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ARIZONA BUSINESS

Empire Group to break ground on $165M apartment tower near Phoenix Art Museum

Empire Group of Cos. plans to break ground next month on a 24-story apartment tower near the Phoenix Art Museum.

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Empire Group of Cos. plans to break ground next month on a 24-story apartment tower near the Phoenix Art Museum.

The $165 million project in midtown is part of $1.22 billion in total development costs the Scottsdale-based developer has on its plate across four apartment tower projects — along with another $1.07 billion in build-to-rent projects totaling 3,500 units across 15 properties in metro Phoenix.

To be called The Whitney, that 24-story project will include 328 apartment units and 314,000 square feet of retail space. Brinkmann is general contractor for the project, which is set to rise at the southwest corner of Central Avenue and McDowell Road in downtown Phoenix.

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Also breaking ground this year will be the $280 million Revelry, which spans two apartment towers at the southeast corner of University Drive and Rural Road in downtown Tempe. A 17-story tower is connected to a 15-story tower by a 27,000-square-foot pool deck on the second floor.

This story is posted in partnership with Phoenix Business Journal. Click to read the full story.

Comments

1 Comments

U
Ucbay Anner 6 months ago

I hope they don't get Greystar to run it like some of their other properties.

Look another place for the third generation of money to be laundered. Don't tell me let me guess, common area fees, why? they have nothing in the lobby to do. Dogs all over the place, and a staff that is only there to protect their property.