Rendering courtesy of Subtext
By Tempe Independent
Subtext, a national student and multifamily housing developer, announced June 25 that it will start construction for the development of Verve Tempe, a 15-story student apartment community within walking distance of the Arizona State University campus at 1011 E. Orange St.
Verve Tempe will open in fall 2026 and is Subtext’s second project in Tempe, having delivered Canvas in 2021, a press release stated.
The 240-unit, 479,388-square-foot community will offer a mix of studio, one-, two-, three- and four-bedroom layouts, totaling 769 beds, providing residents with walkability to campus and nearby retail and restaurant attractions, as well as proximity to the Valley Metro Lightrail.