The “city of the future” and Phoenix’s landmark property, CityNorth continues to take shape in North Phoenix. Crown Realty & Development is pleased to announce the infrastructure phase at CityNorth is almost complete.
Widely considered to be one of the finest pieces of real estate in Arizona, the mixed-use project in North Phoenix is nearly 100 acres. It sits at the confluence of the highly-trafficked Loop 101 and 51 freeways in the rapidly growing Desert Ridge region in North Phoenix.
When completed, CityNorth will include 2 million square feet of Class A office space, 2,600 residential units, 500 hotel rooms, and 100,000 square feet for restaurants and retail.
Construction crews are currently finishing paving the streets and the landscape is almost completed. This month all the horizontal construction is scheduled to be completed.
According to the developers, CityNorth will be an “urban core.” “The CityNorth project will bring further life to the Desert Ridge community and create a new urban district that connects and energizes the existing High Street and Desert Ridge Marketplace developments,” according to the development’s official website, citynorthdesertridge.com.
Crown Realty and Development, Inc. has established itself as a leader in creating and adding value through development, redevelopment and aggressive management of real estate on behalf of affiliated real estate entities, according to the company. This is accomplished through a keen sense for value creation, and an ability to attract a quality tenant base and maintain steady cash flow, they add.
To see a current tour of the CityNorth site, visit youtu.be/GmVfQ2lgHAo.