Downtown Phoenix development makes it harder to find a place to live

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Downtown Phoenix development may provide opportunities, but for some residents, the construction has only made it harder to find an affordable place to live.

By 2020, the Downtown Phoenix population is predicted to grow from 17,000 to 18,384.

According to Sara Scoville-Weaver, Business Development Manager at Downtown Phoenix Inc., the population growth has created a 5.8 percent increase in rental prices.

Since 2004, $5.5 billion has been invested into the development of downtown Phoenix alone.

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October 8, 2018

Phoenix

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Downtown Phoenix development makes it harder to find a place to live

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