Quote:
Originally Posted by Phxguy
Is anyone aware of a project known as VeLa Roosevelt on the NEC of Pierce and Central Ave? It was brought to my attention recently from a reputable source but this is the only info I have at this time. Can anyone work their magic?
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It's a planned tower, approximately 25 stories with what sounds like Microunits. The parcel does not have any crazy issues that would delay progress, contractor is apparently already selected (no clue who as of yet), but planning on submitting prelim shortly and they have a tight schedule with anticipated groundbreaking late Q3 this year. That is doable, but really aggressive, so I would give a couple months buffer in my opinion. Developer is apparently doing 3-5 projects across the country, but Phoenix is furthest along since they own the land.