The Foxcroft condos are closing their doors in 2019.
The Foxcroft project is a new, four-story condominium that opened in 2019 on the west side of downtown Phoenix.
The building was designed by John Rolfe, the architect behind the New York City skyscraper Fifth Avenue and other landmark skyscrapers.
The project was designed for the Foxcroft community, which was the only part of Phoenix that was approved for the condominium project, according to Phoenix Mayor Greg Stanton.
Phoenix is the second city to get a Foxcroft building in the past few years.
Last year, Foxcroft built a $400 million building in Mesa on the site of a former U.S. Navy aircraft carrier that is expected to open in 2019 and will include a spa and an outdoor patio.
The project is not the first Foxcroft development to be abandoned.
In the 1990s, Foxclovers sold its existing Foxcroft site to a developer and built the new, smaller Foxcroft condo on the property.
The site is owned by the city of Phoenix and is located in the former Phoenix Municipal Stadium.