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For the first time since the early 1990s, the center city of Phoenix is sprouting cranes, a steel signal that private capital is finally coming back. Major obstacles and unknowns face the enterprise of building a "24/7" downtown. But more than 30 major skyscrapers are being proposed in downtown and the Central Corridor. Some are little more than architectural renderings and a hope that enough condominiums can be presold to get the building financed. Some observers estimate no more than 35 percent of the many projects proposed will be built anytime soon. But some are real, such as the 34-story 44 Monroe tower and the Summit at Copper Square, both under construction. Others have solid backing. They will eventually happen. The 10 projects shown are among the high-rise projects most likely in the next five years, based on their developers, financial strength and location in the permitting pipeline. Even some of these may not be a given if the business cycle turns down too soon.
Below the cranes, smaller projects are also under construction or ready to break ground. For example, pioneering urban developer Eric Brown is preparing to start on the next phase of his Artisan Lofts project on Central Avenue at Willetta Street.
Together, these represent a sea change for the central core: the critical private investment that has buoyed every successful downtown in America but had evaded Phoenix's grasp. Central Phoenix is slowly moving from land speculation to building.
"There used to be little reason to live downtown," said David Wallach, developer of the $55 million Summit. "Now there's a confluence of projects, and people will have a reason." In addition to Wallach and Brown, other influential developers doing "real" projects include DFD CornoyerHed- rick, the partners behind Portland Place; RED Development and Don Cardon of CityScape; and Virginia developer Al Ludicello of the Central Park East skyscraper.
The change has been long in coming. Phoenix began abandoning its downtown in the 1960s and failed to catch the wave of center-city revival that began nationally in the 1980s. Even the building boom along the Central Corridor in that decade was more suburban than urban, lacking pedestrian appeal and multiuse development. Elsewhere, downtowns were making a stunning comeback even in "road warrior" cities ringed with suburbs. Yet here, successive revival efforts, such as the sports arenas, were never quite enough to create critical mass. But a tipping point has now been reached, thanks to:
• The Valley Metro light-rail line, which will not only connect the center city to Tempe and its ASU campus and other areas but also allow residents to live, work and play along the line in distinctly urban lifestyles.
• A downtown campus for Arizona State University, which will eventually have 15,000 students along with faculty and staff.
• The bio sciences campus, anchored by T-Gen and the University of Arizona College of Medicine, making downtown the heart of the state's most promising new industry.
• A hard-fought effort by center-city entrepreneurs and artists to establish unusual galleries and shops.
• Expansion of the Phoenix Convention Center and building of a city-financed Sheraton convention hotel.
Private developers are counting on these efforts to draw more people to the center city as residents, students, workers and customers. Rising gasoline prices and congestion won't hurt the appeal of center-city living either. Population growth in Greater Phoenix is another plus. If even a fraction of the millions in the metro area choose an urban lifestyle, it will fuel demand for years. At the same time, central-core office buildings are filling up, sparking plans for new towers. "Most people are going to be shocked at the changes of the Phoenix skyline over the next five years," said David Cavazos, deputy city manager charged with much of the center-city planning. Still, the activity is coming relatively late in the current cycle. Some projects could be undone by rising interest rates, falling home sales or anxiety about a condo glut. Don Keuth, president of the Phoenix Community Alliance, the center-city economic-development organization, said he has been spending much of his time identifying promising projects and helping speed them through city permitting and other obstacles. "We need to get as many of these done before the window closes," Keuth said. Timing isn't the only potential obstacle. Land remains relatively expensive, and developers and contractors are facing rising costs for labor and material. Projects must also make peace with nearby residential neighborhoods and pass the height limit for Sky Harbor International Airport.
Even the legal issue of "crane swing," where a construction crane must travel over adjacent properties while working on a compact site, is a new issue for Phoenix. City government is also only beginning to address the kinds of zoning and code provisions that make it easy to rehab an old building or build a business without suburban parking requirements. This is a particular barrier to the kinds of small entrepreneurs that thrive in cities such as Seattle. They lack the tens of thousands of dollars that can be needed to navigate the labyrinthine permitting process. The city is only beginning to move on this issue.
Small-business and gallery owners have other concerns, especially that they not be accidentally undermined as the city focuses on big projects such as ASU.
Indeed, the big projects won't achieve their promise without the human-scaled "small stuff," such as lively street scapes, abundant shade and easy connectivity among different urban districts.
Another challenge: Phoenix has lower incomes and educational levels than most cities with vibrant downtowns. Affluent, educated residents tend to be early adopters of an urban lifestyle. Phoenix also lacks the major corporate headquarters that fill office towers.
Some still question whether Phoenicians have much taste for urban living at all; hence most major local developers are still sitting out.
Yet the market appears to be there. Conservative estimates put center-city office demand over the next decade and a half at 15 million square feet. That's 38 more buildings the size of Phelps Dodge Tower.
An additional 20,000 condos are also expected. That would require 75 more buildings the size of the Summit at Copper Square.
Some don't need any convincing. The Summit's Wallach recently brought a group of Chicago developers to downtown, and they were impressed by the opportunity.
I think the naysayers will come to regret that time on the sidelines.
..... Glen Creno in the Arizona Republic
Q: Why is there so much interest suddenly in building condos and lofts in metro Phoenix?
Q: What parts of the metro area will have the big concentrations of these projects?
A: Areas that provide the amenities (with a) walk-to relationship to condo living.
Q: Is this condo boom just a fad, or are there enough buyers to sustain it?
A: Condominiums will always be attractive to young professionals and empty nesters, who make up a large segment of the housing market, as long as the location is right.
Q: What is the future of the 24th Street and Camelback Road area where a development team including Donald Trump and Westcor want to build higher? Will there eventually be high-rise buildings there and east along Camelback?
A: High-rise buildings east and west of 24th along Camelback would increase all property values in the surrounding areas by solidifying the economic base and provide a landscape architectural identity of commercial activity along Camelback. It is up to the community to determine an appropriate height, which is probably higher than some single-family residents would like to see and lower than that proposed by some developers.
