November 17, 2024 9:25 am
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Development near Tempe Town Lake to bring jobs, housing, hotel

 

Salt River Project is developing 58 acres north of the Loop 202 at Priest Drive in a project called the Grand. /Photo: Salt River Project
Salt River Project is developing 58 acres north of the Loop 202 at Priest Drive in a project called the Grand. /Photo: Salt River Project

By Ryan Randazzo | The Republic

A 58-acre development in north Tempe will bring office jobs, apartments and a hotel to the area

A north Tempe development could eventually house 550 families and provide office space for 8,000 workers, officials said Monday at a celebration for the Grand at Papago Park Center.

The 58-acre development at Priest Drive and Washington Street is owned by Salt River Project, which runs its real-estate holdings in the area through a subsidiary called Papago Park Center. The Grand development is turning previously vacant land along the Grand Canal, Valley Metro Light Rail and Loop 202 into a multiuse project with offices, apartments and eventually a hotel.

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