Korman Communities, in partnership with RXR, has officially revealed its newest project in the Phoenix market. This brand new, Class AA residential high-rise soars over Downtown Phoenix with 17 floors of 254 residential units, 17,000 square feet of amenity space, and 4,350 square feet of retail space. AVE Phoenix Sky, like its mid-rise neighbor AVE Phoenix Terra that opened in March 2022, will offer both flexible-stay furnished apartments and luxury apartment rentals.
We are thrilled to be opening AVE Sky as the newest Class AA property to enter the Downtown Phoenix market. This breathtaking high-rise will offer residents amenities, finishes, and views that are unparalleled, and it’s the perfect complement to our existing mid-rise AVE Terra, just a block away,” says Bradley Korman, co-CEO of Korman Communities. “We value our partnership with RXR that has allowed us to target and develop the best properties in the best locations nationwide, with Phoenix being a core market for continued growth.”
AVE is a pioneer in flexible living. Its furnished apartment solution dates back six decades when then founder Steven H. Korman recognized the need for options between the traditional apartment rental and an extended hotel stay. Since, AVE has been committed to redefining how people live through its flexible offerings, on-demand amenities, and high-touch service.
“As AVE Sky opens its doors in Downtown Phoenix, RXR’s partnership with Korman Communities proves to be a win-win-win for RXR, Korman, and the Greater Phoenix region,” said Joseph Graziose, Jr., Executive Vice President of Development Services at RXR. “AVE Sky’s flexible living model with high-end finishes and premium amenities offers an ideal solution for the busy professional with prime location on Roosevelt Row and proximity to vital institutions and transit. We’re excited to expand our footprint in Phoenix alongside Korman Communities, delivering upscale flexible living in vibrant urban centers.”
“At AVE, our mission is to help our residents live better, and we do so by focusing on delivering and innovating quality, flexibility, service, and community,” says Lea Anne Welsh, president of AVE and COO of Korman Communities. “Our fully furnished apartments provide a comfortable living solution for anyone who needs flexibility due to a work relocation, extended business trip, seasonal travel, or lifestyle change. For those who desire carefree apartment living year-round, we have a variety of luxury apartment floor plans with premium amenities. Our friendly, professional service team is on site seven days a week to provide a quality living experience and a sense of community through concierge support, events, and partnerships.”
AVE Phoenix Sky also boasts 4,350 square feet of retail space – 3,770 for a future restaurant and 580 square feet to be utilized as a studio for local artists.
AVE Phoenix Sky is centrally located in Downtown Phoenix, footsteps from the city’s best dining and nightlife, as well as Phoenix attractions Roosevelt Row, Chase Field and Footprint Center. It’s also convenient to everything in the region – just 10 minutes from Phoenix Sky Harbor International Airport and 20 minutes to world-class golf and high-end shopping in Scottsdale.