Q: So many of these condo projects are selling units that cost hundreds of thousands of dollars. With the Phoenix area facing a crunch of affordable housing, how can these condos be offered at more affordable prices?
A: Developers should provide a wide range of sizes and prices to accommodate the entire market. This could mean a few more units, but in buildings that are actually smaller in size and mass.
Q: Will the Phoenix area always be dominated by single-family homes, or will condos and lofts become a significant part of the business?
A: Condos will become a substantial component of all housing because it is a simpler, more efficient, more economical way to live.
Q: Do you expect more builders of single-family homes to jump into infill sites with multifamily projects in the Phoenix area?
A: No. Everyone has a niche. Builders of single-family homes have a totally different kind of expertise that does not necessarily translate into multifamily.
Proximity to transportation corridors, urban centers, and local attractions draw land-loving young professionals to high-density loft-style condominiums. If you're looking for a condo with a twist, a loft may be just the home for you. Lofts vary in price depending on the city, units in the Chicago area start around $200k for 800 square feet and top $1 million for 2,500 square feet. A true loft is a conversion of a vintage factory or warehouse, having a harder edge of concrete construction, or "mill" construction of exposed brick and original wood posts, beams and floors. Ceilings should be over ten feet high at least. This is increasingly very important for loft purchasers, as developers are now building condos with slightly higher ceilings than in the past. It is the height that helps give a loft the feeling of air and space. Larger windows and open concept layouts also help. Ceilings are unfinished and pipes and heating ducts are exposed. Do not expect to find a 1,000 square foot loft divided up into two bedrooms and a den. It will more likely have a kitchen and a bathroom with the rest of the space left as one large open room, which you can work with and use according to your own functions and needs. Some people think a loft means you have a second mezzanine level overlooking the floor below, but that is simply one style of loft. Beware of another type of loft -- the newly constructed loft (or "soft lofts"), which are "Condos with high ceilings", and are just Chicago condo developers trying to cash in on the popularity of lofts. They are still great units, just not "true" lofts. Less traditional lofts have a kitchen and living room on the lower floor and an open second floor for bedrooms. Chicago, Houston, New York, San Francisco, and Tampa have strong loft markets. The public seemingly cannot get enough . “Atlanta’s loft supply and demand has increased so much that there’s a separate listing for lofts in the newspaper.”
Artisan Commons
2942 N. 48th St. at Osborn
Phoenix, AZ.
Phoenix Brownstones & Townhomes, Artisan Commons is located in the Arcadia area. Community offers Pool, Sport Court and Dog Park.
Artisan Lofts on Central
1410 N Central Ave
Phoenix, AZ 85004
Built in 2004, The Artisan Lofts on Central features 40 live/work residences in a mixed use setting. Amenities include rooftop decks or balconies, fitness center, lap pool, putting green and a dog park. The Cheuvront Wine Bar & Cafe and the Orange Salon occupy spaces on the ground level of the building. You can enjoy the convenience of all the splendors Downtown Phoenix has to offer including business space, offices and restaurants. There are 12 floor plans, each unit has a balcony with mountain or skyline views. Each unit comes with a standard 2 car parking spaces. Amenities include a lap pool, putting green, workout center, conference room, garden courtyard and a dog park. These are stunning, prestigous lofts in the perfect location along the light rail.
Artisan Lofts on Osborn
914 E. Osborn
Phoenix, AZ 85014
Built in 2001, this loft complex is centrally located across the street from and overlooking the Phoenix Country Club. Amenities include pool and fitness room. Similar to the Artisan on Central, this is a 5 storey building with 40 units; 13 out of the 40 units are two-story units. The lofts range in size from 1,000 to a little under 3,000 sq. ft. and have great views. The rooftop terrace has a community pool, spa and BBQ. These re-sale units are warehouse style lofts with concrete floors and sparse amenities.
Artisan Parkview
706 East Washington
Phoenix,AZ. 85034
Across the street from Chase Field, Arizona Science Center, Heritage Square, and Pizza Bianco, which has beem rated as the best pizza in the USA. This three level town home/loft has a great front patio for entertaining as well as a third level deck off the masterbedroom. Located on the future light rail line, right in the middle of all the downtown action.
Artisan Village
615 East Portland (7th & Roosevelt)
Phoenix, AZ.
Some of these units have their own storefront space on the first floor. The downstairs bakery delivers right to residents.
Biltmore Cloisters
Biltmore Fairway Lodge
8 Biltmore Estates
Phoenix, AZ. 85016
Fairway Lodge at the Biltmore is the first new home community to be added to the Biltmore resort in over a decade. Enjoy an unparalleled location with its clubhouse and pool area overlooking the Adobe Golf Course. One, two and three bedroom homes are available, with sizes ranging from 1,780 to 3,087 square feet. Amenities extend far to a spacious 5000 sq.ft. clubhouse, fitness center and social lounge. Gorgeous kitchens feature Wolf or Viking ranges and refrigerators, granite counters and your choice of maple, alder, or hickory cabinetry. Lavish master baths with marble vanities, jetted tubs and separate showers are some of the upgrades.
Biltmore Lofts
4326 N 25th St
Phoenix, AZ 85016
Close to downtown, airport, cultural and sports centers and a block and a half from the Biltmore shopping and dining
Biltmore Meridian
Biltmore Terrace
Brownstone Square Row Houses
3451 East Lance Lane
Phoenix,AZ. 850
New 42-Home subdivision. Three-story row houses of block construction, contemporary floor plans and finishes. Optional rooftop decks with city lights, mountain views, fireplaces, wiring, brick trim, gated entry, community pool, spa and central courtyard. Three elevations to choose from. Great Phoenix location, minutes from Biltmore Fashion Park, Sky Harbor Airport, and downtown sports venues.
