Tempe Development Thread

[muertecaza]

https://azbigmedia.com/real-estate/s...mpe-community/

StreetLights Residential, a design-driven developer of multifamily and mixed-use communities, recently broke ground on The Alyssa, its newest luxury multifamily community in Tempe, Arizona. This is the fifth project in Arizona for StreetLights, and the second in Tempe, with the first luxury multifamily community, The Cameron, opening in 2019.

With 335 luxury apartment homes, the interiors and overall ambience give a nod to The Alyssa’s location, drawing from the southwestern setting with warm color tones, stonework, and brass fixtures throughout. The Alyssa will offer studios, one-, two-, and three-bedroom floorplans with an average unit size of 881 square feet.

I believe these are apartments within 'Rio East,' right there on the north side of Rio Salado just west of the 101.

[muertecaza]

[Mr.RE]

There's a new project in planning/entitlements review on the development tracker on the city website for "South Pier at Southbank - Mixed use". Not sure what that may be, the address it gave was 1131 E. Vista Del Lago Dr. which looks like it's the developer that began negotiating with the city a few years back on the RFP: https://azbex.com/developer-chosen-for-tempes-pier-202/

Looks like we might see a plan for the full buildout of these parcels coming soon! The market is ripe for this kind of development. I'm curious to know who the group is.

EDIT: Found it on a facebook page. most recent post was in september. Looks incredible

https://m.facebook.com/SouthPierTempe/posts/pcb.345023510756256/photo_id=345021330756474&mds=%2Fphotos%2Fviewer%2F%3Fphotoset_token%3Dpcb.345023510756256%26photo%3D345021330756474%26profileid%3D100000052688752%26source%3D49%26refid%3D17%26_ft_%3Dmf_story_key.345023510756256%253Atop_level_post_id.345023510756256%253Atl_objid.345023510756256%253Acontent_owner_id_new.100057458289004%253Athrowback_story_fbid.345023510756256%253Apage_id.100331604667949%253Aphoto_attachments_list[345021134089827%252C345021280756479%252C345021330756474%252C345021514089789%252C345021564089784]%253Astory_location.4%253Astory_attachment_style.album%253Atagged_locations.112887315391921%253Aott.AX9LuvhSwLRvVIcF%253Atds_flgs.3%253Athid.100057458289004%253A306061129499414%253A2%253A0%253A1641023999%253A8139070209695779368%253A%253A%253Apage_insights.%257B%2522100057458289004%2522%253A%257B%2522page_id%2522%253A100057458289004%252C%2522page_id_type%2522%253A%2522page%2522%252C%2522actor_id%2522%253A100057458289004%252C%2522dm%2522%253A%257B%2522isShare%2522%253A0%252C%2522originalPostOwnerID%2522%253A0%257D%252C%2522psn%2522%253A%2522EntStatusCreationStory%2522%252C%2522post_context%2522%253A%257B%2522object_fbtype%2522%253A266%252C%2522publish_time%2522%253A1632876309%252C%2522story_name%2522%253A%2522EntStatusCreationStory%2522%252C%2522story_fbid%2522%253A[345023510756256]%257D%252C%2522role%2522%253A1%252C%2522sl%2522%253A4%252C%2522targets%2522%253A[%257B%2522actor_id%2522%253A100057458289004%252C%2522page_id%2522%253A100057458289004%252C%2522post_id%2522%253A345023510756256%252C%2522role%2522%253A1%252C%2522share_id%2522%253A0%257D]%257D%252C%2522112887315391921%2522%253A%257B%2522page_id%2522%253A112887315391921%252C%2522page_id_type%2522%253A%2522page%2522%252C%2522actor_id%2522%253A100057458289004%252C%2522dm%2522%253A%257B%2522isShare%2522%253A0%252C%2522originalPostOwnerID%2522%253A0%257D%252C%2522psn%2522%253A%2522EntStatusCreationStory%2522%252C%2522role%2522%253A4%252C%2522sl%2522%253A4%257D%257D%26__tn__%3DEH-R%26cached_data%3Dtrue%26ftid%3D&mdp=1&mdf=1

[muertecaza]

Originally Posted by Mr.RE

There's a new project in planning/entitlements review on the development tracker on the city website for "South Pier at Southbank - Mixed use". Not sure what that may be, the address it gave was 1131 E. Vista Del Lago Dr. which looks like it's the developer that began negotiating with the city a few years back on the RFP: https://azbex.com/developer-chosen-for-tempes-pier-202/

Looks like we might see a plan for the full buildout of these parcels coming soon! The market is ripe for this kind of development. I'm curious to know who the group is.

[CrestedSaguaro]

Originally Posted by Mr.RE

There's a new project in planning/entitlements review on the development tracker on the city website for "South Pier at Southbank - Mixed use". Not sure what that may be, the address it gave was 1131 E. Vista Del Lago Dr. which looks like it's the developer that began negotiating with the city a few years back on the RFP: https://azbex.com/developer-chosen-for-tempes-pier-202/

Looks like we might see a plan for the full buildout of these parcels coming soon! The market is ripe for this kind of development. I'm curious to know who the group is.

