If you’re looking into downtown Tempe as a place to live and/or are into the arts, take a look at this article in the Arizona Republic. It talks about the possibility of bringing a global attraction to Tempe Town Lake just west of Priest Drive on Rio Salado Drive taking up the vacant space next to the Tempe Center for the Arts.
“Elements offers an opportunity to redevelop an empty strip of the Rio Salado bank between the Tempe Center for the Arts and Priest Drive into a global arts attraction.” - AZCentral.com
What a fantastic opportunity to not only bring a truly unique attraction to Tempe (and the entire Valley of the Sun for that matter) but to also spur more development in the Farmers Avenue District.
At a REALTOR meeting last fall, Tempe Mayor, Hugh Hallman, discussed with us Tempe’s desire to create a district known as the ‘Farmers Avenue Arts District’ just south of the Tempe Center for the Arts. With the open-minded approach that Tempe is taking in it’s downtown area it appears that the Farmers Avenue Arts District is starting to take shape.
Ten years from now we may see a true urban arts neighborhood. Currently, the Farmers Avenue area is being rejuvinated with developments like the Farmers Avenue Lofts, Millstone Townhomes, Regatta Pointe Condos and 525 Tempe Town Lake Condos complete or near completion and more planned, now is an exciting time for the downtown Tempe area - especially when you factor in that this area will be serviced by the light rail starting December 27!
If you’re interested in living and investing in the downtown Tempe area contact us and we’ll set up our exclusive fusionpower search to work for you sending you updates on property listings within the downtown Tempe area - or any area you’re in which you’re interested!
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