Phoenix Area Low- and Mid-Rise Development Thread

[ASU Diablo]

Was approved by City Countil. Hopefully this one moves fast...

https://azbigmedia.com/real-estate/forty600-brings-canal-oriented-development-to-central-phoenix/

Dining and entertainment restaurants line the canals in Scottsdale, making it a popular destination for thousands of people. It might soon be possible for Phoenix residents to do the same after the city council unanimously approved the Forty600 development project, which will create a mixed-use development near Brophy College Preparatory at Coolidge Street and Camelback Road, on the site of the now demolished Hinkley's Lighting Factory.

Plans call for a seven-floor apartment complex with 155 units and a ground floor, with commercial space including a restaurant with exterior seating facing the Grand Canal and shaded sidewalks.

Also, demo work underway on the buildings north of Brooklyn Bedding (NEC of 7th Ave and Camelback) for the apartment project that was proposed there.

[CrestedSaguaro]

Originally Posted by ASU Diablo

Was approved by City Countil. Hopefully this one moves fast...

https://azbigmedia.com/real-estate/forty600-brings-canal-oriented-development-to-central-phoenix/



Also, demo work underway on the buildings north of Brooklyn Bedding (NEC of 7th Ave and Camelback) for the proposed apartment project that was proposed there.

Found some better renderings:









Merge Architectural Group: https://www.mergeag.com/forty600-the-hottest-mixed-use-mid-rise-development-in-phoenix/

[ASU Diablo]

Originally Posted by ASU Diablo

There's also more apartments planned for the NWC of that same intersection. "Pearce Apartments". Hopefully of similar height.

I'll see if I can submit a request for additional info/renderings.

Was able to get some info. Not much in terms of renderings since it was a preliminary site plan. Again, this is for the NWC of 5th St and Lincoln. The Pearce is another 7-story apartment building (5 residential on top of 2 parking garage) coming to the Warehouse District. From what I can tell, ground retail all around the entire block. TransWestern is the developer.

So now that intersection will be having 2 7-story apartment buildings to the North of Lincoln and on the other side will be the new Mercury training facility and Suns HQ campus.

[Obadno]

Originally Posted by ASU Diablo

TransWestern is the developer.

Cant wait to see this break ground in 7-12 years

[combusean]

... what? Transwestern is real and has a track record. The two phase project at 3rd and Portland was theirs.

[muertecaza]

Interesting little 42-unit project of "missing middle" -type housing at 14th St./Highland, replacing what was for many years a trailer park.

https://www.phoenix.gov/pddsite/Document...ive%20-%20Wonderview%20at%20Highland.pdf

[ASU Diablo]

https://www.bizjournals.com/phoenix/news...-apartments-corridor-phoenix-office.html

A large Camelback office complex could see the addition of luxury apartments, bringing new residents to a central business corridor in Phoenix.

The developer — listed as Fort Lauderdale, Florida-based Mainstreet Capital Partners in project documents — plans to build a 75-unit multifamily complex with varying unit sizes and floor plans. The apartments will be developed in place of an existing parking garage at the Camelback Lakes office complex, which currently includes four multi-story buildings totaling 203,290 square feet.

Amenities for the new five-story Camelback complex could include a fitness center and lobby lounge on the first level, a swimming pool and spa and amenity deck on the second level and a coworking lounge with outdoor seating on the fifth level.

New apartments could also support existing and new retail, restaurant and other commercial uses and employers that are within walking distance of the site, documents added.

The new apartments will feature a mid-century modern inspired design and be developed just east of the Embassy Suites hotel and Biltmore Fashion Park at Camelback Road and 26th Street.

[combusean]

Originally Posted by muertecaza

Interesting little 42-unit project of "missing middle" -type housing at 14th St./Highland, replacing what was for many years a trailer park.

https://www.phoenix.gov/pddsite/Document...ive%20-%20Wonderview%20at%20Highland.pdf

One story duplexes should be prime candidates for being torn down, not built anew. What a crummy project.

[ASUSunDevil]

Originally Posted by combusean

One story duplexes should be prime candidates for being torn down, not built anew. What a crummy project.

That's a great project.

[Obadno]

Originally Posted by ASUSunDevil

That's a great project.

Combusean has been very grumpy lately

[ASU Diablo]

Originally Posted by ASU Diablo

Was able to get some info. Not much in terms of renderings since it was a preliminary site plan. Again, this is for the NWC of 5th St and Lincoln. The Pearce is another 7-story apartment building (5 residential on top of 2 parking garage) coming to the Warehouse District. From what I can tell, ground retail all around the entire block. TransWestern is the developer.

So now that intersection will be having 2 7-story apartment buildings to the North of Lincoln and on the other side will be the new Mercury training facility and Suns HQ campus.

Well looks like "The Pearce" is now officially dead...and will remain....a parking lot. W...T....F....cool

https://www.bizjournals.com/phoenix/news...ors-distributor-sells-downtown-land.html

Arthur L. Pearce, whose well-known Valley family had operated Pearce Beverage Co. as a distributor for Coors beer for decades, recently sold 2.57 acres of land near the Arizona Diamondbacks' Chase Field in downtown Phoenix.

The buyers had previously owned two properties on the south side of Lincoln Street that were purchased by Matt Ishbia, owner of the Phoenix Suns, said Jim Schaller, owner of Schaller Real Estate LLC.