EDIT: Found it on a facebook page. most recent post was in september. Looks incredible

https://m.facebook.com/SouthPierTempe/posts/pcb.345023510756256/photo_id=345021330756474&mds=%2Fphotos%2Fviewer%2F%3Fphotoset_token%3Dpcb.345023510756256%26photo%3D345021330756474%26profileid%3D100000052688752%26source%3D49%26refid%3D17%26_ft_%3Dmf_story_key.345023510756256%253Atop_level_post_id.345023510756256%253Atl_objid.345023510756256%253Acontent_owner_id_new.100057458289004%253Athrowback_story_fbid.345023510756256%253Apage_id.100331604667949%253Aphoto_attachments_list[345021134089827%252C345021280756479%252C345021330756474%252C345021514089789%252C345021564089784]%253Astory_location.4%253Astory_attachment_style.album%253Atagged_locations.112887315391921%253Aott.AX9LuvhSwLRvVIcF%253Atds_flgs.3%253Athid.100057458289004%253A306061129499414%253A2%253A0%253A1641023999%253A8139070209695779368%253A%253A%253Apage_insights.%257B%2522100057458289004%2522%253A%257B%2522page_id%2522%253A100057458289004%252C%2522page_id_type%2522%253A%2522page%2522%252C%2522actor_id%2522%253A100057458289004%252C%2522dm%2522%253A%257B%2522isShare%2522%253A0%252C%2522originalPostOwnerID%2522%253A0%257D%252C%2522psn%2522%253A%2522EntStatusCreationStory%2522%252C%2522post_context%2522%253A%257B%2522object_fbtype%2522%253A266%252C%2522publish_time%2522%253A1632876309%252C%2522story_name%2522%253A%2522EntStatusCreationStory%2522%252C%2522story_fbid%2522%253A[345023510756256]%257D%252C%2522role%2522%253A1%252C%2522sl%2522%253A4%252C%2522targets%2522%253A[%257B%2522actor_id%2522%253A100057458289004%252C%2522page_id%2522%253A100057458289004%252C%2522post_id%2522%253A345023510756256%252C%2522role%2522%253A1%252C%2522share_id%2522%253A0%257D]%257D%252C%2522112887315391921%2522%253A%257B%2522page_id%2522%253A112887315391921%252C%2522page_id_type%2522%253A%2522page%2522%252C%2522actor_id%2522%253A100057458289004%252C%2522dm%2522%253A%257B%2522isShare%2522%253A0%252C%2522originalPostOwnerID%2522%253A0%257D%252C%2522psn%2522%253A%2522EntStatusCreationStory%2522%252C%2522role%2522%253A4%252C%2522sl%2522%253A4%257D%257D%26__tn__%3DEH-R%26cached_data%3Dtrue%26ftid%3D&mdp=1&mdf=1

That is one long URL, lol. Also, on the FB page, some of the comments mention the ferris/observation wheel is also still part of the plan.

[muertecaza]

A lot going on in Tempe:

Full DRC packet for 'Dwell,' the project that's looking to add apartments to the area of the existing Architekton offices at 5th/Farmer:

https://www.tempe.gov/home/showdocum...44920893741757

4 additional units added in the Sunset neighborhood west of DT Tempe:

https://www.tempe.gov/home/showdocum...44862249722757

Couldn't stop for a good picture, but there is a new red sign up for more apartments along Apache. These would replace the little retail strip next to the 'Alight' apartments, near the Smith/Martin light rail stop:



If it's not readable, it says:

This is a public hearing notice for Haven at Apache, a new mixed-use developmetn including commercial (fitness center with public access) and multifamily, consisting of 182 units within a 3-5 story building on 2.86+ acres, located at 1916 E. Apache Blvd...

Hockey arena has mostly taken shape. It's sort of oddly non-descript, but I can't complain:



Dirt is moving nearby on the next Novus apartments, next to the hotel:

[skiesthelimit]

Can anyone screen grab the facebook post shared by Mr.RE for South Pier for those of us without facebook lol?

[CrestedSaguaro]

Originally Posted by skiesthelimit

Can anyone screen grab the facebook post shared by Mr.RE for South Pier for those of us without facebook lol?

Here ya go:

[azsunsurfer]

What are the chances that project gets entitled and built before the Pier is finished lol

[skiesthelimit]

Originally Posted by CrestedSaguaro

Here ya go:

whoah… if that comes to fruition, that’ll be insane. Kind of gives me Vancouver vibes. There’s still the parcels fronting Rio as well, will be interesting and exciting to see how dense this area gets.

