Millennials reshaping downtown Phoenix
The mutually beneficial behavior of Millennials and developers in downtown Phoenix are reshaping the area’s housing markets. Millennials and developers are contributing a greater sense of place and diversity of activities in downtown Phoenix. Developers have repurposed parking lots into housing, stores, and restaurants. Millennials have produced walkable areas that attract amenities like bars and festivals, which have helped to remake downtown Phoenix and as an entertainment and leisure spot.
Millennials are most able to afford increasing rents that go with downtown living.
Millennials Reshaping Downtown Phoenix
