Search

Phoenix, AZ (2014)

Phoenix Union High School

Rehabilitation of three vacant historic Phoenix Union High School buildings totaling 90,000 square feet for use by the University of Arizona College of Medicine.

Investment

  • NMTC Amount: $23,200,001
  • Total Project Cost: $27,700,000

IMPACT

  • 141 FTE jobs
  • 247 construction jobs
  • Rehabilitation of a vacant or under-utilized historic structure.
  • 90,000 sq. ft. of real estate

Investor

Project Description

In 2005, AZ Board of Regents (ABOR) began rehabilitating three vacant historic Phoenix Union High School (PUHS) buildings totaling 90,000 sq. ft. for use by the University of Arizona College of Medicine. The campus was built in 1911 and the buildings were placed on the National Register of Historic Places in 1982.

The rehabilitation of these structures was part of the downtown Phoenix bioscience campus development, which eliminated blight in the downtown core while spurring new development and job opportunities. The project preserves three historic buildings and serves as a catalyst for the bioscience campus development. In addition, this project helped address the growing need for physicians and nurses within the community.

MAP

Address: 455 North Fifth Street, Phoenix, AZ 85004

Census Tract: 4013113100

PDF Profile

Related Projects

Allendale, (2012)