$24M apartment complex proposed for Camelback, Central land

Screen Shot 2016-04-26 at 9.52.42 AMMike Sunnucks | Phoenix Business Journal

A development group wants to build a $24 million, 120-unit, seven-story apartment building on land next to the Metro light rail stop at Camelback Road and Central Avenue.

The City of Phoenix owns the land at the southwest corner and asked for development bids earlier this year.

One group — called Cornerstone at Central & Camelback LLC — has put in a bid.

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