New high-rise residential tower in Phoenix Downtown Fillmore District

Real Estate Daily News

The Fillmore District in Downtown Phoenix continues to experience revitalization and significant new development.  Aspirant Development has purchased 1.2 acres fronting on the north side of Fillmore Street between 2nd  Avenue and 3rd  Avenue.  The property was purchased from The Fillmore Group, LLC, a Los Angeles / Hong Kong based Seller.

The purchase price was $3.5 million ($6.70 PSF) and is planned for 220-units in a 12-14 story apartment tower.

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