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05/27/07
‘Green’ condos rise near downtown
Filed under: General, Real Estate
Posted by: Lillian Wong @ 6:43 pm

As the summer heat creeps into Phoenix, one company is building homes with the hope owners can avoid cranking up the air-conditioning and racking up high electric bills. Greenroof Development Co. strives to create homes that are good for the environment and for buyers’ wallets with a focus on moderately priced residential units near downtown Phoenix. The first project, PRD 845, is at Eighth Avenue and Roosevelt Street, and is nearing completion, with 10 of its 12 units sold. The second, Viridian, will break ground this summer just across the street, with completion of its 42 condos expected in fall 2008. Prices will range from about $300,000 to $350,000.  More…

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