44 Monroe

44 Monroe

Infobox Skyscraper
building_name= 44 Monroe


caption=
preceded=
year_built= 2008
surpassed=
year_highest=
year_end=
plural=
location= 44 West Monroe
Phoenix
status= Under Construction
groundbreaking= November 2005
constructed=
est-completion= August 2008
opening= TBD
destroyed=
use= Residential
antenna_spire=
roof= 380 feet (116 m)
top_floor= 34
floor_count= 34
floor_area=
elevator_count=
cost= $70 Million (UDS)
architect= Tucker Sadler Architects
engineer= PK Associates LLC
contractor= Weitz Company
developer= Grace Communities
owner=
Under construction, 44 Monroe is a $70 million (USD), convert|523619|sqft|m2|sing=on residential high-rise building, located at the northeast corner of Monroe Street and First Avenue in Downtown Phoenix, Arizona. Once built, the 34-story tower will become Arizona's tallest residential structure.

History

In 2004, the long vacant Arizona Bank Building, an 11-story building completed in 1961 on a small quarter of a city square block, was in the process of being remodeled into residential condominiums called Monroe Place Lofts. High demand quickly sold out the 60-unit project. In May 2005, Grace Communities announced the existing building would be razed and in its place a 34-story tower would be erected and named 44 Monroe, the site’s address. In late September 2005, demolition of the Arizona Bank Building began. Construction on the tower began in November 2005. On April 16, 2006, Grace communities hosted a “Going Vertical” party signaling the tower’s foundation was complete and construction would now be above ground. In the summer of 2007, 44 Monroe topped out. Residents are expected to move in August 2008.

Design

The project's exterior and interior design were inspired by a painting by artist Jennifer J.L. Jones named “Five Elements,” which incorporates the five Chinese elements of natureearth, wood, water, metal, and fire. The elements will be expressed as five vertical fins on the front of the structure's façade, with the pattern to be repeated throughout the building's interior. The building will feature seven floors of above-ground parking and 202 residential units, ranging in size from 780 to convert|4800|sqft|m2. Residential unit prices range from $480,000 to $3.2 million.

References

*Hesler, Linda, [http://www.coppersquare.com/business/news/493/.html “Take a peek at Downtown Living”] "The Arizona Republic", September 29, 2006.

External links

*http://www.monroeplacelofts.com
*http://www.gracecommunities.com
*http://www.coppersquare.com
*http://prweb.com/releases/2008/1/prweb634971.htm


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