What's Hot

    Phoenix Council Votes for Data Center Restrictions

    July 9, 2025

    Project Blue Developers Considering 2 Additional Tucson-Area Sites

    July 9, 2025

    Sundt to Build Industrial Facility in Apache Junction

    July 9, 2025
    Facebook Twitter Instagram
    AZBEX
    NEWS TICKER
    • [July 9, 2025] - Phoenix Council Votes for Data Center Restrictions
    • [July 9, 2025] - Project Blue Developers Considering 2 Additional Tucson-Area Sites
    • [July 9, 2025] - Sundt to Build Industrial Facility in Apache Junction
    • [July 8, 2025] - Surprise Council Approves 295-Acre Rezone for Mixed Residential
    • [July 8, 2025] - Construction Hiring Remains Sluggish
    • [July 8, 2025] - Ariz. LIHTC to Sunset Under New Budget
    • [July 8, 2025] - Industry Professionals 07-08-25
    • [July 8, 2025] - Commercial Real Estate 07-08-25
    Facebook Twitter YouTube LinkedIn
    • Home
    • News
      1. View Latest
      2. Planning & Development
      3. Local News
      4. Classifieds
      5. Editorial Analysis
      6. Budgets & Funding
      7. Commercial Real Estate
      8. People on the Move
      9. Arizona Projects
      10. Legislation & Regulations
      11. Trends

