34 E Jackson: Phoenix, AZ
Overview
Clearinghouse CDFI acquired a vacant commercial building in downtown Phoenix, where exponential development growth and many new high rises are projected over the next five years. CCDFI envisions revitalizing this 38,000-sq. ft.-building—which once housed the historic Phoenix Merchandise Mart—into a mixed-use facility offering space and workforce housing options, with the goal of adding an extra 120,000 sq. ft. of space.
The site, zoned Downtown Code—Business Core in the Warehouse Character Area, blends historic charm with modern living. Directly across from Footprint Center and three blocks from Chase Field, it’s an ideal location for CCDFI’s planned mixed-use development, featuring workforce housing and retail space.
Project Highlights
- Located directly across from the Footprint Center, the home arena for the Phoenix Suns, and three blocks from Chase Field, home of the Arizona Diamondbacks.
- Neighbors the Arizona Center, Phoenix Civic Plaza, Phoenix Symphony Hall, and other cultural centers and museums.
- Downtown Phoenix is home to over 23,000 residents and welcomes millions of visitors each year to a variety of sporting, business, and cultural events.
Learn more about Clearinghouse CDFI’s work in designated Opportunity Zones.
Supports workforce housing and retail space creation in a bustling area in downtown Phoenix, allowing for a mixed-use development that will help create and retain jobs and housing.
To acquire space in an up-and-coming area in downtown Phoenix, AZ, that will help bolster economic growth and workforce housing development.
