April 25, 2024 3:57 am
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Downtown Phoenix’s first grocery store will be a first for Fry’s, too

Block 23 will house the area’s first grocery store, along with office and apartment spaces. / Rendering courtesy of RED Development / File photo

 

By Jessica Boehm | Arizona Republic

This week marked a major milestone for one of Phoenix’s most awaited developments as construction “topped off” on Block 23 — the future home of downtown’s only full-service grocery store.

The development will include a 230,000-square-foot office building, 330 apartments, retail, restaurants and a Fry’s Food Store. The project is slated to open in October.

Phoenix has committed $18.3 million in development incentives as well as a long-term property tax break on the land.

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Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.