Construction starts on 30-story apartment building in downtown Phoenix
Construction has started on a 30-story apartment tower called the Link Phx that will add to downtown Phoenix’s growing skyline.
The high-rise, going up on the northeast corner of Third and Pierce streets, will bring 257 apartments and 7,000 square feet of retail space to the area in August 2019.
Link Phx is one of several apartment or condominium towers planned or under construction in downtown Phoenix, including a 31-story residential tower on the Arizona Center's grassy lawn just a block away.
“The Link Phx will address the demand for rental residences that has been fueled by the influx of students to downtown Phoenix,” said JJ Smith, principal of Chicago-based CA Ventures, which is developing the project with Diamond Realty Investments, Mitsubishi Corp.’s real-estate division.
He said public and private investment and infrastructure projects such as light rail continue to "bring a new generation of young professionals to the downtown area."