November 22, 2024 3:49 am
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Office building with waterfront views planned for Tempe Town Lake area

KTAR. Rendering / KDC.

 

KTAR

More office space is coming to the Tempe Town Lake area.

Real estate developer KDC and construction firm The Weitz Company announced a joint venture Wednesday to develop a project on Rio Salado Parkway between Rural Road and McClintock Drive on the south side of the lake.

Called Tempe Waterfront, the building will have waterfront views and up to 400,000 square feet of Class A office space.

“KDC believes now is the perfect time to bring this prime office space to the Tempe market, which is surrounded by the lively college campus at Arizona State University and the Novus Innovation Corridor,” Peter Yates, Phoenix market director for KDC, said in a news release.

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