Talk with an agent

480-510-8755

One Lexington

1 E Lexington Avenue in Phoenix

Will Daly
480-510-8755
  • Quick Look
  • Description
  • View Map
Year Built:
2008
Architecture:
Modern High Rise
Bedrooms:
1-3
Parking:
secured above ground garage
HOA Name:
AAM
HOA Fees:
.53+/- sqft/mo
Additional Features:
secure access, heated pool, spa, fitness center, resident club room, on-site concierge, pet-run, SUPER access to light rail

Phoenix High Rise Condos: One Lexington (formerly known as Century Plaza) is a new build seventeen story modern luxury high rise residential condo development in the heart of Phoenix Midtown. It's located on Central Avenue just one building south of Osborn Road. The light rail stop at Osborn Road is truly right outside the front door, making downtown Phoenix and Tempe very accessible to One Lexington / Century Plaza owners and renters.

One Lexington / Century Plaza was originally a high rise office tower built in 1974, and an ugly one at that. In 2005 Equus development stripped and gutted and converted it into high rise condominiums. Unfortunately about half way through the construction or conversion of the building Equus decided to add penthouse condos to the roof which required massive changes (e.g. moving water chillers from the roof to the ground and extending the passenger elevators beyond the roof level) and ultimately delayed delivery of the condos to market by at least an additional year, well into the real estate bust. With the bust came wholesale cancellation (or non-performance) on purchase contracts resulting in all but approximately 15 buyers "dropping out" and leaving the developer holding the bag. Ultimately Equus went under and the construction lender, M&I Bank, sold the remaining 130 condos to a Canadian Company called Macdonald Development Corporation for an undisclosed amount. It is our understanding that the original loan amount was for approximately $70M, was written down to $39.9M by M±I, which later attempted to find a buyer for $20M plus. It will be interesting to learn how much Macdonald ultimately paid.

On February 8, 2010, MacDonald renamed Century Plaza, One Lexington with, we assume, the intention of restarting sales shortly thereafter.

Floor plans range from 734 square foot one bedroom flats to large 2600 square foot luxury penthouses. The developers did a nice job with the floor plans in that they are open and flow well. Most bedrooms are a good useable size, closet space in most floor plans is good, the standard interior finishes are pretty decent, and eight foot interior doors add to the spacious feel. Also, the ceiling heights are almost eleven feet and have exposed conduit and duct work to give that loft condo feel. The tower is skinned with beautiful new aqua colored glass and aluminum colored frames for a very unique and fresh look and every condo has it's own balcony with tremendous views (more on that later). We like the style a lot. NOTE: I really wish they had painted the interior ceilings and ductwork white or off-white or light gray vs the dark brown they used. A lighter color would make the ceilings seem even higher and won't show dust as much. See the ceilings in the fitness center to get an idea of what I'm talking about.

One Lexington / Century Plaza amenities include a large fitness center that is actually useable (so many buildings today offer no more than a few mediocre machines; just enough to advertise "fitness center"), a really wonderful large swimming pool, a beautiful lobby and main entrance, retail on the first floor, public parking on the ground level with secure resident parking on the second, third and fourth floors with a private secure resident pedestrian entrance at the second floor of the high rise tower, a high tech retinal scanner security system, concierge, and a central hot water system for the condos.

THE VIEWS!

Because the building was originally constructed thirty years ago it has less of a "set-back" meaning that it sits closer to Central Avenue than all the newer buildings in the area. So what right? Well, because the building sits closer to Central Avenue you get phenominal views up and down Central Avenue; you're not looking into other buildings because they are set back further from the street. There's no way to fully explain this with words, so you got to go check it out. But really it almost feels like you're floating above Central Avenue looking right up and down the street. I know Phoenix is tiny compared to big vertical cities like Chicago and New York but when you're standing on an upper floor looking north or south along Central Avenue it really seems like you're in a much more dense vertical city. Anyway, check out some of our photos to the right and then give us a call and we'll give you the grand tour.

