real estate

Central Station Phoenix Groundbreaking

April 13, 2022 – Medistar Corporation, GMH Communities, CBRE Investment Management, City of Phoenix, Gould Evans and Layton Construction were joined by Phoenix Mayor Kate Gallego, Vice Mayor Laura Pastor, Councilwoman Yassamin Ansari and Chris Mackay with City of Phoenix and an audience of business and community representatives to celebrate the groundbreaking of Central Station. Highlights of the event are available on the video.

Central Station is a one-million-square-foot mixed-use development adjacent to Civic Space Park and Arizona State University’s Downtown Phoenix Campus. The project includes a 21-story student housing building, a 32-story residential tower with 362 units, 30,000 square feet of retail, 70,000 square feet of creative office space and two levels of below-grade parking with 430 spaces.

Central Station which is scheduled to open in late 2024, will reimagine the city’s primary downtown bus and light rail transit center that serves two million passengers annually. It will link the city’s Civic Space Park in a unified public spaceĀ  for the vibrant heart of Phoenix.

Central Station is a public-private partnership (P3) with the city of Phoenix retaining ownership of the land and the development partners entering into a long-term lease. The project was designed by Gould Evans, and Layton Construction will be the general contractor.