By Eric Jay Toll | Phoenix Business Journal
Tempe has given the approval to a pair of lakefront towers on the former site of Monti’s La Casa Vieja at the corner of Rio Salado Parkway and Mill Avenue.
One Hundred Mill, the mixed-use Douglas Wilson Cos.-Hensel Phelps Development twin high-rises, has received final approval from the city of Tempe and is slated to break ground this year.
Although final preservation plans for restoration of the historic Monti’s La Casa Vieja is not part of this action, the development team is fully committed to a restoration of the Hayden House.
“Mill Avenue and this property are the front door to Tempe,” said Nicholas Wilson, managing director of Douglas Wilson Cos. “We’ve taken our time because of the importance of doing this right.”