About Central & Columbus Dev Site
Cushman & Wakefield is pleased to present a unique opportunity to purchase a ±2.0 acre, high density multifamily development site in Phoenix's rapidly transforming Central Corridor. This rare site is located along the Valley Metro Ligh Rail, with a station within walking distance of the property.
Phoenix's urgan revival has transformed the Central Corridor into a 24-hour live-work-play environment with new residential and trendy restaurants, coffee houses and bars. The area has been influenced by anchor cultural, educational, research, sports and healthcare institutions, including Arizona State University's downtown campus and the 1.5 billion dollar Phoenix Biomedical Campus.
The opportunity consists of eight parcels with a combined total of ±86,095 square feet of developable land on the northeast corner of Central Avenue and Columbus Avenue. This transit oriented development site is bound by three streets and provides for intense densities and height.