Orpheum Lofts
Orpheum Lofts: Historic High-Rise Living in Downtown Phoenix 114 W Adams Street, Phoenix, AZ
Year Built: 1931 (Converted to Condominiums in 2005)
Architecture: Historic Art Deco High-Rise
Bedrooms: 1-3
Parking: Limited (Details available upon request)
Amenities:
- Indoor Pool (Located in the basement)
- Fitness Center
- Lounge
- BBQ Area
- Business Center
Description: Orpheum Lofts is a stunning example of Art Deco architecture in the heart of downtown Phoenix. Originally constructed in 1931 as the Phoenix Title and Trust Building, this 11-story historic high-rise was once the largest office building in Arizona. In 2004, it underwent a complete restoration, transforming into modern residential condominiums that opened to residents in 2005.
Art Deco enthusiasts will marvel at the building’s exquisite details, including the decorative black marble walls, intricate black and white tile floors, brass elevator doors, custom glass tiles, and the elegant marble staircase in the lobby. The elevator doors alone are worth a visit, showcasing the craftsmanship of a bygone era. Inside the units, you’ll find exposed red brick walls, original wavy glass windows with brass handles, and exposed ductwork that blend historic charm with modern industrial aesthetics.
One unique feature of Orpheum Lofts is its basement amenities, where you’ll find an indoor pool, fitness center, and business center. These spaces offer a private retreat right within the building, adding to the exclusive living experience.
Parking: Parking at Orpheum Lofts is located next door and has been a point of contention among residents. We encourage prospective buyers or renters to contact us for the latest details on parking availability and solutions.
Market Insight: Due to the high investor activity during its conversion, a significant percentage of units were initially put back on the market. As a result, prices have remained relatively stable since 2005. Currently, around 20% of the units are available for sale or lease, presenting an excellent opportunity for renters to experience luxury living in this historic building.
With ongoing developments and revitalization efforts in Downtown Phoenix, Orpheum Lofts holds potential for future appreciation, especially once parking issues are fully addressed. For now, it’s a prime location to rent and enjoy all that downtown living has to offer.