Phoenix Business Journal
Scottsdale-based Empire Group plans on buying the historic Circles Records & Tapes building in downtown Phoenix and wants to redevelop the well-known property into a 19-story apartment building with more than 300 units.
The project will keep some of the architectural and building elements of the current 19,300-square-foot property, which opened in 1946 as a Studebaker dealership.
(Disclosure: Rose Law Group represents Empire Group.)
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