An artist’s rendering of the proposed apartment complex on Central Avenue. Courtesy of RAS Developments
By Jeremy Douda | Axios
An artist’s rendering of the proposed apartment complex on Central Avenue. Courtesy of RAS Developments
A Valley developer is planning a mixed-use, mid-rise apartment complex that will replace the iconic Hinkley’s Lighting building on Central Avenue in Phoenix.
State of play: Hinkley’s shifted its operations to a preexisting north Scottsdale location in 2021 after 70 years in business in central Phoenix.
- The building, along with three neighboring parcels between the Grand Canal and Coolidge Street in central Phoenix, is currently vacant.
What’s happening: RAS Developments is planning an apartment complex with 150 units.
- Company president Lorne Wallace tells Axios Phoenix that the complex will offer studio, one-bedroom and two-bedroom units. He said they won’t be luxury apartments and will have rents that are closer to average.
- The plans call for a little more than half of the apartments to face into an open courtyard
- Wallace acknowledged that the building is iconic but said its condition is “really not sustainable.”
Details: On the ground floor of the canal side of the property, RAS has plans for a coffee shop, juice bar, bakery or some other type of business that will meet the city’s goal of making the waterway more walkable and interactive.
