[Source: Eugene Scott, Arizona Republic] — A San Diego-based developer hopes to bring luxury townhouses, condominiums, and apartments to North Third Street, near Thomas Road. “The plan is to develop a very high-end, five-star retirement living community on that 9-acre piece of land,” said Joe Pinsonneault, developer of Montage Senior Living.
The project would replace the old Mountain Bell Plaza building [designed by noted local architect Al Beadle], which will be torn down, and feature independent living and retirement facilities. Qwest sold the building in 2003. Developers have been working on the 690-unit project for three years and said central Phoenix needs this type of project. It’s aimed at baby boomers hoping to retire in Phoenix. [Note: To read the full article, click here.]