Quote:
Originally Posted by Obadno
Since when was this project lacking the apartments the article from last week said it's a go and it's increasitng the size of the office space
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"Until recently, plans approved by the City call for Block 23 included the following:
• 50,000 square feet of commercial space, to include a grocery store
• About 300 high-rise residential units (RED puts that number at 330 now)
• 150,000 square feet of office space for technology- and innovation-focused tenants
• 1,000 parking spaces located above and below ground
But on April 5, the Phoenix City Council approved changes requested by the developer to allow for “greater market flexibility.” Now, development plans call for at least two of the following uses: office, commercial, or residential — instead of all three. And possible use for a hotel is specifically excluded. The new specifics look like this:
• At least 50,000 square feet of grocery store space.
• At least 150,000 square feet of office space
• Approximately 1,000 above and below ground parking spaces.
The most obvious change is removing the requirement that the project include residential units. But plans to include the grocery store remain.
“The project details in the city ordinance are a minimum requirement for the development,” Moloznik says. “The project will include a 55,000-square-foot grocery store and 200,000 square feet of office restaurant, retail.”"
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http://www.phoenixnewtimes.com/arts/...hoenix-9219082
I still do not necessarily think this means the apartments are canned, it just means RED is smart enough to be aware the apartments may be a bad idea and want to put themselves in the best position should they choose not to build them.