Roosevelt Point

Roosevelt Point

Size
350,000 SF
Keys / Units
326 Units
Procurement
Qualifications
Phoenix, AZ/Mixed-Use/Developer & GP

Arizona State University needed housing and retail to anchor its growing downtown campus. The firm assembled the site out of a bankruptcy estate, structured the venture as general partner alongside Education Realty Trust, and secured a multi-year property-tax abatement that made the economics work. Roosevelt Point was delivered on time and on budget on what was then a pioneering corner — today the densest intersection in downtown Phoenix. The firm exited to a strong return, and the property has continued to trade and perform at the top of its market in the years since.

Key Outcomes

Site assembled from a bankruptcy estate
Anchored ASU's downtown campus expansion
Multi-year property-tax abatement secured
Delivered on time and on budget
Now the densest corner in downtown Phoenix
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