Downtown Phoenix condo market ready to rocket

Jeweler Joel Starkman is the first resident at Coronado Commons, a complex of 20 townhouse-style homes under construction in central Phoenix.

About a mile away, the Portland on the Park condo project downtown has sold more than half of 149 units well before its opening, expected by the end of the year.

Urban dwellers have bought more than two dozen of the nearby en Hance Park condominiums, with roughly four months of construction left on the 49 units.

A booming market for new for-sale real

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