Harman Patil (Editor)

Phoenix Corporate Center

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Type
  
Office

Opening
  
January 3, 1965

Top floor
  
26

Height
  
104 m

Opened
  
3 January 1965

Cost
  
21 million USD

Location
  
Roof
  
341 ft (104 m)

Floor count
  
26

Floors
  
26

Owner
  
Colony NorthStar

Construction started
  
1963

Phoenix Corporate Center httpswwwemporiscomimagesshow476081Largef

Similar
  
Wells Fargo Plaza, Phoenix Plaza, Great American Tower, Central Arts Plaza, Phoenix Financial Center

The Phoenix Corporate Tower (formerly known as First Federal Savings Building) is a 26 floor skyscraper in Phoenix, Arizona. It was built in 1965 and designed in the International Style. The tower was built two miles north of Downtown Phoenix in the Central Corridor. At that time corporate investment turned its attention away from downtown. When the tower was complete it was the tallest building in Phoenix taking that distinction away from the Meridian Bank Tower. It remained the tallest building for six years until the Wells Fargo Plaza was completed in 1971.

When Phoenix Corporate Center was originally built all north and south facing windows had balconies. There were seven columns stretching from the ground floor to the top where they formed a series of arches. Each column visually attached to its neighboring column. There was also a glass elevator on the western elevation, which served the top floor.

In 1990, San Francisco-based development firm The Krausz Companies, Inc. purchased what was then called "Prudential Plaza," and undertook an ambitious repositioning of the near-vacant office tower. Balconies were removed, and glass was reinstalled flush with the slab edge, substantially expanding the leasable interior space on each floor. Additionally, several vertical columns on the north and south facades were removed giving the building a smoother more modern appearance. The skylift elevator is no longer functional.

On June 13, 2013, a Notice of Trustee Sale was recorded against the property, with the property scheduled to go to auction on September 18, 2013.

The note on the property was purchased by Colony Capital in 2013. The building was in receivership with Trident Pacific Real Estate and Colony closed on the building towards the end of the year.Colony has made significant upgrades to the property, including: renovating the lobby, painting the exterior, and building a marketing center.

References

Phoenix Corporate Center Wikipedia


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