Buchanan Place Lofts
102 E Buchanan St
Phoenix, AZ 85004
Located on the corner of 1st Street and Buchanan in downtown Phoenix's warehouse district with close proximity to the Bank One Ballpark and America West Arena, these lofts are just west of the Stadium Lofts. The first four floors of Buchanan Place are commercial office space with residential penthouse lofts on the fifth and sixth floors. Sizes are 1,460 and 1,625 square feet or can be combined into a custom 3,200+ square feet. Phoenix’s emerging Warehouse district dates back to the early 1900’s and is bordered by Madison Street on the north and Lincoln Street on the south and runs from 7th street on the east to 7th Avenue on the west. The area is now typified by narrow free lined streets, pedestrian friendly sidewalks, and old historic brick warehouse buildings. The proximity to Bank One Ballpark and America West Arena makes living and working in the Warehouse District a natural for sports fans. Restaurants and clubs along Buchanan and Jackson add to the emerging urban night life. Those with a cultural edge will appreciate the proximity to venues such as The Dodge Theater, The Civic Plaza, The Science Museum, and Phoenix Symphony Hall. The new Phoenix Light Rail, “The Metro”, will soon be running just blocks away.
Camelback Place
3251 E Camelback Rd.
Phoenix, AZ. 85018
Another Al Beadle contemporary architectural design in the heart of the Camelback Biltmore corridor.
Canvas @ 1011 (proposed)
Phoenix, AZ.
Built vertically, "Canvas @ 1011" will hold condos, hotel-like units, medical offices, mixed-use spaces, and a gallery hosting art from the community's finest artists. Atop the pair of buildings known as "Canvas @ 1011", some of the most attractive amenities will be a swimming pool with beach, basketball court, 2-acre park, solarium and promenade. Additionally, the building will provide a shopping mall, full state-of-the-art gym, and parking garage. The entire complex is scheduled to be completed in November of 2008. Located just south of Margaret T. Hance Park at E. Roosevelt Street, just around the corner from where the light-rail will be built. These condos are being built with the flexibility, luxury and amenity of a 4-star hotel.
The Carlyle
5303 North 7th St.
Phoenix, AZ. 85014
Located on 7th Street between Camelback and Missouri, The Carlyle is an exceptional opportunity to own your own home in the heart of Phoenix’s central corridor. Residents enjoy beautifully landscaped grounds and upscale interior features in five unique floor plans. The Carlyle represents a rare mix of value and urban sophistication in an up and coming destination neighborhood. Everything is a short trip from The Carlyle with Biltmore Plaza, Camelback Esplanade and other shopping destinations just a few miles away. The area boasts Phoenix’s finest dining, from world class restaurants to cozy cafés. Nearby Piestewa Peak and Camelback Mountain will keep hikers, bikers and walkers busy, while golfers enjoy a wide choice of courses.
Catalina Row Lofts (Beadle View)
211 East Catalina
Phoenix, AZ. 85012
Designed by John Chonka, this loft project also is known as Beadle View Row Lofts because of its view of three Al Beadle properties. There are 4 units, each unit is multi-level.
Central & Buchanan (proposed)
Central Avenie and Buchanan Street
Phoenix, AZ.
Located in the Warehouse District of downtown Phoenix, the Central and Buchanan project will feature inspiring architecture, spectacular views, and exciting amenities at a moderate price. The twin tower high-rise project design includes a podium parking structure (one level below grade and 3 levels above grade) wrapped with retail and residential units to allow for both cost-efficient construction and a neighborhood-friendly scale at the street level. The 1.8 acre site provides a net building area of 78,408 sf which has been designed to include 387 residential units, 4 retail units (9,941/sf) and 535 parking spaces. The average residential unit size of 937/sf equates to an average unit price under $430,000 (450/sf including balcony, view and orientation premiums). Over 65% of the units will be priced between $240,000 and $420,000 providing attractive purchase opportunities to a large segment of the Phoenix market. The project will be delivered fully entitled, ready to begin the marketing and pre-sales phase. Construction is anticipated to begin in mid-2006 with completion at the end of 2008.
Central & Palm (proposed)
Central Avenue and Palm Lane
Phoenix, AZ.
Located in the exclusive mid-town area of Phoenix, the Central & Palm Lane project is a 34 story high rise structure with an additional 6 story, 606 space parking structure. The project houses 326 condominium residences integrated into a world-class recreational environment featuring a state-of-the-art fitness center, rooftop swimming pool and sun deck. The upscale project design includes over 6000 square feet of retail and offers residents convenient access to the Playhouse in the Park Theatre, Heard Museum, Phoenix Art Museum, Phoenix Theatre and the Arts District. The average unit size of approximately 1,204 square feet equates to an average unit price of under $668,077 ($550/sf including balcony, view and orientation premiums). With projected sales pricing from the mid $300's, this project provides attractive purchase opportunities for the upscale segment of the Phoenix market.
Century Plaza (proposed)
3225 North Central Avenue
Phoenix, AZ. 85012
These loft style luxury high rise condominiums offer creative floorplans spectacular views and an perfect central location. Residents will enjoy private covered parking, 24 hour secured access, personal concierge services, state-of-the art workout facilities, club room, resort style pool and spa and many other exceptional amenities and services. These modern homes at Century plaza have been designed with a focus on open living and maximizing space. Each residence at Century Plaza Phoenix tower features 11 foot ceilings with floor to ceiling windows. Suites feature numerous curved walls and interesting art niches. A fascinating feature of the Century Plaza Phoenix condo suites are the ‘soft-loft’ concepts with open ceilings in living areas and build in dining areas in some suites. Doors are a stunning 8 feet and are two paneled. You will find stunning wall to wall plush carpet with a deluxe pad in the homes of Century Plaza Phoenix condo tower. Master suites have spacious walk in closets and contemporary square corners. Extras include track lighting, spectacular scenic views of the Phoenix skyline and surrounding mountains, elegant granite slab kitchen countertops with 4” backsplash and open kitchens with extended bars. Each suite offers spectacular view of scenic Phoenix and the surrounding mountains.
Chateaux on Central
Central Ave.
Phoenix, AZ.
