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Originally Posted by muertecaza
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Its nice to see construction happening on these three projects. Once the Revelry construction kicks off in the spring as seems to be the plan, that will be four of the six downtown high rise projects that were introduced during the very busy spring/summer of 2023 being in the construction phase (The Samuel, Astria, 7th Street Residential, and the Revelry). Im including 7th Street here as they actually presented their PAD to the historical preservation committee in 2023 with full renderings and everything, even though the process surrounding the historical structures ended up taking until 2025 to resolve. The remaining two are 16 East University (which would replace the Tempe Town Centre office building and parking structure which used to hold the old Wells Fargo branch) and Skye Tempe (NW corner of University/Myrtle, which is shovel ready now but used to be the Salvation Army worship center). Both of these projects have had activity as recently as 2025 in the form of minor PAD/DPR amendments etc so neither project seems dead, I imagine these two are both waiting on financing. Notable that Shady Park which was part of the noise ordinance controversy ended up shutting down last August, so I wonder if either developer has been thinking about purchasing that lot of anything like that and modifying their project. Either way it would be great to see movement on these two in the near future.
Moving to a different area of town, the developers for Sterling Tempe recently filed for building permits.
https://epermits.tempe.gov/CitizenAccess...0A3&agencyCode=TEMPE&IsToShowInspection=
As a reminder, Sterling Tempe is an approved 5 story 256 unit (755 bedroom) multifamily development proposal at the SE corner of Lemon and Terrace (currently the site of the University Valley apartments + the dirt lot to the east of the complex). This isnt a huge step up in height (4 stories to 5) but its a big step up in density (115 total units to 256 and probably a higher bedroom/unit ratio) and it will definitely be good to replace the structure which was constructed in the 60s. This proposal was part of a big rush of proposals in this area back in 2023/early 2024 along with Verve Tempe, the Rambler, and the Marshall (all of which are planned to complete construction this summer) as well as the Vale Student Housing project which is planned at the current site of the Moxy Tempe but hasn't had any recent updates. I guess for Sterling Tempe the timing is weird because University Valley apartments is primarily student housing so I imagine most of their leases end in the summer, but maybe the devs are just applying very early. Either way, once again its good to see movement on this and I guess its nice that the University Valley apartments (a relatively large complex among the old student housing stock in the area) isnt being taken out of the inventory until a huge influx of new projects in the area (Verve, Rambler, Marshall) are complete.