Phoenix Area Low- and Mid-Rise Development Thread

[Phxguy]

The Toyowest building on Central Ave has been cleared. What’s planned for this site again?

[Obadno]

Originally Posted by Phxguy

The Toyowest building on Central Ave has been cleared. What’s planned for this site again?

A clone of the other newer apartment blocks along central.

[biggus diggus]

A crane is going up at 5th avenue and Filmore.

[MAPAZ]

https://imgur.com/svKEgun

[Classical in Phoenix]

Some pics I took today of The Battery. Was also by One Camelback. The upper floors were lit but no work going on.

http://imgur.com/gallery/pnw8iGL

[nickw252]

One of the largest national multifamily developers is in escrow to buy a run-down hotel on Camelback Road and Fifth Avenue in midtown Phoenix, with plans to raze the vacant structure to build luxury apartments.

Alliance Residential Co. received zoning approval to raze Hotel 502 at 502 W. Camelback Road, to build a 280-unit luxury apartment community.

The Phoenix-based developer hired Withey Morris PLC to handle its zoning case.

"The old, decrepit hotel hasn't been in operation for a while," said George Pasquel III, entitlement specialist for Withey Morris. "It was a big issue for the neighborhood. It was a gathering place for all kinds of malfeasance from drug deals, homeless people and graffiti. Even when it was in operation, its latest version was not a favorite of the neighborhood. It brought a very undesired crowd."

Pasquel knew he had a long road ahead of him to convince the Medlock Place Historic Neighborhood of the new project.

"They're a very organized, astute organization," Pasquel said. "We did a lot of early outreach on this before we even filed the application."

The local group's biggest concern was traffic cutting through their neighborhood, he said.

"They didn't have a concern about height or density," Pasquel said. "We could have gone higher for all they cared."

The project will be five stories, said Jon Garshick, development director for Alliance Residential.

To address traffic concerns, Alliance Residential contributed $25,000 to Medlock Place Historic Neighborhood to allow residents to develop a solution to discourage cut-through traffic.

"People leaving the restaurants on Central Avenue cutting through the neighborhood instead of going along Central or Camelback has been their primary concern," Pasquel said. "This is an existing concern. The city agreed our project is not going to significantly increase traffic in the neighborhood, but Alliance wanted to be good neighbors."

Garshick said he plans to close escrow on the 4.4-acre site by May and will begin demolition immediately.

Investing upward of $65 million into the project, Garshick expects the luxury apartments to be completed by fourth-quarter 2021.

Garshick said apartment units will range from 620 square feet for a studio to 1,650 square feet for a two-bedroom, with monthly rents starting at $1,400. One three-bedroom unit will be built on the top floor that will be 1,950 square feet and go for $3,200 a month, he added.

The project will include a two-level parking garage, with one level below grade and one level at grade.

"The location really stands out for us," he said. "The light rail is one of the things that attracted us. It's both close to midtown and downtown Phoenix as well as close to the Camelback Corridor," Garshick said. "In addition, there are a lot of retail and entertainment amenities at Uptown Plaza at Central and Camelback and restaurants along Camelback and Central as well."

Alliance Residential has about 1,000 units under construction in metro Phoenix, including a 274-unit community on 5 acres at Papago Plaza at Scottsdale and McDowell roads in Scottsdale.

Total development costs for that project also are less than $65 million, Garshick said, with plans to open during third-quarter 2021.

All its properties are branded with the Broadstone name. The company just opened Broadstone Rio in Tempe. The Broadstone Grand, also in Tempe, will open this month, Garshick said.

Garshick said Alliance is bullish on construction in metro Phoenix.

"Phoenix continues to see employment growth and population growth," he said. "We're trying to be responsive to building attractive and desirable communities in the areas where people want to live."

https://www.bizjournals.com/phoenix/news...zoning.html?iana=hpmvp_phx_news_headline

It's nice to see investment in what's kind of a crummy area along the light rail, but this style of building and development is getting pretty tired IMO.

They sure aren't wasting any time though. Close in May and immediately start demolition.

[combusean]

^ This project looks miles better than some other — I've seen like Broadstone Roosevelt Row.

[CrestedSaguaro]

Originally Posted by combusean

^ This project looks miles better than some other — I've seen like Broadstone Roosevelt Row.

^ Have we seen a Broadstone Portland rendering yet? So much stuff going on, I can't remember and I don't recall seeing one.

[Obadno]

Originally Posted by combusean

^ This project looks miles better than some other — I've seen like Broadstone Roosevelt Row.

Yeah looking at their newest stuff, (Osborn, Camelback and Portland) they have begun to add some bricks to their design.

