Empire Group of Companies, through its luxury urban infill division Aspirant Development, has officially broken ground on The Whitney, a highly anticipated 24-story mixed-use high-rise set to reshape the Central Avenue corridor. Backed by a newly closed $131.2 million financing package, the project will bring 328 luxury residences and more than 22,000 square feet of retail space to the southwest corner of Central Avenue and McDowell Road.
Located within Phoenix’s Arts District, The Whitney represents another major step in the city’s ongoing urban transformation, blending luxury residential living with walkable retail, transit connectivity, and design-forward amenities. The project is especially notable for its location north of the I-10 freeway, making it the only high-rise residential development within the Downtown corridor in that area – a positioning developers say offers residents easier access to downtown amenities.
“The Whitney represents our continued investment in high-density development that enhances Phoenix’s urban core while remaining connected to its surrounding neighborhoods,” said Geoffrey Jacobs, managing partner of Aspirant Development. “This project reflects Aspirant’s vision of delivering elevated residential experiences in locations that support long-term livability, connectivity, and community.”…