[ASU Diablo]

Originally Posted by Mr.RE

There's a new project in planning/entitlements review on the development tracker on the city website for "South Pier at Southbank - Mixed use". Not sure what that may be, the address it gave was 1131 E. Vista Del Lago Dr. which looks like it's the developer that began negotiating with the city a few years back on the RFP: https://azbex.com/developer-chosen-for-tempes-pier-202/

Looks like we might see a plan for the full buildout of these parcels coming soon! The market is ripe for this kind of development. I'm curious to know who the group is.

PBJ has an article up

The south bank of Tempe Town Lake could see a major new development near an already booming construction area.

A $1.8 billion mixed-use development is planned for 1190 East Vista Del Lago Drive, south of the lake and north of the former Karsten Golf Course. The project is in the early stages of hearings with Tempe City Council, which adopted a notice of intent to enter into a retail development tax incentive agreement with the developer at its Dec. 9 meeting.

That step is required by statute before moving forward on approving the development agreement or any more substantive approvals, Maria Laughner, economic development program manager for the city of Tempe, said.

The development agreement with the developer, South Pier Tempe Holdings LLC, an entity of McBride-Cohen Management Group, is expected to be before Council in mid-January.

Some of the basics of the project include 600,000 square feet of class A office space, 2,300 for-rent apartment units and 160 for-sale condominium units, 111,000 square feet of retail, 520 hotel rooms and central green areas for pedestrians.

The development will be built on 12.43 acres in seven phases over 15 years, according to the city of Tempe.

https://www.bizjournals.com/phoenix/...town-lake.html

[CBar]

https://www.abc15.com/entertainment/...plan-to-retire

House of Tricks in downtown Tempe to close after three decades, owners plan to retire
They plan to stay open through June 2022

... The restaurant property was sold to new owners on Wednesday, Dec. 15, and the Tricks will lease the property from them for the next six months
...
The new owners were not identified and the future of the property is still being finalized

[muertecaza]

Originally Posted by CBar

https://www.abc15.com/entertainment/...plan-to-retire

Good for the owners, sad for the rest of us. My favorite restaurant in Tempe. This is one property I hope does not get redeveloped. It provides nice variety to the surrounding high rises.

[xymox]

Not sure if its been mentioned - but it will sure be noticed in a few months after another logo goes up - but Carvana has taken another whole building from State Farm at Marina heights. Building 4 (9 floors) is now theirs along with building 1 (8 floors). That’s 17 floors - where each floorplate seats about 250 people.

This is on top of the 4 two floor buildings they have scattered around Rio Salado and Priest - and an undisclosed number of floors they are taking at a building located near I-10/Broadway.

They really should just build a pair of 50 story signature towers downtown at this point. Not sure why they want to have everyone scattered around like this.

[Obadno]

Originally Posted by xymox

Not sure if its been mentioned - but it will sure be noticed in a few months after another logo goes up - but Carvana has taken another whole building from State Farm at Marina heights. Building 4 (9 floors) is now theirs along with building 1 (8 floors). That’s 17 floors - where each floorplate seats about 250 people.

This is on top of the 4 two floor buildings they have scattered around Rio Salado and Priest - and an undisclosed number of floors they are taking at a building located near I-10/Broadway.

They really should just build a pair of 50 story signature towers downtown at this point. Not sure why they want to have everyone scattered around like this.

They are planning to build a suburban campus at Priest and Rio so this is Temporary office space.

[xymox]

Originally Posted by Obadno

They are planning to build a suburban campus at Priest and Rio so this is Temporary office space.

I happen to know that this is not temporary - this is a 10 year lease.

[IndyAZ]

Sorry for quality, was driving down 202. East tower is working on 13th floor and West tower is on 9th.

[ASU Diablo]

Tempe continues to kill it and is on fire

https://www.bizjournals.com/phoenix/...-100-mill.html

Amazon.com Inc. is planning to hire an additional 550 people in Tempe and has already expanded its office footprint in a brand-new office tower there.

The e-commerce giant expanded its lease in 100 Mill, the office tower in Tempe being developed by Cousins Properties and Hines and is set to complete construction in the first quarter of 2022.

Amazon had previously pre-leased 95,000 square feet in the building, and announced Tuesday it had expanded by 63,000. The company plans to occupy the initial 95,000 square feet in the first half of 2022 and the expanded space in the second half of the year.

Cousins Properties also announced Tuesday that San Francisco-based LiveRamp, a technology firm, leased 32,000 square feet at 100 Mill and plans to hire for 100 positions and have several executive leaders in the Phoenix market.

The two leases bring 100 Mill to 80% pre-leased ahead of delivery.

[Spitfiredude]

So there’s gonna be a big Amazon sign slapped on top of the building. Tempe has a pretty diverse sign line up. Everything except big banks. Makes the city look like a tech hub. Anyway, I’m surprised Pier 202 office hasn’t found a tenant yet to start construction.

[skiesthelimit]

Beam crane at night is gorgeous.