The one-acre site at 325 N. Third Ave. originally was going toboast two high-rise towers with 500 units when the developersbought the land abou 1.5 years ago. But, Cal DeSouza, partner withBelleview Communities of Scottsdale, says the condo market crashtook the wind out of that idea.
"We pulled the plans back and decided to retool," DeSouza says."It's definitely a challenging market for condos and we want to doit right."
Doing it right means scaling back to six stories and building asales center on the site, which will open in late summer. DeSouzasays building the center allows potential buyers to come in andtake a look at the units, which will range from 625 sf to 1,200sf.
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