One of the many vacant lots in Downtown Phoenix is under development. Two new apartment buildings will provide a home to college students and people who work downtown.

The empty lot takes up an entire city block along Roosevelt Street, three blocks east of Central. Scottsdale-based developer Concord Eastridge bought the land and will break ground on two new apartment towers Tuesday morning. Steve Schnoor runs Concord Eastridge’s Phoenix office. He said the time is right for new construction in downtown