Clayco celebrated the topping out of PALMtower Residences at The Arizona Center this month. Developed by North American Development Group and designed by Will Bruder Architects in collaboration with Lamar Johnson Collaborative, the 28-story structure is scheduled for completion in early 2024 in downtown Phoenix.
Located at 440 East Van Buren Street, the building will contain 352 apartment units; a 17,500-square-foot seventh floor amenity level with an outdoor pool and indoor-outdoor common space; as well as six floors of above ground parking with 370 spaces and 120 spots for bike parking.
“It is cathartic to see such a significant milestone celebrated on this project,” said Clayco executive Eric Jaegers. “Working with North American Development Group, we’re nearing the finish line of this highly-anticipated project and we just couldn’t be more excited about it.”
The topping out ceremony, a traditional celebration in construction projects, signifies the completion of the structural phase of the project. As the final beam is hoisted into place, it showcases the hard work, dedication and prioritization of safety by the construction team and the superior safety record on PALMtower with over 330,000-manhours on this project to date.
The 481,980-square-foot building’s exterior cladding will be comprised of glass and metal paneling to showcase true urban living with a unique and high-end façade. Other project partners include Ventana on curtain wall systems; civil engineering firm Dibble; structural engineering firm BASE; and MEPFP consulting engineers Peterson Associates.
“We are excited to work with the design and construction team on PALMtower to deliver an elevated living experience in downtown Phoenix,” said NADG Vice President Chris Chamberlain.
Since relocating its Residential Business Unit headquarters to the firm’s newly established Phoenix operations in 2021, Clayco is transforming the downtown skyline with the construction of several multifamily high-rises, including Skye on 6th and X Phoenix Phase I, with X Phoenix Phase II underway.
