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Developer Wraps Renovation of Century-Old Downtown Phoenix Warehouse

05 | 05 | 2026

A major makeover of a downtown Phoenix building that’s more than a hundred years old is complete.

Denver-based developer Aardex has transformed the former Pratt-Gilbert building into One West Madison – which now includes 27,000 square feet of restaurant, retail and event space and is looking for tenants.

The newly-renovated building – located steps away from Mortgage Matchup Center, where the Phoenix Suns play – is part of a larger play to redevelop the whole block within Phoenix’s original downtown warehouse district.

Aardex also owns a site next door to One West Madison, where it aims to start construction next year on a multifamily project.

For details on leasing this space or to contact us, view our marketing package here.

Read more from original Phoenix Business Journal article posted here.

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