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http://forum.skyscraperpage.com/show...ostcount=12870 |
I know other posters that know more than I do have doubts about Lafferty ever actually building something on his land in Eastlake Park. Would be interested to hear people weigh in on whether they think his land bring within the Opportunity Zones created by the Republican tax bill gives him a shot at getting enough investment to build.
https://www.bizjournals.com/phoenix/...ight-rail.html |
Someone post this that has access please!! 25 stories :cheers:
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The only landowners more glacial than ASU around here are Colliers. |
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Sunbelt Holdings Inc. and Crescent Bay Holdings are teaming to develop a 25-story condominium project in the former Jefferson Hotel, which was featured in Alfred Hitchock's movie "Psycho." Plans call for developing about 200 units in a 25-story tower, but those numbers could change, said John Graham, president and CEO of Scottsdale-based Sunbelt Holdings Inc. The project, to be called Jefferson Place, will cost more than $80 million to develop. While a general contractor has not been selected, architect for the project is SmithGroup, Graham said. The goal is to break ground before the end of 2019 and be open 18 months after that, Graham said. Crescent bought the historic building from the city of Phoenix for $2.8 million a few years ago. The building originally opened in 1915, and the city later bought it in 1990. The project will be similar to Portland on the Park, which Sunbelt Holdings developed at 200 W. Portland St. in Phoenix near Margaret T. Hance Park in downtown Phoenix. Portland on the Park, 200 W. Portland St., is a 14-story condominium tower that has a handful of units left for sale. That 149-unit, 14-story tower has less than a handful of units left for sale, Graham said. Those units average about 1,400 square feet priced about $400 per square foot. Some cost more than $1 million. Jefferson Place units most likely will be a bit bigger than those at Portland on the Park, Graham said. It also will feature a few units priced at more than $1 million. Christine Mackay, economic development director for the city of Phoenix, said the historic building's facade will be preserved. Some condos will be inside the Jefferson Hotel building while others will be in a newly constructed tower, she said. "They are not allowed to demolish or alter the outside of the building so that it will stay in historic nature," she said. The city has had a few false starts on redeveloping the property, also known as the Barrister building. A previous developer could not secure funding to build apartments. |
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I fail to see why this lot continually fails to redevelop. :shrug: |
8 businesses you didn't know were coming to downtown phoenix
I think we knew about all these except for a few.
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This week, it seems, is just one of those periods where development news pours like liquid gold from a fresh spring.
So, I take that the cocktail concept opening in the Heard Building won't have any impact on the largely-visible Central-facing retail suite if the entrance will be in the alley. Man, if you clean up the dumpsters and throw in some neon signs, this alleyway will be like any found in Tokyo. Maybe even string some lights across and increase the lighting to let newcomers know the alley is meant to be traversed. There's one more retail pad south of Oh My Poki which is deserving of a candidate. Otherwise, this corner will be filled. Wonder if there are plans for the Pizza Hut building at Pierce/1st. Sigh, *Pipe dream warning*, with the vacancy of Pizza Hut, it would awesome if the Central-facing half of the block could be filled with permanent stalls for the Phoenix Public Market in a brick warehouse with a glass roofing. Atop which is a large glowing Public Market signage ala Seattle Market. And the other half of the block would have apartments facing 1st. Sorry, hard not to get carried away. |
https://i.imgur.com/IMC8EAr.jpg
I got a quick shot on my way to work yesterday of The Link's cladding on the west side. The windows are interesting. They appear to be floor to ceiling on the black side and around 5 or 6 feet up on the white side. It's now taller than The Stewart by a few floors. |
^ Those look like shower/bath windows to me.
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Looks like they added a little something to the article about Jefferson place. It kind of reminds me of the rendering of the Luhrs Marriot where they showed only the base & not the top.
http://i63.tinypic.com/2casfk.jpg |
Retro and modern at the same time!
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Tower crane evaluation submitted for 200 W Monroe:
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We never did see updated exterior design plans, but it called for 2 residential towers (and one that was along Van Buren but was a different phase). I think somewhere in the range of 500 units. |
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https://phxrising.city/2018/09/proje...-200-w-monroe/ |
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This is supposed to be some offices but mostly multi-family (350 units?) for tower one with tower to to come.... "later" (we know how that goes).
We never really got a clear renderign though, how iminent is the project once the tower crane app is in usually? |
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