This is micro housing

http://www.dailymail.co.uk/news/arti...t-hutches.html

:haha::haha::tup:

Has anyone heard anything about this?

http://willbruderarchitects.com/proj...on-on-central/

/\ No. Will Bruder seems like a fine architect, but it seems all of his high rise stuff is just pie-in-the-sky stuff he does for fun, maybe hoping to get hired for someone's grand plan.

Not necessarily--there's a preapp conference for a condo project on that lot:

http://emvis.net/~sean/ssp/projects/...PP-1502007.png

No so fast....The rendering and the lot it appears to be on just sold last week. So, it's very possible (if it's the right lot). It was the final parcel to secure Central frontage. Mmmm.

/\ There have been projects in the past that Bruder designed something for, but didn't seem to be the project's actual architect. W Hotel comes to mind. Maybe he's trying to get hired by the people behind the preapp.

I dunno.

Where do you see get to see sales data for properties?

"Micro-Housing" Continues to Try to be a Thing
 

http://www.bizjournals.com/phoenix/n...nned-near.html

http://www.bizjournals.com/phoenix/n...d-near.html#i1

Exclusive: Micro-housing project planned near downtown Phoenix
 

(duplicate - you beat me to it)

Anything with his name on it is iffy, he's not an experienced developer, but he knows how to run a business and make money. Could go either way.

^ Didn't he get the ball rolling for Epoch's 11 and 12 Capitol Place apartments?

Anyways, I mentioned St Ambrose in the Low and Mid-Rise thread.

Here's its zoning report:

https://www.phoenix.gov/pddsite/Documents/Z-28-15n.pdf

He had a proposal where Capitol 11 is for a building called blue, but it was sold to epoch.

Sometimes there's more money in selling a ready to roll parcel with permits and designs than actually developing and you have no risk + immediate pay day.

Well, Blue got push back on height. I would see too if the project I wanted to develop and invested alot of time and money in got shot down because it was too tall.

Yes, he did entitle and flip 11 and 12 Capital Place. Made a pretty penny on the deals.

http://www.berkadiarea.com/market-ne...cle.cfm?a=1563

This is not the property directly north of the punchcard building which includes the hideous Pyramid (as I said I was not sure if was the exact property), but the block north (just south of closed McDonals). All the small lots facing central have been secured. This was land proposed for a big condo project called Sky something. They built a similar project in Las Vegas if I remember.

http://bit.ly/1I0mBWq

It wasn't a project he "wanted to develop" though, it was a project he pushed through all the way to the ready phase and then sold.

It's not uncommon to do this. If I can make 80% of my estimated gross return without taking on the risk of development and get paid now instead of in 4 years you better believe I'm going to give that some serious consideration, and I've taken that route before.

:runaway:

That's really interesting, I actually looked at buying an (class C) office building on Weldon a few years ago but got scared (not to mention the owners didn't want to play ball) and passed it up. Between Broadstone's development on Thomas and 3rd, Ocotillo getting the ball rolling on restaurants, and this potential building, I may have missed out on an opportunity here.

This must be two separate projects: I can't find any plan reviews for the block between Weldon and Columbus on the east side of Central (one block north of the Punchcard).

The Bruder rendering looks like it's immediately north of the Punchcard, and there's a PAPP for that.