CityScape’s first building in Downtown Phoenix has been a magnet for law firms. Polsinelli Shughart recently committed to 45,000 sf in the project and joining Squire Sanders & dempsey, Ballard Spahr, Jennings Strouss @ Salmon and Gust Rosenfeld. The first tower is scheduled for completion in June of 2010.’
This is just another sign that although the economy is still struggling, Downtown Phoenix remains in the spotlight for commerical and residential. If you’re intersetsed in working in Downtown Phoenix and living there are 3 great projects you can consider. The Summit at Copper Square is a highend condo tower and only a few blocks from CityScape. There are 1, 2 and 3 bedroom units for sale and prices are very reasonable now. Currently (1-5-2010) there are 6 units for sale at the Summit with prices ranging from $140k for a 1 bedroom and going to $450,000 for a 2 bedroom on the 17th floor.
Another great building that is a few blocks from CityScape is the Orpheum Lofts. This is a great 1934 building converted to lofts in 2004. One bedrooms are now starting at just under $100k and two bedrooms start at $145k. This building is certainly a great lifestyle in a very well done Art Deco building in the heart of Downtown. All units have exposed brick, concrete columns and duct work. With a Light Rail Station only a block a way, you can really give up your car most of the time.
If you’re looking for something a bit larger but still very cool, you might like Stadium Lofts (also known as Downtown Phoenix Lofts). These are larger and a ver open floor plan ranging from 1100 square feet to over 1700 square feet. Most are designated 1 bedrooms but have plenty of room for 2 bedrooms. Located just south of the USAirways Arena and only about 3 blocks from CityScape, it’s a great location to get anywhere downtown easily and the Jackson Street Entertainment area is still being planned.
Check out these communites and all the communities in Downtown Phoenix by going to http://www.aznativeproperties.com/ and see what happening. You can also contact the Downtown Urban Real Estate Specialist at Chris@RooPhoRealty.com