$ 2,022,510
The
dynamic transformation of Phoenix and the
tremendous growth of the greater metropolitan
area are forever altering the laws of attraction
here in the Valley of the Sun. The appeal of
urban life is increasing with each passing day,
while the commute from the outer reaches of
suburbia continues to grow longer and more
unpleasant than ever.
When complete,
this two-phase mixed-use project will have the
following:
Two
36-story high-rise condominium towers
Each tower
contains 30 stories of residences
Six stories
of garage parking
One
five-story loft-style residential building
located on top of ground level retail and
underground parking
Together,
Cielo Phoenix’s three buildings will encompass
approximately 500 residential condominium units
that will be available for purchase.
The Towers
The high-rise
condominium towers at Cielo Phoenix will offer a
distinctive mixture of residential units.
Studio
floorplans
One-bedroom
floorplans
Two-bedroom
floorplans
Three-bedroom floorplans
Specific
residential unit details include:
Ranging in
size from 570 to 3,000 square feet
Each unit
includes a spacious balcony
The residences
in the towers will be arranged in matrices of
nine, eight or six units per floor, thereby
accommodating residences of different sizes
while also achieving the towers’ signature
“spiral” design.
The Lofts
The five-story
loft building will offer 25 loft-style
residences
Cielo towers to reach for sky at
36 stories
by Catherine
Reagor
The Arizona Republic
(link
to article)
PHOENIX,
Ariz.--November 12, 2006--There are a lot of
high-rise condominium projects planned for
Phoenix's Central Avenue - so many that some
have fallen off the drawing board. But a new
36-story project looks like a go.
Cielo Phoenix
will jut up along Phoenix's skyline at Columbus
Street and Central Avenue. The two towers
planned for the site will be among of the city's
tallest. Phoenix has already given the
developers the nod to build that high. And the
condo project's developers have already snagged
a well-known buyer: Arizona Cardinals
quarterback Matt Leinart.
Cielo's
developers have a track record for building what
they say they will. Los Angeles-based Milbank
Real Estate and partner 4D Development are
currently building a 45-story high-rise on the
Las Vegas Strip. They held a pre-sales event for
their Phoenix project on Thursday night.
Recently,
plans for another condo tower on Central Avenue
were scrapped. Shea Commercial bought the 3030
N. Central Ave. building early this year with
plans to turn it into a residential tower. But
it changed its mind and sold the building to a
Portland, Ore., firm in late October.
Construction
of the first tower of the 500-unit Cielo Phoenix
project is expected to start next summer and be
completed in late 2008, right before light rail
is completed. The train line will run right in
front of the condo towers.
Prices are
supposed to range from $300,000 to $2 million.
No word yet on how much Leinart's new home will
cost.
Sale of state land
It looks like
the two proposals to reform the Arizona State
Land Department went down last week, though some
votes are still being tallied. The state agency
isn't in limbo, though.
A day after
the election, it announced plans to sell 1,011
acres in the Lost Dutchman Heights project on
Dec. 7. That land is part of the expansive
Superstition Vistas area in the far southeast
Valley, the region for which Arizona State
University's Morrison Institute for Public
Policy came up with some grand development plans
in April. For most of those plans to be carried
out, reform of the Land Department was
essential.
Home-listings
confusion
The number of
home listings, or homes for sale, in last week's
column - 53,509 - may have looked high to some.
That figure included homes that were for sale as
well as homes for sale that had an offer
pending.
I used the
bigger figure because it's more comprehensive.
The actual number of homes for sale on Nov. 1
that didn't have a sales contract pending was
46,989.
Desert Showcase
