AZ Opportunity Zone. HURRY! Purchase in the Opportunity Zone in 2019 to Receive the Full 15% Tax Reduction After 7 Years. Zoned DTC-VANB. 614 - 620 West Van Buren is a small development opportunity in theheart of downtown Phoenix in an Opportunity Zone! The property is located right at the intersection of Van Buren, 7th Avenue, and Grand Avenue. The extremely popular entertainment venues, The Van Buren and Crescent Ballroom, are both within walking distance, a little over a block away. Many projects are planned or under construction in the immediate area including X Phoenix (20 stories / 253 units), Duo on FiIllmore (12-14 stories / 220 units), Aspire Fillmore (17 stories / 254 units), Toll Brother at 6th and Van Buren (243 units), and The Fillmore by Trammel Crow (mixed-use development including 692 residential units). The site is also walking distance to the Historic Grand Avenue Arts District, the Stadium District (Chase Field and Talking Stick Resort Arena), and the ASU Downtown Campus. The property enjoys direct access to all areas of the Phoenix Valley by way of the I-10 Freeway and the nearby Light Rail Transit System. The property is in the Van Buren core of Downtown with density allowed up to 218 units per acre and height up to 558 feet.
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|9/4/2019 11:26:00 AM|