Tempe Town Lake Seeing More New Projects

The Arizona Republic reports that Tempe took leaps forward in two key lakeside developments this week, allotting 60 days to negotiate deals on a youth sports center and a lakeside hotel complex.

If completed, the multi-million dollar Rio East site south of the lake near the Karston Golf Course could see a combination of lofts, four-star hotel rooms, shops and restaurants. The buildings would range from three to 15 stories tall. Pier 202 LLC, a conglomerate of Arizona and California based companies, is in the drivers seat to develop the site, based on proposals received by the city last year.

Another proposed development is from a Kentucky-based group who want to build a $4 million sports complex facility near Rio Salado Pkwy. at Priest Drive that would include six indoor basketball/volleyball courts. Outdoors, the complex would have six regulation soccer fields, a retail store, cafe and weight room. A youth sports complex would help cement Tempe's reputation as an amateur sports destination, said Vice Mayor Mark Mitchell. More...