Tempe Development Thread - Page 91

PC2001 · #**1801** Posted **May 29, 2008, 8:01 PM**

What is this building?

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PC2001 · #**1802** Posted **May 29, 2008, 8:02 PM**

Centerpoint is onsale. They dropped their prices for 2-bedrooms by 150K.

vertex · #**1803** Posted **May 29, 2008, 8:09 PM**

^Where did you hear about that?

Sekkle · #**1804** Posted **May 29, 2008, 8:14 PM**

Quote:

Originally Posted by PC2001

What is this building?

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The one in the foreground? It's the new Tempe Transit Center. The one in the background with the tower crane is the Tempe Gateway Center or something like that.

HooverDam · #**1805** Posted **May 30, 2008, 3:02 AM**

Quote:

Originally Posted by PC2001

Centerpoint is onsale. They dropped their prices for 2-bedrooms by 150K.

Wow, any additional details on this would be great.

urevnet · #**1806** Posted **Jun 4, 2008, 5:42 AM**

Hi everyone, I know I haven't ever posted on this forum before, but for the last few years I've peaked in on it every now and then to see what people are talking about. Let me formally introduce myself! My name is Ryan Charleston and I'm with Urban Realty & Development in Downtown Tempe. Been working with them for nearly 3 years now. I graduated from ASU in 2005 and have lived in and/or near downtown Tempe since 2003. I've witnessed a lot of changes happen in the downtown market over the past 5 years and in many cases predicted much of what has happened with infill and redevelopment. I didn't think the downturn would be as drastic as it has been, although it appears the worse will be over by years end. It probably won't be very stable for at least another year! In any case I think downtown Tempe will survive and be in much better shape than most of the outer lying suburban and exurban communities for obvious reasons. There's still many projects moving forward in or near downtown Tempe and the fundamentals are still very good! Financing just has to come back.

Anyways, hopefully I'll find some time in my hectic schedule to post on here random information about Tempe urban developments, plans, sales figures, research, stats, articles, etc. and make whatever contributions I can.

When you get a chance, please check out my custom website (www.urev.net) and my database (www.suredb.com) that (when finished) will be THE most comprehensive and user friendly database/website dedicated to Arizona urban living and real estate development ever created!

Also, here's a recent video on Tempe I just finished. Enjoy!
http://www.youtube.com/watch?v=Vw5OrNwUNGA

Oh, and if anyone wants killer deal on a Centerpoint Condo unit let me know! I've got a special exclusive deal (arranged between our company and Avenue Communities) on selected units. I can't spell out specifics on this board, but if you contact me we can discuss further!

HX_Guy · #**1807** Posted **Jun 4, 2008, 6:22 AM**

Cool website, I like it.

Don B. · #**1808** Posted **Jun 4, 2008, 2:06 PM**

Welcome to the forum, Ryan.

I'll check out your video and website when I have some time.

--don

vertex · #**1809** Posted **Jun 4, 2008, 2:55 PM**

Quote:

Originally Posted by urevnet

...Financing just has to come back...

Bingo. Until then, nothing else really matters.

Interesting first post Ryan. Look forward to hearing more. Just ease up on the sales pitch, you're preaching to the choir here...

urevnet · #**1810** Posted **Jun 4, 2008, 6:09 PM**

Thanks for the comments!

Also, some of you may already know that Mosaic is delayed a year (actually more like two since they should have already started construction) and it will be broken into phases. Whole Foods is committed and the financing is definitely in place to start building the grocery store, retail space fronting Ash & University, parking, and 6 stories of condos. That starts 1st Quarter 2009!

The tower condos going from the 7th - 22nd floor will be phase two and it's anyones guess when they will start building that.

Centerpoint's gourmet grocery store I heard is definitely a go too, and should be done and ready to serve by years end regardless of what's going on with the condo sales and construction. Add in a CVS to Mill & University which should be ready before the fall semester starts and you are starting to get some vital elements into downtown Tempe!

flyer84 · #**1811** Posted **Jun 4, 2008, 8:18 PM**

I just have one question. According to Whole Foods website, the new downtown Tempe location in Mosaic says it's a "relocation". Does this mean that the Whole Foods on Rural and Baseline will be closing??

Quote:

Originally Posted by urevnet

Whole Foods is committed and the financing is definitely in place to start building the grocery store, retail space fronting Ash & University, parking, and 6 stories of condos.

exit2lef · #**1812** Posted **Jun 4, 2008, 9:19 PM**

Quote:

Originally Posted by flyer84

I just have one question. According to Whole Foods website, the new downtown Tempe location in Mosaic says it's a "relocation". Does this mean that the Whole Foods on Rural and Baseline will be closing??

