April 25, 2024 1:34 pm
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Condomania in metro-Phoenix

Rendering Aerium / Landmark Homes USA
Rendering Aerium / Landmark Homes USA

By Catherine Reagor | The Republic | azcentral.com

Million-dollar condominiums with their own elevators are underway in north Scottsdale. Four-story town houses with skylights are planned near Arizona State University in Tempe. And sales are about to start for lofts overlooking central Phoenix’s Margaret T. Hance Park.

A mini-boom in cool, new urban housing is happening in metro Phoenix. Not a full-fledged boom like in 2006 when almost 8,000 highrise condos, lofts and town homes were planned — but fewer than half that many were built.

Now, about 800 new condos and townhouses are underway in the Phoenix area. Most of the current projects are in city centers. Others are in neighborhoods with retail and offices within walking distance.

Continued:

Related: Snowbirds looking for Valley real estate

 

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