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    Building and Construction Southwest

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    keath71
    Grace Communities is developing two major residential and mixed-use projects in Phoenix and Scottsdale called Hotel Monroe and 44 Monroe. Grace Communities aims to bring an upscale urban lifestyle to metropolitan Phoenix with innovative architecture and design that fits how people live. 44 Monroe, located at the corner of Monroe and 1st Avenue in Phoenix, is a 34-story, $160 million development with 202 units ranging from 780 to 4,200 square feet and prices from $500,000 to $3.5 million. It will have high-end amenities like a pool, fitness center, and entertainment room.

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    Building and Construction Southwest

    Uploaded by

    keath71
    39 views1 page
    Grace Communities is developing two major residential and mixed-use projects in Phoenix and Scottsdale called Hotel Monroe and 44 Monroe. Grace Communities aims to bring an upscale urban lifestyle to metropolitan Phoenix with innovative architecture and design that fits how people live. 44 Monroe, located at the corner of Monroe and 1st Avenue in Phoenix, is a 34-story, $160 million development with 202 units ranging from 780 to 4,200 square feet and prices from $500,000 to $3.5 million. It will have high-end amenities like a pool, fitness center, and entertainment room.

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    Business to Business Magazine for the southwest USA construction industry

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    Grace Communities is developing two major residential and mixed-use projects in Phoenix and Scottsdale called Hotel Monroe and 44 Monroe. Grace Communities aims to bring an upscale urban lifestyle to metropolitan Phoenix with innovative architecture and design that fits how people live. 44 Monroe, located at the corner of Monroe and 1st Avenue in Phoenix, is a 34-story, $160 million development with 202 units ranging from 780 to 4,200 square feet and prices from $500,000 to $3.5 million. It will have high-end amenities like a pool, fitness center, and entertainment room.

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    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    39 views1 page

    Building and Construction Southwest

    Uploaded by

    keath71
    Grace Communities is developing two major residential and mixed-use projects in Phoenix and Scottsdale called Hotel Monroe and 44 Monroe. Grace Communities aims to bring an upscale urban lifestyle to metropolitan Phoenix with innovative architecture and design that fits how people live. 44 Monroe, located at the corner of Monroe and 1st Avenue in Phoenix, is a 34-story, $160 million development with 202 units ranging from 780 to 4,200 square feet and prices from $500,000 to $3.5 million. It will have high-end amenities like a pool, fitness center, and entertainment room.

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    GRACE 8/7/08 2:42 PM Page 40

    profile grace communities – hotel monroe and 44 monroe projects

    major residential and mixed-use devel-


    opments are under construction that
    are expected “to alter the metroscape
    for the better,” it notes.

    Grace Communities’ vision, it ‘Spectacular Vision’


    says, “is to bring an upscale,
    urban lifestyle to metropoli- “Relying on [the founders’] talents,
    tan Phoenix.” backgrounds, values and faith, they are
    fostering a spectacular vision for these
    Valley cities based on a legacy of innova-
    tive architecture that stands the test of
    time and design that fits how people
    live,” Grace Communities explains.
    “By developing a strategy sensitive to
    the flow of people’s lives and the pulse
    of our cityscapes, Grace Communities
    has taken on the daunting challenge of
    helping to implement more vibrant, fla-
    vorful and cosmopolitan downtown
    areas for Scottsdale and Phoenix.”

    A ‘Jaw-Dropping’ Development
    Located at the corner of Monroe and 1st
    Avenue, 44 Monroe is “destined to be a
    monument on the Phoenix skyline for-
    ever,” Grace Communities assures.
    Originally purchased as a refurbish-
    ing project, the development expanded
    from a 10-story building to a glass-and-
    steel landmark that will stand 34 stories
    high. 44 Monroe will have 202 units that
    will “provide a jaw-dropping window on
    the Valley’s world,” the company notes.
    “44 Monroe is a big-city undertaking
    at over $160 million and is reminiscent
    of something you would see in Chicago
    or Manhattan,” Donald Zeleznak says.
    Its amenities include:
    » A swimming pool and spa
    » A state-of-the-art fitness center
    » A high-tech entertainment room
    The units range between 780 to 4,200
    square feet and have sophisticated inte-
    rior design, epicurean kitchens, lavish
    baths and spacious rooms, according
    to the company. Prices range from
    $500,000 to $3.5 million.

    High Demand
    Prior to the development, the building
    served as the headquarters of Arizona >>

    40 b&c southwest fall 2008

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