RED launches $300M redevelopment of 44th St. and Camelback

AZBigMedia

AZBigMedia

RED Development is now underway with plans to develop a $300 million mixed-use destination on the northwest corner of 44th Street and Camelback Road, one of the most high-profile intersections in the Valley. The project will include a private NBA/WNBA training facility, boutique hotel, Class AA office buildings, self-storage facility and high-end shopping and dining.

The Phoenix Suns and Phoenix Mercury have begun construction on a 50,000 square foot state-of-the-art private practice facility. Designed as the teams’ training sanctuary, the facility will feature the latest innovations in sports science designed to elevate sustainable high performance as well as a wide array of new medical and physical therapy amenities and coach and medical team offices.

The property will be comprised of new buildings, including a four-story Class-AA office building with ground-floor retail and restaurants; a five-story Class-AA office building; a two-story medical office building, a two-story self-storage facility; a three-story covered parking structure; and a five-story boutique hotel designed, owned and operated by Sam Fox Hospitality Group with approximately 100 rooms, a rooftop lounge and other amenities.

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