Wood Partners Announces New Phoenix Development
Wood Partners, a national leader in real estate development and acquisition, announced plans today for a new, unique 225-unit community, 3rd and Thomas. Located in Midtown Phoenix, the property will offer convenient access to bustling retail, dining, entertainment and recreation options, as well as to the neighboring Museum District, North Central and Downtown Phoenix areas.
“Strategically set in the heart of Midtown with convenient light rail and freeway access, 3rd and Thomas is centrally located to connect residents to both downtown and the best of what this vibrant neighborhood has to offer,” said Todd Taylor, development director for Wood Partners in Arizona and Nevada. “Phoenix is one of the fastest growing metropolitan areas in the nation, and this property presents an exciting opportunity to create another cutting-edge, walkable community that’s attractive to our target demographic, which includes both young professionals and empty nesters alike.”
3rd and Thomas will also feature extensive community amenities, including an inviting clubhouse and Wi-Fi lounge. A state-of-the-art fitness center, pool and bike paths will provide on-site recreation opportunities, and a sky deck will offer a place to enjoy Phoenix’s signature sunsets. For added convenience, the property is designed to be bike friendly, providing ample bike parking for residents.
“Drawing inspiration from the neighborhood, 3rd and Thomas will create a distinct foundation for community while reflecting the culture of Midtown. Thoughtfully designed units, unparalleled cultural programming and a prime location will aim to enhance our residents’ lives in a very unique fashion, as we’ve successfully achieved in our other projects,” added Taylor.
3rd and Thomas is one of four recent Wood Partners’ developments in the growing region including Alta Tempe, Alta Scottsdale and Alta Steelyard Lofts. Demolition on 3rd and Thomas will begin in the coming days, and groundbreaking is scheduled to occur this December.