Downtown apartment tower to incorporate a 75-year-old building. Here are the details on the $184M project

Atlanta-based developer Hatteras Sky is building its first Phoenix project, a 23-story apartment tower near First Avenue and McKinley Street.

A luxury apartment complex beginning construction in downtown Phoenix will incorporate a 75-year-old former medical office building on the site.

The $184 million project will include 389 units, and is named “Saiya,” a Hindi name meaning “shadow,” the developer said.Oz Friedmann, principal and managing director for Hatteras Sky, said the company focuses on urban infill projects. The downtown Phoenix site was especially attractive because of the preservation and adaptive reuse opportunity of the building on the site, originally called the McKinley Club.

The McKinley Club was built in 1947 as a medical center for Drs. H.D. Ketcherside and Joseph Bank, and six other physicians, according to city documents. Restaurant owners and operators want to see progress on a development before leasing space, Friedmann said, but the company is hoping to attract businesses that will complement what already exists in the Roosevelt Row Arts District.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

azcentral /  🏆 585. in US

Australia Latest News, Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Man pushing walker robbed of $13 at knifepoint in BronxThe suspect donned a maroon Adidas sweatsuit as he stalked the 69-year-old victim in the lobby of a Hunts Point apartment building.
Read more »

Three more arrests announced in case of Sophia Mason; new details of girl’s death emergeMerced police also gave new details about the 8-year-old Hayward girl’s death.
Read more »

Spielberg Shares an Emotional, Complex Self-Portrait In 'The Fabelmans'''The Fabelmans' is so summative of the filmmaker’s memories and motivation that it almost feels like a goodbye.' Our review of Steven Spielberg's cine-memoir from its premiere in Toronto.
Read more »

‘Quest Pro’ video shows Meta’s next VR headset a month before its launch event‘Quest Pro’ pictures (and now a video) show Meta’s next VR headset
Read more »

XRP Can Now Be Burned via Bitcoin Payment App on XRPL, Here Is HowThis is how XRP can now be burned via XRPL-built Bitcoin payment app btc xrparmy xrpsec bitcoinlightning xrpl xrpcommunity $btc $xrp
Read more »