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DEVELOPMENT
OPPORTUNITIES |

Tempe Town Lake is unlike any other property in
Arizona. Nowhere else is as close to a major university, five freeways, dozens
of acres of public park space and an active, urban downtown. Nowhere else is it
possible to enjoy a business meeting aboard a boat or a round of golf with a
colleague and be at an international airport less than 10 minutes later.
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Tempe
Town Lake is a partnership between the City of Tempe, its residents and private
enterprise. The vision of Town Lake is predicated upon a dynamic mix of
residential, business use, recreation, and cultural development.
Several opportunities exist to build
condominiums, office towers, retail plazas and hotels around Town Lake. These include
SouthBank,
Grigio,
Northshore,
Onyx,
Rio West,
Plaza Del Rio, and
Hayden
Ferry Lakeside.
Interactive maps
Development at Town Lake
Hotel
development in Tempe
Public projects |
COMMERCIAL DEVELOPMENT (Office,
Retail, & Hotel)
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| Playa del Norte Lot 6 - Aloft Hotel &
Office Building |
Aloft
Hotel (Starwood hotel brand) is coming to Tempe Town Lake as part of the
Playa del Norte Development. It will be located on the north bank of Tempe
Town Lake, just east of
Rural Road. This is the last developable lot of the Playa del Norte master
plan. Based on a vision of the W Hotels, the Aloft Hotel is a very exciting
urban hotel concept with modern architectural design, including “loft-like”
guest rooms. The hotel will consist of five stories and 136 rooms. Also
planned for this lot is a 2 or 3 story office building consisting of
approximately 28,000 square feet, which would be located just east of the
hotel.
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Hayden
Ferry Lakeside |
Hayden
Ferry Lakeside master-planned development will include a Le Meridie n
Hotel, approximately 350 condominiums, three high-rise office buildings, and
retail components including a spa/fitness club and myriad of high-end
restaurants. |

Le Meridien Hotel at Hayden Ferry Lakeside, will be a 183-room, 14-story contemporary styled hotel with a
European flair. In addition to the hotel, 44 residential units will be built
atop the property.
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- Hayden Ferry Lakeside Wins 2003 Building
of the Year Award
The Valley’s most prestigious organization of developers, building
owners and commercial real estate investors named
Hayden Ferry Lakeside
the Talk of the Town and Mid-high Rise Office Building of the
Year. On February 26, 2003 the Arizona Chapter of the National Association of Industrial and
Office Properties (NAIOP) awarded the development by SunCor and
Benton-Robb their two most prestigious honors.
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Rio
West |
Rio
West Business Park is a 300,000 square foot flex-office campus on a 27
acre site at the southwest corner of Priest Drive and Rio Salado Parkway
in Tempe. The site is designed as a five-building cluster of 1-story
mezzanine-capable buildings for office and light industrial uses to be
constructed in three phases. 
SunCor Development is completing the remaining 112,000
square feet of business park, which will be complete by March of 2007.
The initial phase of development is occupied by Monster Worldwide and US
Airways. For information about office space at Rio West, contact Mark
Krison (602)735-5670.
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- Rio West Wins 2005 Best of NAIOP Office Development of
the Year
Tempe Town Lake scored again, as SunCor recently won another
National Association of Industrial and Office Properties (NAIOP)
award for its work at Rio West Business Park. The business park is located at edge of
Priest Drive and Rio Salado Parkway. Rio West is a 190,000 square
foot project home to US Airways and Monster Worldwide. The
attention to detail and quality of building materials used in the
building were among the many reasons for the award.
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UNDEVELOPED PARCELS
In the future there maybe additional undeveloped parcels of land at Town
Lake. For information on undeveloped land please contact Nancy Ryan, Rio
Salado Project Manager 480-350-8625. |
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