26 Mar Mapping the Growth of Downtown Phoenix
If you’ve spent any time Downtown recently, you know that Phoenix is booming. This year it ranked 11th on Forbes’ list of fastest-growing cities in America, and is projected to be the fourth largest U.S. city by 2020.
This growth is perhaps most visible in the sheer amount of construction taking place, especially in the housing industry. Last month a Phoenix City Council subcommittee voted to recommend a request for proposals for a mixed-use residential and commercial development just south of Fillmore Street. A couple weeks ago developers broke ground on Union @ Roosevelt, another mixed-use development that will include commercial space at the street level and residences above. Portland on the Park is set to break ground at the end of this month. And last week, 222 E. Roosevelt was demolished to make way for a new residential tower being developed by Baron Properties. We could go on…
Phoenix is at a tipping point, and it has been estimated that more than 2,000 bedrooms will be added to Downtown by 2017. 2,000! This will be a big boost in our density of people. Density is what takes us over the tipping point and will start to draw in many of the major amenities that we are now lacking.
To keep track of all of the new living spaces popping up, we, alongside Dan Newton, Product Manager and Downtown Advocate, created an interactive map of recent and upcoming residential developments. Our goal for doing this was two-fold:Provide a resource to the community to be aware of all major developments in the Downtown (and Midtown) area and show
- Provide a resource to the community to be aware of all major developments in the Downtown (and Midtown) area and show how much is really going on down here
- Show people who are interested in moving Downtown in the next few years what will be on the market for them to purchase or rent
Check it out below or click here to go to the full size map:
Future Downtown Phoenix Residences
Which developments are you most excited about? Hesitant about? Let us know in the comments below.
Brett
Posted at 15:04h, 26 MarchIt simply isn’t possible for Phoenix to be the fourth largest city in the U.S. by 2020. The article itself states that Phoenix is projected by the U.S. Census to have a population of 2.2 million by 2030. Houston, the current fourth largest, already has that many people and is growing. The assumption must be that Chicago will lose enough population that Phoenix would take the fourth spot. But that is VERY unlikely to happen, with Chicago’s population currently at about 2.7 million, about the same as it was five years ago. I’m a big supporter of growth in Phoenix, but we have to be realistic here. Otherwise, good article.
Chloe Brooks
Posted at 19:09h, 27 MarchHi Brett,
Thanks for the comment. According to Forbes, Phoenix is expected to grow by 2.13 percent this year. If it continues to grow at exactly that same rate for the next 15 years until 2030, our population will reach 2.2 million. But if that rate speeds up — and judging by all of the factors we talked about in the above article and this one, it very well could — then we could be in the running for the number-four spot.
We would love to hear from our readers what effect they think this growth will have on them and their city. Visit our Get Involved page to share your ideas.
Thank you for reading!
Steve
Posted at 19:14h, 30 MarchHi. I have to agree with Brett above re: rankings of cities in 2020 by forecast population. Great website though.
Keep up the good work.
Steve
Posted at 19:55h, 30 MarchPS – Is “Illuminate” the name of the Baron Properties project that resulted in the demolition of the Greenhaus building/DeGrazia mural (222 E Roosevelt)? If so, i’m not sure i would describe it as a “tower.” Also, the address/map pin can’t possibly be correct for this project. : )
Ryan Tempest
Posted at 19:58h, 30 MarchThank you, we’ve corrected the pin location.