By Mike Sunnucks | Rose Law Group Reporter
The City of Phoenix has given final approvals for a new 24-story, 326-unit downtown apartment tower.
The Phoenix City Council gave final plat approvals for Lincoln Ventures’ Moontower PHX multifamily project at Third Street and Garfield Street.
The location (811 North Third Street) is the Evans Churchill neighborhood and near Roosevelt Row on the north end of downtown Phoenix.
The apartment tower will have a rooftop pool and spa and ground level space for a coffee shop or cocktail lounge.
The Moontower is a partnership between Austin-based Lincoln Ventures and Cross Harbor Capital Partners. JE Dunn is the general contractor and Arvest Bank will provide the debt for the project.
Shepley Bullfinch is serving as architect for the project and Austin, Texas-based Michael Hsu Office of Architecture is providing interior design services. Ritoch-Powell & Associates is serving the engineering firm for the project.