Located in a truly spectacular urban setting, adjacent to Willo Historic District on the west, Alvarado and Coronado Historic District to the east and Roosevelt Historic District to the south. Chateaux residences are just a short stroll away from the Playhouse in the Park Theatre, Heard Museum, Phoenix Art Museum, Phoenix Theatre, the Arts District, Burton Barr Central Library, Margaret T. Hance Park, the Japanese Friendship Garden and Tea Garden, the Irish Cultural Center. Across the street is the Viad Sculpture garden, a lush oasis with mature green landscape, ponds and water features. The new Metro Light rail system will offer two rapid transit stations within short walking distance to provide transportation to the residents of Chateaux to downtown Phoenix events at the Civic Center, Bank One Ball Park, America West Arena, Herberger Theater, Dodge Theatre, Orpheum Theatre, Science Museum, Phoenix History Museum, Heritage Square, Symphony Hall, Valley Youth Theatre, Arizona Center, downtown galleries, shopping, hotels, fine dining and Sky Harbor Airport. Chateaux on Central is an exclusive, gated property with 21 five-level townhomes ranging from 5,100 to over 8,200 livable square feet. Choose from six spacious floor plans that can be customized to provide the ultimate urban lifestyle.
City Lofts (proposed)
4450 East Bellview
Phoenix, AZ. 85008
Planned in two 300-residence phases and hosts a variety of residence options. For the frequent traveler, the City Loft location near Sky Harbor airport offers lock and leave appeal as well as gateway access to the Camelback Corridor, Tempe, Scottsdale, downtown Phoenix and I-10 & 202 Freeway access.
Cityscape (proposed)
Phoenix, AZ. 85003
CityScape is the working project name for this new multi-use development. A final project name will be introduced at a future date when more project details have been finalized. While plenty of details remain to be worked out, including a taxpayers' subsidy, the project calls for four high-rise towers up to 500 feet, 1,200 residential condominium units and 100,000 square feet for a public plaza. It would take at least five years to build. If successful, the 2.5 million square-foot project would be the largest infusion of private dollars into downtown. Currently, the biggest downtown capital project is the publicly financed convention center, which is being renovated for $600 million. This project will feature about 245,000 square feet of retail/commercial development, a 150-room boutique hotel and 800,000 square feet of new office space.
Compound Lofts
4700 E Van Buren
Phoenix, AZ.
Compound Lofts is located near the landmark Tovrea Ranch House that is being transformed into The Kitchen Restaurant and Holy Cow Jazz Club by the company. Compound Lofts combines an historical address with proximity to Phoenix Sky Harbor Airport, Tempe and freeway access. The residential tower will have a variety of residences with prices starting in the $190,000s.
Copper Pointe
Phoenix, AZ.
Planned are three 40 story residential towers...Copper Pointe Condominiums, The Residences at Copper Point and The Lofts at Copper Point. Combined they will offer a variety of urban living concepts including luxury residences, flats and lofts, all with unprecedented amenities
Copper Square Lofts - Summit at Copper Square
Between 3rd and 4th off Jackson
Phoenix, AZ
Located in the center of the Copper Square neighborhood in downtown residential warehouse district with 16 floors and 165 units, enjoy excellent views of the mountains and the city skyline. The lots are near various eateries and cultural event venues. From the moment you step inside its grand entrance you know you have found a true oasis of luxury and fine living. No detail has been overlooked in the Summit at Copper Square luxury condo tower, from the solid granite found through out to the stunning floor to ceiling windows found in all homes at the Summit at Copper Square tower. All the modern luxuries and amenities you would expect from a high-end condo tower are both met and exceeded at the Summit at Copper Square luxury tower. Offering central hot water, and central air conditioning the Summit at Copper Square luxury condo tower in Phoenix sets a new standard that others will find hard to follow. All suites feature hardwood floors in the foyer, living room, kitchen and hall ways. There is a raised panel solid core wood door in the entry and brushed chrome lever type doors found through out. The master bedrooms at Summit at Copper Square condo tower in Phoenix are more like premium high-end 5 star hotel rooms that a room at at high-rise condo. With magnificent black marble vanity tops and beautiful Kohler faucets and soaking tubs the Summit at Copper Square is the pinnacle in luxury condo living in Phoenix.
Cosmopolitan Towers (proposed)
702 North 3rd St. at Pierce
Phoenix, AZ. 85004
The Towers consist of 16 stories of residential loft condominiums, ranging from 536 square foot studios to 3,133 square foot two-story penthouses. Amenities include underground parking, ground floor restaurants, and retail space. The Towers are located within walking distance from the Arizona Center Retail Shopping Center, Downtown Phoenix, America West Arena, and Bank One Ballpark. Too often in todays condominium market developers leave little room for personal expression and design. This is not the case at Cosmopolitan Tower Lofts Phoenix with extremely open floor plans allowing for residents or owners to customize the floorplan to their liking and use. The loft style nature of the Cosmopolitan Tower Lofts Phoenix means that there are very little internal walls, creating an open space that feels much larger than the square footage would suggest. Floor plans start at 536 square feel for a studio loft and then go all the way to an incredible 3,133 square foot 4 level penthouse. Again, even with the penthouse suites at the Cosmopolitan Tower Lofts Phoenix there is maximum flexibility for internal design and partitioning. All floor plans still are designed with modern kitchen and luxury bathrooms making the Cosmopolitan Tower Lofts Phoenix condominium tower like no other in Phoneix.
Crystal Point
1040 East Osborn Rd.
Phoenix, AZ. 85014
Spectacular luxury living with fantastic views of Phoenix Country Club, Camelback Mountain, Squaw Peak, with city lights and more. Crystal Point is Phoenix's finest condominium living. Convenient to arts, sports and all the activities the city provides. Incredible amenities for the ultimate in maintenance free living. Separate guest suites available. Complete with olympic size lap pool, fitness center, spa, clubhouse, 24-hour doorman, concierge and much more.
The District
52nd St. and Oak
Phoenix, AZ.
Urban style row housing comes to East Phoenix. Located behind secured gates, these 2 car garage, 3 story row homes offer some of the best views of Camelback Mountain and the Papago Peaks. With only 47 residences available, these 2 or 3 bedroom homes offer a one of a kind living opportunity in Phoenix. The community features a pool, large patios and an optional theatre room/study/third bedroom. Located adjacent to Arcadia and Scottsdale, The District offers affordable family living in a prime location.
