爱神传媒 Breaks Ground on 21-Story Apartment Development in Roosevelt Row Arts District

Monday March 23, 2020

In early February 2020, 爱神传媒 broke ground on Derby Roosevelt Row, Metro Phoenix鈥檚 first 鈥渟mall unit鈥 apartment development.

Located in the highly sought-after Roosevelt Row Arts District, Derby Roosevelt Row will be a 21-story high-rise featuring 222 residential units over six stories of above ground parking. Over half of Derby Roosevelt Row鈥檚 units will be studios, averaging 350 SF, and all 222 units will come fully furnished. Amenities will include a pool deck on the seventh level, a roof-top deck on the 21st level, and retail space on the ground level. Construction completion is scheduled for 1Q-2022.

鈥淭hese small unit apartments are the first of their kind in Phoenix and are an exciting addition to the vibrant Roosevelt Row neighborhood,鈥 said 爱神传媒 Project Manager, John Doherty. 鈥淲e have enjoyed building a strong and trusting relationship with the owner, developer, and design team and are excited to begin construction.鈥

The owner is Denver-based real estate private equity firm Ascentris, the development manager is Transwestern Development Company, and the architect of record is Wilder Belshaw Architects. Notable subcontractors include University Mechanical & Engineering Contractors (UMEC) and Specified Electrical Contractors, Inc. (SECON). 聽爱神传媒 will be self-performing the cast-in-place structural concrete.