CALL US: 602-296-6200
CALL US: 602-296-6200

Chicago developer quietly prepping land for 24-story tower in downtown Phoenix

 Chicago developer quietly prepping land for 24-story tower in downtown Phoenix

Development in downtown and metro Phoenix continues to rise, literally and figuratively, to fill the ongoing dire need for housing. One of the latest applications comes from a Chicago-based company that aims to provide 318 units in a 24-story tower near Second and Portland streets in the heart of the desirable Roosevelt Row. Other high-rise apartment buildings in the works in and around downtown Phoenix include the two-tower Astra, which will rise to 36 and 45 floors; the 19-story X Phoenix at 2nd Avenue and Van Buren St., and the 29-story Palm Tower at the Arizona Center at Fifth and Van Buren streets. A total of 14,629 units should be completed in the Valley this year, including 3,622 in Phoenix.

 

Source: https://www.bizjournals.com/phoenix/news/2023/09/15/convexity-properties-tower-in-downtown-phoenix.html

Related post

Subscribe to The Home Front

Fill out the information below to join our newsletter.

This field is for validation purposes and should be left unchanged.