Downtown Phoenix to get hundreds of residential and student housing units

In fast-growing Phoenix, Arizona, a transit-oriented development called Central Station will sit adjacent to Arizona State University’s Downtown Phoenix campus. The mixed-used, one-million-square-foot development will include two residential towers, 30,000 square feet of food-oriented retail space, 70,000 square feet of office space, and two levels of below-grade parking with 430 spaces.

Slated to open in 2024, Central Station will merge with the city’s primary downtown bus and light rail transit center, which serves 2 million passengers annually. It will also connect to the city’s Civic Space Park in a unified public space.

One tower, a 22-story student housing building, will be fully furnished and will include 655 beds. Its diverse array of smart tech-equipped residential options will range from micro studios to four-bedroom units, catering to undergraduate and graduate students as well as young professionals. The second building, a 33-story residential tower, will include 362 units and feature smart-tech throughout.

“At GMH, we have been actively pursuing opportunities to expand our footprint and develop Class-A, smart-tech apartment communities across the country,” Steve Behrle, chief development officer, GMH, said in a statement. “With Central Station, our plan is to transform Downtown Phoenix, providing students and the local workforce with the living accommodations necessary to support their unique live-work-play-learn-thrive lifestyles.”

“Central Station will be a vibrant, pedestrian-friendly addition to downtown Phoenix with its densely landscaped pathways,” Monzer Hourani, CEO, Medistar, added in a statement. “Its connection to Civic Space Park will provide another amenity bringing people together to experience events, dining, music, and green space.”

Central Station is a public-private partnership, with the city of Phoenix retaining ownership of the land and the development partners entering into a long-term lease for the project.

Developers: Medistar Corporation, GMH Communities, CBRE Investment Management

Design architect and architect of record: Gould Evans

MEP engineer: Henderson Engineers

Structural engineer: Meyer Borgman Johnson

General contractor/construction manager: Layton Construction

Central Station North Drive View — Courtesy Gould Evans.

Central Street Edge View — Courtesy Gould Evans.

Global real estate companies Lendlease and Ivanhoé Cambridge recently announced the topping-out of FORUM, a nine-story, 350,000-sf life science building in Boston. Located in Boston Landing, a 15-acre mixed-use community, the $545 million project will achieve operational net zero carbon upon completion in 2024.

top retail design trends for 2023-2024, Mountain View Village in Utah Photo by Alex Drone Photography

Retail Centers | Nov 7, 2023

Omnichannel experiences, mixed-use development among top retail design trends for 2023-2024

Retailer survival continues to hinge on retail design trends like blending online and in-person shopping and mixing retail with other building types, such as offices and residential.

Rendering of City Centre West mixed-use community

Condominiums | Nov 6, 2023

Douglas Elliman launches its first Metro D.C. condominium project

Douglas Elliman, one of the largest independent residential real estate brokerages in the United States, announced last week that the firm will be handling the sales and marketing for Ten501 at City Centre West.

Mass Timber | Oct 27, 2023

Five winners selected for $2 million Mass Timber Competition

Five winners were selected to share a $2 million prize in the 2023 Mass Timber Competition: Building to Net-Zero Carbon. The competition was co-sponsored by the Softwood Lumber Board and USDA Forest Service (USDA) with the intent “to demonstrate mass timber’s applications in architectural design and highlight its significant role in reducing the carbon footprint of the built environment.”