Groundbreaking held for 24-story downtown Phoenix apartment tower
PHOENIX — A groundbreaking ceremony was held Tuesday for a 24-story downtown Phoenix apartment tower that is projected to be open by 2023.
Located at 811 N. 3rd Street in the heart of the city’s arts district, the complex will feature 326 studio, one- and two-bedroom units.
“We are big believers in the Roosevelt Row Arts District and are very excited to bring a high-quality living environment into this exciting district,” Brendan Morrow, chief development officer for developer Lincoln Ventures, said in a press release.
“We are eager to partner with local artists on artwork and murals for the building, further weaving our building into the fabric of the district.”
The building will include various amenities such as a ground floor coffee-to-cocktails concept, a fitness studio with a yoga and meditation room, spin studio, saunas, and co-working and conference spaces with a business lounge.
Residents can also enjoy a rooftop pool deck with views of downtown Phoenix in addition to an aqua lounge, grills and spas, according to the release.
Its location provides close proximity to sports venues, museums, cultural events, the Phoenix Convention Center and Arizona State University’s downtown campus.
The project marks the first multifamily development in Phoenix for Texas-based Lincoln Ventures, according to the release. JE Dunn, which has experience with more than 50 multifamily projects, will construct the complex.
While the groundbreaking ceremony was held Tuesday, construction for the project began in July.