Hines Constructing Phoenix Tower Near Suns’ Arena

PHOENIX – (Realty News Report)  – Hines has announced the structural topping out of Adeline, the new residential high-rise community at the Collier Center in downtown Phoenix.

Adeline will feature 75 studio, 179 one-bedroom and 125 two-bedroom residences and will offer views with floor-to-ceiling windows throughout its 25 stories. The building is located at 222. E. Jefferson Street on a 1.46-acre site. 

“We are pleased to be well on our way to completing our next development project in Phoenix, especially one that is setting a new bar for best-in-class residential amenities,” said Robert Trujillo, managing director at Hines.

In downtown Houston, Hines is also building a multifamily tower. The 46-story Houston project, named Brava, will have 373 units. The rental community, 414 Milam, will be Downtown Houston’s tallest residential building.

In Phoenix, preleasing for Adeline will begin this summer with first occupancy expected in the Fall of 2021.

“It’s exciting to see Adeline take its place in the downtown Phoenix skyline and to bring our vision to fruition,” said Chris Anderson, senior managing director at Hines. “With the transformation of the Suns Talking Stick Arena and diversity of amenities in the Collier Center, we’re thrilled to be making incredible progress in delivering a premier luxury residential tower with spectacular amenities in the heart of this great neighborhood.”

The Phoenix tower will also feature large coworking areas to accommodate the new work-from-home environment with breakout areas, personal cubbies and private conference areas. In addition, Adeline will have 4,500 SF of retail or restaurant space on the street level.

Adeline offers an outdoor junior Olympic-size swimming pool, a 2,800-SF fitness center, an indoor great room with private and group seating, and a community kitchen.

Houston-based Hines is a privately owned global real estate investment firm founded in 1957 with a presence in 225 cities in 25 countries. Hines has approximately $144.1 billion of assets under management.

Jan. 27, 2021 Realty News Report Copyright 2021

File: Hines Constructing Phoenix Tower

Photo: Courtesy Hines

File (2) Multifamily. Hines Constructing Phoenix Tower for residential rentals. Downtown. Brava. Phoenix Suns. NBA.

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