260+ Room Westin Planned for Tempe

By Roland Murphy for Arizona Builder’s Exchange Tempe’s Development Review Commission will consider plans for a new 18-story Westin Hotel at 11 E. 7th St. at its Sept. 26th meeting. The project will feature between 260-290 rooms, 1,800SF of retail space, 1,400SF of restaurant and 12KSF of conference area. The total planned building area is […]

Tempe May Get Carvana Vending Machine

By Jerod MacDonald-Evoy for The Arizona Republic Tempe could become the home of Arizona’s first used-car vending machine. The vending machine would be operated by online used-car dealer Carvana, which already has one of the vending machines in Nashville. Four more are under construction in Dallas and Austin, Texas. The company has a smaller version of the concept […]

Tempe Seeks Buried Lines for Trolley Route

By Peter Cheng for East Valley Tribune Tempe officials are proposing to bury trolley wires at several points along the streetcar line. The council wants to bury lines on Mill Avenue between University Drive and Rio Salado Parkway, including the two “gateway” intersections. The streetcars would be equipped with batteries to power them along those […]

$126M Watermark to Start Construction

By Roland Murphy for Arizona Builder’s Exchange Tempe Town Lake’s latest major project – the 15-acre Watermark mixed-use development on the lake’s north side at Scottsdale Road and the Loop 202– is about to take off after nearly six years of planning, timing calculation and community interaction. The city’s Development Review Commission approved Fenix Development […]

Core Campus Buys Tempe Land for $8.4M

Source: Cushman & Wakefiled Core Campus Investment Partners, LLC has purchased approximately 0.75 acres at the SEC of 7th Street and Mill Avenue, as well as the southwest corner of 7th Street and Myrtle in Tempe for $8.4M. The Company intends to develop a high-rise apartment project at the 7th Street and Myrtle location and […]