Massive CityScape Project in Downtown Phoenix...

$900M CityScape development proposal files with city, from the Phoenix Business Journal, reports that RED Development LLC and Barron Collier Co. filed its development plan with the city of Phoenix for the massive CityScape project in downtown Phoenix at Central Ave., between Washington and Jefferson streets. The project is planned for four buildings nearly 40 stories high with 800,000 square feet of office space, 1,200 residential units, 170,000 square feet of retail, and 150 hotel rooms. The project would take five years to complete. The goal of the project is "to create a new, cohesive urban core for the city that provides day and night activities and uses for residents, tourists and conventioneers," said RED Development Principal Michael Ebert. The first phase of the CityScape project could begin later this year.

http://phoenix.bizjournals.com/phoenix/stories/2006/04/03/daily62.html?t=printable