By Parker Leavitt | The Arizona Republic
Aging apartment complexes, vacant lots and an old motel are giving way to sleek, modern housing in the latest surge of redevelopment along Tempe’s light-rail corridor just east of Arizona State University.
The Tempe area some have dubbed “Sin City” has long been known for its loud parties, dense housing and higher crime rate, but now it’s also a magnet for millions of dollars in private investment from major national developers.
One property at a time, a neighborhood largely developed in the 1960s and 1970s is plunging into the modern era, with contemporary architecture and swanky amenities.
