Onyx At Tempe Town Lake

A 22-story condo tower called Onyx is being planned for the north side of Tempe Town Lake near the Loop 202 and Scottsdale Road.

WestStone, the developer, expects to submit formal plans for Onyx to the city of Tempe in a few weeks. The project is expected to have about 200 units and would start in the $400,000's.

WestStone is also developing the Northshore condo project on the east side of Scottsdale Road at the Loop 202.

Jay Butler, director of the Arizona Real Estate Center at ASU said "Right now, it's a popular area because downtown Tempe is being pushed, but there's a limit to those things." Butler said that he wouldn't be surprised if a fair number of ASU students with wealthy parents end up living in them. More...