Phoenix Business Journal (Corina Vanek):
One of the central blocks in downtown Phoenix could be transformed into a mixed-use development with two high-rise towers.
The city of Phoenix selected a proposal submitted by Electric Red Ventures LLC, a company owned by Houston-based Medistar Corp., for redevelopment of the Central Station transit depot.
The 2.6-acre site is bounded by First Avenue to the west, Central Avenue to the east, Polk Street to the north and Van Buren Street to the south. Developments submitted to the city were required to incorporate the two light rail stops and bus station on the parcel into the design.
Read the full article at: https://www.bizjournals.com/phoenix/news/2018/10/14/high-rise-mixed-use-project-proposed-for-downtown.html