ARCHIVE: Century Plaza has sure had it's share of construction delays. If we remember right Sales had told people to expect delivery in late 2006 but as of June 2008 it still is not finished. Best guestimates now are that upper floor condos will be delivered to their new owners within another thirty days or less.

Hooray! Here are active listings

For Sale
Unit 1602
SHARE

One Lexington

Truly incredible Penthouse condo on the 16th and 17th floors and Southeast corner of One Lexington. Soaring 20 foot ceilings with unmatched views of the Phoenix Mountain Preserve, Camelback Mountain and across the whole Valley. Walls of glass retract on both sides of the living room opening the indoor living to a huge nearly 900 sf wrap around deck. Master suites on both the main and upper levels of the home along with a fantastic media room/loft on the upper level. Fantastic modern finishes and details throughout the home. This home has 4 reserved parking spaces and access to all of the fantastic One Lexington amenities including a large fitness center, pool and spa areas. Located just across the street from the redeveloping Park Central, new Creighton Medical School and so much more!
$1,295,000
2 Bed 2.5 Bath 4 Garage
For Sale
Unit 1603
SHARE

One Lexington

UNICORN ALERT! Absolutely, without argument, the NE corner is the most sought after views of the One Lexington building. This is the penthouse, and it lives up to penthouse standards! Stepping off the elevator, you know you are on the PH level: opulent wall decor, lavish carpets and lighting set the tone for this apartment home in the sky. Walk inside and prepared to be wowed! Soaring ceilings with floor to ceiling glass framing the views that artists have captured for years and it is your everyday view! 2 large bedrooms, en-suite, of course, large loft style office upstairs, stunning kitchen, all with the most amazing views. Fold those glass doors back and welcome the enormous wrap around balcony into your home. Absolutely stunning, a true PH in Phx!
$1,250,000
2 Bed 2.5 Bath 4 Garage
For Sale
Unit 311
SHARE

One Lexington

High Rise Living with City Views! This 2 Bedroom, 2 bath includes 2 parking spots in the secured garage. This split floor plan includes a spacious kitchen, large master bathroom and walk in closet. This South facing residence has excellent views of the Pool and City Lights. The HOA includes the cost of providing cold air to the building, electric bill averages less than $80/mo. Concrete and steel construction offering excellent sound abatement and elevators to all floors. Located on a rail stop, community amenities include secured staff managed entrance, heated pool, spa, fitness center, community gas grills and an elegant community lounge that can be booked for private parties.
$399,900
2 Bed 2 Bath 2 Garage
For Sale
Unit 1407
SHARE

One Lexington

Amazing opportunity to live in a high-rise in Downtown Phoenix! Beautiful floor plan w/ incredible northern views, a fully equipped kitchen, and a fantastic living room. This apartment comes with 2 assigned parking spots. There's a gorgeous balcony where you can enjoy your favorite beverage while enjoying the views. Excellent amenities include security, concierge, huge heated pool, hot tub, lushly landscaped grounds, dog run, fitness center, and much more. Look no further and book a private showing now!
$325,000
1 Bed 1 Bath 0 Garage
For Sale
Unit 1203
SHARE

One Lexington

Super rare opportunity to own the most beautiful condo in the best mid-town building in Phoenix. This 12th story corner condo faces South and East. Floor to ceiling windows on every exterior wall offer panoramic views of downtown as well as the natural landmarks of Camelback mountain and Piestewa peak. Recent $150k upgrades include new paint, designer slate flooring throughout, backlit marble sculpture, marble shower walls, upgraded plumbing fixtures and upgraded lighting, Solid concrete and steel construction. Way too many amenities to list including full time concierge. Two covered parking spaces included with ample visitor parking. Large resort style heated pool and jacuzzi with cabanas and barbeque area great for entertaining. Light rail just steps from the building.. Pet friendly!
$589,000
2 Bed 2 Bath 2 Garage
6 Month Sales History
$270,000 – $1,925,000
6 Month HOA History
$455 – $1,853
Walkability Rating

Email me new condo listings for One Lexington