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Old Posted Jun 14, 2018, 5:14 PM
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CrestedSaguaro CrestedSaguaro is offline
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Akara Partners Buys Land for Downtown Phoenix Tower

Some great news for Kenect. Officially stating this will be 23 stories instead of 20 which was in the original plans I believe. So this project has gained 3 more floors and should start rolling soon!

Quote:
Akara Partners Buys Land for Downtown Phoenix Tower

The project, Kenect Phoenix, is set to comprise 320 units across 23 stories, and feature multiple rooftop amenities, as well as 8,000 square feet of ground-floor retail.

Jun 14, 2018 by Tudor Scolca
Downtown Phoenix

Akara Partners has closed on a land parcel in downtown Phoenix for a mixed-use development, Kenect Phoenix. The company plans to enable the growth of live-work-play environments, as the planned community will include approximately 8,000 square feet of ground-floor retail.

The site is located at 355 N. Central Ave., within walking distance of Arizona State University and across the street from the Van Buren/Central Avenue light rail station. The 23-story building is slated to have a total of 320 units, with a floorplan mix ranging from studios to three-bedroom apartments. Amenities will include integrated furnishings, social and co-working lounges, a fitness center, as well as a rooftop deck with a swimming pool, grill area and fire pits.

The downtown location enables future residents to access all that Phoenix has to offer, from a plethora of dining and entertainment options, to retail destinations and various employers. The Phoenix Convention Center, Arizona Center, Arizona Science Center and Chase Field are all within minutes of Kenect Phoenix.

“Phoenix is increasing in population and employment opportunities faster than almost any other city. We see that growth continuing across the region and especially downtown, which combines the vibrancy of a live-work-play neighborhood with the amenities of an urban core,” said Rajen Shastri, founder & CEO of Akara.
https://www.multihousingnews.com/pos...phoenix-tower/
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