A joint venture of Medistar, GMH Communities, and CBRE Investment Management has broken ground of Central Station, a mixed-use complex project in downtown Phoenix, US.
This 1 million ft2 mixed use project will be situated adjacent to Civic Space Park and Arizona State University’s Downtown Phoenix Campus.
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It will feature two residential buildings, 30,000ft2 of retail space, 70,000ft2 of office space, and two levels of underground parking.
Of the two buildings, one is a 22-storied student housing tower that will be completely equipped and feature 655 beds, varying from micro studios to four-bedroom flats.
These flats are aimed at undergraduate and graduate students as well as young professionals.
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The apartments will feature smart technology, and offer services to cater to the needs of the city dwellers.
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By GlobalDataAnother is a 33-storied residential building with 362 units and smart-tech facilities.
An outdoor amenity deck with BBQ grills, fire pits, and a resort-style pool will be accessible to all the residents.
The project, which is scheduled to open in late 2024, is a public-private collaboration, in which the City of Phoenix owns the site, while the development partners have signed a long-term lease.
Gould Evans is serving as the project designer, and Layton Construction is appointed as the general contractor for the project.
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These flats are aimed at undergraduate and graduate students as well as young professionals. Credit: LUM3N from Pixabay.
