Posted Feb 5, 2026, 5:42 PM
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Phoenix City Council unanimously approves Colangelo's Biltmore luxury condo project
https://www.bizjournals.com/phoenix/...-approval.html
Quote:
Phoenix City Council unanimously approved a luxury condominium development near the Arizona Biltmore and Wrigley Mansion in Phoenix.
JDM Partners LLC's proposed development at 2400 E. Arizona Biltmore Circle received several letters of support as well as those opposed — including opposition from Best Western Hotels next door.
Since those letters of opposition were filed in November, Nick Wood, zoning attorney with Snell & Wilmer and attorney representing JDM Partners, has been meeting with neighbors to address their concerns.
As a result, the number of condominium units and square footage of office space have been reduced, said Jerry Colangelo, partner and principal at JDM Partners.
Originally planned for 203 luxury condos, the 2400 Biltmore Residential development is now 195 units, he said.
The northern 150 feet of the proposed structure was removed from the plan, creating a reduction in density, Wood said.
The development team also worked with Phoenix traffic engineers to create a driveway along 24th Street that would allow condominium owners to access the property from 24th Street, reducing traffic along Arizona Biltmore Circle, Wood said.
"We dropped the office space to 7,000 square feet from 11,000 square feet," Colangelo said.
The 5,000-square-foot restaurant space will remain the same, he said.
That office space is reserved soley for JDM's headquarters, with no other tenants in the building, he said.
Those changes quelled concerns of Best Western and many residents. Even so, during the Feb. 4 City Council meeting several residents provided testimony against the project, complaining about the height blocking their views. Many other Phoenix residents stood in support of the development that will add housing units to the Valley's supply.
JDM has owned the entire 6.26-acre property for the past 25 years, and it currently is the only tenant on the site, which originally included three structures.
"We've already torn one down because it was falling down," Colangelo said. "Something had to be done regardless. It was just a matter of what it would be. We concluded that in terms of the location, the views and everything about the property would lend itself to a particular type of project."
All of the structures will be razed to make room for the entirely new development.
JDM eyes construction start in 2027
With a goal of starting construction in 2027, it's still too early to determine total development costs of the project and home sales prices, Colangelo said.
Each of the condominium units are designed to be 1,500 square feet, but many owners will elect to buy additional units to create larger homes, Colangelo said.
"People who live there will have incredible views to the west, north and southwest to see downtown Phoenix," Colangelo said. "At night it's quite a scene."
The tallest building on the project will be six stories and will tier down to five stories and four stories for other structures, which addresses neighbors' concerns about their views being blocked.
"This project does a good job on using that land to the best of its capacity in our opinion," he said.
Corner penthouse suites will offer more expansive views.
"If you're looking south, it's evident you have downtown Phoenix views," Colangelo said. "If you want to look north, you've got the mountains right there. If you want to look east that's not a bad view either, with the sun rising in the east over Camelback Mountain. It's a perfect location. It's really a matter of personal taste. What's your pleasure?"
This development comes at a time when 691 new condominiums are under construction in metro Phoenix, with another 1,816 condos entitled that could begin construction in the near future, according to San Francisco-based Polaris Pacific.
With JDM's headquarters on site, creating an opportunity for him to walk to the office, Colangelo said it's likely he'll take one of the condos.
"That's up to the Mrs.," he added.
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