lastnamefirst4035
      @lastnamefirst4035 Год назад +2

      That's because the university is right downtown Tucson

    • @d.martinez-rodriguez333
      @d.martinez-rodriguez333 Год назад

      But Tucson itself is UGLY!

    • @zonacrs
      @zonacrs Год назад

      @@lastnamefirst4035 Technically mid-own but very close to downtown and within tram distance, but the same could be said for
      ASU and the light rail if people would bother to use it.
      My personal avoidance of travelling to downtown Phoenix has more to do with homeless pan-handlers just getting there. Once there they are pretty much the same.
      That being said downtown Tucson is pretty hip but not trying to perpetuate the whole stupid Phoenix vs. Tucson thing. I'll leave that to the 'North Mexico' dumbasses I am surrounded by here in the Valley.

  • @bradleypidge7812
    @bradleypidge7812 Год назад +15

    It's already covered in glass turned it into a giant greenhouse and boom I just solved Arizona's agriculture problem

    • @deirdre108
      @deirdre108 Год назад +9

      It would be a great demonstration project in 'vertical agriculture', something that's catching on in some places.

    • @bradleypidge7812
      @bradleypidge7812 Год назад +1

      Not only robots but let's do climate control a complete autonomous system Hydroponics electrolysis and inverted growing all that put together you can easily double or triple the yield of normal vegetables two or three skyscrapers like that you could easily feed millions of people how convenient we've got empty ones lying all over our Capitals in every state around the country

    • @StreetnastyEntertainment
      @StreetnastyEntertainment Год назад

      💯

  • @f8rival330
    @f8rival330 Год назад +4

    Kinda sad how such a small and short building is the tallest in az

    • @golden.lights.twinkle2329
      @golden.lights.twinkle2329 Год назад +1

      Not sad at all. There's plenty of room here. No need to build up. Why risk becoming another WTC?

  • @AaronSmith-kr5yf
    @AaronSmith-kr5yf Год назад +7

    Man there are several office towers in downtown Nashville built around that same time, in the 70's/80's(1957 for the L&C tower). All of them are mostly occupied, updated, renovated to modern specs. Don't get why this one in Arizona is vacant/abandoned. From the tone of the news report they are considering tearing it down.

    • @krabgrass
      @krabgrass Год назад +1

      There was another news report that it was recently sold. The new owner is demolishing each floor, opening up the building for a potential hotel, retail or residential development.

    • @gretzkysyotes
      @gretzkysyotes Год назад

      @@krabgrass The guy who owns the Florida Panthers in the NHL owns it.........

  • @Luboman411
    @Luboman411 Год назад +43

    For those who want to know why such a large building sits vacant, this is the reason--the internet. Everything can be done online, and workers no longer have to be concentrated in one big building to successfully do most of their jobs. The large banks, like Chase, are doing what their workers want--giving them the flexibility to work from home. I bet Chase's lease on the building ended about a year or two ago, Chase saw the writing on the wall and vacated this expensive building for smaller, cheaper digs elsewhere in Phoenix. And now no large institution wants to rent out a space that big because they don't need to anymore. How the real estate developers and the city government are going to repurpose such a huge structure remains to be seen, especially as more and more workers demand that they work from home.

    • @steftrando
      @steftrando Год назад +8

      Convert them to condos

    • @agy234
      @agy234 Год назад +3

      Unlikely. Chase doesn’t like working from home

    • @larrysorenson4789
      @larrysorenson4789 Год назад

      See my factual explanation regarding the physical structure. Your comment is certainly valid too.

    • @eriklutz1254
      @eriklutz1254 5 месяцев назад

      And that's fine, the demand and all, if the workers actually do the work required..from home...

  • @tjonesauto
    @tjonesauto Год назад +1

    Baltimore had a vacant skyscraper that went the same way. It went for 5m and it didn't take long once the price dropped from 30m

  • @mysterymayhem7020
    @mysterymayhem7020 Год назад +4

    hopefully for Phoenix this building is resurrected just like our Seneca One Tower in Buffalo NY. It sat empty for years until a developer came along and now it is helping to revitalize downtown buffalo.

  • @aikanae1
    @aikanae1 Год назад +6

    AFFORDABLE HOUSING!

    • @ChurchofSpeed
      @ChurchofSpeed Год назад +1

      LOL... at one of the most exclusive addresses in the state? What fantasy land do you dreamers live in?

    • @aikanae1
      @aikanae1 Год назад

      @@ChurchofSpeed it's empty and that's what we need.

    • @ChurchofSpeed
      @ChurchofSpeed Год назад +2

      @@aikanae1 empty does not equal up for grabs. And it's not even empty, did you watch the video?

