Phoenix Loft Projects As Of 3/1/2006
by Will Daly
courtesy of
www.WeKnowUrban.com
Look for a ton of new hip, cool, edgy
and architecturally interesting loft projects to come to
Phoenix over the next year or more. Three of the more
interesting or more recent ones include:
Portland Place is one of my favorites of the larger
projects coming to Phoenix. It's a three phase, two hundred
unit, condo flat, two story loft, and brownstone flat
project located at the edge of the Phoenix art district,
next to the new Phoenix light rail line, walking distance
from the Phoenix Art Museum and Phoenix Library and a short
drive from downtown Phoenix. The floor plans are great, the
architecture is interesting and I like the location. The
entire project includes three buildings with six, eight and
ten stories to house 184 flats and lofts. Four other
two-story buildings will house sixteen brownstone style
flats (their description). The flats and lofts range from
small 892 square foot studios to large two bedrooms plus den
lofts with 2829 square feet. The brownstone models have two
bedrooms with 1563 square feet. All floor plans come with
just one parking space (ouch) but some additional spaces are
available to purchase. Hopefully with the new Phoenix light
rail line owners will need fewer parking spaces.
A super condo conversion with a retro
feel like that at the newly redone Valley Ho Hotel is coming
to Phoenix near 16th Street and Missouri. The
Palmaire with eighteen one, two and three bedroom condo
flats is just waiting for the Public Report from the City of
Phoenix Planning Department. Prices are not available but
I’m guessing that prices will be from the mid $250 to 350k
range.
Forma is another architectural knockout
with sixteen two-story lofts to be built in a great part of
Phoenix at 3rd Street near Osborn. The owners
hired a Chicago architect with a real flair for the
dramatic. These two and three bedroom lofts will have a
minimum of 2200 square feet and two parking spaces in the
first level secured parking structure. In keeping with true
loft styling each unit will have 19’ 9” ceilings and private
roof decks. Again, no prices yet but I’d guess prices are
going to start in the very high $700k range.
I will keep you posted on future events
concerning these and other Phoenix loft projects. But know
that this is a hot product niche and one worth keeping an
eye on.
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