That's what I've heard.

urevnet · #**1813** Posted **Jun 5, 2008, 5:47 AM**

No, actually, from what I was told last, the Whole Foods at Mosaic is in addition to the one on Rural. They will have two in Tempe!

loftlovr · #**1814** Posted **Jun 5, 2008, 9:10 AM**

Ryan, that is one hell of a video! I love the choice in music.

tempedude · #**1815** Posted **Jun 5, 2008, 3:30 PM**

The area around the intersection of Apache Blvd. and Rural Rd. is developing and building up nicely. I should say changing fast.

On the NW corner, the ASU Barrett Honors College is progressing quite well. The bad part is that it looks like it will mostly be facing inwards away from the street. Apache streetside looks like there will be nothing but a big wall with windows.

Rendering of Barrett Honors College.

On the NE corner, immeditely east of Taco Bell, Campus Edge is moving along too. I am assuming thats what it still is. Most of the wrapping has been removed from the fence, but there are still a couple of signs hanging there that say Campus Edge lofts. Looks like most of the earth moving and grading is done, and construction has moved on to lots of drilling. If the design hasn't changed, I suppose we could see a crane there sometime this summer.

Rendering of Campus Edge (If thats what is still going on with the construction)

Here is what has me confused because I have not heard anything about this, nor is there anything listed on the Tempe development website.
Directly across the street from the Campus Edge site, on Apache, the old abandoned building that was right next to Baer's Den (a little bar) has been demolished. I was surprised to see that building had a rather deep basement and that has been ripped out too. Now, there is just a big fenced off hole in the ground. My question is, has anyone heard of any plans for that site? There isn't any indication of what might be going on there at the site. Something must be, because that building sat empty for at least 3 or 4 years that I know of...and now they just suddenly decide to tear it down?

exit2lef · #**1816** Posted **Jun 5, 2008, 4:22 PM**

Quote:

Originally Posted by tempedude

The area around the intersection of Apache Blvd. and Rural Rd. is developing and building up nicely. I should say changing fast.

I agree. I really like the street-narrowing along Apache with parallel parking creating a buffer between pedestrians and cars. There's also some action at Apache & McClintock with a new apartment complex and light rail park-and-ride garage going in on the SE corner.

tempedude · #**1817** Posted **Jun 5, 2008, 5:30 PM**

^Yes, I like how they have added parallel parking along Apache too. In addition to the park n ride garage (and light rail station) and new apartments under construction at McClintock and Apache...there is a whole new large apartment complex just starting construction further east down Apache across the street from the Arbour(s) apartment complex.

It looks like there is redevelopment and new development along Apache being spured along by the installation of the new light rail line. I took a bike ride all the way to downtown Mesa the other day, and noticed several instances of this along the route.

loftlovr · #**1818** Posted **Jun 5, 2008, 6:36 PM**

I believe Campus Edge is being changed for student housing and/or an upscale apartment complex if memory serves me.
I hope the design doesn't change much. I am sure the interiors will be dumbed down quite a bit, but I hope the exterior stays similar.
-Would be nice to keep the concrete ceilings inside too.....
I would have loved to have been able to live in such a place when I was an ASU student. (not that I would have been able to afford it)

urevnet · #**1819** Posted **Jun 6, 2008, 4:38 AM**

Thanks loftlovr! Yea, Tiesto's music fits well into the production of a video on modern city living and downtown stuff...my videographer and I have another one we're working on right now for Downtown Scottsdale! Just saw Tiesto in concert last Monday night at Marquee!

As for the Campus Edge Lofts, yes, you're right that is going to be student housing now. I don't know too much other than that, but I do have 1 new rendering on my site (1st image) seen here...
http://urev.net/arizona-urban-living/tempe/tempe-asu/campus-edge-lofts

Looks like they're going 10 stories tall now!

tempedude · #**1820** Posted **Jun 6, 2008, 7:09 AM**

Quote:

Originally Posted by urevnet

As for the Campus Edge Lofts, yes, you're right that is going to be student housing now. I don't know too much other than that, but I do have 1 new rendering on my site (1st image) seen here...
http://urev.net/arizona-urban-living/tempe/tempe-asu/campus-edge-lofts

Looks like they're going 10 stories tall now!

So, ummm...cool. Campus Edge is now going to be a little taller now over the previous design.{?} At the rate they are moving with construction right now, it will definitely be sometime this summer (before August would be my guess) that we should be seeing a crane on site.