Proxy333 The 118-unit, six-story project is scheduled to open this summer.

PHOENIX—Another multifamily property is set to rise from the ashes of a decades-old building this summer. Proxy333, located at 333 E. McKinley St., immediately west of the Biomed campus, is being co-developed by Scottsdale’s Tilton Development Company and Seattle-based Goodman Real Estate. While new multifamily projects aren’t unique to this particular market, Proxy333 uniquely pulls inspiration from its foundations and the culture that grew around its original building. The 118-unit, six-story urban infill project is scheduled to open for occupancy this summer.

“We’re proud to be a part of the downtown Phoenix culture,” says Bryan Fasulo, regional property manager with Pinnacle Living, which manages Proxy333. “We are bringing this lot’s historic role as an artistic hub into the 21st century and are excited to share the results. In order to be the best property for our future residents, the Proxy333 team is always out in the community. We recently participated in the Phoenix Pride Parade and anticipate seeing more familiar faces the closer we get to opening our doors.”

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Lisa Brown

Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.

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