Mainstreet Capital Partners, a national firm expanding in downtown Phoenix, has proposed a 30-story mixed-use tower in the Roosevelt Row area. The project will feature 297 apartment units, retail, and restaurant space, along with parking spaces along the Valley Metro light rail line. The development will replace a former auto shop and is part of Mainstreet’s broader investments in the Valley, including boutique apartment units at a Camelback office complex and the LINK creative office complex on 7th Street. The proposed tower’s height and density increase require approval from the Central City Village Planning Committee, potentially impacting other projects in the downtown area. These changes aim to facilitate community benefits and sustainable features in the evolving urban landscape of downtown Phoenix.
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