National developer could bring big apartments, mixed-use to downtown Phoenix block next to ASU
Big national real estate developer Hines Interests LP is looking at buying a city block of downtown Phoenix land at Central Avenue and Fillmore Street.
The property is on the northeast corner, north of Arizona State University's downtown campus.
It is currently a parking lot owned by private investors.
Multiple sources in the real estate industry say Hines could buy the property and wants to develop apartments likely with some ground-level retail and restaurants.
The possible development is...