  • @Kyohan137
    @Kyohan137 Год назад +2

    A 40 story building in the middle of the desert what could be wrong with that?

  • @Bdpjev
    @Bdpjev Год назад +12

    Down town phoenix needs some attractions. It's dead most of the year. Nothing to bring crowds down town besides a sun's game. Wide big open streets that are usually empty. Oh and let's not forget our water crisis

    • @gayle9428
      @gayle9428 Год назад +1

      Not many go downtown unless they have to and it's too hot to walk around or and fool with finding a place to park.

    • @celestialbeing5291
      @celestialbeing5291 Год назад

      @Bdpjev When I say it they say I'm gating on the city. But you're right. Downtown is dead and the bars on Washington never really bounced back after the Coronavirus epidemic combined with the rail construction.

  • @jayschlum8064
    @jayschlum8064 Год назад +4

    Nice job 12 News on this story - thanks

  • @pearpenguin
    @pearpenguin Год назад +1

    Gary looks really good for a man in his 60's or maybe 70's

  • @matt_phx
    @matt_phx Год назад +6

    Affordable apartments please!

    • @FamilyWinn
      @FamilyWinn Год назад

      Oh you mean a place to shoot up like Portland.

    • @celestialbeing5291
      @celestialbeing5291 Год назад

      Good idea. Turn it into affordable housing.

  • @djizzah
    @djizzah Год назад +1

    watching from Australia, really interesting learning about Gary, please do another story about this charismatic fellow, he seems very cool indeed, come to Australia for a visit, people are gonna dig you dude!

  • @shadofaxes
    @shadofaxes 7 месяцев назад

    In the early 80's the eagle club bar was the most impressive place to take a first date when I was in college. Park at the garage across the street, take the elevator to the red tunnel that went under the street and opened up into the middle of the lobby then hit the elevator tot he eagle club, made for a great first impression. The view of the sunset couldn't be beat.

  • @wallacekatini3424
    @wallacekatini3424 Год назад +5

    Its emptiness shows that America is in ruins!

  • @future_world_2050
    @future_world_2050 Год назад +8

    Could be the start of a trend to come

    • @ronboone5083
      @ronboone5083 Год назад +1

      I hope one day Phoenix mid Town or uptown central area gets a real sky scraper...not these dinky ones....

  • @jayfitmob5945
    @jayfitmob5945 Год назад +10

    You can't make this s*** up I love hearing stories like this 💯🤙💯😂

    • @mlilof84
      @mlilof84 Год назад +1

      What? Demolishing so corporate hacks get their trickle down?? Yeah forget the housing crisis for families and homelessness just destroy a perfect building - that type of democracy can go to hell

    • @jayfitmob5945
      @jayfitmob5945 Год назад

      @@mlilof84 I was only speaking about the history of the building. I'm a transplant from Florida, this landscape the architecture and everything is built entirely different than what I'm used to. I've been in construction my entire life therefore I can appreciate a structure like this. I didn't mean to rub your bubble the wrong way, Jesus Christ calm down all I was trying to do is appreciate the structure in and of itself. However it is an absolute waste of space as it sits, would be much better used fully blended into society God damn it we could probably turn it into a shelter for people that are displaced right now. Let's turn it into a family housing center I'm pretty certain we could fit approximately umpteen million m************ rooms.... But we won't do that because it don't make any sense right? I guess if the government ain't making any money on it it ain't worth talking about.

  • @jackiereamy4871
    @jackiereamy4871 Год назад +3

    How about affordable housing?

  • @cryptothedawg1160
    @cryptothedawg1160 Год назад +6

    ....But the pay stank! LOL

  • @seviregis7441
    @seviregis7441 Год назад +6

    Why don’t they turn it into luxury apartments with a beautiful gym and spa where the restaurant once was... or a hotel...

    • @chrisvela4860
      @chrisvela4860 Год назад +3

      And charge 300k for an apartment and gym 10,000 the year.

    • @lastnamefirst4035
      @lastnamefirst4035 Год назад

      There is a high rise apt building downtown. Few people in it bc prices of apts are in the million $s

  • @ubroberts5541
    @ubroberts5541 Год назад +1

    Excellent report

  • @erynd2524
    @erynd2524 Год назад +1

    I remember climbing up the chase tower when I was I. The MCC fire academy 😿. I’m saddened to see it go.

  • @ricksa2786
    @ricksa2786 Год назад +12

    Valley National Bank was the worst bank ever. I moved to the Valley in 1984 and opened an account with $500. dollars. Stayed for 3 months then moved back home for family emergency. Returned in 1987, VNB had closed my account and kept my money and never returned it. Minimum wage $2.30 hrs. then. So is was lots of money back then for a 23 yr old. And no my money was never turned over to the state. It was just stolen by bank officials.

