By InBusiness Phoenix
Real estate development firm Hubbard Street Group and capital partner Cresset Real Estate Partners today broke ground on a new multifamily project in Phoenix. Located on the Southeast corner of 6th Street and Garfield Street in the Roosevelt Row Arts District, the new Skye on 6th development will feature 309 units spanning 26 floors with approximately 6,500 square feet of ground floor retail. The project will be LEED certified and is expected to be completed by Summer 2023.
“We believe Skye on 6th will establish a new standard of modern luxury living in Phoenix with a wellness-focused approach, efficiently designed units and an expansive amenity offering located in the heart of the burgeoning Roosevelt Row Arts District and adjacent to the Phoenix Biomedical Campus,” said Kage Brown, Managing Partner & Chief Investment Officer at Hubbard Street Group. “We are extremely bullish on the Phoenix market and are excited to establish a local presence with Skye on 6th.”
