Tannin Development Completes Phoenix Condo Project
The luxury community features more than 100 residences.
Tannin Development Corp. has completed the second phase of Edison Midtown, a two-building luxury condominium community totaling 110 residences in Phoenix. The project’s Phase II consists of 60 units across a five-story building.
Phase II has been stalled for six years by the previous developer, while Phase I, which includes 50 units, came online in 2018. Tannin Development Corp. acquired the project’s site in 2021 for $2.2 million and invested $25 million to complete the community. The developer worked together with Humphreys & Partners Architects, while The Agency’s Cavanaugh Luxury Group is the marketing agent. Ameris Construction is the general contractor that had worked on the project’s second phase since 2022, according to AZ Big Media.
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Located at 3131 N. Central Ave., Edison Midtown includes one- and two-bedroom residences with two bathrooms and office spaces. The residences feature stainless steel kitchen appliances, quartz countertops, expansive cabinetry, 10-foot ceilings and powder rooms, while select units also include balconies, dining rooms, living rooms and master bedrooms.
The condominium prices start from $419,000. All 50 residences that are part of Edison Midtown’s Phase I have been sold, while 28 residences within Phase II have either been sold or are currently in escrow.
Enviable amenities, convenient location
Edison Midtown’s amenity package includes a 2,000-square-foot fitness center, a swimming pool, an outdoor kitchen, as well as a barbecue area, a resort-style rooftop with a heated swimming pool, lounges and daybeds, a fire pit with lounge seating, an outdoor yoga area, a pet washing station, gated garage parking space and electric vehicle charging stations.
The two-building condominium property is close to multiple bus stations, as well as to multiple parks, museums and retail options, while being 3 miles from downtown Phoenix and 6 miles from Phoenix Sky Harbor International Airport.
