Phoenix Development News (3)

[Classical in Phoenix]

[QUOTE=muertecaza;8099693]

Originally Posted by Classical in Phoenix

They filed a preliminary site plan review in January, which went before Planning & Development earlier this month. So appears to be in the works.

Great news!

[fawd]

Awesome! I didn't hear about that. Can't wait for that project to get started.

[ASU Diablo]

Looks like there are still conflicting reports w/ the height for the Residences at Collier...says 25 or 30 stories.

http://azbex.com/zombies-rumbling-ba...e-in-dwtn-phx/

In the modern reanimation, Hines will create a high-rise multifamily residential and retail space on the SEC at 3rd Street and Jefferson. Reports vary on the planned height, with some sources calling for 25 stories and some for 30.

[CrestedSaguaro]

Originally Posted by airomero83

Looks like there are still conflicting reports w/ the height for the Residences at Collier...says 25 or 30 stories.

http://azbex.com/zombies-rumbling-ba...e-in-dwtn-phx/

The only source that stated 30 stories was the article I posted a few pages back. I swear the media is lurking these threads and basing the "reports" of 30 stories off of what was posted here, lol.

With that being said, Hines like to build big when they can. This could mean something significant at Colliers, so I could see them going 30 if given the chance.

[Obadno]

Found a quick article for Aspiriant


https://realestatedaily-news.com/new...more-district/

Downtown Phoenix continues to experience revitalization and significant new development. Aspirant Development has purchased 1.2 acres fronting on the north side of Fillmore Street between 2nd Avenue and 3rd Avenue. The property was purchased from The Fillmore Group, LLC, a Los Angeles / Hong Kong based Seller.

The purchase price was $3.5 million ($6.70 PSF) and is planned for 220-units in a 12-14 story apartment tower.

Ray Cashen of Cashen Realty Advisors was the Broker on the transaction.

Aspirant Development is also developing a 312-unit, 19-story apartment tower known as The Stewart located at the northwest corner of Central Avenue & McKinley. That property under construction is slated to open in 2019.

And this is of course going in just out of frame 1 block west and across the street.

[muertecaza]

Couple of nice photos--cranes for Block 23 and Link make minor appearances. Also worth noting that one user confirms that Quicken has already moved part of their operations downtown--not sure if that was already common knowledge but I didn't know.

https://www.instagram.com/p/BfuqyDmg...phoenixskyline



https://www.instagram.com/p/BfwNaGEF...owntownphoenix

[haux]

It's finally nice out again. That week or so of the highs barely reaching into the 60s was brutal. I bought a new lens today, a Canon 70-200 f/2.8L IS II USM. I had a 70-200 f/4, but it was flawed and didn't focus very fast. I sold it and upgraded. I wanted to play with it, so I went for a walk near some construction sites downtown. Since it is a telephoto lens, these photos are tighter than my usual shots. I'll go back another time with a wide angle.


The Stewart has some balcony railing going up on the Central side.


Here it is from a few days ago. Work has begun on the 10th floor.


Over at Block 23, plenty of work is going on.


The bottom of Block 23.


I suspect this is going to be an elevator shaft on the residential side of Block 23.


Let's go to the Arizona Center.


There are nets up inside.


The northwest side has some fancy corners going up.


Finally, The Link has gone vertical, and fast. I think I was here three weeks ago, and none of this was up.

[stutteringpunk]

Thanks for the pictures, Haux. I think I've said it before, but an anchor like H&M or Forever 21, with the college nearby, could do well for the AZ Center. It already looks a lot more striking than it did with all the beige 90's design going on.

The Stewart still confuses me given how so much of the building remains unbuilt, yet windows and railings are already going in.

[Sun Belt]

Recent photo of mine, nice lighting on Midtown from the setting sun.

Photo cred: Sunny

[Phxguy]

https://www.neighborhoods.com/blog/m...moving-forward

Still not sure what I gauge for this project cause it's very bloated for that area but I'd be impressed if the 19 story apartment building were built and the lot around Knipe house were developed. But 300K of office space...how much would that translate to??

[combusean]

I’m so pessimistic about RO2 I suspect that even if they somehow beat the odds and start construction, it’s going to be a half-built shell looming over Roosevelt Row for years.

I wish Phoenix would actually vet the developer before they engage with such risky projects.

[gymratmanaz]

General question .... with the two cranes for Link and Stewart..... It is hard for me to tell. With the height of the cranes now versus the final height of the buildings, will these cranes currently fit the construction in or will the buildings be higher than the current crane height?

[Obadno]

Originally Posted by gymratmanaz

General question .... with the two cranes for Link and Stewart..... It is hard for me to tell. With the height of the cranes now versus the final height of the buildings, will these cranes currently fit the construction in or will the buildings be higher than the current crane height?

the Stewart Crane is as tall as the building will be, I think link will be higher than the crane is currently

[CrestedSaguaro]

Originally Posted by gymratmanaz

General question .... with the two cranes for Link and Stewart..... It is hard for me to tell. With the height of the cranes now versus the final height of the buildings, will these cranes currently fit the construction in or will the buildings be higher than the current crane height?

Stewart crane is at 270' The Stewart will be about 28' shorter at 242'.

Link's crane is currently right around 250' give or take. It's eventually going to be 400', so it has at least another 150' to go up

[gymratmanaz]

Cool amd whew! Hoping my height judgement wasn't off and Link would be much taller than crane now.

[combusean]

We have something approaching a rendering for 200 W Monroe courtesy of DVC.

https://drive.google.com/file/d/1SuQ...rIOpK_SXx/view

I'm not impressed. It's what happens when developers have too large a lot. It's also a slap in the face compared to the developer's other projects in other cities which are larger and more architecturally interesting.

[fawd]

Originally Posted by combusean

We have something approaching a rendering for 200 W Monroe courtesy of DVC.

https://drive.google.com/file/d/1SuQ...rIOpK_SXx/view

I'm not impressed. It's what happens when developers have too large a lot. It's also a slap in the face compared to the developer's other projects in other cities which are larger and more architecturally interesting.

Saws multi-tower... do we know if rendering is only phase 1?

Also... capital investment is 200 million????

[combusean]

If you look closely there's a "ghost" image of development to the right of the image.

This thing seems kind of dodgy. I'm hard pressed to discover how they could have built it more cheaply. It's almost Soviet in how unimaginative it is.

[fawd]

Originally Posted by combusean

If you look closely there's a "ghost" image of development to the right of the image.

This thing seems kind of dodgy. I'm hard pressed to discover how they could have built it more cheaply. It's almost Soviet in how unimaginative it is.

Ahhh, good catch.

[ASUSunDevil]

Originally Posted by combusean

If you look closely there's a "ghost" image of development to the right of the image.

This thing seems kind of dodgy. I'm hard pressed to discover how they could have built it more cheaply. It's almost Soviet in how unimaginative it is.

Looks cool to me.