Phoenix Development News (3)

[azsunsurfer]

Originally Posted by Chestnut1

The PBJ article primarily about Astra mentions other projects Aspirant is working on. I tend to believe these things when there are permits, but we'll see.

Meanwhile, the developer is moving forward on a 25-story apartment tower at the southwest corner of Central Avenue and McDowell Road in Phoenix.

On March 29, the company paid $13 million for the 3.29-acre parcel at 1500 N. Central Ave., across the street from the Phoenix Art Museum, according to Tempe-based real estate database Vizzda LLC.

That $145 million development will include 17,000 square feet of retail space and 325 apartment units, Jacobs said. It's near a light rail station and is next door to The Spaghetti Factory.

The team is also working on a 500-unit apartment tower in downtown Tempe, while continuing to develop build-to-rent communities across the country.

Does anyone know which Tempe project is this?

[AZRAM]

https://ktar.com/story/5570002/arizo...-construction/

[locolife]

Originally Posted by azsunsurfer

Does anyone know which Tempe project is this?

I believe that one.

https://azbex.com/planning-developme...nned-in-tempe/

[azsunsurfer]

Originally Posted by locolife

I believe that one.

https://azbex.com/planning-developme...nned-in-tempe/

Thanks Locolife! Not trying to get too off topic about Tempe but...

Wow that was entitled awhile ago and they still haven't moved dirt yet...it's like Tempe's Astra....just to compare down the street on Apache as soon as both those student housing projects were entitled the land was cleared and there are construction crews already starting on the foundations....

[skiesthelimit]

Originally Posted by azsunsurfer

Thanks Locolife! Not trying to get too off topic about Tempe but...

Wow that was entitled awhile ago and they still haven't moved dirt yet...it's like Tempe's Astra....just to compare down the street on Apache as soon as both those student housing projects were entitled the land was cleared and there are construction crews already starting on the foundations....

I would say X Tempe or Tempe Depot is moreso Tempe’s Astra. iirc this project is relatively new and caught us all by surprise since Devil’s Advocate is well and alive and there are so many other vacant lots available. The former two we’ve been waiting years for now with no movement.

[ASU Diablo]

Originally Posted by ASU Diablo

Upcoming DVC Agenda for tomorrow’s meeting.

• Firehouse (1130 N. 1st St) RFP ~ Heather Rasmussen, City of Phoenix CED office
• Milum Textiles HP update
• TA for height bonus 1st Ave /Central area update (Z-TA-10-23-7)
• City of Phoenix budget - discussion of priorities and formalizing input

Curious to learn more about the Firehouse RFP update if anyone attends. Last I recall from this, it was awarded to Poolhouse Group (group behind Gadzooks and Poolboy Taco)

Anyone attend the DVC meeting or RAA meeting last night? Both groups provided an update on the Firehouse RFP and wanted to learn of any new details that may have been shared

[exit2lef]

Originally Posted by ASU Diablo

Anyone attend the DVC meeting or RAA meeting last night? Both groups provided an update on the Firehouse RFP and wanted to learn of any new details that may have been shared

I was at DVC. The RFP for the firehouse has been awarded to Poolhouse Hospitality Concepts, the same folks behind Gadzooks, the Green Woodpecker, and Hugo's. As part of the RFP, they're suppose to develop a mid-priced restaurant that will be open three meals a day. The presenters suggested it would be distinct from their current restaurant lineup.

I asked if there was any concern that Poolhouse was spreading itself too thin with its recent expansion. My concern was motivated in part by Hugo's, which seems like an underutilization of a great building on First Street with a limited menu and a weird theme centered around a pink bear. The city staff assured me they thought Poolhouse could make the Firehouse work.

[ASU Diablo]

Originally Posted by exit2lef

I was at DVC. The RFP for the firehouse has been awarded to Poolhouse Hospitality Concepts, the same folks behind Gadzooks, the Green Woodpecker, and Hugo's. As part of the RFP, they're suppose to develop a mid-priced restaurant that will be open three meals a day. The presenters suggested it would be distinct from their current restaurant lineup.

I asked if there was any concern that Poolhouse was spreading itself too thin with its recent expansion. My concern was motivated in part by Hugo's, which seems like an underutilization of a great building on First Street with a limited menu and a weird theme centered around a pink bear. The city staff assured me they thought Poolhouse could make the Firehouse work.

Thanks exit2lef!

So basically information that was already known and had been previously shared by me months ago. Man, either the developer or City is moving really slooooow on this (as expected).

I was hoping by this point we would at least have more concrete plans to share, including renderings.