Downtown Lofts
424 South 2nd St.
Phoenix, AZ. 85004
Embassy
805 North 4th Ave.
Phoenix, AZ. 85003
Breath-taking views to the north of historic homes and the high-rises along Central Avenue. To the south are the stunning downtown lights.
Esplanade Place
2404 E Esplanade Place
Phoenix, AZ 85016
This unique luxury 12-floor condominium is in the nerve center of the city's business and financial district at the intersection of 24th Street and Camelback. There are 56 units ranging from 2,417 to 4,250 square feet. The Esplanade Place sets the valley's standard for residential high-rises.
Executive Towers
207 West Clarendon
Phoenix, AZ. 85013
This Al Beadle design is full of fun and contagious energy that seems to rub off on residents and their guests alike. Views of downtown Phoenix, city lights and mountains to the north and the south. 24-hr doorman and all utilities except phone and cable included in the HOA. Neighborhood shopping within 1/2 mile. Close to future light rail now under construction on Central Avenue.
Fifth & Lincoln (proposed)
Fifth Street and Lincoln
Phoenix, AZ.
Located in the Warehouse District of downtown Phoenix, the 5th and Lincoln project will offer an innovative mix of studios, lofts, and flats featuring incredible views and exciting amenities. The twin-tower project design includes a podium parking structure (1 level below grade and 4 levels above grade) wrapped with retail and residential units to allow for both cost-efficient construction and a neighborhood-friendly scale at the street level. The conceptual design envisions 387 residential units, 4 retail units (21,875 sf) and 497 parking spaces. The average residential unit size of 875 sf with projected sales pricing averaging approximately $427/sf equates to an average unit price under $375,000, thereby enabling the 5th and Lincoln project to appeal to a large segment of the Phoenix market. The project will be delivered fully entitled, ready to begin the marketing and pre-sales phase. Construction is anticipated to begin in mid-2006 with completion at the end of 2008.
Fillmore Lofts
387 N Second Ave (at Filmore)
Phoenix, AZ 85003
Located in the Roosevelt Historic District. The first to be built in downtown Phoenix. Originally built as the Casa Mar Val apartment in 1929, it was renovated to 18 Lofts in 2000, with hardwood floors, stainless steel countertops and maple or hickory cabinets. It has a renovated warehouse feel with exposed bricks, pipes and ductwork, high ceilings and open floor plans. Each unit is uniquely different and has its own detached single garage and carport. The building is completely gated and has low-maintenance desert landscaping.
Fontenelle Lofts
525 North 3rd St. at Roosevelt.
Phoenix, AZ 85006
This "Turn of The Century" apartment building was converted into 7 urban lofts. The Fontonelle is in the Roosevelt Historic District. Other notable properties in the neighborhood include the renovated Gold Spot Market Building across the street which houses an Italian deli, hair salon and art gallery. Located within walking distance to Downtown Phoenix. The units are 2 story, include smart wiring and private garage entry with private garden outside the building.
Forma (proposed)
Windsor and Third Street
Phoenix, AZ.
Forma offers ultra-modern and spacious 2 bedroom 2 bath loft residences with a common pool, large patio and roof decks. There are a proposed 16 units which will start at around 2,000 square feet.
George (proposed)
5600 North 12th St.
Phoenix, AZ. 85016
'George' is an exciting development of eight contemporary residences designed by the award winning architectural firm Studio MA. This exclusive enclave is superbly located in gracious North Central Corridor. The 12th St. and Missouri location offers the finest shopping, restaurants, recreational activities and sought after schools. Exterior detailing includes standing seam galvanized and rusted corrugated steel, desert landscape with native trees, and modern architecture. Luxuriuos interiors feature 9’0 ceiling heights, acid-stained concrete floors, upgraded designer carpet, gourmet kitchens with European style cabinetry, Kitchen-aid appliances, solid surface or granite counters, luxurious baths and Kohler plumbing throughout. Each 2400 square feet home is detached with private two car parking and large private patios and side yards. The 'George' has a security gate and camera monitoring. Target prices begin in the low $700’s. Completion is scheduled by early 2007. Convenient access to 51 and downtown. At 'George' you can live in the city and still have the best schools and a yard large enough for a small pool.
Landmark Tower on Central
4750 N. Central Ave.
Phoenix, AZ. 85012
This funky high-rise is just plain fun with its 60's heritage meshed with luxurious contemporary details. An eclectic mix of modern and vintage flair, with a 17-story tower of condominiums overlooking the skyline. Originally opened in 1964, the building has been grandly renovated to play up its architectural highlights including floor-to-ceiling windows opening onto panoramic balconies.
La Terraza at Biltmore
4644 N. 22nd St.
Phoenix, AZ. 85016
In the heart of uptown Phoenix's highly desirable Camelback Corridor sits Montecito's latest Arizona condominium community, La Terraza at Biltmore.
Lofts at Coulter
Coulter east of 17th Avenue
Phoenix, AZ.
Colter is a gated and walled community with private streets. Colter homeowners own the land too, not just the structure. Unlike condos, Colter homes have no common or shared walls. Each home has a built-in oversized 2-car garage with storage. Building layout creates sense of privacy for each unit There's also a resort-style 35,000 gallon pool, spa and "Party Bar" and a community citrus orchard and garden. There are three distinctive two-story stucco-clad floorplans.
Lofts at Filmore
387 N Second Ave at Filmore
Phoenix, AZ 85003
Originally called the Moeller Bldg., built in 1929 by Lizy Moeller. This former 60 room hotel/apartment was converted to 18 residential lofts by Bill Mahoney, developer and Carl Bruckman, architect in 2000. This was the first Loft conversion in Phoenix and was the recipient of the Dreamer Award. This 1929 building and its lofts are exquisitely designed and exude charm, creativity, and neighborly comraderie
Lofts at Orchidhouse (Tempe)
21 E 6th St
Tempe, AZ 85281
Phoenix area loft living at its best. The Orchidhouse Lofts were authentically renovated from a warehouse and currently offer 83 lofts (including 5 penthouses) and are available for purchase. They offer 15 foot cathedral style ceilings, ceramic floors, european style baths, and much more. The Lofts are central to downtown Tempe and Sky Harbor International Airport.
