Phoenix Towers
2201 N Central Avenue, Phoenix
Year Built: 1950s; Updated 2013
Architecture: High Rise
Bedrooms: 1-3
Parking: Underground
HOA Name: Self-Managed
Additional Features:
- Co-Op (financing available)
- Monthly fee includes: Air Conditioning/Heating, Electricity, Cable
- Heated Pool
- On-Site Management
- 24-Hour Door/Security Person
- Garden Area
- Storage
- Rooftop Party Room
- Rooftop Observation Patio
- Rooftop Caterer’s Kitchen
- Refurbishment Fees Apply
Overview:
Phoenix Towers Cooperative Apartments is a historic 13-story high-rise, originally built in 1957 as Arizona’s first residential high-rise. Located just south of the Heard Museum, the building sits on land that was once the residence of Dwight and Maie Heard, founders of the museum. Designed by Chicago architect Ralph C. Harris and constructed by Del Webb’s company, it features a distinctive Modernist design.
Building & Design:
- The building underwent significant renovations in 2013, including new dual-pane windows, updated HVAC systems, new roof, and a complete overhaul of the pool and common areas.
- The high-rise houses 57 residences, down from the original 60 due to some units being combined.
- Floor plans range from 1,210 to 2,357 sq. ft., with varied interior finishes as many units have been remodeled.
- Each apartment includes two side-by-side parking spaces and a storage area.
Ownership Structure:
- Phoenix Towers operates as a cooperative, where residents own shares in the corporation rather than individual units. This grants them a 99-year lease for their apartment.
- Monthly fees cover maintenance, operations, taxes, and utilities, including basic cable.
Renovations & Amenities:
- Recent renovations include a new roof, updated pool area, and improved landscaping.
- The rooftop terrace offers fantastic views and modern amenities.
Financing:
- Traditional mortgages are not available for co-op ownership. However, Northern Trust offers a loan option for co-ops using stock as security.
Walkability Rating:
76% (Very Walkable)
Explore Phoenix Towers to experience its unique blend of mid-century modern and contemporary style. For more information or to schedule a viewing, contact us today.