1,400 Apartment Units Moving Through Tempe Approval Process
The Tempe City Council will vote on three projects this week that would bring over 1,400 apartment units online if, and when approved. The Phoenix Business Journal has been tracking the three proposed multifamily communities, which are at various stages of the City of Tempe entitlement process.
The 453 apartments at 16 East University would include 100 studios, 99 one-bedroom and 254 two-bedroom units. Should the project move forward, the 16 East University project would be located on the northeast corner of Mill Avenue and University Drive in Tempe.
About three and a half miles to the northeast of 16 East University is the proposed site of the Rio 2100 Residences by San Diego-based Fairfield Residential. The developer looks to build 390 units across studios, one-bedroom and two-bedroom units.
IDM is proposing to build 566 units on the southwest corner of Priest and Alameda drives. IDM would offer studio, one-bedroom and two-bedroom units that would carry monthly rent between $1,575 to $2,200.
1,400 Apartment Units Moving Through Tempe Approval Process
1,400 Apartment Units Moving Through Tempe Approval Process
The Tempe City Council will vote on three projects this week that would bring over 1,400 apartment units online if, and when approved. The Phoenix Business Journal has been tracking the three proposed multifamily communities, which are at various stages of the City of Tempe entitlement process.
The 453 apartments at 16 East University would include 100 studios, 99 one-bedroom and 254 two-bedroom units. Should the project move forward, the 16 East University project would be located on the northeast corner of Mill Avenue and University Drive in Tempe.
About three and a half miles to the northeast of 16 East University is the proposed site of the Rio 2100 Residences by San Diego-based Fairfield Residential. The developer looks to build 390 units across studios, one-bedroom and two-bedroom units.
IDM is proposing to build 566 units on the southwest corner of Priest and Alameda drives. IDM would offer studio, one-bedroom and two-bedroom units that would carry monthly rent between $1,575 to $2,200.
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