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Roosevelt Row’s largest office building to become creative mixed-use project

Posted by   /  February 7, 2019  /  No Comments

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The 1001 N. Central building was purchased by True North Studio, which plans to renovate it into a mixed-use project. / Photo by Zeb Micelli / Phoenix Business Journal

 

Developer has several adaptive reuse and new construction projects in the works in downtown Phoenix

By Corina Vanek | Phoenix Business Journal

Roosevelt Row’s largest office building will get a new life as a creative office and mixed-use project.

True North Studio, which is based in the Roosevelt Row arts district, bought the 1001 North Central building for $15.25 million, according to real estate database Vizzda. The building formerly housed the Maricopa County Environmental Services and Air Quality Departments, Cavco Homes and other tenants.

Projects like this are part of a bigger trend that is seeing office space being geared toward attracting top talent by locating in desirable areas with a look and feel that is true to the neighborhood, said Steve Lindley, executive director of Cushman & Wakefield’s Phoenix office, who worked with True North Studio in the transaction.

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  • Published: 2 weeks ago on February 7, 2019
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  • Last Modified: February 7, 2019 @ 9:25 am
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