Metro Lofts (proposed)
Central Ave. and Highland
Phoenix, AZ.
City Loft Company’s 30-story Metro Lofts in Phoenix combines an exclusive north Central address with proximity to light rail and the Camelback corridor. The residential tower has 428 condominium units from one bedroom lofts to two-story penthouses.
Metropolitan Lofts
531 West Thomas.
Phoenix, AZ.
The Metropolitan Lofts are planned just north of the Willow Historic District, just west of downtown Phoenix. These lofts combine an excellent address with proximity to downtown Phoenix, the Central Corridor, I-10 and 51 Freeway access. Prices for residences at Metropolitan Lofts start in the $200,000s. The project was fully reserved within four months.
McKinley Lofts (proposed)
215 East McKinley
Phoenix, AZ.
You can relax on a second floor sun deck and feel secure with gated parking and a state of the art card reader entry system. Open air balconies let you enjoy the fresh air and feel connected to the bustle of the city below, with only 12 units, your neighbors just might become your best friends. A short walk to The Metro light rail station will take you to Sky Harbor, Tempe, Mesa or walk to a myriad of sporting events, theaters, shopping, or fine dining right in your neighborhood.
McKinley Lofts
4501 E. McKinley (44th St. and Van Buren)
Phoenix, AZ. 85008
This property is designed in a contemporary style inspired by the American Art Deco movement. It will be 11 stories tall with 253 condo units consisting of one and two bedroom lofts and penthouse lofts. This will be build-to-suit, so each individual unit can be customized. Located near 44th St and Van Buren, it is convenient to a future light rail stop, Sky Harbor Airport and down town via light rail.
44 Monroe Place
44 West Monroe St.
Phoenix, AZ. 85003
With 44 Monroe Place, Grace Communities has launched an unprecedented 34-story high-rise residential tower destined to be a monument on the Phoenix skyline forever. Located at the corner of Monroe and 1st Avenue, 44 Monroe is at the epicenter of the action in downtown Phoenix by day or night. Distant work commutes are now reduced to a walk, as are trips to your favorite local restaurants, art galleries, shows, museums, and sporting events. You can enjoy the eighth floor pool and spa framed by sky views, an outdoor terrace and sundeck, a rejuvenating fitness center, business center, community center and conference room. All 202 residences will be outfitted with SmartHome technology and balconies with views of the mountains and Phoenix skyline. Enjoy the ease of taking an elevator ride to the first floor gourmet market to shop for groceries, wine and necessities. Never worry about parking downtown again, eight floors of secured parking will be provided for you. Phoenix's premier lock and leave lifestyle awaits you at 44 Monroe. 44 Monroe is at the epicenter of the vibe in downtown Phoenix by day or night. Celebrate culture with the Arizona Opera and Phoenix Symphony just blocks away. Relax with a read at the Phoenix Library. Ponder Picassos at the Phoenix Art Museum or seek out a find at First Fridays in the gallery-rich downtown arts district. Discover Delicacies at an eclectic collection of award-winning restaurants within walking distance. Gravitate to Genius with a stroll to the Arizona Science Center and its IMAX experience. See sporting spectacles with the Diamondbacks at Chase/Bank One Ballpark or the Suns & Rattlers at America West Arena. Or, Preview a Play at the Dodge, Herbeger or Orpheum theatres. The Vibe of downtown Phoenix is outside your door.
Montelucia (Paradise Valley)
4949 E. Lincoln Drive
Paradise Valley, AZ 85253
Nested between bustling Phoenix and upscale Scottsdale at the base of Camelback Mountain, Montelucia offers 34 Old World Spanish influenced residences. The residences consist of 34 villas ranging from 3,800 to 4,800 square feet. Sitting upon 28 acres in exclusive Paradise Valley, Montelucia features all resort amenities including a 30,000 square foot spa, dining, piano par, boutique shops, ballroom and meeting facilities. The old world architecture of Andalucia mixed with Paradise Valley creates an incomparable lifestyle of luxury.
Oakwood at Camelback Lofts
4644 N 22ND St.
Phoenix, AZ. 85016
Camelback Lofts has something for everyone. Located in the famous Biltmore area, this gated community boasts a swimming pool and spa, a state-of-the-art fitness center, direct access garages, barbeque areas, and enchanting waterscapes. The rooms are accented with beautiful vaulted ceilings, fireplaces, and patios/balconies. For the golf enthusiast, championship golf courses are just a swing away.
Optima Biltmore Towers
2375 E Camelback Rd
Phoenix, AZ 85016
Soon to be the new standard in city living, Optima Biltmore Towers will change your idea of urban living as quickly as it will transform the Phoenix skyline. The property's architecture will create a residence noteworthy for its sculptural beauty, solar efficiency and insurmountable location.
Orpheum Lofts
114 W Adams St
Phoenix, AZ 85003
With renovation completed in 2005, it now features 90 art deco style lofts. The Orpheus Lofts are located in the historical building formerly known as the Phoenix Title and Trust Building located in the center of Phoenix's Downtown Historical District. An Art Deco-style building with marble floored lobby and concrete ceilings, the Orpheus Lofts range in size from 700-1800 square feet. Amenities include heated pool & spa, fitness center, conference and events rooms, valet parking and upscale retail facilities at street level.
Palm Lane Lofts
325 East Palm Lane
Phoenix, AZ. 85004
Palm Lane, one of the most beautiful streets in Phoenix, is home to these new Ilan Baldinger contemporary lofts... one of the city’s finest in loft living spaces. Built in 2004, this gated community of just 11 luxury loft homes is located in the heart of Phoenix’s Central Corridor near the Arts District, historic Alvarado district, and is walking distance to new light rail and the Phoenix Art and Heard Museums. Amenities include the finest in contemporary European kitchens, top quality appliances, designer fixtures and lighting, specialty block construction and expressive aluminum and steel detailing. From the gleaming chrome fixtures to the deeply finished granite counters everything says luxury. If you picture an urban life surrounded by the museums, fine dining and a convenient walk to the future light rail corridor, all in a gracious and established Phoenix neighborhood, picture the Palm Lane Lofts.
Phoenix Towers
2201 North central Ave.
Phoenix, AZ.