  • @Richard-ZA01
    @Richard-ZA01 7 месяцев назад

    I rode the elevator once. It was so fast! I remember that I had to change elevators because that one stopped about half way down.

  • @mamatemari6061
    @mamatemari6061 Год назад +1

    I’ve seen this building so many times when I was going to school

  • @debrahill9533
    @debrahill9533 Год назад +3

    Az is full of still nice buildings that are empty all over the city. I think they over thought things trying to build to fast.

  • @jeretso
    @jeretso Год назад +3

    Most of us are working from home nowadays and soon remote jobs will be outsourced to India. I doubt they can pump enough water up that building to make bathrooms for apartments. It is a beautiful waste of materials!

  • @MartYtraM1983
    @MartYtraM1983 Год назад +1

    Affordable housing and an observation deck, maybe?

  • @aegisofhonor
    @aegisofhonor Год назад +14

    I think these tall sky scrapers are starting to show their flaws after all these years, even in Chicago I have heard both the Sears (Willis or whatever, we will ALWAYS call it Sears) Tower and the building formerly known as the John Handcock Center has gone through some troubling times in recent years with a lot of vacancies and the old JHC having a lot of condos for sale unsold after several years on the market with major slashes to their prices; just no one wants to live in a 50 year old building anymore in a somewhat dying city.

    • @thevinceberry
      @thevinceberry Год назад +1

      At least Sears is iconic nationwide, this is just a regular building and now abandon, city should demolish it

    • @mtn1793
      @mtn1793 Год назад +1

      @@thevinceberry Make a homeless shelter out of it.

    • @thevinceberry
      @thevinceberry Год назад

      @@mtn1793 Like " Tower of David "

    • @compassbrian
      @compassbrian Год назад +2

      Phoenix is rising, while Chicago is dying though. Plenty of demand in Phoenix for a building of this nature.

    • @randysteele6741
      @randysteele6741 Год назад

      Chicago isn't close to dying. It's been in a huge highrise construction boom the last few years with more coming.

  • @dougharding5231
    @dougharding5231 3 месяца назад

    I remember when Valley Center was built. A couple of years later I was working at their ops center and saw the check from a company that bought the top half. $34 million. Fast forward a couple of decades and I found myself at Bank One Tower with an office on the 29th floor, with a view looking north on Central Ave. Once, I had an opportunity to go up to the roof. I immediately ran to the edge and looked down because, well, I just HAD too! And to think that magnificent building is empty now? Wow.

  • @JollyBeef
    @JollyBeef Год назад +1

    Great piece

  • @vasankhemkhaeng599
    @vasankhemkhaeng599 Год назад +3

    The producer has to go I still don’t know why the building is empty 👎🏿

  • @juliolujan5674
    @juliolujan5674 Год назад +4

    We been find all kinds of cool stuff in the walls and old memories from the 70s hmu if you want to know more

  • @tjmayer9103
    @tjmayer9103 Год назад

    In 1984 I was able to go outside of the top of the tower and look over the City.

  • @Ck700blockk
    @Ck700blockk Год назад +3

    Thanks for letting me know so I can hit up the building

  • @Eric-bh7jy
    @Eric-bh7jy Год назад +4

    Turn it into condos.. need housing

  • @desimo147
    @desimo147 Год назад +1

    The building still looks good, even today.

  • @gowest5145
    @gowest5145 Год назад

    New Mexico is having flash flooding in burn areas too. I didn't even know this was happening until I searched for it.

  • @jrtstrategicapital560
    @jrtstrategicapital560 Год назад +2

    Great story 👍

  • @bettiraige3474
    @bettiraige3474 Год назад +8

    It could serve the community by making it into affordable housing.

    • @utcougar
      @utcougar Год назад +4

      Affordable?

    • @FamilyWinn
      @FamilyWinn Год назад +1

      The government has stopped affordable. The government gives grants/student loans and college tuition goes up. The government raises minimum wage and rent goes up. The government has caused inflation. There is NO such thing aa afforadable. Stop printing money and prices will drop.

    • @gayle9428
      @gayle9428 Год назад +1

      No way

  • @GalaxyFur
    @GalaxyFur Год назад +5

    I'm surprised that even here in the land of all things cheese, that our tallest building here in Milwaukee is even taller than this building.

    • @DemPilafian
      @DemPilafian Год назад +1

      Phoenix is actually a pretty flat city. And for many years the downtown was relatively small and quiet.

  • @blkcoupequattro
    @blkcoupequattro Год назад +3

    There was a building here locally also a bank building, think it was Union Bank, not sure what the deal was with it, but it was like 6 stories high, built in the late 70's-80's also, they tore it down. I think the land it's on was worth more than the building on paper so tax write off for someone perhaps .......

