Life Time to join Paradise Valley Mall redevelopment with luxury health club, residen
 

Wow...this looks awesome. Some decent height for this area.

https://www.bizjournals.com/phoenix/...velopment.html
https://media.bizj.us/view/img/12479...-pvrooftop.jpg

Does ASU have a plan for the lot(s) between the new dorm and the YMCA building? It would be nice if they built something there. It would also further enclose Civic Space Park.

Astra would be located just west of this on the same block. Could ASU build a tower of some sort in addition to Astra? For some reason I thought there was some kind of limit of what can be built on a block, plus view issues, etc.

There's nothing that per se prevents something from going up there. The pedestrian connection to 2nd Avenue adds complications however.

The lot's small size combined with ASU's lack of vision and overall sluggishness are all major impediments to the lot's near-term development however. The site would be good for a higher-end, 300' - 400' student housing tower similar to some stuff going on in Tempe, but ASU's residential partner American Campus Communities does not seem to know how to develop that sort of thing and being more institutional would be risk adverse anyways.

https://www.bizjournals.com/phoenix/...n-q1-2023.html

Im convinced the crane count is off. 16 Cranes in 2020? Only 9 now?

What ???

If they are counting within a 6 mile radius from Central/Washington, they are way off. I can count 11 on the top of my head and I'm sure I am missing some.

Also the construction of Chik File on 7th ave is in full swing

Any updates on the other side of 7th Ave? Both lots have seen some clearing (both sides of McKinley).

Also I haven't heard anything new on the American Legion lot. In May last year the city voted to go to a month to month lease with them until a new development is ready to move.

7th Ave could look a heckuva lot different in a couple years.

btw if you haven't had a drink at Gracie's Tax Bar, it's a great dive feel and is good for HH (at least that's when I've been).

Gracie's!! Best juke box in town.

Amazing cheese curds, tatter tots, chopped cheese and $3 wells at happy hour!

but can I get my taxes done there is the real question

Phoenix announces addition of city's third bioscience research hub
 

Crazy to think how far Park Central has come over the past 8 years or so.

https://www.bizjournals.com/phoenix/...signation.html

Astra
 

Astra Phoenix thread is locked although from an inside source the project is not dead. The owner is finishing up Ave Skye next door who had to switch GCs at the tail end of the project. My understanding is once they get final CofO and turn over the leasing, they can get Astra off the ground with the new GC (ClayCo) since funding is in place :cheers:

EDIT: Take the above statement with a grain of salt. We will all believe it when we see it...

What is the timeline of finishing up Ave Skye? And does Astra have all of their ducks in a row (construction doc approvals, permits, etc.)?

From what I understand they are 30-60 days from receiving final CofO and releasing the remaining units to leasing. So likely 90-120 days away assuming all that stays on track.

Turf Paradise
 

Turf Paradise to be potentially bulldozed and converted to a business park and multifamily. Sale has not been finalized yet.

Source: https://www.axios.com/local/phoenix/...-business-park

New hotel in luhrs building
 

It says a lot about a hotel and the vibe it is trying to create when the front desk and the lobby bar are the same thing. That is what the Moxy Downtown Phoenix is doing.

Set to open in June, the hotel, which is located on nine floors of the historic Luhrs Building in downtown Phoenix, is one of the more unique hospitality properties in the Phoenix area, Eren Bicakci, the general manager or “captain” of the Moxy Downtown Phoenix, told the Business Journal.

“The bartender will serve you your favorite drink when you check in,” Bicakci said. “It’s like a college dorm feel with the open spaces and community tables.”

The 164-room hotel was built to be “efficient.” The rooms are smaller, each featuring bunk beds, twins and just a single queen bed. Bicakci said the rooms weren’t meant to be stayed in for weeks or months at a time, but a place to crash after going to a game or concert and drinking at the lobby bar.

“We want to be the party central for the pre-party and after-party. They can have the real party somewhere else,” Bicakci said. “But before the game, before the concert, this will be the meeting point and the place to go afterwards.”

Rendering of the lobby of the upcoming Moxy Downtown Phoenix.
Enlarge
Rendering of the lobby of the upcoming Moxy Downtown Phoenix.
PEG COMPANIES

The hotel is being developed by the hospitality arm of Utah-based PEG Cos., which purchased the building in 2019 for $14 million. The development of the hotel was put on hold for several months because of the Covid-19 pandemic in 2020.

Because the Luhrs Building is a historic property and PEG wanted to preserve and feature many of the historic touches of the building, development took longer than most projects, Bicakci said. Overall, the project cost more than $40 million to develop.

Besides the bar, there is a game area on the ground floor and a library/sitting area above the bar area. The hotel also features a fitness center and will have valet parking.

European roots
The Moxy brand is under the Marriott International Inc. (Nasdaq: MAR) umbrella and has its roots in Europe. The Moxy brand has been associated with hanging up provocative images and throwing big parties. While it still is a bit irreverent, Bicakci said some of those vibes have been dialed back a bit, but Marriott wants Moxy to be one of the most edgy brands out there.

“It is literally one of my brand standards to force my employees to have fun with the guests,” Bicakci said. “We are not saying ‘sir’ or ‘at your service,’ ‘how may I help you?’ If you call the front desk, we will pick up the phone and say ‘Hey, what's up?’”


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The historic Luhrs Building in downtown Phoenix will be home to the Moxy Downtown Phoenix hotel.
Enlarge
The historic Luhrs Building in downtown Phoenix will be home to the Moxy Downtown Phoenix hotel.
PEG COMPANIES

This is the second Moxy hotel in the Valley, coming after the Moxy in Tempe, which Bicakci said has performed well being near Arizona State University.

Jairah Ramirez, Moxy Downtown Phoenix’s director of sales, said the property is targeting both business and leisure travelers, as well as locals who want to extend their night out in downtown Phoenix.

“We are for the weekend warriors coming out for the concerts, the shows, the games, all of that,” Ramirez said. “We like to call out guests the ‘fun hunters.’”

While set to open in June, the property is taking reservations online starting in August.

Do you have a link to the article Id like to see the Renderings

Here's a good look inside.

https://pegcompanies.com/wp-content/...oenix_DUSK.jpg

Source: https://pegcompanies.com/projects/moxy-luhrs-hotel/

Also, just as a reminder, please follow the forum guidelines when posting third party articles: https://skyscraperpage.com/forum/sho...d.php?t=192107

This is awesome, I am a big fan of Moxy. Stayed at the Moxy in Downtown Portland recently and I'm not sure I would stay anywhere else. They are branded towards younger travelers so it has more of a hostel and communal feel despite having your own hotel room.

I don't know the current state of the interior of the lobby of the building, but this looks awful. The new use and activity sounds great, but the millions of colors and patterns and fixtures and whatnot looks hideous. Something like an understated update to the original lobby would be way better. But I'm not their target demographic.