November 17, 2024 9:23 am
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Construction begins on massive State Farm development in Tempe

Construction began Wednesday on the 2 million-square-foot State Farm Insurance regional headquarters just north of Sun Devil Stadium on the banks of Tempe Town Lake.
Construction began Wednesday on the 2 million-square-foot State Farm Insurance regional headquarters just north of Sun Devil Stadium on the banks of Tempe Town Lake.

By Erin Roman | Phoenix Business Journal

Construction began Wednesday on the 2 million-square-foot State Farm Insurance regional headquarters just north of Sun Devil Stadium on the banks of Tempe Town Lake.

The $600 million facility, dubbed Marina Heights, is being developed by Ryan Cos. and Scottsdale-based Sunbelt Holdings and will be the largest office development in state history. The Business Journal first reported on this development in February before it became public in May. We also wrote an in-depth piece on the development that you can see here.

The developers, along with State Farm Senior Vice President Mary Crego, Arizona State University President Michael Crow and state leaders, unveiled renderings of the project Wednesday morning during a celebration of the groundbreaking at Sun Devil Stadium.

Construction: 

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Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.