Why Phoenix started embracing multifamily and mixed-use growth after the recession

By Dees Stribling | Bisnow

The era of Phoenix as exclusively a homebuilding town is over, according to the speakers at Bisnow’s recent Phoenix Multifamily and Mixed-Use event. Houses are still being built here, but not as many as in previous decades, and the industry does not dominate the local economy the way it used to. Rather, Phoenix is now booming with a variety of residential developments, including apartments but also mixed-use properties, which were virtually unknown in the latter part of the 20th century.

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