PREMIER MIXED-USE DEVELOPMENT OPPORTUNITY
Kidder Mathews, as exclusive agent, is pleased to present the generational opportunity to acquire four (4) lots within the South Pier development in Tempe, Arizona.
South Pier is a proposed nine (9) lot, $1.8 billion mixed-use development approved by the Tempe City Council in 2022. The project is located on one of the last development parcels of Tempe Town Lake, on the south shore east of Rural Road. The project proposes approximately 2,300 apartment units, approximately 244,000 square feet of senior housing, approximately 520 hotel rooms, approximately 700,000 square feet of Class A office/retail, a pedestrian bridge and public pier, a lakeside open space park, and a Ferris wheel. The project is currently scheduled to be built in seven (7) phases over 15 years.
2,300
Apartment Units
244,000 SF
Senior Housing
520
Hotel Rooms
700,000 SF
Class A Office/Retail
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ADDRESS |
1200 E Rio Salado Pkwy, Tempe, AZ |
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APN |
132-32-015 |
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ZONING |
PAD |
|
OWNERSHIP |
Fee Simple |
|
SIZE |
±132,323 SF (±3.04 acres) |
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ADDRESS |
AZ NE Rio Salado Pkwy & Rural Rd, Tempe, AZ |
|
APN |
132-32-016 |
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ZONING |
PAD |
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OWNERSHIP |
Leased |
|
SIZE |
±104,370 SF (±2.40 acres) |
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ADDRESS |
NE Rio Salado Pkwy & Rural Rd, Tempe, AZ |
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APN |
132-32-018 |
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ZONING |
PAD |
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OWNERSHIP |
Leased |
|
SIZE |
±63,286 SF (±1.45 acres) |
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ADDRESS |
NE Rio Salado Pkwy & Rural Rd, Tempe, AZ |
|
APN |
132-32-021 |
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ZONING |
PAD |
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OWNERSHIP |
Leased |
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SIZE |
±113,822 SF (±2.61 acres) |
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