Lennar plans high-end project at Central and McDowell

Central and McDowell / Google Maps
Central and McDowell / Google Maps

By Catherine Reagor | The Arizona

One of the most prominent vacant corners in central Phoenix soon could be developed into high-end apartments or condominiums.

Lennar Multifamily Communities paid $12.75 million for the 5.46-acre site on the northwest corner of Central Avenue and McDowell Road, according to commercial real estate research firm Vizzda.com.

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