[Urbannizer]

What’s the deal with the Central Station apartment tower development in downtown Phoenix?

There’s plenty of construction going on with apartments and even a few condos in downtown and central Phoenix.

But one much-anticipated project where dirt isn’t yet being moved is a proposed 34-story apartment tower set to be built on the site of the Central Station light rail stop and Valley Metro bus hub.

The city of Phoenix picked Chicago-based Smithfield Properties LLC last year to redevelop the transit station into a $72 million apartment tower at Van Buren Street and Central Avenue.

The development is on city land that houses the transit station. But the developer needs to work a deal with the Federal Transit Administration to get the development going, according to city officials.