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28-Story PALMtower is Underway in Downtown Phoenix

Design-build firm Clayco recently started construction of PALMtower, a new 28-story residential tower in downtown Phoenix. The structure is scheduled for completion in early 2024.

The 481,980-square-foot building is landlocked on all sides in one of downtown’s most constrained sites.

It is owned by North American Development Group and designed by Will Bruder Architects in collaboration with LJC.

Located at 440 East Van Buren St., the building will contain 352 apartment units and a 17,500-square-foot seventh floor amenity level with an outdoor pool and common space as well as six floors of above-ground parking with 370 spaces with 120 spots for bike parking.

“We are honored to help transform Phoenix’s downtown residential market with a Will Bruder-designed high-rise,” said Eric Jaegers, Clayco executive. “Together with North American Development Group, we will successfully deliver this highly anticipated project to the Phoenix community as quickly, safely and efficiently as possible.”


Inside The Story

Eric Jaegers

About Lisa Brown

Lisa Brown has decades of experience in corporate communications and marketing management with organizations including Coldwell Banker Residential, Grubb & Ellis, Marcus & Millichap, NAIOP, SIOR and ALM. In those positions, she worked in conjunction with chief executive officers and chief marketing officers to create corporate messaging, cohesive branding standards, strategic marketing plans and thought pieces. Brown is a frequent speaker at industry events and an editing adjunct professor for an online course. She has a master’s degree in mass communications from San Jose State University.

  • ◦Development