      Sundt to Build Industrial Facility in Apache Junction

      July 9, 2025

      Surprise Council Approves 295-Acre Rezone for Mixed Residential

      July 8, 2025

      Retail Center & Senior Residential Development Planned in Casa Grande

      July 1, 2025

      New 108-Room Hotel, Conference Center Planned in S. Phoenix

      July 1, 2025

      Phoenix Council Votes for Data Center Restrictions

      July 9, 2025

      Project Blue Developers Considering 2 Additional Tucson-Area Sites

      July 9, 2025

      Mesa P&Z Recommends Data Center Zoning Restrictions

      July 2, 2025

      Arterial Life Cycle Program Covers 20 Years of Street Development

      June 27, 2025

      Glendale Voters to Determine VAI Resort’s Fate

      May 16, 2025

      Legislation Would Effectively Strip NIMBYs of Referendum Tool

      February 11, 2025

      2025 Forecast Tries to Clarify an Uncertain Market

      February 7, 2025

      KOREPlex Buckeye Site Quietly Listed For Sale

      January 31, 2025

      Ariz. LIHTC to Sunset Under New Budget

      July 8, 2025

      State Government Shutdown Averted as Hobbs Signs Budget

      July 1, 2025

      Arterial Life Cycle Program Covers 20 Years of Street Development

      June 27, 2025

      $56M+ MAG Program will Enable $90M in Arterial Street Widening Projects

      June 24, 2025

      Commercial Real Estate 07-08-25

      July 8, 2025

      Commercial Real Estate 07-01-25

      July 1, 2025

      Commercial Real Estate 06-24-25

      June 24, 2025

      Commercial Real Estate 06-17-25

      June 17, 2025

      Industry Professionals 07-08-25

      July 8, 2025

      Industry Professionals 07-01-25

      July 1, 2025

      Industry Professionals 06-24-25

      June 24, 2025

      Industry Professionals 06-17-25

      June 17, 2025

      Arizona Projects 06-27-25

      June 27, 2025

      Arizona Projects 06-20-25

      June 20, 2025

      Arizona Projects 06-13-25

      June 13, 2025

      Arizona Projects 06-06-25

      June 6, 2025

      Ariz. LIHTC to Sunset Under New Budget

      July 8, 2025

      Tax Bill Would Make LIHTC Permanent

      July 2, 2025

      State Government Shutdown Averted as Hobbs Signs Budget

      July 1, 2025

      Hobbs, Legislators Reach Water Use Compromise

      June 24, 2025

      Construction Hiring Remains Sluggish

      July 8, 2025

      Ariz. Construction Shed 1,700 Jobs in May

      June 24, 2025

      NABH Council Partnership Wants to Expand Workforce Pipeline

      June 17, 2025

      Project Abandonments Hit a Record in May

      June 13, 2025

      Phoenix Council Votes for Data Center Restrictions

      July 9, 2025

      Project Blue Developers Considering 2 Additional Tucson-Area Sites

      July 9, 2025

      Sundt to Build Industrial Facility in Apache Junction

      July 9, 2025

      Surprise Council Approves 295-Acre Rezone for Mixed Residential

      July 8, 2025
    • AZBEX
      • Subscribe
      • Classifieds
      • Advertising
    • DATABEX
      • Webinars
      • Monthly Snapshot
    • Events
      • 2025 Mid-Year Update
    • About Us
      • Meet the Company
      • Meet the Sales Team
      • Meet the Editorial Team
      • Meet the BEXperts
    AZBEX
    Home » Planning & Development » Phoenix May be Growing Up
    Planning & Development

    Phoenix May be Growing Up

    BEX StaffBy BEX StaffJanuary 31, 2023No Comments5 Mins Read
    Conceptual site plan for 509 W. Monroe. Credit: bKl Architecture/City of Phoenix
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Multiple Tower Projects Possible Downtown

    By Roland Murphy for AZBEX

    Partly because of its proximity to the airport, partly because there has always been land to build out horizontally, and partly for any number of other reasons, the Phoenix skyline has never boasted the soaring height and volume of towers that other large cities can claim.

    That has evolved, somewhat, in recent years. While the physical limitations of wood framing have kept the vast majority of development, particularly in multifamily, in the low-rise realm, the last decade has provided the landscape with a healthy dotting of mid-rise—up to 12 floors by most definitions—and even the occasional honest-to-goodness high-rise plan.

    According to the high-rise enthusiast site skyscraperpage.com, Phoenix has an inventory of 41 buildings of more than 12 floors. Of those, however, only 12 have been built in the 2000s.

    If we turn to the DATABEX project database and do a bit of filtering and scrubbing, we find at least 16 high-rise projects in various stages of development. Of these, three are in the 85003 ZIP Code; 11 are in 85004, and the remaining two are in 85012.

    For reference, 85003 lies generally between the Salt River and Thomas Road and is roughly bounded on the east and west by Central and 7th avenues. 85004 has the same general north-south boundaries between Central and 7th Street, and 85012 carries those same east-west boundaries north between Thomas Road and Glendale Avenue.

    Those 16 projects show a relatively even match between projects completed and projects under construction, with five of each. Of the remaining six, three are in design, one has been canceled, one is on hold and one is in pre-construction. Total estimated project valuations for the 16 towers are more than $2.2B, and the estimated build area comes out to a little less than 10.9MSF.

    Those project counts, and the Phoenix skyline itself, could soon get a major bump, however, as no fewer than three major high-rise projects are in the pre-application stages with the City of Phoenix.

    VeLa Roosevelt

    Adding to the 85004 project count, VeLa Development Partners has proposed VeLa Roosevelt—a 26-story 401-unit multifamily tower with a build area of nearly 923KSF. The proposed 1.55-acre site is near the SEC of Central and McKinley Street, two blocks south of Roosevelt Street.

    The current site is a parking lot with shade canopies, according to the project narrative.

    The proposal calls for 22 floors of rental residential over a four-story parking podium and incorporates 5KSF of retail, lobby and leasing area space along with parking and loading areas. Bicycle storage space is planned on the west side of the ground floor. Open space and indoor and outdoor amenity spaces will be provided at the base of the residential tower, according to the narrative.

    VeLa Development Partners is the developer. Lamar Johnson Collaborative is the architect, and Clayco, Inc. is the general contractor. The project is represented by Snell & Wilmer.

    The Phoenix Board of Adjustment is scheduled to hear variance requests for the project at its Feb. 2 meeting. A preliminary site plan review request was filed in November, and a civil plan review request was filed earlier this month.

    509 West Monroe Tower

    LG Development Group submitted a Downtown Code Fact Finding meeting request to the Phoenix Planning and Development Department as part of a pre-application last November.

