Phoenix is playing catch-up with housing

Central Avenue and McKinley
Central Avenue and McKinley

By Jiahui Jia | Special for The Arizona Republic

Bustling redevelopment and construction cranes are signs of the times as downtown Phoenix responds to a rising demand for apartment living.

The figures indicate all this activity is not simply a fad but a long-term trend, as Phoenix attempts to play catch-up by compressing into a short time period the downtown growth that took many years in other big cities.

For example, while negotiations on final plans are still underway with the city, the long-empty former Circles Records and Tapes building at Central Avenue and McKinley Street is earmarked for redevelopment into a 19-story, 321-unit apartment.

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