I'm not surprised the Barrister property fell through, and I'm glad it did. The original plans called for just 130 units in 3 6-story buildings, with 11,000 sq feet of retail. The garages were going to have major street presence on both Jefferson and Central. For a project in such a prime location in between CityScape, Luhrs, and USAC, I think 130 units and 6-story buildings would've been a huge disappointment. I wonder if anyone will attempt to acquire the land adjacent or try to form a joint venture. The current configuration makes it really hard to incorporate much more after factoring in a parking garage, and also limits what can be done on the eastern edge as future development could completely block views.
Since that's unlikely, I'd like to see a 5-story modern complementary addition along Jefferson with retail + creative offices to provide some scale in relation to the 6-story Barristr, leading into an 18+ story apartment tower at the western edge. The southern lot could be anything, but my preference is probably an 8-12 story office building so that the ground level could be used for nightclub-type establishments, given the Marriotts going next door. Since the Barrister itself is only capable of holding 35 units, I'd rather see it turned into a small boutique hotel with ground level retail, basement speakeasy, and rooftop bar/lounge with a 'Psycho' theme.
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I don't think anyone mentioned Alta Phoenix. Camelback and 7th Street - basically a replica off all Wood Partners projects:
https://www.phoenix.gov/pddsite/Documents/Z-39-15n.pdf
The retail scene downtown looks like it might be about to plummet. In addition the usual suspects (Tapestry, Roosevelt Point, Union, Skyline Lofts, OS Stapley Buildings, 44 Monroe, Monroe HGI, and the Van Buren/1st Ave garage), two major offices are about to see vacancies skyrocket.
Renaissance Square is losing A Touch of Yogurt, Tom's Tavern, a pizza restaurant, and a jewelry store. This site plan shows the magnitude of space they've put on the market:
http://x.lnimg.com/attachments/6C885...4C620ECD78.pdf
The site plan also shows how terrible design leads to challenging occupancies. The majority of the Central Ave, Adams, and 1st Ave frontages are dedicated to lobby/office space, while the retail spaces are clustered around a courtyard that is hidden from plain-view by the light rail and the 'Counter' building on the corner. Some of these spaces are only accessible through the lobby, as well.
US Bank Center is pretty much fully vacant (26,000 square feet) aside from its bank branch and the DPP:
http://x.lnimg.com/attachments/85BD0...CD8BE7DA11.pdf
Again, most of the spaces are accessible through the lobby only.
Bud's Glass Joint's lease on 1st St/Roosevelt is up at the end of the month, and the space is currently listed. If Sutra ever opened next door, this woud've been the only block north of Roosevelt with any activity, but that's obviously going to change. OTOH, maybe someone will buy the empty low and Bud's building and create a more substantial infill?
Looks like the new restaurant at
Skyline Lofts will be in the space on 3rd St/Fillmore, as their listing has been updated to include only the eat building:
http://x.lnimg.com/attachments/F99B3...EB9BF4D4D5.pdf