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Long-stalled Phoenix office-to-residential conversion nears completion

One Camelback adaptive-reuse project expects residents in September
One Camelback, an adaptive-reuse project years in the works, expects residents in September. (Kinella Capital)
One Camelback, an adaptive-reuse project years in the works, expects residents in September. (Kinella Capital)
CoStar News
June 11, 2026 | 8:14 P.M.

Developers are nearing the finish line on a rare office-to-residential conversion that's transforming a longtime eyesore on one of Phoenix's prominent high-profile intersections into luxury apartments.

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