For the latest news, information and resources on Tempe’s coronavirus response, please visit

joe grana
Alex Harris 1300

Prime Business Destinations

Press Enter to show all options, press Tab go to next option

Tempe is like no other city and as such, has opportunities to locate businesses in an urban, transit-oriented and historic downtown, along our lakefront, in one of our many corporate campuses, at a state of the art research park or adjacent to the nation's largest university. Check out some of them.

Light Rail Corridor

Tempe is the only Arizona city with light rail from border to border. Light rail moves from the city of Mesa, along Apache Boulevard through downtown Tempe, across Tempe Town Lake, and heads into Phoenix. This multi-modal area offers many different development opportunities for large and small businesses.

Additionally, the city is adding a streetcar route along Rio Salado to create improved connectivity on that corridor. The Tempe Streetcar will connect downtown Tempe to ASU and Tempe Marketplace and Smith Industrial Innovation Hub.

ASU Research Park

The 320-acre ASU Research Park offers its corporations a professional business environment, with mature landscaping and three lakes covering 18 surface acres. Recreation facilities include more than 6 miles of surfaced jogging and bike trails, picnic ramadas and three lakes. Park corporations are offered access to many university services, such as ASU Technical MBA program on site, cooperative research opportunities and patentable proprietary research contracts. Corporate neighbors include Edward Jones, ASU Flexible Display Center, Solterra Solar Cells and dozens more. Space is available for development. Contact or visit

Discovery Business Campus

This 135-acre business park at the northwest corner of Elliot Road and the Loop 101 will offer approximately 2.5 million square feet of office and light industrial space. Corporate neighbors include Freescale Semiconductor, Northern Trust and Shutterfly.

Tempe Town Lake

Why not work at one of your favorite places to play? Second only to the Grand Canyon as a publicly-owned destination, Tempe Town Lake is visited by more than 2.5 million people annually. Beyond the special events and recreation, Town Lake offers many development opportunities along its shores, as well as Class A office space. It neighbors Sky Harbor International Airport, the 2,000 acres of Papago Park and Mill Avenue. New opportunities await with I.D.E.A. Tempe, the new technology campus at Tempe Center for the Arts.

Emerald Center

Land is available at Emerald Center, located at I-10 and Warner Road in south Tempe. This prime retail and commercial space is already home to Arizona's only IKEA, Dick's Sporting Goods, Eurway, Holland Boone, Lifetime Fitness, Arizona Patio, Tres Amigos, Total Wine and many others. Details

Fountainhead Corporate Center

Fountainhead Corporate Park is a 170-acre mixed-use project currently containing approximately 1 million square feet of office space and a 270-room resort. A 308-unit Mark Taylor apartment project is adjacent to the site. Corporate neighbors include University of Phoenix, East Valley Tribune and more. 

Papago Park Center + SRP Grand

Located in the geographic center of the Greater Phoenix Metropolitan Area, right at the junction of two freeways, Papago Park Center offers both available land for development as well as existing office buildings. The development is home to Fortune 500 companies as well as smaller companies. The SRP Grand site is a 58+ acre site at the base of Loop 202 and Washington, just minutes from downtown Tempe, downtown Phoenix and Sky Harbor International Airport.

Watermark Tempe

Watch a video. The Watermark will be the first high-end mixed-use project featuring class A office buildings, great restaurants, unique shops, luxurious multi-family units, and a future hotel on Tempe Town Lake. The project will include 265,000 sq ft office space, 360 apartments, and 44,000 sq ft of retail and restaurant.  Phase two includes of 340,000 square feet of additional office space. Details

Mill Avenue District

Tempe's historic Mill Avenue dates back to the 1800s as one of Arizona's first urban areas. Some of the original buildings still exist. Bookended by Arizona State University and Tempe Town Lake, Mill Avenue offers more than 20,000 jobs, more than 100 retail shops and restaurants and dozens of annual events, such as the Tempe Festival of the Arts, Third Thursday concerts, parades and more.