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Hines to Build 25-Story, 379-Unit MF Complex in Downtown Phoenix

Houston-based Hines plans to build a 25-story, 379-unit luxury multifamily complex in downtown Phoenix. The developer purchased a 1.5-acre site and received zoning approval from the City of Phoenix.

Located near Talking Stick Resort Arena, home of the Phoenix Suns, the development will be the firm’s first multifamily project in the Phoenix area. Construction of the 480,000-square-foot building is expected to commence in the first quarter of 2019, and finish in Q4 2020.

The multifamily complex is expected to have 75 studio, 179 one-bedroom and 125 two-bedroom residences. Plans call for the second floor, overlooking Jefferson Street, to have an outdoor junior Olympic-size swimming pool, a 2,800-square-foot fitness center, indoor great room, private conference areas and a community kitchen.

Hines represented itself in the transaction, and Jim Fijan at Fijan Advisors, LLC, represented the seller.


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About Dennis Kaiser

Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect’s client content operations and is involved in a range of initiatives ranging from content strategy, message development, copywriting, media relations, social media and content marketing services. In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company. In addition to his vast commercial real estate experience, Dennis has worked on communications and launch strategies for a number of residential projects such as Disney’s Celebration in Florida, Ritter Ranch in Palmdale California (7,200 homes, 22,000 acres), WaterColor in Florida and PremierGarage in Phoenix. Dennis’s agency background included firms such as Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, BoyScouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and Thunderbirds Charities.

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