November 5, 2024 12:52 pm
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New luxury apartments coming to Camelback and Central

Rendering of the One Camelback building, which is being transformed from offices to luxury apartments./PROVIDED BY SAGAMORE CAPITAL LLC/Phoenix Business Journal

By Brandon Brown | Phoenix Business Journal

It’s been about five years since the office tenants started moving out of an 11-story building on the southeast corner of Central Avenue and Camelback Road. In just over a year, tenants are expected to start moving in to luxury apartments.

During the past 18 months, passersby have noticed the uniquely-shaped BMO Harris bank tower, called One Camelback, being gutted. All the glass and concrete panels were removed from the building’s exterior and nothing but an elevator was left inside.

Now a blank canvas, the building’s new owners and development team are ready to turn the structure into some of the highest-priced apartments in the Valley.

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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.