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Plans to build Arizona’s tallest building are officially on hold. Aspirant Development, the Scottsdale-based firm behind the $650 million Astra Tower project in downtown Phoenix, has delayed its groundbreaking until late 2026, citing the need to finalize financing.

Originally slated to begin construction in the second quarter of 2025, Astra remains on track to become a defining addition to the Phoenix skyline. A company spokeswoman emphasized that the project’s scope and vision remain unchanged despite the revised timeline.