26 Mar Mapping the Growth of Downtown Phoenix
If you’ve spent any time Downtown recently, you know that Phoenix is booming. This year it ranked 11th on Forbes’ list of fastest-growing cities in America, and is projected to be the fourth largest U.S. city by 2020.
This growth is perhaps most visible in the sheer amount of construction taking place, especially in the housing industry. Last month a Phoenix City Council subcommittee voted to recommend a request for proposals for a mixed-use residential and commercial development just south of Fillmore Street. A couple weeks ago developers broke ground on Union @ Roosevelt, another mixed-use development that will include commercial space at the street level and residences above. Portland on the Park is set to break ground at the end of this month. And last week, 222 E. Roosevelt was demolished to make way for a new residential tower being developed by Baron Properties. We could go on…
Phoenix is at a tipping point, and it has been estimated that more than 2,000 bedrooms will be added to Downtown by 2017. 2,000! This will be a big boost in our density of people. Density is what takes us over the tipping point and will start to draw in many of the major amenities that we are now lacking.
To keep track of all of the new living spaces popping up, we, alongside Dan Newton, Product Manager and Downtown Advocate, created an interactive map of recent and upcoming residential developments. Our goal for doing this was two-fold:Provide a resource to the community to be aware of all major developments in the Downtown (and Midtown) area and show
- Provide a resource to the community to be aware of all major developments in the Downtown (and Midtown) area and show how much is really going on down here
- Show people who are interested in moving Downtown in the next few years what will be on the market for them to purchase or rent
Which developments are you most excited about? Hesitant about? Let us know in the comments below.