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Good Novus pictures from their twitter account:
https://i.imgur.com/qlu9ghDh.jpg https://i.imgur.com/y7mAO0Uh.jpg https://twitter.com/NovusASU |
Not the biggest news from this weekend but it looks like the Fountainhead Park Summit looks like it has broken ground? Saw a water tank and equipment on site. Originally it was going to be a 14 story office tower but now its suppose to be a 4 story building with a parking garage.
A sign has been posted stating the I-10 Broadway curve project is suppose to last thru November of 2024..... Also the tennis courts next to Novus has fencing around it. Seems like their demolition is eminent for the next phase of the ground development for Novus? |
Pictures around Tempe in the past week or so.
Vib https://i.imgur.com/PKczvZoh.jpg Beam https://i.imgur.com/hAcv59Rh.jpg 100 Mill https://i.imgur.com/wMUT9Xzh.jpg https://i.imgur.com/L3KMXkUh.jpg Omni https://i.imgur.com/faZf8lWh.jpg https://i.imgur.com/R8dpIpUh.jpg |
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How tall was Omni to be again? Was it 20 stories too? Any updated renderings?
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Capacity of ASU Hockey Arena
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Didn't get a picture today, but the walls are up for the first of the Culdesac buildings
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Over 600K square feet of office, apartments among next projects at ASU's Novus corrid
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Here ya go
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The Novus Innovation Corridor, which will eventually include 355 acres of mixed-use development on the northeast side of Arizona State University’s Tempe campus, is well into the third phase of development, and several new buildings are going to start taking shape soon in the corridor. At a luncheon Monday hosted by AZCREW, Brian Kearney, first vice president of development for Catellus, the master developer of Novus, said some of the buildings in the third phase have been completed or are nearing completion, and several others will begin construction within the next few quarters. Novus is university-owned land designated as ASU’s athletic facilities district. Instead of paying property taxes, developments in Novus pay fees to ASU that will fund upgraded athletics facilities. The first two phases of Novus, the Marina Heights office development and the Sun Devil Stadium renovation, are already completed. Office, retail complex One of the next buildings to begin construction will be an apartment complex developed by Transwestern, which is planned to have about 200 “micro-units,” the majority of which will be studios, Kearney said. The six-story building is planned to begin construction in early 2022 and will be located southeast of Desert Financial Arena. The building is expected to be completed in mid-2024. Catellus is also planning to develop an office building in Novus, called 700 Novus Place. The office is planned to include 147,500 square feet of office space and 11,500 square feet of ground floor retail. Kearney said Catellus is waiting to begin construction to secure a prelease for half of the building, but construction on the six-story office will likely start in early 2022. The first commercial office building in the third phase, the 777 Tower, was developed by Ryan Cos. and was completed in 2020. The office building is nearly fully leased, with one floor remaining vacant. The office is due east of where Catellus is planning the 700 Novus Place building. The building also has ground-floor retail space, but a tenant has not yet been announced for the space. The Piedmont apartment complex, located 707 E. 6th Street, is also nearing completion, with the first tenants already moving into the building on August 13, Kearney said. The building will be completed by December, and also includes 20,000 square feet of ground-floor retail. The ground-floor retail space within the Novus Innovation Corridor will be concentrated around Novus Place, a new road that will run north and south parallel to Rural Road from University Drive to Third Street. The goal of the retail area is to create a walkable, main street district, Kearney said. Teale Bloom, associate vice president at Phoenix Commercial Advisors and one of the leasing brokers for the retail space, said many of the tenants she and her team are working with are new to market. About 70% of the retail tenants in the district will be restaurants, she said, and there are already letters of intent in place for most of the district’s key locations. The retail district will be adjacent to ASU's hockey and multisport arena that is already under construction in Novus, which is being developed by Mortenson Construction. The $115 million arena is being constructed south of Rio Salado Parkway, east of Packard Drive and immediately north of the Packard Drive parking structure. Planning fourth phase Outside of the retail district, Kearney said Catellus has identified a developer for a 340-unit apartment complex on the east side of Rural Road on Sixth Street, on a site that is currently a practice field for sports. Construction on that site is expected to begin at the end of 2022, and Kearney said Catellus had “great success” when it went to the market to solicit proposals from developers. Catellus and ASU have also begun working with Wentworth Property Co. on the fourth phase of Novus, which will include lower-rise, creative office buildings, and will be built on the former Karsten Golf Course, Kearney said. The parcel on the farthest east portion of the site is bordered by APS’s Ocotillo Power Plant and is planned to be the first location for development on the former golf course. The parcel is planned to include 450,000 to 500,000 square feet of creative office, in three- or four-story buildings. Construction on that phase is expected to begin in the fourth quarter of 2021, with planned completion in the beginning of 2023. According to ASU’s Seidman Research Institute, 33,734 jobs are expected to be created through 2035 through office, hotel, apartment and retail operations in Novus, as well as 2,000 temporary construction jobs. At completion, there will be more than 10 million square feet of office, hotels, apartments, retail and restaurants in the Novus corridor. Plans at full buildout include about 4,100 total apartment units, 1,000 hotel rooms and 275,000 square feet of retail and restaurant space. “Development within the Novus Innovation Corridor aligns with our vision of being the leading American center for innovation and entrepreneurship at all levels,” Michael Crow, president of ASU, said in a statement. “The benefits to our students, faculty, the university, the city of Tempe and the business community are already being felt – and they will only increase as other visionaries construct new buildings and facilities to provide opportunities within Novus’ framework.” |
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a few photos from this week. Love the canyon forming on 7th street.
https://live.staticflickr.com/65535/...ddcfb0e0_z.jpg Atmosphere complete, I think it looks nice. Great garage paneling. https://live.staticflickr.com/65535/...5f1b3617_z.jpg Omni out of the ground https://live.staticflickr.com/65535/...d2c45efe_z.jpg |
Nice pics RE, Tempe is just getting more dense
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Any news on these lots?
Speaking of density, it seems like most of the open space around Tempe beach park is now spoken for.
Has anyone heard any thing regarding the Tempe Mill redevelopment or the triangular lots adjacent to Mission Palms? I would think with the Streetcar stop on that side developers would soon propose infill there. https://i.imgur.com/EUjwJK5.jpg |
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