A couple notable items from upcoming meetings: Renderings are now available for the revised 250 Rio project in next weeks DRC meeting.
https://tempe.hylandcloud.com/AgendaOnline/Meetings/ViewMeeting?id=1750&doctype=1
As a reminder this is the parcel at the NE corner of the Rio Salado/Ash Avenue roundabout (next to Tempe Beach park) and in 2023 this was approved for a 14 story office building. We'll the commercial real estate market never recovered so now they are switching gears and applying to build a 16 story, 110 unit condominium high rise. As part of the project they are restoring some elements of the historic Ash Avenue bridge abutment on the east side of the site, they were planning to do this in the last iteration of the project as well. I think renderings look nice enough (maybe not as unique as the proposed office building was!) and its interesting to see a developer opt for condos, fairly rare in recent years. I think residential is a good fit for this parcel though. As an aside, in the letter of explanation for this development the developer mentions 100 Mill (which they also developed) and in this they mention the planned 100 Mill hotel, so it at least seems that project isnt completely dead lol.
No really big items on the agenda for this week's city council meeting except the developers for the Marshall have once again asked for a continuance on the approval for the Phase 2 of this project, this time until the April meeting. This means that construction for phase 1 of this project will likely be completed or nearly so before phase 2 is approved. Reminder that this was originally scheduled to have its 2nd council meeting in August but there was pushback as residents in the neighborhood south of the development were worried about 1) traffic flow on Spence and 2) the building facade being too tall on Spence. Im not sure what the holdup is but it seems the developer either isnt budging or just isnt focusing on this right now. As a reminder Phase 2 of this project would be directly south of Phase 1 and would be 105 units, 7 stories of student housing replacing the current 3 story Tempe Palm apartments.
https://tempe.hylandcloud.com/AgendaOnline/Meetings/ViewMeeting?id=1794&doctype=1