Cushman & Wakefield is pleased to present a unique opportunity to obtain a ±4.10 net acre multifamily development site located at CityNorth within the Desert Ridge Master Plan, adjacent to High Street and Desert Ridge Marketplace, at the northwest corner of 56th Street and the 101 Freeway, in Phoenix, Arizona, known as CityNorth.
CityNorth is currently walkable to over 50 restaurant concepts, and is planned to include over 2 million square feet of corporate office and 1,000 hotel rooms.
Service completion at the infrastructure and start of the Sunela apartments, (The Phase 1 Multifamily development), multiple groups have committed projects-including (The Phase 2 Multifamily development), 3 restaurants, 2 hotels, Republic Services, 240,000 square foot headquartered with more in negotiations.
Desert Ridge currently includes 20,000 existing homes, 3,000 additional homes under construction, 4,000 existing luxury multifamily units, 1,163 units currently under construction, resorts, restaurants and entertainment. Desert Ridge caters to over 1,317,898 daytime employees and 1,994,009 residents within a 30-minute drive time. The CityNorth office development will provide over 3,000 new jobs to the community.
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