Micro-Unit Apartments Possible in Downtown Phoenix

Transwestern Commercial Real Estate is mulling development of a micro-unit apartment development in Downtown Phoenix, though for the moment the company has no comment about it.

The property would include about 210 units averaging 400 SF each near McKinley and Second streets (pictured is a micro-unit in Paris to illustrate the concept), reports the Phoenix Business Journal. At that size, the units would be roughly half the average size of many one-bedroom apartments in Phoenix.

The project would be on a vacant site near Angel's Trumpet Ale House. [PBJ]

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Phoenix Newsletters
Related Stories

With Occupancy Brimming, Investors Pile Into Bay Area Apartments

FBI Drops Investigation Into Financially Troubled StoryBuilt

GTIS Partners Rebrands As Brightshore Capital, Launches $250M Debt Platform

Dublin BTR Had A €1B Summer

Navigating The Phoenix Student Housing Boom At Bisnow's Event On Sept. 29

Sales Of Lower-End Apartments Surge In Philly As Landlords Face Financial Issues

Wu Proposes Tax Breaks To Jump-Start Stalled Housing Projects

Developer Seeks Permit For Denver Energy Center Conversion Project

Airbnb Launches $250M Fund To Invest In Affordable Housing

DFW Multifamily Distress Creates Opening For Investors As Development Slows

Security Tech Firm Plans Loudoun HQ Move: The D.C. Deal Sheet

Prolific South Florida Developer Nick Rojo Dies At 44