Proposed Downtown Phoenix Mixed-use Tower Would Incorporate Historic Building

Article originally posted on Phoenix Business Journal on January 13, 2021

Working on a plan to create a 26-story tower and incorporate a historic building in downtown Phoenix’s warehouse district has been a “labor of love” for real estate attorney Nick Wood, who said the project will greatly benefit a Phoenix nonprofit that aims to train people for in-demand jobs.

The Arizona OIC, which stands for Opportunities Industrialization Center, opened in 1967 and is part of a network of other chapters that were built out of the civil rights movement in the 1960s. In Phoenix, the OIC operates out of 39 E. Jackson St. in a building that has historic preservation status. As part of the proposed development, Wood’s client, Thunderbird Legacy Group, is seeking to remove the historic preservation designation so the roof and one of the walls of the building can be removed. The other walls will be preserved and the new building will be built inside them.

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An artist's rendering shows the planned mixed-use development called The Blue, which is planned for the warehouse district in downtown.