[nickw252]

Originally Posted by combusean

^ This project looks miles better than some other — I've seen like Broadstone Roosevelt Row.

Agreed. 20 years from now those — projects are going to look and feel really dated and low quality.

[TJPHXskyscraperfan]

Originally Posted by combusean

^ This project looks miles better than some other — I've seen like Broadstone Roosevelt Row.

What is the difference between this and Roosevelt Row? Roosevelt Row actually looks better that this in many ways.

[TJPHXskyscraperfan]

Originally Posted by Obadno

Yeah looking at their newest stuff, (Osborn, Camelback and Portland) they have begun to add some bricks to their design.

Where’s the rendering for Portland?

[CrestedSaguaro]

Originally Posted by TJPHXskyscraperfan

What is the difference between this and Roosevelt Row? Roosevelt Row actually looks better that this in many ways.

Precisely. All these 4, 5 and 6 story projects look nearly the same with similar materials, designs, quality, etc.. It doesn't matter if it's Broadstone, Alliance, Alta or if they are built in Phoenix, Chicago or Miami. As has been said, this is how everyone, everywhere is building them. If anyone were to take a gander at the project pages for many developers, you would see the same stuff getting built everywhere.

These are here to stay and there's going to be many, many more getting built. They are quick to design and cheap to build. As long as they keep selling and/or renting they will keep coming. Also, no matter how boring these may be, I would rather see these than thousands of acres of single family homes that also happen to all look the same.

[combusean]

I only disagree that these are all the same aesthetically, the Broadstone Camelback project is an evolution of architecture from ORB who also designed Broadstone Roosevelt Row.

Roosevelt Row is your typical beige box that Phoenix developers love so much but articulated to meet bureaucratic design requirements, Camelback is a lot more modern with its design choices.

I think we all can agree that these big dense projects gobbling up every big enough lot they can are much better than suburbia, contribute to densifying the area, and put pressure on remaining lots to sell out or some day go taller.

[TJPHXskyscraperfan]

Construction is really ramping up at the apartments going up where they torn down the Macayos on Central. I thought it might be a while knowing how long APS can take but it’s in full construction mode. Between Alta Central which is called Park on Central now, hate the name, Centra and this, which I think is going to be Aura, your talking over 1000 residents easy within a couple blocks, not to mention all the apartments all around it. Watch for pedestrians, I see it becoming very walkable, I’m excited for Zipps at Park Central, hoping for some retail in Centra and City Square.

[Obadno]

Originally Posted by TJPHXskyscraperfan

Construction is really ramping up at the apartments going up where they torn down the Macayos on Central. I thought it might be a while knowing how long APS can take but it’s in full construction mode. Between Alta Central which is called Park on Central now, hate the name, Centra and this, which I think is going to be Aura, your talking over 1000 residents easy within a couple blocks, not to mention all the apartments all around it. Watch for pedestrians, I see it becoming very walkable, I’m excited for Zipps at Park Central, hoping for some retail in Centra and City Square.

Yeah I banked on this neighborhood almost two years ago cant wait to see it with some population. Now Im just hoping for some retail activity in city square

they have a tone of retail space that has sat idle since probably the 1960's

[CrestedSaguaro]

Originally Posted by TJPHXskyscraperfan

Construction is really ramping up at the apartments going up where they torn down the Macayos on Central. I thought it might be a while knowing how long APS can take but it’s in full construction mode. Between Alta Central which is called Park on Central now, hate the name, Centra and this, which I think is going to be Aura, your talking over 1000 residents easy within a couple blocks, not to mention all the apartments all around it. Watch for pedestrians, I see it becoming very walkable, I’m excited for Zipps at Park Central, hoping for some retail in Centra and City Square.

When I was working at Phoenix Financial Center, I was foreseeing this happening. Don't forget the Howie Do It container project as well. Even though smaller, will help close up that area. It's going to be madness from Indian School to Thomas when all is said and done in a couple of years.

[Obadno]

Originally Posted by CrestedSaguaro

When I was working at Phoenix Financial Center, I was foreseeing this happening. Don't forget the Howie Do It container project as well. Even though smaller, will help close up that area. It's going to be madness from Indian School to Thomas when all is said and done in a couple of years.

If that Indian school project gets built it really will.

Midtown will have its own separate engine, population and vibe from downtown.

[Mr.RE]

Originally Posted by TJPHXskyscraperfan

I thought it might be a while knowing how long APS can take but it’s in full construction mode. Between Alta Central which is called Park on Central now, hate the name, .

That would be a good name for a parking garage but not an apartment complex

[Obadno]

Originally Posted by Mr.RE

That would be a good name for a parking garage but not an apartment complex

Based on how often these complexes get sold around you wont need to worry about that name for more than a couple years.