Cushman & Wakefield is pleased to present a unique opportunity to purchase a ±27,730 square foot, high-density high-rise multifamily
development site in Phoenix’s dynamic Downtown core. Located in an Opportunity Zone, this rare site is adjacent to the Arizona
Center. Phoenix’s urban revival has transformed its Downtown into a 24-hour live-work-play environment with new residential and
trendy restaurants, coffee houses, and bars. In addition to the Light Rail, the area has been influenced by anchor cultural, educational,
research, sports, and healthcare institutions, including Arizona State University’s 12,200-student downtown campus and the new 1.5
billion dollar Phoenix Biomedical Campus. The result is an unprecedented demand for urban living solutions in Downtown Phoenix.
The opportunity consists of a ±0.637 acre development site currently used as surface parking lot on the southwest corner of 4th Street and
Fillmore Street. This ideally located downtown development site is bound by two streets and provides unlimited residential density up to
a maximum height of 425 feet.
