JMA Ventures LLC | THE BATTERY
2539
page-template-default,page,page-id-2539,page-child,parent-pageid-31,ajax_fade,page_not_loaded,,select-child-theme-ver-1.0.0,select-theme-ver-3.6,wpb-js-composer js-comp-ver-5.1.1,vc_responsive

The Battery

Phoenix, Arizona

The Battery is a 278-unit, Class A multifamily development in the Warehouse District, a burgeoning tech hub in downtown Phoenix. The project will be a best-in-class multifamily offering on a parcel adjacent to the MLB’s Chase Field, the thriving downtown Phoenix, and the eclectic Warehouse District, a once blighted industrial sector of the City which is experiencing a significant revitalization through the addition of numerous new creative firms and tech employers.

As a pioneer of the neighborhood, The Battery will be the first new rental housing developed in the Warehouse District in over 10 years. The supply of housing has not yet followed the hundreds of tech companies that have recently taken space in the Warehouse District. The New York Times states that 110 new businesses have moved into the Warehouse District during the past five years. Cushman & Wakefield has reported that the greater Downtown Phoenix had about 1,800 employees working at 67 tech companies in 2012, with a $16 million annual economic impact. In 2017, the area had grown to more than 7,000 tech jobs at 265 tech companies, raking in $58 million in annual economic impact.

The completed project will feature 278 for-rent units throughout two four-story apartment buildings, offering residents a number of amenities including keyless entry and smart home technology, a state-of-the-art fitness center, a rooftop amenity deck that features a pool, spa, and open air ramada, and common area designs that inspire creativity and collaboration by drawing upon the authentic and often industrial aesthetic that is commonly seen throughout the historic Warehouse District.
The Battery is slated to open its doors to its first new residents in the first quarter of 2021.