New Two-Tower Complex Approved for Downtown Chandler

The city approved a $130 million plan to bring 320 apartments and new retail space to a long-vacant downtown lot.

Updated on Oct. 15, 2026 in Commercial

Modern desert-style apartment building with balconies and native landscaping in a bright, sunny urban environment. — The Chandler City Council has approved a $130 million two-tower residential and retail project to redevelop a long-vacant downtown site. AI Illustration. Upload story photo >

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The Chandler City Council approved a plan in September to transform the long-vacant Site 7 lot into a two-tower multiuse complex. This development will introduce 320 apartments and significant retail and office space to the downtown corner of Buffalo Street and Arizona Avenue.

Why it matters

The $130 million project marks the end of a 20-year period of vacancy for this 1.7-acre parcel in downtown Chandler. This development adds substantial residential and commercial capacity to the city core.

The development plan features a 9-story tower at the corner of Buffalo Street and Arizona Avenue, comprising 320 apartments plus 12,000 square feet of office space and 16,000 square feet of retail. The total project is estimated to cost $130 million.

The players

Chandler City Council

The local governing body responsible for municipal zoning and development approvals in Chandler.

Shelter Management Asset LLC

The developer managing the $130 million construction project on Arizona Avenue.

The details

The two-tower complex is designed to encircle the existing Jack-in-the-Box on Arizona Avenue, integrating the restaurant site into the new development footprint. Residents will have access to a rooftop pool, a fitness center, and dedicated gathering spaces, with the entire facility supported by a new parking garage.

2006: The Site 7 lot began its 20-year period of vacancy.
September 2026: Chandler City Council approved the development plan.
September 2029: The first tower is expected to be completed.
September 2030: The second tower is expected to be completed.

The Home Front

This project represents a significant shift in downtown land use, concluding a 20-year vacancy that has long characterized the corner of Buffalo Street and Arizona Avenue. The development introduces high-density residential and commercial infrastructure to a key city site.

Nearby residents should anticipate changes to street-level traffic patterns and utility access as construction commences on the two-tower complex. Property owners in downtown Chandler may want to monitor how this influx of 320 new apartments impacts local rental supply and infrastructure needs.

The takeaway

This development signals a major change to the downtown Chandler skyline with the city's future tallest structure. Residents can track the project's progress as construction of the first tower nears its target completion date of September 2029.