I'm currently working with a client who is considering a purchase at Portland Place in downtown Phoenix. The original scope of the project was three mid-rises (6, 10 and 12 stories). Given the current market condition and standing inventory the developer is considering replacing phase 3 (the 12 story mid-rise) with a boutique hotel. This is understandable and I actually think it help bring additional life and businesses to the area. This is obviously a plan that is fluid given the current market conditions but if you would like to know more about what is available at Portland Place. check out: http://www.phoenixurbanliving.com/downtownphoenixmidrise.html. Cheers, M.
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