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  #1641  
Old Posted Aug 10, 2020, 7:35 PM
Obadno Obadno is offline
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There are a whole lot of things that happened in this city between 1970 and 2005 its hard to really grasp just how many insane awful decisions and projects and activities took place.
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  #1642  
Old Posted Sep 2, 2020, 12:28 AM
jermykermy jermykermy is offline
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Second at Fillmore

Came across the project website. SW corner of Fillmore and 2nd Ave. 7 stories (5 floor of units on above 2 floors or parking). Ground floor retail. Outdoor rooftop patio looks small but cool.


https://www.edi-international.com/second-at-fillmore

https://static1.squarespace.com/stat...lmore+2020.pdf

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  #1643  
Old Posted Sep 2, 2020, 2:38 AM
BA744PHX BA744PHX is offline
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Quote:
Originally Posted by jermykermy View Post
Came across the project website. SW corner of Fillmore and 2nd Ave. 7 stories (5 floor of units on above 2 floors or parking). Ground floor retail. Outdoor rooftop patio looks small but cool.


https://www.edi-international.com/second-at-fillmore

https://static1.squarespace.com/stat...lmore+2020.pdf
It's a nice property, I am getting worried this would be the third project taking a large amount of space on the west side thats not a high rise. Its going to give density but I think the city needs to start limiting these type of developments in the core
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  #1644  
Old Posted Sep 2, 2020, 3:01 AM
Obadno Obadno is offline
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To be completely honest there is no lack of empty space in the core

Each low rise limits the remaining space that will force height later. NYC isn’t getting ultra mega high rise condos right now because developers just want to show off. It’s because they have very tiny lots they require very tall buildings to make sense
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  #1645  
Old Posted Sep 2, 2020, 3:48 AM
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combusean combusean is offline
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Agreed. I’d also have a project that is funded and built at somewhat attainable rents rather than a high-rise that might not get built or languish. Most of the towers going up have gone for subsidies which suggests few investors have that much confidence downtown.
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  #1646  
Old Posted Sep 24, 2020, 12:17 AM
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Posting this here since it deals with low-rise multi-family development. A little bit on Lafferty's project that is going up with a little smidgen of info on other developments. Rendering of St. Ambrose at: https://laffertyelectrictechnologies.../#!prettyPhoto


Quote:
More apartments are coming to downtown Phoenix. This time, they're affordable

Despite the fact that 4,000 apartments units are under construction and even more are in the pipeline in downtown Phoenix, Michael Lafferty says the $29 million project he's building is absolutely necessary.

The founder of Phoenix-based Lafferty Construction Co. has started building the 235-unit St. Ambrose Apartments at the southwest corner of Van Buren and 12th streets near the Phoenix Biomedical Campus. This project is different, he says, because the units are more affordable for renters and won't have some of the luxury amenities of other new downtown apartments.

"The St. Ambrose project will average approximately $1,051 per month rents versus the $1,608 average in the downtown area currently," Lafferty said. "This St. Ambrose project will give the professionals, Arizona State University students, biomedical, TGen, downtown-based workers and the general public a sustainable place to reside five blocks from downtown."

This 129,000-square-foot project — which will include a four-story parking garage, pool, clubhouse and weight room — will help transition the Van Buren corridor, as described in the Eastlake Edison general planning documents, Lafferty said.

"The history of Van Buren has an amazing past and now this project will help reinvigorate with this redevelopment in this area," Lafferty said. "The real big advantage is nobody wants to spend 50% of their income on rent, and St. Ambrose helps resolve that issue."

The thousands of apartment units under construction in downtown Phoenix will expand the area's inventory by more than 10%, said Jessica Morin, director of market analytics for CoStar Group in Phoenix.

"The projects currently under construction are limited to 4- and 5-star buildings, which command higher rents," she said. "There is a substantial need for affordable housing, especially during this period of economic volatility, and many renters are facing financial hardships."

In downtown Phoenix, vacancies for mid-tier properties are much lower, she said, trending near 6% compared with 4- and 5-star properties, where vacancies are in the double digits.

"We are expecting a supply and demand imbalance in downtown Phoenix in the near-term that will push up vacancies in the submarket," Morin said. "Most of the increase will be in newly delivered high-end apartments. Conversely, vacancies are expected to be relatively stable in 3-star communities, due to demand for more affordable apartments and the lack of new construction in this space."

Other projects filling up
Here's a quick look at some of the other residential projects in the works downtown that are focused on affordability:

Scottsdale-based Greenlight Communities LLC is investing $325 million to build more affordable housing. The company has four projects under construction and is buying land to build another six around metro Phoenix, which would deliver 2,500 units during the next two years. Rents average $1,100 a month.

Phoenix-based Urban Communities LLC also is acquiring old apartments and is refurbishing them to offer workforce housing, although rents are pushing closer to $1,300 for these units.

Meanwhile, Denver-based Live Forward Ventures made its debut in Phoenix with a 43-unit condominium community in the historic Garfield District at the northeast corner of Polk and Ninth streets. Ranging from 500 to 750 square feet, units are priced starting in the $200,000s.

Scott Kilkenny, a partner in Live Forward Ventures, said his goal was to build attainable housing for first-time homebuyers and those who want to downsize and live in the downtown area.

Called Verde Park Condominiums, that $9.5 million project already sold out its north building, with residents moving into single-bedroom homes.

Only eight units are left for sale, said Nicholas Yale, owner of Brokers Hub Realty, the broker for the project.

