The property is 104,000 sq ft or 2.39 acres in downtown Phoenix with all utilities at site waiting for the right developer. Downtown Phoenix is booming, with the infusion of $5.03 Billion dollars in private/public investments. Population is growing, and the area will continue to show positive growth. Arizona State University, University of Arizona, Northern Arizona State University, and the Grand Canyon College all have burgeoning presence in the downtown area. ASU alone has about 12,000 students at the downtown Phoenix campus.