From One Lexington:
One Lexington is a collection of loft-style condos that are ideal for in-town living. This 17-storey hi-rise tower is in the heart of Midtown Phoenix, directly across the street from the Osborne LRT station. The suites boast ceilings that are 11'10" high – a rare quality in Phoenix condos. Uniquely perched over the Central Avenue corridor, the building enjoys spectacular views in every direction. It is a monument to visionary urban design, and a landmark of the new Midtown Phoenix. The building’s concrete-and-steel construction has many advantages over other Midtown condos. It allows for easier cooling in the summer, and more efficient heating in the winter months. Most importantly, over the long term it will last longer, stand stronger, and, typically, hold its value a lot better than a woodframe building can. One Lexington, formerly the Century Plaza, was purchased from the bank by Macdonald after the project went into default on its mortgage.