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info@orpheumlofts.com
Phone: 602.252.5120
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FOR IMMEDIATE RELEASE
For more
information:
Desiree Strong (Crosby-Wright)
..(480)
367-1112
Construction Begins On Historic Downtown Orpheum Lofts
Phoenix,
Ariz. (3/13/03)- Orpheum Lofts, downtown Phoenix’s
first significant historic residential renovation in the former Phoenix
Title
and Trust Building, moves closer to reality with the start of interior
pre-construction demolition.
Located at the northwest corner of Adams Street and First Avenue, the 11-story
building will offer 90 spacious loft homes encompassing 90,000 square feet
of the building’s total 137,734 square feet, as well as a fitness club
for residents. Upscale and convenience-oriented retail shops will occupy the
streetside perimeter on the first level. The 1931 building is one of the very
few remaining Art Deco high rises in Phoenix.
Construction has been scheduled between 6 p.m. and 6 a.m. to meet the developer’s
conscious effort not to disrupt daily operations in downtown Phoenix.
“The renovation process is a mix of historical preservation to reveal the
timeless elegance of the building’s magnificent Art Deco structure and
new construction to meet future-paced technological requirements,” noted
Norman Sheldon, a principal of TASB, LLC, along with Harvey Deutsch and Joel
Farkas. The principals have developed numerous residential and mixed use projects
in the Phoenix and Denver metropolitan areas.
(more)
2-2-2-2-2
The
first, three-month stage of abatement and demolition on the building’s
interior construction has begun. In the second stage, workers will completely
gut the building to expose the original red brick interior walls and concrete
ceilings. A unique process combining baking soda and air pressure will
be used to protect and preserve the interior walls and brick.
After the first stage is completed, work will begin on building the individual
residences based on 22 different unit plans. At Orpheum Lofts, future residents
can select from floor plans ranging from 712 to 1,800 square feet, or design
their own floor plans by combining two or more loft units. The 90 loft
homes are available for purchase at prices ranging from $160,000 to $1.5
million.
Construction services are being managed by OTL Consulting Services in conjunction
with The Weitz Company. Architect is Josh Comfort of Lawrence Group Architects.
A fully furnished model loft unit and sales center are now open at 114
West Adams Street. For more information, call (602) 252-5120 or visit www.orpheumlofts.com.
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