Work starts on Central Station high-rise in Downtown Phoenix

PHOENIX — Medistar Corp., GMH Communities and CBRE Investment Management were joined by Phoenix Mayor Kate Gallego, Vice Mayor Laura Pastor, Councilwoman Yassamin Ansari, and an audience of business and community representatives on Wednesday to celebrate the ceremonial groundbreaking of Central Station, a 1 million-square-foot mixed-use development that will sit adjacent to Civic Space Park and Arizona State University’s Downtown Phoenix Campus.

Designed to merge seamlessly with the existing transit station to create a bustling urban hub, Central Station will establish two residential towers, 30,000 square feet of retail space focusing on food-oriented concepts; 70,000 square feet of state-of-the-art flexible creative office space; and two levels of below-grade parking with 430 spaces.

“Downtown Phoenix is a rising hot spot, and Central Station sets a new standard for transit-oriented development elevating the vibrancy of our city,” said Mayor Gallego. “The care and thoughtful design set a tone for the City’s future. It’s projects like this that are among the reasons more people choose Phoenix as their new home than any other U.S. city.”

One tower, a 22-story student housing building, will be fully furnished and comprised of 655 beds. Fostering a collaborative living environment, the development will be equipped with smart technology, amenities and services designed to meet the unique needs of urban residents.

This component of the Central Station development will feature an array of residential options ranging from micro studios to four-bedroom units, catering to undergraduate and graduate students, as well as young professionals.

The second, a 33-story residential tower, includes 362 units and features smart-tech throughout. All residents will have access to an outdoor amenity deck that includes barbeque grills, fire pits and a resort-style pool.

“At GMH, we have been actively pursuing opportunities to expand our footprint and develop Class-A, smart-tech apartment communities across the country,” said Steve Behrle, Chief Development Officer of GMH. “With Central Station, our plan is to transform Downtown Phoenix, providing students the local workforce with the living accommodations necessary to support their unique live-work-play-learn-thrive lifestyles.”

Central Station, which is slated to open in 2024, will reimagine the city’s primary downtown bus and light rail transit center that serves two million passengers annually.

It will also link to the city’s Civic Space Park in a unified public space for the vibrant heart of Phoenix.

Poised to capitalize on the development’s strategic location, Central Station keys off robust transit ridership and proximity to the urban core of the fifth-largest city in the United States.