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.
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.
The apartments will feature smart technology, and offer services to cater to the needs of the city dwellers.
Another 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.
These flats are aimed at undergraduate and graduate students as well as young professionals. Credit: LUM3N from Pixabay.