This blog should be used for informational purposes only. Palm Court Tower will provide much needed housingbringing an important new element to the Arizona Centerfurther stimulating the downtown areas growing economy., Image courtesy of Parallel Capital Partners. The AC Hotel by Marriott will break ground in May of this year on the east side of Arizona Center. The deal for that RFP ultimately fell through and a new RFP for development was issued in 2015. Follow us, tweet, share, post, comment however you get social is the perfect way to connect. When we looked at first acquiring Arizona Center, we saw what we thought was a generational opportunity to acquire a 16-acre super-block in an urban center, and thats very rare anywhere in America, said Matt Root, CEO and managing partner at San Diego-based Parallel Capital Partners, which acquired Arizona Center in 2015. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. 28-Story PALMtower is Underway in Downtown Phoenix. Located at 440 East Van Buren Street, PALMtower Residences will contain 352 apartment units; a 17,500-square-foot seventh floor amenity level with an outdoor pool ceilings, a private balcony with courtyard or poolside views and vinyl plank People want to move to cities with a high quality of life and cities that have long-term job formation, and Phoenix is really at the top of that list, Root said. Located at 440 East Van Buren Street, the building will contain 352 apartment units; a 17,500-square-foot seventh floor amenity level with an outdoor pool and indoor-outdoor common space; as well as six floors of above ground parking with 370 spaces with 120 spots for bike parking. Arizona Center in Phoenix sees major upgrades - Chamber Construction is anticipated to begin sometime this summer. PCS Development is the developer and architect for the $75M project and Route2 Builders is the general contractor. Heers Management Company is planning the $70M-$80M multifamily development to be located at the NEC of Canyon Trails Boulevard and South Cotton Lane in Goodyear. Workforce housing provides affordable housing for households with annual incomes between approximately $39,000 and $59,000, according to Phoenixs Economic Development Department. Palm Court Tower at Arizona Center is planned as a 28-story, 352-unit apartment tower located at 440 E. Van Buren Street in Downtown Phoenix.

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