With a more than 30 year history, Babe's Cabaret (map) is in the process of being sold to Jenna Jameson.
Now, this is interesting because it's part of the 'hood of South Scottsdale, the same part of town that fought against a hockey arena because it would bring in undesirable elements to the area, which is pretty rundown to begin with.
You know, those hockey fans with the disposable income to actually be able to afford hockey tickets, and then food at the games. It would have likely helped renovate the area, gentrified it, all those things that reusing a large piece of land that just looks like crap usually does.