Concord Eastridge Purchases Vacant Lots Along Roosevelt Street for High-End Apartments

apts arizona: berriesAs a follow up to my article on AZ for rent I found this and wanted to link to it.

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 .

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