Phoenix City Council voted unanimously Thursday to approve Jerry Colangelo’s plan to turn his JDM Partners headquarters into a luxury condominium complex at the northeast corner of 24th Street and Arizona Biltmore Circle. The green light came after the developer agreed to trim parts of the original proposal in response to neighborhood complaints about the height of the project. The move clears the way for an aging office campus in the Camelback Corridor to make way for a high-end for-sale development.
According to the Phoenix Business Journal, council members signed off on the rezoning and design approvals needed to push the project ahead. The unanimous vote followed weeks of meetings between the developer and nearby residents, a stretch that helped turn vocal concerns into a negotiated compromise.
Plans, Site And Timeline
The project, marketed as 2400 Biltmore, would level three existing office buildings on a roughly 6.2-acre parcel and replace them with about 203 luxury condominium units, along with ground-floor restaurant space and office square footage, according to The Real Deal. JDM has said the homes are planned as one- to four-bedroom residences that would average more than 2,000 square feet. Once the necessary permits are secured, the company expects construction to take roughly 18 months.
Neighbors Pushed For A Smaller Build
Neighbors had raised alarms about the project’s height, and the developer ultimately agreed to scale back the total number of condos as part of the approval process, the Phoenix Business Journal reports. City staff and council members said those concessions were key to shoring up broader community support by the time the proposal hit the council dais.
Why The Biltmore Move Matters
Developers in Phoenix have become increasingly interested in office-to-residential conversions as older campuses struggle to stay competitive, and JDM’s pitch leaned heavily on what it described as a shortage of new for-sale product in the Biltmore corridor, The Real Deal reported. The project is aimed at downsizers and second-home buyers looking for lock-and-leave, amenity-rich units close to the Arizona Biltmore resort.
With council approval secured, the developer now plans to finalize building permits and submit its detailed construction plans. JDM has said it will keep a small tenant footprint on-site while the work is underway. If the schedule holds, groundwork could start by mid-2026, and the finished complex would add a rare batch of for-sale housing in one of Phoenix’s most high-profile neighborhoods.
