Tempe – The last 58.56 acres within the 350-acre Papago Park Center in Tempe could eventually hold 3 million sq. ft. of newly built office, hotel, residential and retail buildings if the owner of the land is successful in obtaining a planned area development overlay amendment for the site. Papago Park Center Inc., which is owned by Salt River Project, has filed an application in Tempe to develop the prime acreage in a development being called The Grand at Papago Park Center. According to a narrative filed in Tempe, the applicant is proposing to develop 19 buildings and 7 parking structures on the site. At build-out, the project is proposed to provide more than 2 million sq. ft. of office space, 600 hotel rooms, up to 850 multi-family units, 27,000 sq. ft. of restaurant space and 7,000 sq. ft. of retail uses. Continue reading:
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