AZBigMedia
Ushering in a new era for downtown Tempe, an exciting development for residents, businesses, and surrounding companies within close proximity to ASU, Novus Innovation Corridor broke ground for its next phase in September this year with big plans ahead.
ASU and Catellus are working with Aspen Heights to build a six-story, 262-unit luxury apartment community, and Ryan Companies will develop a Class A, six-story, 162,000-square-foot multi-tenant office building at the corner of University Drive and Rural Road in the Novus Innovation Corridor.
Novus Innovation Corridor is currently going through site improvements, utility location, and new infrastructure installation. The first office building and residential community are slated for December/January land closings, and are anticipating breaking ground in the first quarter 2019, says Charley Freericks, senior vice president of Catellus Development Corporation and master developer of Novus Innovation Corridor.
