Downtown Phoenix Mixed-Use Projects to Break Ground Soon
The $70 million development will add 125 residential units and three dining concepts to the busy Roosevelt Row corridor.
Updated on Oct. 21, 2026 in Openings & Closings
Live Poll
Do you believe large-scale luxury residential developments are beneficial for your local community?
Intersection Development is set to break ground on the $70 million SISU Roosevelt and Arcada projects in downtown Phoenix on November 6, 2026. The development will add 125 residences and three new dining concepts to the Roosevelt Row area.
Why it matters
These projects signal a shift toward high-density mixed-use retail and residential development in downtown Phoenix, aimed at increasing visitor traffic. Developers and local hospitality operators should track these sites as they introduce significant new commercial competition and foot-traffic patterns.
The $70 million development includes a 12-story tower housing 125 new residences and a 3,500-square-foot outdoor communal space known as Mode. These figures represent a significant capital injection into the existing Roosevelt Row real estate footprint.
The players
Intersection Development
A real estate development firm focused on mixed-use and urban infrastructure projects.
Clive Collective
A hospitality group managing multiple dining and beverage concepts within urban environments.
The details
The project centers on the adaptive reuse of the historic Stoddard-Harmon House, integrating heritage assets into a modern hospitality and living complex. Clive Collective will manage the dining operations within the Arcada footprint, while the Fascination Street path will serve as a pedestrian conduit between McKinley and Roosevelt streets to facilitate movement between the various venues.
Timeline
November 6, 2026: Groundbreaking for SISU Roosevelt and Arcada.
Market Landscape
This development aligns with the long-term objectives of the Phoenix Downtown Redevelopment Plan to enhance density and pedestrian connectivity. It marks a departure from purely residential expansion by incorporating historic preservation alongside high-volume hospitality venues.
Local retailers and hospitality businesses should anticipate temporary construction-related disruptions at the Roosevelt Row intersection starting in November. Operators should review their regional marketing plans to account for the influx of 125 residential units and three new dining concepts in this corridor.
The takeaway
The project underscores a growing trend of layering modern high-density hospitality over historic preservation to drive downtown visitor demand. Operators should monitor the progress of the Mode outdoor space, as its design will serve as a test case for future pedestrian-centric developments in Phoenix.
Further reading
For more updates on regional commercial expansion, visit Phoenix Openings & Closings.
Source note: This article includes information reported by AZ Big Media.
Live Poll
Do you believe large-scale luxury residential developments are beneficial for your local community?
