Plans are now underway for the construction of a 350-unit upscale apartment complex in downtown Phoenix.
The project, to be developed by CRG, which is a subsidiary of the development company Clayco and based in Phoenix, will go up on a half-acre property at 14 E. Pierce Street in a part of the city dominated by multi-story apartment complexes and one-story retail structures.
The site is a familiar one to many Phoenix residents as the home to the popular Phoenix Public Market Café. Originally the one-story structure at the site was a store for the Phoenix Shade & Linoleum Company called The Blind Man.
In order to make way for the new development, that building, and two other nearby structures, were recently demolished. Attempts on the part of the City of Phoenix to save the café building, which was built in 1946, proved unsuccessful.
CRG, with offices across the country, specializes in office and apartment multi-level projects. It has to date built more than 210 million square feet of commercial and residential properties, with a total dollar value of $13 billion.
By Garry Boulard