I picked up a few Tempe items after hearing Steve Betts, SunCor's president, speak at a conference last week:
* The third Hayden Ferry Lakeside tower is in permitting, and construction is supposed to begin this summer. SunCor's moving ahead so quickly because the second HFL tower is already 75% leased. The third tower will have the "Times Square" media effect that has been discussed in the Business Journal-- it sounds as though there'll be space on the portion of the building facing Mill Avenue for what will be about a 10-story electronic advertisement that can also function as a New Year's Eve "ball-drop" point.
* Le Meridien Hotel is to start construction in May.
* ASU has hired SunCor to develop ASU's property that faces the lake and sits on the south side of Town Lake between HFL and Rural Road (I think this is Lot 59 that was referred to a couple posts up). The development is to be known as "Marina Heights," and will be primarily office and retail, with heights somewhat exceeding the HFL structures (so I'm guessing in the 12-15 story range).
While HFL is not perfect, it is one more reason why Tempe continues to set the standard in the Phoenix area for urban development. (Who needs the crappy Cardinals anyway?)
http://downtownphoenix.blogspot.com