    The request deals with a plan to build a 24-story development with an estimated 400 residential units and ground-floor retail/commercial space. According to the project overview, the plan calls for “a mix of studio, one-, two-, and three-bedroom units with an average unit size of approximately 796 square feet. The Project will incorporate customary, modern residential amenities, which may include a rooftop lounge, as well as leasing, fitness and amenity spaces. An above grade parking structure will serve the project’s parking requirements in addition to offering off site valet parking spaces to a nearby hotel. The Project as designed proposes 100% Lot Coverage. As such, the Project will pursue sustainability credits to increase the allowable Lot Coverage.”

    The request was submitted on LG Development Group’s behalf by bKl Architecture.

    1st & Pierce

    Clayco Realty Group has submitted a pre-application to the Planning and Development Department for 1st & Pierce, a 36-story high-rise tower it is planning on 0.9 acres at the NWC of the intersection.

    The initial plan calls for 396 apartments and 5KSF of ground floor restaurant/retail space, as well as the property’s leasing/administrative offices. An integrated parking structure will have eight levels of above-grade parking.

    According to the project narrative, the development will offer, “Numerous resident amenities, including a podium-level outdoor deck with grill stations and lawn, a rooftop pool and pool deck, fitness center with rock wall and indoor basketball court, resident club lounge and co-working lounge, and a bicycle storage and maintenance room.”

    Several infrastructure and street improvements are also planned along both Pierce and 1st streets.

    Clayco Realty Group is the developer. Lamar Johnson Collaborative is the architect, and Clayco, Inc. is the general contractor. Kimley-Horn is the civil engineer and landscape architect. Meyer Borgman Johnson is the structural engineer, and the mechanical, engineering and plumbing firm is Solutions AEC. The project is represented by Gammage & Burnham, PLC.

    1st & Pierce apartments/condos City of Phoenix Clayco Inc Clayco Realty Group DATABEX Downtown Code Fact Finding Downtown Phoenix Kimley-Horn Lamar Johnson Collaborative LG Development Group Meyer Borgman Johnson Mixed-Use multifamily Phoenix Board of Adjustment Phoenix Planning and Development Department Private retail Snell & Wilmer Solutions AEC VeLa Development Partners VeLa Roosevelt
    Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email

    Related Posts

    Phoenix Council Votes for Data Center Restrictions

    July 9, 2025

    Project Blue Developers Considering 2 Additional Tucson-Area Sites

    July 9, 2025

    Sundt to Build Industrial Facility in Apache Junction

    July 9, 2025

    Leave A Reply Cancel Reply

    You must be logged in to post a comment.

    Our Picks

    Phoenix Council Votes for Data Center Restrictions

    July 9, 2025

    Project Blue Developers Considering 2 Additional Tucson-Area Sites

    July 9, 2025

    Sundt to Build Industrial Facility in Apache Junction

    July 9, 2025

    Surprise Council Approves 295-Acre Rezone for Mixed Residential

    July 8, 2025
    Stay In Touch
    • Facebook
    • Twitter
    • LinkedIn
    • YouTube
    Don't Miss
    Local News

    Phoenix Council Votes for Data Center Restrictions

    July 9, 20250

    Despite dire warnings from economic development officials, the Phoenix City Council has unanimously voted to…

    Project Blue Developers Considering 2 Additional Tucson-Area Sites

    July 9, 2025

    Sundt to Build Industrial Facility in Apache Junction

    July 9, 2025

    Surprise Council Approves 295-Acre Rezone for Mixed Residential

    July 8, 2025

    BEX serves architecture, engineering and construction firms as well as all the ancillary product and service categories that market to them. These include manufacturing representatives, public agencies and private real estate organizations, specialty subcontractors and services providers related to our industry.

    Our Picks

    Phoenix Council Votes for Data Center Restrictions

    July 9, 2025

    Project Blue Developers Considering 2 Additional Tucson-Area Sites

    July 9, 2025

    Sundt to Build Industrial Facility in Apache Junction

    July 9, 2025
    Contact Us

    Phone: 480-709-4190
    Address: P.O. Box 12196 Tempe, AZ 85284
    Email: sales@azbex.com

    Type above and press Enter to search. Press Esc to cancel.