West Downtown Emerges As New Residential Development Hot Spot
August 24, 2018 by Fara Illich
Roosevelt Row, the Phoenix Warehouse District and Downtown Core continue to attract a number of infill and high-rise residential development projects, in addition to an eclectic mix of new restaurant and retail options. But there’s a surprising new hot spot for downtown development.
Nine projects and 2,500 residential units are currently in the pre-development and construction phases between Roosevelt and Van Buren streets, Central Avenue west to Seventh Avenue, making it the single most popular area for downtown residential activity.
Offering everything from three-story townhomes on Sixth Avenue to a 25-story, 558-unit highrise on the southwest corner of Van Buren Street and Second Avenue — this activity translates into thousands of new residents in the next few years.
“I’ve walked around this neighborhood many, many times, both at night and during the day, and what it’s missing is people,” said Dan Klocke, executive director of the Downtown Phoenix Partnership.
Between the roadway configuration changes on Third and Fifth avenues, new bike lanes, residential construction, and the ground-floor retail accompanying these projects, it’s going to create a more vibrant neighborhood feel, according to Klocke.
The western part of downtown is dotted with historic buildings like the H.M. Coe House, Westminster Apartments, the Charles Pugh House, and Lofts at Fillmore. Pockets of historic character, mature tree-lined streets, proximity to the Downtown Core, and restaurants like Cibo and The Vig make it attractive for residents.
Vacant lots attract developers.
The gravel-filled swath of land covering 7 acres along Fillmore Street between Fourth and Sixth avenues offers perhaps one of the largest infill opportunities. The proposed project dubbed “The Fillmore” will add 712 apartment units, ground-floor retail, and streetscape improvements over the course of two phases. The first phase is expected to finish in 2020.
The majority of new construction is market rate, but overall, this area offers one of the most diverse mixed-income housing inventories in downtown, with more affordable units on the way.
Native American Connections is in the construction phase of an affordable housing project on Second Avenue between McKinley and Fillmore streets, which is expected to conclude in 2019. It will feature 60 apartment units – bringing the total number of affordable housing units in the area to more than 600.
So what’s driving this growth? In suburban development, the housing subdivisions are built first, and restaurant and retail amenities follow. But the opposite is true for urban development, according to Klocke.
Restaurant and entertainment options like Crescent Ballroom, The Van Buren and State 48 Brewery are helping to invigorate this area, which in turn, catalyzes residential demand.
The momentum took decades to build, largely through efforts by neighborhood groups, historic preservationists and the City of Phoenix. But mixed-use and mixed-income residential density is finally coming to the western part of downtown.