Downtown’s X Factor

Article originally posted on Phoenix Business Journal on May 23, 2025

On a bright mid-May morning in downtown Phoenix, construction workers labor at the base of the X Phoenix luxury apartment development.

But in a cruel twist, the workers seem to be moving in reverse on the ambitious project’s half-finished second tower. One person pulls apart the metal rods that make up the project’s ground-floor scaffolding, while another carefully stacks the pieces in the bed of a pickup truck. The remnants of a once-bustling work site appear on the verge of being hauled away.

Hundreds of feet above the ground floor, several incomplete stories stand out alongside X Phoenix’s gleaming first tower that was completed in 2022. The concrete skeleton offers a glimpse of the development’s promise — and a reminder of how far its present state resides from that vision.

Find Complete Article Here: https://www.bizjournals.com/phoenix/news/2025/05/22/clayco-x-phoenix-judgment-lawsuit.html