Downtown PHX construction is booming

By Elinor Tutora | Downtown Devil

Development in downtown Phoenix has been on the rise, with $6 billion spent on redevelopment since 2005. These projects are continuing to grow but there are still issues creating a more livable, walkable city, according to a development expert.

There are over 3,500 housing units and 290,000 square feet of retail space being built, and many will be finished by the end of 2020 and early 2021.

According to Downtown Phoenix Inc., there are 19,500 downtown residents. In just over a year, they expect a 13% increase to 22,000 residents by 2022.

Most of the 13 housing developments under construction will include ground floor retail, expectantly bringing more services downtown and add to the existing restaurants and bars. The Arizona State University campus is also continually expanding, attracting more people as well as light rail expansion and scooters to provide accessible transportation.

READ ON:

Share this!

Additional Articles

Get Our Twice Weekly Newsletter!

* indicates required

Rose Law Group pc values “outrageous client service.” We pride ourselves on hyper-responsiveness to our clients’ needs and an extraordinary record of success in achieving our clients’ goals. We know we get results and our list of outstanding clients speaks to the quality of our work.

News Categories

Top 10 multifamily builders for 2022

By Ranking Arizona | AZ Big Media Here are the Top 10 multifamily builders in Arizona, based on public voting for the 2022 edition of Ranking Arizona, the state’s biggest and most comprehensive business

Read More »
December 2020
M T W T F S S
 123456
78910111213
14151617181920
21222324252627
28293031