By Elizabeth Moore | Special to Independent Newsmedia
Despite public concern, a $1.8 billion mixed-use retail, housing and business recreational development is coming to Tempe Town Lake after Tempe City Council’s second and final approval on Feb. 10.
According to the ordinance, the building project to be called South Pier at Tempe Town Lake will feature office space, apartments and condos, retail, a hotel, a pier, a trail and landscaping, all within 12.5 acres.
The project will be built in seven phases across 15 years by South Pier Tempe Holdings LLC, with construction beginning by Jan. 31, 2023.
Details about the building project were discussed during the city council meeting, with many councilors in favor of the approval, while some had reservation because of public concerns.
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