Central Avenue & Palm Lane

Located in the exclusive mid-town area of Phoenix, the Central & Palm Lane project is a 34 story high rise structure with an additional 6 story, 606 space parking structure. The project houses 326 condominium residences integrated into a world-class recreational environment featuring a  state-of-the-art fitness center, rooftop swimming pool and sun deck.

The upscale project design includes over 6000 square feet of retail and offers residents convenient access to the Playhouse in the Park Theatre, Heard Museum, Phoenix Art Museum, Phoenix Theatre and the Arts District.

The average unit size of approximately 1,204 square feet equates to an average unit price of under $668,077 ($550/sf including balcony, view and orientation premiums). With projected sales pricing from the mid $300's, this project provides attractive purchase opportunities for the upscale segment of the Phoenix market. The project will be delivered fully entitled, ready to begin the marketing and pre-sales phase. Construction begins in 2008.

Approximate Gross Revenue: $218,461,239 - Download Executive Summary - Preview Website