Developer: Concord Eastridge General Contractor: hardison/downey Architect: Ayers Saint Gross Location: Roosevelt St. to the north; McKinley St. to the south; Fourth St. to the east; Third St. to the west Size: 2.9-acre site comprising 2 parcels The $52M, 2-building, mixed-use project is the first private investing supporting Downtown Phoenix student housing. Plans call for 325 apartment units and 5,000 SF of retail space. Subcontractors include Spectrum Engineers, Dibble Engineering, PK Associates and SmithGroupJJR (landscape architect). Expected completion is 3Q 2013.
A new residential housing project will take over one of Phoenix’s most visible vacant lots in downtown to construct the two-building project of Concord Eastridge.
Sitting on 2.89 acres of vacant land in the Evans Churchill neighborhood of downtown Phoenix, Concord Eastridge will meet the demands of students and young professionals seeking an urban lifestyle. The two-building project is the first of its kind supporting downtown student housing for the growing education sector of Arizona State University’s downtown campus, University of Arizona’s College of Medicine and the Phoenix Biomedical Campus.
The project, designed to be an attractive option for upper level students, new graduates and young adults within the community will boast approximately 325 apartment units and 5,000 square feet of retail space. The project on its own is being recognized for the positive impact it will have for the downtown Phoenix economy as the newest housing addition to the Roosevelt Row area.
Join Phoenix Mayor Greg Stanton, Concord Eastridge CEO Susan Eastridge and financing partner Tom Trubiana of EdR, Tuesday, March 6, 2012 for the groundbreaking of the ceremony at 10 a.m. at the Southwest corner of Fourth Street and Garfield in downtown Phoenix.