Uncommon in the West, this beautiful high rise along Central Avenue is a cooperative type of ownership, as opposed to a condominium. Monthly assessment includes heating & cooling, taxes, insurance, 24 hour doorman, pool and parking.
Portland Place
212 W. Portland St.
Phoenix, AZ 85003
Located on Portland Park between Central and 3rd Avenue, these condominiums and brownstones offer 950 to 2,900 square feet of living space in a choice of one to three-bedroom units. Each unit has a balcony that treats you to an amazing view of a Japanese friendship garden and Hance Park from any of the six-, eight- or ten-story buildings. 215 flat and 2-story lofts. Underground secured parking, roof deck gardens, rooftop pools, fitness center, private patios/balconies, gas fireplaces, state-of-the-art IT environment. On the light rail, on tree-lined street ending in Portland's Restaurant.
Portland 38 (proposed)
Portland and 7th St.
Phoenix, AZ. 85
Portland 38 was designed by award-winning architect Michael Underhill to complement the neighborhood and make the most of the location. The 38 units range from 1217-1500 SF and are open, spacious and flexible with clean lines that offer a simple backdrop for any style. Large windows and high ceilings allow for an abundance of natural light. Interior touches like custom kitchen cabinetry, stainless steel European appliances and Kohler plumbing fixtures add a stylish finish. Portland 38 offers the perfect combination of public and private spaces. Each unit features its own entrance, oversized one-car garage and yard. The landscaping reflects a careful balance between the desert climate and lush tradition of historic Phoenix. Public spaces, including a swimming pool, poolside terrace, reflection garden and sizeable barbeque area, create a close sense of community.
'PRD 845'
8th Avenue and Roosevelt
Phoenix, AZ.
Located adjacent to the Roosevelt historic and arts district, and just a short walk from some of the best dining, restaurants and museums in town. A modern cluster of condominium homes, this example of modern architecture features a private, intimate enclave of superb materials, expressive design and sustainable construction. Designed by Studio MA and developed by Urbistruct, this project represents cutting-edge downtown living.
Providence on Central
9820 North Central Ave.
Phoenix, AZ. 85020
Located on the north end of Phoenix’s highly desirable Central Avenue corridor and at the base of North Mountain. This mid rise condo community is secured and gated with a heated community pool and spa, modern fitness center, and two reserved parking spaces...one in the garage and one external space. An elevator takes you from parking garage to condo and clubhouse. Just minutes north of downtown Phoenix, you can walk to nearby hiking trails of the nearby mountain.
Regency House
2323 North Central
Phoenix, AZ. 85004
The new lobby design by Libby Copeland won 2005 Best of Show - Commercial from the American Society of Interior Designers. This luxury high rise condo has spectacular views of nearby mountains and the city... City Living at its best! Close to the Heard and Phoenix Art Museum, Bank One Ballpark, America West Arena, shopping and more! Perfect location for anyone looking for a secure, low-maintenance home w/24 hr security and valet parking plus the convenience of a downtown location.
Residence at 2211 Camelback
2211 East Camelback Rd
Phoenix, AZ 85016
This 12-story luxury high-rise is a block east of Biltmore Fashion Park. This building has 90 condominium units.
Roosevelt Lofts (proposed)
414 East Roosevelt
Phoenix, AZ.
Modern mid-rise living with great views of downtown and North Central. Easy access to Interstate 10 and The Metro light rail. Energy efficient construction. Simple, uncomplicated.In the heart of the city's Arts District and the popular First Friday art walk. Live culturally amongst the growing number of galleries, live-work studios and restaurants. Be a part of the most exciting new project on a street that's sure to be the entertainment center of downtown.Enjoy summer with cool underground secure private parking. Enjoy winter from the 7th floor rooftop sun garden. Enjoy spring and fall from the comfort of your outdoor balcony or patio.
Roosevelt Square Townhomes
Phoenix, AZ.
These large downtown townhouse/ condo are hidden in the freshly spruced up Roosevelt Historic District.
Royal Wiletta
Phoenix, Az.
This mid-century modern building is undergoing restoration and conversion to condo ownership. 18 studio and one bedroom units all offer great views and private balconies. Plans call for a complete renewal of the interiors to a modern plan featuring designer materials. This four-level building is located near the ASU downtown campus and includes covered parking and a community pool. Units are target priced from $200,000.
St. Croix Villas
Phoenix, AZ.
Although a relatively unknown enclave, these have been sitting alone in relative obscurity... but not for long.
Seventh & Buchanan (proposed)
Seventh Street and Buchanan Street
Phoenix, AZ.
Located adjacent to the Chase Field in the Warehouse District of downtown Phoenix, the 7th and Buchanan project will offer attractive urban residences at a moderate price. The single 22 story tower project design includes a podium parking structure (one level below grade and 4 levels above grade) wrapped with retail and residential units to allow for cost-efficient construction. The conceptual design envisions including 300 residential units, a retail unit (5,400 sf) and 450 parking spaces. The average residential unit size of 800 sf with projected sales pricing averaging approximately $400/sf equates to an average unit price under $320,000 providing attractive purchase opportunities to a large segment of the Phoenix market. The project will be delivered fully entitled, ready to begin the marketing and pre-sales phase. Construction could begin in 2006 with completion at the end of 2008.
So Ho Lofts
Between 1st and 2nd off Buchanan
Phoenix, AZ.
The SoHo lofts are in the process of being renovated. The building will contain 32 residential units, and nearly half of these units are already occupied. The building is eight stories and will contain a restaurant, jogging track, pool, two stall parking, a 5,000 sq. ft. gym, and a health spa. The units range from 900 to 3,800 sq. ft.
Soleil (proposed)
3rd St. and Mulberry
Phoenix, AZ.
Soleil is a 3 story, 4 unit townhouse. A Le Corbusier inspired garden style townhouse development with a lap pool and a roof deck. These units start at 3,850 square feet.
