AZBigMedia
Renderings for the new development of 100 Mill, a Hines and Cousins joint venture, have been released.
Hines, the international real estate firm, and Cousins Properties, an Atlanta-based REIT, are under contract to purchase land and develop 100 Mill Avenue. The 2.5-acre site will include a new 15-story modern office tower, and also a hotel or apartment complex on a mixed-use site at Rio Salado Parkway and Mill Avenue with construction beginning Q2 2019. In addition, Hines and Cousins will convey the soon-to-be rehabilitated Hayden House, the historic home of former Arizona Sen. Carl Hayden and later the restaurant Monti’s La Casa Vieja, to the City of Tempe to use as it wishes.
“Hines is thrilled to collaborate with Cousins Properties, well-known for high-quality projects and experienced team members, to develop a trophy office building and a hotel or multifamily complex at this iconic location. 100 Mill will continue to enhance the City of Tempe’s robust skyline and add to the area’s economic vibrancy,” said Brandon Dillingham, director of development for Hines’ Arizona office.
