October 17, 2008 – 6:20 pm
Saturday’s high rise and loft condo tour was scheduled to visit Astragal, among other properties. But instead, we just made arrangements to visit CityNorth. CityNorth is a gigantic mixed use community at 56th Street just north of the 101 (just south and east of Desert Ridge). It’s going to have a similar feel to Kierland Commons but a lot bigger.
They’re holding a grand opening event in a couple weeks but we get a chance to check it out tomorrow. If you join us be sure to wear long pants and closed toe shoes as there’s a good chance that we will get a “hard hat” tour of the condominiums. Yeah!!!
October 1, 2008 – 10:26 pm
The much awaited project CityNorth, which is planning a “Hollywood Style” opening in November just announced a portion of the existing residential condominiums in Phase I will become rentals. Phase I includes several shops and restaurants, in addition to the 99 residential units.
The multi-billion dollar mixed-use development is nearing completion of its first phase in North Phoenix, just north of the Loop 101 and west of 56th Street. The developers also announced this week that Pioneer Stores USA, the electronic giant will open its 2nd U.S. store at CityCenter of CityNorth. The remaining phases will include hotels, major retail, offices and more residential condos with a 8+ year build-out. A majority of the retail, which includes a Nordstrom, Macy’s and Arizona’s first Bloomingdale’s, will break ground next year and open in late 2010. Also part of the North Phoenix/Scottsdale raw land corridor, CityNorth is the first to open between its rivals to the east, Palisene and One Scottsdale.
Out of the current 99 condominiums, 60 of them will be initially available for lease, while the remaining 39 units are still for sale, starting at $465,000 up to more than $1 million. The rentals will virtually offer the same package of amenities that a buyer would get, but renters will sign either a six, nine or 12-month lease instead of a deed. Renters can expect to pay around $2 per square foot per month, according to the developer. Analysts believe that number is high for this market, where the 750 SF, one bedroom apartment would rent for $1,500 per month.
Check out their website for more info: citynorthaz.com
August 29, 2008 – 8:25 am
The much acclaimed and sometimes controversial project, CityNorth, has big plans for their grand opening of Phase I in November. The developer of the 144 acre mixed-use project, Thomas J. Klutznick Co. and Related Urban hired a Hollywood, CA based company, Sequoia Productions to manage the opening. Sequoia Productions has an very impressive resume, running the famed Academy Awards Governors Ball for the past 16 years and the Primetime Emmy Awards Creative Arts & Governors Ball for the past eight.
Phase I, which is set to open on November 13, will consist of 99 residential condominiums, 46 boutique shops and restaurants, and an unknown number of office tenants totaling nearly 1 million square feet. This combination of uses will create a dynamic urban living environment for residents within and nearby. Some of the unique retailers you can expect to see open in November are: Alessi, D&G Designs, Green Bone Bakery, Haus, King and Duck, and Little Artika. Three new-to-market restaurants are also coming: 25 Degrees, a Hollywood based burger joint, Blue Martini, a live entertainment venue in addition to a tapas and wine bar, and Ocean Prime, an offspring from celebrity chef Cameron Mitchell.
Unfortunately, construction on Phase II of CityNorth, which is proposed to include major retailers such as Macys, Nordstrom’s and the first Bloomingdales for Arizona has been pushed back a year with a 2010 opening.
Five top-flight restaurants have been announced for High Street, the initial phase of CityNorth located at Loop 101 and 56th Street in Northeast Phoenix.
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PHOENIX, May 16 PRNewswire — Related Companies and Thomas J. Klutznick Company today announced the signing of five top-flight restaurants for the High Street District initial phase of CityNorth, the Klutznick company’s 144 acre mixed-used development taking shape in Phoenix’s Northeast Valley.
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John Klutznick does not like to use the word "exclusive," but his company’s new development in northeast Phoenix can hardly be expected to be anything but.
CityNorth, as the new development is called, is beginning to be built on 144 acres north of Loop 101 and west of 56th Street. It will adjoin Desert Ridge Marketplace.
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John Klutznick does not like to use the word "exclusive," but his company’s new development in northeast Phoenix can hardly be expected to be anything but.
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March 23, 2007 – 12:00 am
To look at the conceptual images of CityNorth and other planned retail centers in the Northeast Valley it’s clear that developers are trying to out-Kierland, Kierland Commons.
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March 11, 2007 – 12:21 am
PHOENIX — The City Council has approved a deal to pay nearly $100 million to ensure shoppers, office workers and public-transit patrons have a place to park at the planned $2 billion CityNorth luxury development.
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February 17, 2007 – 8:59 pm
PHOENIX (AP) – A proposed agreement between the city of Phoenix and a developer that would give the firm nearly $100 million in sales tax rebates has caught the attention of state legislators who oppose such deals as giveaways.
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