I do, literally lived on Baseline and 101 for 8 years, I know the area quite well. It was average at best 20 years ago let alone now. To be clear, I don't mind the area as a normal person that I like to think I am, but one definitely has to question the idea of puting a "world class" arena and entertainment district there.
btw...Guadalupe is only 1/2 mile from Tempe too. In fact, that sums up a lot of Phoenix metro in general. There are extremely nice neighborhoods in just about every town in the Phoenix metro area. I mean hell as swanky and trendy as Arcadia is, just 3 miles south is literally the projects!