Stadium Lofts
Portland St and Washington Ave
Phoenix, AZ 55401
Completed in 2005, this 31 unit loft complex is situated in the warehouse district of downtown Phoenix, in walking distance to America West Arena and Chase Park, many restaurants, museums, etc. The Stadium Lofts are considered Phoenix's ultimate downtown lofts and are the closest thing to “true” lofts in Phoenix. These units have high ceilings, brick walls, exposed ductwork, and few interior walls. It is located central to the art district and the industrial district.
Steele Row (proposed)
4030 North 3rd St.
Phoenix, AZ. 85012
Steele Row is located approximately two miles north of downtown which offers a great central location to all the valley has to offer and is footsteps from the future light rail, and a small hop to "Steele" Indian School Park. Located in the major Phoenix business corridor, Steele Row is convenient to many dining, shopping and downtown sports and entertainment venues.
Tapestry on Central
2602 North Central Ave. at 42 W.Encanto Blvd.
Phoenix, Arizona 85003
Tapestry offers an urban retreat to the discerning homeowner. Entertain in gourmet kitchens with granite countertops, luxuriate in spa-inspired bathrooms, and contemplate the views through oversized windows. Resort-style amenities at Tapestry include a lap pool, spa, clubhouse and fully equipped fitness center. This three-building high rise community offers 3 different styles of homes: street-level townhomes, expansive one-level residences and executive style penthouses in a wide array of floorplans.
Third & Earl (proposed)
Third St. and Earl
Phoenix, AZ.
Located in the mid-town area of Phoenix, the 3rd and Earll project is a gate-guarded urban enclave of town house, loft, and high rise condominium residences integrated into a world-class recreational environment featuring a 5,500 square foot state-of-the-art fitness center, a landmark-size swimming pool, tennis and beach volleyball courts. The unique project design includes three 22 floor condominium towers, 90 separate town house units, and a 1,337 space underground parking structure that allows for both cost-efficient construction and compatibility with the surrounding neighborhood. The 8.3 acre site will include 800 residential units constructed in 5 phases. The average unit size of approximately 1,028 square feet equates to an average unit price of under $500,000 ($490/sf including balcony, view and orientation premiums). With projected sales pricing from the mid to high $200's, this project provides attractive purchase opportunities for a large segment of the Phoenix market.
Third Avenue Palms
3633 North 3rd Avenue
Phoenix, AZ. 85013
On the future light rail, these contemporary soft lofts have hard-to-find attached garages, all at an affordable price. The Third Avenue Palms offer modern and convenient urban living at it's finest. Close to restaurants shopping downtown and just minutes away from anything you need, including Sky Harbor International Airport. 3rd Avenue Palms is nestled near attractions such as the Chase Ballpark, Phoenix Symphony Hall, and in December of 2008 the light rail will be just two blocks away. Spacious master bedrooms with large bathrooms and private balconies or patios are available in all select units. Granite countertops and upgraded appliances create a gourmet kitchen environment. A breakfast bar adds the convience of quick meals and entertaining. A state-of-the-art intrusion alarm system and gated community add to the feeling of security.
Two Biltmore Estates
2 Biltmore Estates
Phoenix, AZ. 85017
Two Biltmore Estates will consist of 2 and 3-story luxury condominiums located on the Adobe Golf Course. These exclusive stacked flats are surrounded by golf. With 38 residences ranging from approximately 3,550 to 4,800 square feet, they will offer large patios and a quiet, gated getaway, many with detached suites providing ample room for guests, a library or an office. Great location, Biltmore architectural style, and unique floor plans, gorgeous kitchens and lavish master suites, as well as amenities like a fitness center and a spectacular pool overlooking the fairways set these residences above the rest.
W Phoenix Hotel and Lofts (proposed)
Phoenix, AZ. 85003
The real estate project plan for The W Phoenix Hotel and condo residences is scheduled for the construction of up to one hundred and ninety luxury hotel suites and one hundred and seventy W Residences. The W Phoenix Condos will feature many different floor plans with layouts in one bedroom and two bedroom condominium residences, three bedroom private homes and penthouse suites. Also, The W Phoenix Hotel Condos will feature a large high-end restaurant of over three thousand square feet. With a four thousand square foot destination bar and a ten thousand square foot Bliss Spa and fitness center, The W Phoenix Hotel and Condo residences will feature some of the most amazing in house amenities a Phoenix real estate tower can provide. Costing well over a hundred million dollars, the W Hotel, which will stand thirty nine floors, promises to be a major development to the downtown Phoenix area. Scheduled for completion in 2008, The W residences was backed by the Phoenix Suns and owner Robert Sarver. Adjacent to the 39 story W hotel will be an second 11 story mixed-use/ condo building developed above the historic Sun Mercantile Building located next to The America West Arena. This project alone would be huge news for the ongoing revitilization of the downtown area. This is prime living at the top of a 5 star hotel with unparralleled ammenities!
Willetta 9
500 East Willetta
Phoenix, Arizona 85003
The Willetta 9 Lofts are located on the 500 block of East Willetta. Construction was completed in 2005.
Z Lofts (proposed)
Fillmore and 2nd Avenue
Phoenix, AZ 85003
The luxury urban residences at Z Lofts Tower in Phoenix are perfect for residences and investors alike who are looking for a modern luxury condominium home in the heart of the city of Phoenix. This modern construction luxury tower will feature units ranging from 1 bedroom to 3 bedroom and 3 bathroom. The Z Lofts will offer residents the best of both worlds: A luxury condominium home, and a location that is second to none in Phoenix. Living at the Z Lofts will be comfortable and secure, and with every modern convenience at hand. The Z Lofts Tower will redefine modern urban living. The 15 story modern luxury residence tower will feature amenities found at 5 star resorts such as a roof top pool with spectacular views of the city skyline and surrounding valley. Relax by the pool on the top floor on the beautiful sun deck before going to the custom build fitness centre for a workout. Your luxury is further enhanced by access to the recreational room, perfect for hosting a party or that special gathering. The location gives walking access to the best the city has to offer, whether a leisurely stroll down one of the tree-lined streets window shopping at the numerous boutiques, or enjoying a gourmet meal at a local restaurant. The Z Lofts Luxury Condominiums in Phoenix are within walking distance of the Civic Plaza, the museum, art galleries, theaters and sporting venues.