Tempe expands boundaries for first time since 2006

Business News | 25 Feb |

The City of Tempe is expanding its boundaries for the first time since 2006 to annex in a portion of the north Tempe county island.

The expansion of Tempe boundaries added a little more than 17 acres  located in an area south of east Curry Road, west of north Miller Road and north of east Gilbert Drive.

READ MORE: Tempe balances business and community interests with sustainable growth

The annexation will allow Tempe to make road and infrastructure improvements. A new residential development, Banyan North Tempe, is also planned.

Banyan North Tempe is a phased mixed-use development featuring approximately 650 residential units and retail opportunities. Banyan Residential is headquartered in Los Angeles. There are six Banyan Residential properties located in Phoenix, Scottsdale, Dallas and Houston. This project is designed by local architect Todd & Associates. The development partner is Milhaus.

The county island property being annexed is currently affected by substantial graffiti, litter and weeds. Some of the buildings are dilapidated. There are problems with flooding on some of the streets. By annexing the area, the City of Tempe can begin to correct these issues.

“Residents in north Tempe have been wanting to see improvements to the county island adjacent to them for a long time. By annexing this land, we can begin that work,” said Councilmember Jennifer Adams. “We are turning an eyesore into a highly desirable area. This property is just north of Tempe Town Lake and downtown Tempe. It’s just south of ASU SkySong. It is a great location.”

“This is a fantastic area to invest in for both housing and businesses and there is more opportunity available,” Economic Development Director Donna Kennedy said.

Those interested in learning more about business and investment opportunities in Tempe may reach out to Tempe Economic Development at donna_kennedy@tempe.gov or visit tempe.gov/EconomicDevelopment.

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