CONSTRUCTION BLAZES FORWARD ON $40M EDISON MIDTOWN
Mid-rise condominium by Deco Communities bringing 110 contemporary residences to the Light Rail corridor by spring 2017
Edison Midtown, the much anticipated new Midtown Phoenix condominium tower by Scottsdale-based developer Deco Communities is blazing ahead with construction to meet the growing demand from all over the Valley for new for-sale residential in Midtown Phoenix. With dozens of buyers already lined up to move in, the project is on track for an early spring 2017 completion.
“There is an incredible burst of energy happening in the Midtown neighborhood right now,” said Rob Lyles, principal for Deco Communities, the developer of Edison Midtown. “We are not only seeing urban migration with buyers wanting to move out of the suburbs and into the city, but we are also experiencing demand from existing neighborhood residents who have been waiting for new condominium housing to be built before making their move, which for many will be just down the street. Midtown is one of the most up-and-coming neighborhoods in Phoenix right now, and the infusion of new for-sale residential in the area is attracting buyers from all over the Valley,” he said.
On the heels of major downtown and Central Phoenix developments , including the expansion of the Convention Center, ASU Downtown, a potential new sports and entertainment complex currently in the works and a number of high-profile corporations relocating their headquarters to the area, residential developers like Deco Communities have focused their efforts to take the residential offerings in Midtown to the next level.
“We have seen a major culture shift in the number of Valley homebuyers who want an urban lifestyle, said Keith Mishkin, Designated Broker with Cambridge Properties, the agent of record for Edison Midtown. “Edison Midtown delivers the city energy buyers want, the convenience of being adjacent to the Light Rail and walking distance from many of the area’s cultural hotspots and building features amenities that are practical when making the move from a suburban property to a center-of-all urban residence,” he said.
Edison Midtown. Photo courtesy of Deco Communities
Fueled by imagination and innovation, Edison Midtown includes 110 residential units with stunning views of the horizon and city lights. The seven-story structure will include five residential floors and two above-grade parking floors on 1.2 acres.
The units range from 800-1,300 SF with every luxury, comfort, technology, and convenience considered.
Each residence will boast designer European-style kitchens with gas appliances, 10-foot ceilings, designer fixtures and hardware, glass showers, spacious walk-in closets, wood floors and large balconies perfect for entertaining and soaking in the breathtaking city views.
Four basic residence types with alternatives include:
· One-bedroom, one-and one-half-bath unit with central balcony.
· Two-bedroom, two-bath unit with central balcony.
· Two-bedroom, two-bath plus den unit with corner balcony.
· Two-bedroom, two-bath plus den unit with central balcony.
The building is designed to be a dynamic urban community; a place that fosters socializing and sharing that integrates seamlessly with Midtown’s vibrant city life. Austin, Texas-based interior design firm SixthRiver will style the interiors with a pulse fusing trendy, classic and cool, drawing inspiration from illustrious hangouts such as the Ace Hotel brand, Downtown Phoenix’s unique urban culture, and Frank Lloyd Wright’s early designs.
With it’s close proximity to the Light Rail and just steps away from the Osborn/Central Light Rail station, Edison Midtown residents can take advantage of the convenience of Phoenix’s best urban transportation, or bike the city with ease.
Edison Midtown will be a hub of activity with an array of social amenities including urban courtyard, pool and spa, state-of-the-art fitness center, Wi-Fi common areas, electric car-charging stations and more. The ultimate urban sanctuary, Edison Midtown will afford residents a superior live, work, and play lifestyle at the center of the thriving Midtown Phoenix corridor.
Nearby destinations include the Phoenix Art Museum, Pane Bianco, Frances, Clever Koi, Hula’s Modern Tiki, US Airways Center, Crescent Ballroom, Durant’s, the Phoenix Symphony, the National Audobon Society, and more.
The Edison Midtown Sales Center is located at 46 E. Monterey Dr., adjacent to the site and is open daily. To learn more about Edison Midtown and request a VIP tour visit www.liveatedison.com or contact info@liveatedison.com. Sales by Cambridge Properties, Designated Broker.
