By Elon Graves | Downtown Devil
A new multi-family housing development, Palm Court Tower, is slated to be the second largest residential building in downtown Phoenix by its completion in 2021.
North American Development Group purchased the one-acre plot in the Arizona Center for a 29-story project estimated to cost about $100 million. The development will offer workforce housing units as well as luxury apartments.
Chris Chamberlain, a partner of North American Development Group, said the downtown Phoenix community pushed for the workforce housing units. He said the topic “repeatedly came up as a need in downtown” during discussions with city staff, council members and activists in the neighborhood.