"Verde Park's success starts with our developers who had the desire to build attainable homes in central Phoenix," Yale said. "It is exciting to reach out to buyers with a community in the downtown area that is normally unavailable. A community with our location and our price point is unheard of."
Source: https://www.bizjournals.com/phoenix/...partments.html
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  #1647  
Old Posted Sep 24, 2020, 1:13 AM
Obadno Obadno is offline
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Quote:
Originally Posted by CrestedSaguaro View Post
Posting this here since it deals with low-rise multi-family development. A little bit on Lafferty's project that is going up with a little smidgen of info on other developments. Rendering of St. Ambrose at: https://laffertyelectrictechnologies.../#!prettyPhoto




Source: https://www.bizjournals.com/phoenix/...partments.html
Lafferty has been floating his plan to build apartments here for like 10 years. Is it actually breaking ground or just more PR to try and sell his property?
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  #1648  
Old Posted Sep 24, 2020, 1:17 AM
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Lafferty has been floating his plan to build apartments here for like 10 years. Is it actually breaking ground or just more PR to try and sell his property?
The photo with the article shows construction going on. I can swing by after work (I work 2nd's now...bummer) and check if there is actual construction.
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  #1649  
Old Posted Sep 24, 2020, 2:15 PM
Obadno Obadno is offline
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wrong thread
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  #1650  
Old Posted Sep 24, 2020, 5:21 PM
ASU Diablo ASU Diablo is online now
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Updated ECO PHX Rendering

Was browsing through the CCGB Architect website and saw an updated street level rendering for this project. Looks awesome and engages pedestrians pretty great.

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  #1651  
Old Posted Sep 24, 2020, 5:32 PM
Phxguy Phxguy is offline
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Originally Posted by ASU Diablo View Post
Was browsing through the CCGB Architect website and saw an updated street level rendering for this project. Looks awesome and engages pedestrians pretty great.
Great find! And is that....a bike lane buffered by parked vehicles??!!
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  #1652  
Old Posted Sep 24, 2020, 5:52 PM
ASU Diablo ASU Diablo is online now
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Great find! And is that....a bike lane buffered by parked vehicles??!!
I was so excited about the trees, shade, and all that greenery that I completely missed that! LOL
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  #1653  
Old Posted Oct 27, 2020, 2:54 AM
Phxguy Phxguy is offline
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For anyone that's interested there's a meeting for an upcoming 5-story development on the northwest corner of Seventh Street and Oak. This link contains project renderings and a video conference link to attend the meeting this Thursday (10/29) at 6 pm.

https://seventhandoak.azurewebsites.net/

Edit: I'm also not sure why in the aerial it shows the site boundaries deviating around the TASC building on NWC of Seventh and Oak, the site plans indicate otherwise...
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  #1654  
Old Posted Oct 27, 2020, 3:08 AM
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combusean combusean is offline
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Check the site plans again, it's almost the whole frontage between Oak and the Sheridan alignment. It demolishes the TASC building but doesn't include the textile company.

I definitely won't miss any of the buildings it's eating up. Great for the area.
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  #1655  
Old Posted Oct 27, 2020, 3:14 AM
Phxguy Phxguy is offline
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Originally Posted by combusean View Post
Check the site plans again, it's the whole frontage between Oak and the Sheridan alignment.

I definitely won't miss any of the buildings it's eating up. Great for the area.
Not exactly, the building on the SWC of 7th/Sheridan will remain, creating a panhandle on the Monterrey Park/Sheridan frontage. There isn't consistency between the aerial map and site map.
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  #1656  
Old Posted Oct 27, 2020, 3:18 AM
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combusean combusean is offline
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I edited my post to reflect the Sheridan building being not a part of this, but TASC is on Oak.
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  #1657  
Old Posted Oct 27, 2020, 3:26 AM
Phxguy Phxguy is offline
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Gotcha, I just wanted to point out the discrepancy on their site wherein the TASC building is gone in one plan but remains in another (Project Aerial).
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  #1658  
Old Posted Oct 27, 2020, 8:03 AM
TJPHXskyscraperfan TJPHXskyscraperfan is offline
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Quote:
Originally Posted by Phxguy View Post
For anyone that's interested there's a meeting for an upcoming 5-story development on the northwest corner of Seventh Street and Oak. This link contains project renderings and a video conference link to attend the meeting this Thursday (10/29) at 6 pm.

https://seventhandoak.azurewebsites.net/

Edit: I'm also not sure why in the aerial it shows the site boundaries deviating around the TASC building on NWC of Seventh and Oak, the site plans indicate otherwise...
This one should really have retail or restaurant space along 7th ST.
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  #1659  
Old Posted Oct 27, 2020, 8:32 AM
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Originally Posted by Phxguy View Post
Gotcha, I just wanted to point out the discrepancy on their site wherein the TASC building is gone in one plan but remains in another (Project Aerial).
Oh, yeah, I never look at those useless aerials. It's usually a site plan to get an idea of the building, then onto Google Maps and Streetview to picture its impact with the rendering.

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Originally Posted by TJPHXskyscraperfan View Post
This one should really have retail or restaurant space along 7th ST.
Agreed. This is a big site, maybe if nothing else the textile company will move and then some adaptive reuse can happen. It's unfortunate that lot is too small for a larger project for the most part and they didn't sell into the larger development.

Last edited by combusean; Oct 27, 2020 at 8:52 AM.
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  #1660  
Old Posted Oct 29, 2020, 2:36 AM
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Not much to share, but was looking around for various developments that we don't discuss much. I did manage to find a couple renderings for the Haverly (Toll Brothers development on Thomas/Central). One is just a placeholder image and I can't find a larger version of it. The other is just a partial rendering. But you can get an idea of what it's going to look like.





The Toll Brothers page for the Haverly is tollbrothersapartmentliving.com/property/haverly/, but not much info there yet.
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