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Working just three blocks apart in Phoenix’s burgeoning downtown Central Avenue corridor, Layton Construction Co. teams are simultaneously completing two high-rise projects that will collectively add almost 2.5 million sq ft of mixed-use residential, student housing, office and retail space.
Chicago company buys U.S. Bank property on Broadway, preps for mixed-used project
Also: Pre-sales begin for Germantown residential development; Midtown site prepped for tower
Before the COVID-19 pandemic hit, downtown Chicago was in the midst of a building boom that local officials say was notable for what it didn’t include: minority-owned development firms. “There were 61 cranes in the sky, and each crane represented a project worth up to hundreds of millions of dollars,” said Leon Walker, managing partner of developer DL3 Realty. “It was a point of pride for the ...
Also: Planned Midtown development at U.S. Banks site sees progress