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Originally Posted by somethingfast
isn't Chase basically functionally obsolete for office at this point? i could see redeveloping for residential (would need serious $ to pull off) but just don't see it attracting multiple office tenants. might be better to raze it and build something new...
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That's my thoughts exactly. I think residential conversion would be too expensive to do on a 40-story tower. But I do think a mixed-use redevelopment would be do-able with some office, residential and maybe hotel space. I don't see Chase getting razed though, just the garage. If this were NYC, I could see the tower getting blown up. I just don't think Phoenix is there yet to rip down the states tallest tower to build something else.