Thursday, June 02, 2005

City North - North Phoenix, Arizona

The East Valley Tribune, reports that City North, a 144-acre urban village, is scheduled to be built just east of the Desert Ridge Marketplace in North Phoenix, Arizona.

Thomas J. Klutznick Co. owns the site and will develop the project in two phases. The development will include more than 1 million square feet of retail space, more than 2 million square feet of office space and more than 1 million square feet of residential space. There is also a planned hotel, cultural, civic and entertainment uses. "It's really intended to be similar to what you see in some Midwestern cities where as you walk down the street you see a lot of different uses in proximity to one another," said Steven Rudolph, Klutznick's vice president.

"We're trying to get more of an urban feel here by going multi-level and I think you'll see certainly buildings that are four levels high and we have the rights to do several buildings of eight stories," he said. The first phase will start construction late this year and open in late 2007. Phase one will have 450,000 square feet of retail, 800,000 square feet of office and about 400 housing units. More...

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