Mixed-use development plan advances at Tempe Town Lake

Mixed-use development plan advances at Tempe Town Lake, an article from The Arizona Republic, reports that Scottsdale-based Wolff Co. is moving forward on a mixed-use project at Tempe Town Lake that eventually could house 3.6 million square feet of residential, office, retail and hotel space. Spokesman Nick Quan said actual construction at South Bank will likely start in early 2009 and take place over eight years. The developer is planning for 2.2 million square feet of residential development, 889,000 square feet of office space, 260,000 square feet of retail and 170,000 square feet of hotel space. Plans also include a central plaza, boardwalk, pier and park that would connect the project to Mill Avenue. Quan said the first phase will include about 400,000 square feet of office and residential, which will include a combination of condos and apartments.