Tempe faces groundbreaking developments, bringing ‘quality life amenities’ for residents
Jan. 4, 2018
Tempe Mayor Mark Mitchell elaborates on the upcoming developments happening in the city, including a $150 million investment into Tempe Town Lake.
The “Center of the Valley,” as Mitchell calls the city, has already been a popular area for decades. It’s home to the main Arizona State University campus and has become a technological hub during the last few years. However, it’s been missing some of the common life necessities – namely, a grocery store.
Opening sometime late this year or early next year will be a 41,000-square-foot Whole Foods located on University Drive and Ash Avenue. It will be part of a nine-story building that will also hold nearly 300 apartment units.
The north side of the Town Lake will soon be home to the 620,000-square-foot Watermark Project. The $150 million investment will go toward apartment complexes, a 250 room hotel and 64,000-square-feet worth of commercial businesses.
A “true example of a redevelopment project” according to the mayor will come to Baseline Road and McClintock Drive. The area will be reconstructed to host an AMC Theatres, Alamo Draft House and new restaurant concepts.
“Our competition is not Chandler, Peoria, Phoenix,” says Mitchell. “Our competition really is the Denvers of the world… We have created, as I mentioned earlier, the quality life amenities that residents look for.”