One North Central

One North Central, formerly the Phelps Dodge Tower, is a high-rise office building located along Central Avenue in the Downtown area of Phoenix, Arizona, United States. Its name is a reference to its street address at 1 N. Central Avenue. The tower rises 20 floors and 290 feet (88 m) in height. Owned by Parallel Capital Partners, One North Central was built in 2001 and initially served as the headquarters for the Phelps Dodge mining company. The tower was designed by SmithGroup, and Ryan Companies was the developer.[4] Today it stands as the 25th-tallest building in Phoenix. Phelps Dodge was subsequently acquired by Freeport McMoRan Inc., who moved the corporate offices two blocks north into the newly constructed Freeport-McMoRan Center.

One North Central
One North Central in 2021
General information
Type	Office
Address	1 North Central Avenue, Phoenix
Coordinates	33.4486°N 112.0732°W / 33.4486; -112.0732
Construction started	2000
Completed	2001
Owner	Parallel Capital partners
Technical details
Floor count	20
Floor area	410,000 square feet (38,090 m2)
Design and construction
Architect(s)	SmithGroup
Developer	Ryan Companies
References
[1][2][3]

Mitsubishi Estate Co. Ltd. purchased the building in 2008 for $128 million.[5] In 2015 the building was sold to its current owner Parallel Capital Partners for $93.7 million.[6] In 2017, Quicken Loans (now Rocket Mortgage) announced plans to lease 150,000 square feet of office space on 6 floors of One North Central.[7] The move was completed in 2018, with sister company Amrock opening a regional office in the building in 2021.[8]