November 21, 2024 1:40 pm
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Mechanic’s liens worth millions pile up on downtown Phoenix tower

(X Phoenix – Photo Credit: Madelaine Braggs)

By Paul Thompson | Phoenix Business Journal

The second phase of the X Phoenix apartment tower in downtown Phoenix has amassed more than $30 million in mechanic’s liens since the nearly completed project came to a screeching halt in September.

Eight liens tied to the project have been filed since late September, according to Maricopa County records. That includes a $25.62 million mechanic’s lien filed Nov. 20 by Clayco Inc., the company tapped as the general contractor for the project at 201 W. Van Buren St.

Read the full subscription story from the Phoenix Business Journal.

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