Going up: Work underway on 23-story high-rise apartment building in downtown Phoenix

Sep 2, 2022, 4:15 AM

Rendering of Saiya, a 23-story mixed-use building going up at First Avenue and McKinney Street in d...

Saiya, a 23-story mixed-use building, is going up at First Avenue and McKinney Street in downtown Phoenix. (Hatteras Sky Rendering)

(Hatteras Sky Rendering)

PHOENIX – Developers broke ground last month on a 23-story mixed-use building with nearly 400 apartments in downtown Phoenix.

In addition to 389 residential units, the high-rise project, called Saiya, will bring 12,550 square feet of retail and restaurant space to First Avenue and McKinley Street in the Roosevelt Row area.

Atlanta-based real estate firm Hatteras Sky and Salt Lake City-based Bridge Investment Group are partnering on the development. The first apartments are expected to be ready in the summer of 2024.

Plans call for two pools, including one on the rooftop with a kitchen and bar lounge, along with elevated outdoor courtyards, a fitness center, game room and dog park.

“Saiya is a unique and attractive opportunity to bridge the gap between Phoenix’s housing supply and soaring housing demand, while also providing future residents with extraordinary access to the best of Roosevelt Row’s art, entertainment, and food and beverage district as well as all that downtown Phoenix has to offer,” Oz Friedmann, principal and managing director of development at Hatteras Sky, said in a press release.

“Phoenix has experienced dramatic growth, especially in downtown, and we are excited to contribute to the changing skyline.”

We want to hear from you.

Have a story idea or tip? Pass it along to the KTAR News team here.

Arizona News

(Facebook Photo)...

Child critically injured in accident involving police vehicle in Phoenix

A child was taken to a hospital in critical condition after being struck by a Phoenix Police patrol vehicle on Wednesday.

21 hours ago

Photo of a homeless encampment in Phoenix. Six Arizona jurisdictions were awarded nearly $20 millio...

Nearly $20M awarded from new Arizona fund to combat homelessness

Six Arizona jurisdictions were awarded nearly $20 million to combat homelessness, with more than half going to the city of Phoenix.

21 hours ago

(Facebook Photo/Lake Pleasant Regional Park)...

Authorities recover body of man who didn’t resurface at Lake Pleasant

Authorities are searching for a man who didn't resurface in the waters at Scorpion Bay Marina at Lake Pleasant on Wednesday.

21 hours ago

Republican presidential candidate Florida Gov. Ron DeSantis greets supporters at U.S. Sen. Joni Ern...

Associated Press

DeSantis defends flying migrants to California as he meets with sheriffs near border in Arizona

Florida Gov. Ron DeSantis, in Arizona on Wednesday, defended his state's decision to fly migrants from the U.S.-Mexico border to California.

21 hours ago

(ADOT Traffic Camera Photo)...

Danny Shapiro

That stinks: Manure spill slows drivers on State Route 347 in Chandler

Drivers on State Route 347 in Chandler had to deal with a bit of a stinky situation on Wednesday afternoon.

21 hours ago

(MCSO Screenshot)...

MCSO releases video of deputies fatally shooting man who wielded pellet rifle in Guadalupe

The Maricopa County Sheriff's Office has released video of deputies fatally shooting a man who was wielding a pellet rifle in Guadalupe last month.

21 hours ago

Sponsored Articles



Why drug-free weight loss still matters

Wanting to lose weight is a common goal for many people as they progress throughout life, but choosing between a holistic approach or to take medicine can be a tough decision.

(Desert Institute for Spine Care in Arizona Photo)...

Desert Institute for Spine Care in Arizona

5 common causes for chronic neck pain

Neck pain can debilitate one’s daily routine, yet 80% of people experience it in their lives and 20%-50% deal with it annually.

(Photo by Michael Matthey/picture alliance via Getty Images)...

Cox Communications

Valley Boys & Girls Club uses esports to help kids make healthy choices

KTAR’s Community Spotlight focuses on the Boys & Girls Club of the Valley and the work to incorporate esports into children's lives.

Going up: Work underway on 23-story high-rise apartment building in downtown Phoenix