Mark V. Dye and Eric Steven Ansel were part of a group that sold a cluster of properties, including Lincoln Union at 425 E. Lincoln St., for $38.63 million, according to Tempe-based real estate database Vizzda LLC. The Suns ownership group is planning to turn the parcels into a new office headquarters and a state-of-the-art practice facility for the WNBA’s Phoenix Mercury.

Dye and Ansel then paid $17.3 million in cash for the 2.57-acre parcel where Ansel had been operating a parking lot, Schaller said.

"It was a situation where they teamed up and approached Art Pearce for a 1031 exchange," said Schaller, who negotiated the $17.3 million sale for the acreage near the northwest corner of Seventh and Lincoln streets.

A 1031 exchange allows a property owner to avoid taxes on a property sale, provided they reinvest the proceeds into a replacement property.

Public records on file with the city of Phoenix show a preliminary plan review to develop Pearce Apartments at 520 S. 5th St., Phoenix. But now that the property is owned by Dye and Ansel, it will continue to operate as a parking lot, Schaller said.

"They'll let everything else grow up around it," he said.

[combusean]

I think that's the quickest I've ever seen a project announced and killed.

Wouldn't be surprised to see a very similar design pop up again.

[PyroD]

"They'll let everything else grow up around it."

Yeah good luck seeing that anytime soon I guess. This project was going to be a major catalyst for this type of growth down that way.

[phxjack]

Originally Posted by phxjack

Does anyone know if this passed zoning change? If so, any update on when this might start?

Zoning Case # Z-2-22
https://www.phoenix.gov/pddsite/Document...tive%202022%2004%2014_Date%20Stamped.pdf

New fencing has been put up around the historic houses, however Fairfield Residential still doesn't even list this project as 'Coming Soon' on their website. I wonder what the status of this is.

https://www.fairfieldresidential.com/communities/coming-soon

[ASU Diablo]

Originally Posted by ASU Diablo

7-story building w/ 238 units and both historic buildings will remain. Also, looks like a small paseo will also cut through the development.

Love the color scheme as well as it matches the old building off 7th Ave.



Link to the latest Site Markup PDF.

https://drive.google.com/file/d/179yAVKrXvUUL9j3-8PAQhwco9Nz_mJYh/view?usp=share_link

I remember a poster providing an update that one of the proposed developers had backed out of this project. Now it appears that the owner wants to demolish them.

https://kjzz.org/content/1867525/owner-these-100-year-old-phoenix-buildings-wants-demolish-them

The Milum Textile Services complex, a pair of buildings with a white brick facade and a teal-striped metal sign near Seventh Avenue and Van Buren Street in Phoenix, have been standing for 100 years — but their future is in doubt.

Owner Craig Milum wants to demolish the former laundry and dry cleaning complex that takes up nearly a block, but Phoenix's Historic Preservation Commission denied that request last month.

Milum says the existing structures have no potential for profitable reuse — an argument the city’s historic preservation officer rejected at a previous preservation hearing.

"There’s some public interest there. They’re buildings that have been there for a long time and people are familiar with them," Helana Ruter said.
Ruter says the membrane-like ceiling inside is what makes this 1924-era building unique.

“It’s a form of engineering that in and of itself is very aesthetically appealing. But, they’re very rare because it’s a very labor intensive form of construction," Ruter said.

Milum is now appealing to the city’s Historic Preservation Commission for the total demolition of the buildings. The commission is holding a public meeting on Monday evening and the appeal is on the agenda.

Separate from Milum’s appeal, city officials are considering rezoning one building of the complex at a different hearing in February.

[MiEncanto]

Originally Posted by ASU Diablo

I remember a poster providing an update that one of the proposed developers had backed out of this project. Now it appears that the owner wants to demolish them.

https://kjzz.org/content/1867525/owner-these-100-year-old-phoenix-buildings-wants-demolish-them

The preservation office embarrassing itself once again. They're like beavers: it doesn't matter if the river is dry they're going to look for wood and build a dam. These boring buildings take up quality real estate and serve no cultural purpose.

[combusean]

There's not enough information here to know what's going on. I have a hunch the two separate demolition permits are consistent with the site plan but could also include everything but I have no idea what's in them. I don't know who Helen Ruter is or whether her take is relevant to the case. Moreover, "total demolition" doesn't mean flatten the site to the ground because it's relevant to I think one building on one parcel, the Milum site is many parcels.

The buildings that the site plan aims to preserve are fine examples of their form, what they're trying to demolish is essentially forgettable. I would really hope HPO isn't having a fit about that.

[combusean]

Does anyone even know why HPO has standing on the Milum case? I didn't think they intervened on privately-owned, non-HP-zoned sites?

[Code5]

Originally Posted by MiEncanto

The preservation office embarrassing itself once again. They're like beavers: it doesn't matter if the river is dry they're going to look for wood and build a dam. These boring buildings take up quality real estate and serve no cultural purpose.

Yeah, but in my opinion, if you're going demolish them and replace them with boring ass basic 7 story tall apartment buildings that are already all over Phoenix, I'd want to think again. They should build bigger and better if they're going demolish stuff of historical value. Make it worthwhile. Can we get some architectural significance yet?

[exit2lef]

Originally Posted by Code5

Yeah, but in my opinion, if you're going demolish them and replace them with boring ass basic 7 story tall apartment buildings that are already all over Phoenix, I'd want to think again. They should build bigger and better if they're going demolish stuff of historical value. Make it worthwhile. Can we get some architectural significance yet?

Exactly. There's got to be some sort of cost-benefit analysis in terms of what we lose vs. what we gain.