  • @ryanrodriguez4535
    @ryanrodriguez4535 Год назад +1

    So crazy to see how different places are watching this in my 58 floor apartment.

  • @nocreeps9987
    @nocreeps9987 Год назад

    Well, I took pics 3 months ago and wondered what the heck is going on!!

  • @turtle6004
    @turtle6004 Год назад

    So oblivious about this building's empty faith when passing by it not long ago. Hope something good comes from it.

  • @desertdog5397
    @desertdog5397 Год назад +1

    thats too bad its empty...I worked up there back in '77/78, but....it gave me a fear of heights..and the elevator ride up to the 37th floor..it seemed like it took an hour...but only a minute os so...
    the GM of the Golden Eagle took me to the 13th floor...and in it was a middle eastern carpet that cost thousands...and he showed me little rooms that were hooked up to the 12th floor conference rooms...they were outfitted to here the deals going down in that place...

    • @chrisvela4860
      @chrisvela4860 Год назад

      Like spy rooms?

    • @gayle9428
      @gayle9428 Год назад

      @@chrisvela4860 - same thought I had. That would be weird.

  • @Rfox-
    @Rfox- Год назад +3

    Affordable housing

  • @richardnix3530
    @richardnix3530 Год назад +5

    1:48 KOOL's Bill Close on the billboard. Last of the decent broadcasters.

    • @dragonfly4425
      @dragonfly4425 Год назад +4

      Do you remember when Bill Close was held hostage on live air and how the ants were taken over the earth?

    • @gayle9428
      @gayle9428 Год назад +1

      I really liked that anchor.

    • @lastnamefirst4035
      @lastnamefirst4035 Год назад +1

      @@dragonfly4425 Yes! Wasn't that wild?

  • @larryduran2899
    @larryduran2899 Год назад +1

    Arizona Republic took a picture of my father guiding a cement bucket at the top during construction.

  • @knighttoking7926
    @knighttoking7926 Год назад +9

    Who actually owns it?

  • @dave8599
    @dave8599 Год назад +1

    How about a daytime shot of the building?

  • @krakenwoodfloorservicemcma5975

    This is such an amazing story. Incredible reporting. God bless channel 12 news. I don’t know how they get these riveting stories.

    • @alaskanprincess9386
      @alaskanprincess9386 Год назад

      I actually have been looking for info on restaurant for months. Sadly, what I'm not finding are personal pics or videos.

  • @NickolasFaz
    @NickolasFaz Год назад +4

    When did Chase Tower become vacant? I dont ever remember hearing that it became empty, I honestly thought Chase was still there and that it was occupied

    • @Edbeezy
      @Edbeezy Год назад +1

      Their lease was up so they decided not to renew

    • @leomartin4463
      @leomartin4463 Год назад +1

      It’s been empty for about 2 years now I believe

    • @NickolasFaz
      @NickolasFaz Год назад

      @@leomartin4463 whaat? That long? Damn

  • @danielacostanues
    @danielacostanues Год назад

    Great video

  • @itstherightone5179
    @itstherightone5179 Год назад

    I used to work near downtown next to that same building. I think the town was called buckeye.

    • @gayle9428
      @gayle9428 Год назад

      Nope. Buckeye is way out to the S/W valley. There is a Buckeye Rd. which is south of the city, runs east and west.

  • @ryanreedgibson
    @ryanreedgibson Год назад +1

    I would like to rent it for Sun Valley Micro. Give me cheap rent in it and I will cover the cost of the building security.

  • @alwayshonest357
    @alwayshonest357 Год назад +3

    no wonder it went out of business... a restaurant that has no prices? that will be $1,800 dollars sir-

    • @FamilyWinn
      @FamilyWinn Год назад

      For the mistress and wives. Men got the $$$ menu.

    • @lastnamefirst4035
      @lastnamefirst4035 Год назад

      To impress the ladies. Depress the men

  • @moisesm9602
    @moisesm9602 Год назад +1

    This is just sad 💀

  • @3618499
    @3618499 Год назад

    😯 " Whomever gets It should consider an updated facade ' makeover ' that includes removal of that oversized concrete ' spine ' jutting out between the building. Amway recently completed an impressive one upon it's global headquarter's tower in Grand Rapids, MI. It's subtle but refreshed and more visually cohesive than before. "

  • @divici9294
    @divici9294 Год назад +2

    It looks divided

  • @ellenlandowski1659
    @ellenlandowski1659 Год назад +2

    Mean while a million people living on a street under it.

    • @ralphjohnson3202
      @ralphjohnson3202 10 месяцев назад

      @ellenlandowski If you're that concerned why don't you let them stay at your house?

  • @VIBEGOOD
    @VIBEGOOD Год назад

    I had my 2012 prom here.