Tempe seeks developers for mixed-use project downtown
Posted 8/7/24
An opportunity to redevelop a prime parcel of land in downtown Tempe — the site of the former Tempe Performing Arts Center — is available to companies interested in a mixed-use high-rise project.
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New Development
Tempe seeks developers for mixed-use project downtown
Special to the Independent/Arianna Grainey
Tempe is looking for a developer to build a new project at the site of the former Tempe Performing Arts Center.
Posted
An opportunity to redevelop a prime parcel of land in downtown Tempe — the site of the former Tempe Performing Arts Center — is available to companies interested in a mixed-use high-rise project.
The city of Tempe is looking for a developer to build a high-rise mixed-use project at 124 E. Sixth St. To be clear, this is not the location of the Tempe Center for the Arts on Tempe Town Lake, a city release explained.
It’s in the heart of the historic Mill Avenue district and a five-minute walk from Tempe Town Lake. The property is within blocks of streetcar and light rail lines as well as Arizona State University’s main campus. It is adjacent to the city hall parking garage and Ragsdale-MLK Park.
"Downtown Tempe consistently ranks as one of the most desired places for economic development,” Tempe Mayor Corey Woods stated in the release. “This is an exciting opportunity to significantly improve the use of this existing property to create much-needed attainable housing for our diverse workforce.”
Economic Development Director Mike DiDomenico added in the release that the city wants to partner with a developer that can provide a building designed for Tempe’s current and future needs.
“This is an opportunity for a developer to create something very special,” DiDomenico stated.
The city is looking for firms that have the background and experience to deliver a project with rental housing units designed for all income levels, office space and ground floor commercial space.
They should have experience with using the International Green Building Code for Construction and be able to ensure that the site promotes walkability, the release noted.
Because the city owns this land, there are greater opportunities to include affordable housing, according to the release. It is hoped that at least 20% of the units will be considered affordable.
This property is currently zoned City Center and is located within the Transportation Overlay District. The General Plan 2050 projected land use and residential density for the site are Mixed-Use Urban Core, which is greater than 65 dwelling units per acre.
Responses must be submitted through the city’s procurement portal at https://tempe-gov.bonfirehub.com by 3 p.m. on Sept. 16.
