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?’”


RECOMMENDED



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.

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

A UK based sports betting company wants to build a 120k sqft 800 person HQ in DOWNTOWN TUCSON

What are the people in City of Phoenix even doing all day?

... the rest of the article said that they were also considering Nashville and Denver, the latter of whom has already committed to tax incentives.

Strange that a sportsbook company would even mention Nashville and Tucson in the same breath as Denver.

Why not Nashville? They are a 2 pro sport city now, and may be a 3rd when MLB expands. Tucson is the odd man out here.

Edit: Another question between the 3 is what type of sports gambling is legal in each respective state. All of them allow online sports betting, while Tennessee doesn't allow retail sportsbook locations. Maybe that's an issue? Overall, I would think this company would want to be within a pro sports city at the very least.

2nd st and portland
 

A coworker just got a set of plans to bid a 24 story apartment building @114 E. Portland.

general said they were awarded project so must be a go.

the lot was bought by a Chicago developer not too long ago.

NW corner of 2nd st and portland.

Wow, this one slipped under my permit searches. Fact Finding and SDEV were submitted back on 10/06/22 and a hydrant flow test was submitted on the 14th of this month. I'll pull a RR and see if I can get some renderings and more info.

While you're at it, see if you can request any additional information on the following lot? I think it's the same Chicago developer and they are also proposing a tower here.

362 N 3rd Ave, Phoenix, AZ 85003

Deleted

I had always thought those condos intended to develop the whole block but this is great news.

Not long before most of the space between Mcdowell and Washington will be developed!

:cheers: 24 stories at that location will look cool it will feel like you are driving under it when going into the tunnel on the 10

Poking around that area I remembered this site was razed last year... has it begun construction? Has there been an update on this ("The Moreland")?

https://www.google.com/maps/@33.4612...7i16384!8i8192

I posted the fact finding info a couple months ago on the NWC of 2nd and Portland tower.
Not a whole lot of into in the FACT Finding package and no renderings or elevations. Below is old from January, but that's all I have.
Height: 250'
Stories: 24
Developer: Convexity (Chicago)
Architect: VDT - Valerio Dewalt Train

https://live.staticflickr.com/65535/...fc079b6c_o.jpg

Thanks for finding this information. Looks like a preliminary massing study model. Obviously still in the design phase.

Opening in June but taking reservations starting in August??? Soooo do they mean June 2024?

While opening in June 2023, they won't accept reservations until August 2023.

68% of the time it works *all* the time.

Speaking of 2nd st and Portland St. In downtown/ Roosevelt row.

Occasionally I go downtown and park around there and walk to one of the bars in that area. I always wonder why those dirt lots are all sitting there.

It seems like a desirable spot and I am surprised that many of those lots haven't been developed. Not even with large buildings it seems like a great spot to have already built small projects like townhomes or those 4 story residentials around there. I do see the post about the 24 story tower now.

I know a lot of your guys are architects, real estate, etc. I'm not so I don't know. Is it a zoning issue? A price of land issue? Only high density? It seems like right in the middle of a popular spot and any sort of development would be snapped up.

RR came back today. I don't have time to really look through to see if there are any new renderings and whatnot. But the fact finding does state that the height will be 275' and a height variance will be requested.

Good height :cheers:

That is great height and a lot more residents coming into the Roosevelt area. It's hard to keep tabs but how many new residents will be downtown when the current slate of projects finish up?

The lot surrounding enHance used to actually be a full block of vacant commercial buildings up until about 2007. At one point around that time, they were all torn down and a for sale sign was posted in one of the worst misses in adaptive reuse downtown in memory. The enhance developers grabbed it and ultimately built phase 1, but because the market for crummy small woodframe condos is very small, it the rest of the site languished. It took them years and years to realize this and I assume they were just holding it on for investment until it finally sold to the Chicago team that actually knows how to build.

Chase Tower
 

This may have been discussed before, but I heard from a reliable source that Chase Tower is being renovated into new ground floor retail, 6 floors of commercial and the rest as residential? An ABC article from last year seems to confirm this with Chris MacKay saying this new mixed-use tower could have "residential, a hotel or commercial."

Thoughts?

I don’t see that much commercial space in demand in that configuration downtown that can’t already be met by class B properties.

MacKay’s statement is pretty much irrelevant because it’s not like a pig processing plant would ever go in there, she has all the actual speculative uses covered. I think her comment was more directed at a general audience so yokels thinking about grow ops and homeless shelters shouldn’t have to worry/be disappointed.

Chase also has a very problematic “ground floor” from what I remember. Concourse retail is not ground floor and limits what they can do with it. An actual restaurant needing a grease trap and ventilation doesn’t fit without major retrofits, for example.

Yah I know a major developer who walked it when it was for sale and his takeaway was it was only liabilities and problems.

Yep it's ben discussed. It's been rumored for a while ever since those RED Development renderings popped up. Don't know if this is what the remodel will actually look like or if it was all speculative, but does provide insights as to how a remodel may look like and how street frontage "may" be addressed. I'm really excited about this one.

Not sure who the main developer is but I know the Godfather of Phoenix sports is involved so maybe it's JDM Partners? Hopefully more details can be shared soon...

Do we have any photographers in the forum anymore? There is a ton of great construction to capture downtown right now

Yes that would be great. Palmtower is really coming together as it closes in some floors with glass. Central Station going vertical with major progress. XPhxII looks like it's getting close to topping out. And so much more.

I was downtown on Friday for drinks and dinner before the Suns game. It was bananas with First Friday, DBacks, and Suns. Every corner of downtown was flooded.

It's just a mystery that we can't land major new employers downtown. It's so vibrant right now.

It is not a mystery. The economy is challenging right now for downtown office markets around the country. We are seeing most of our projects change scope to 'market ready' instead of tenant improvements. Developers are worried about the rising office vacancy rates. Until people decide to get out of working from home and back to work in a public office setting, banks are not going to loan money on new offices...especially in downtown Phoenix. Sad.

The work from home and remote work revolution is great in many way for lifestyle, families, raising children, giving people the ability to live where they want without sacrificing good jobs/careers but it’s not good for traditional downtown offices that’s for certain.

Everything had a downside

We won't even need Downtowns eventually either. You can visit Cobra Arcade or Copper Blues via the Metaverse all from the safety of your own home...ChatGPT can even write your pick-up lines too!

According to IG post below, True North Studios did a presentation and looks like Knipe Village and the Roosevelt Land Yacht Club developments are still alive

https://www.instagram.com/p/CsHuHKVP...RlODBiNWFlZA==

I wish I could have that guy's job where he does like nothing all day and makes outlandish promises about what he's going to build, but I'd actually be doing something all day and getting it built. I swear, Phoenix's RFP process has to be the worst make work/welfare project in the state.