Concord Eastridge recently bought up eight properties in Phoenix, Arizona with the intent of building a multi-million dollar apartment and mixed-use project called Roosevelt Gateway.
According to a spokesperson from Concord Eastridge, the developer is planning on constructing two mid-rise buildings which will feature 270 apartments, a four-level parking garage, and a few ground-level mixed-use spaces.
Construction is expected to take place over the next two years. The grand opening scheduled for 2013.
It will be the first time in more than a decade that the properties have been occupied by a permanent structure according to https://blogs.phoenixnewtimes.com/jackalope/2011/04/real_estate_developer_concord.php .
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