September 19, 2024 10:17 am
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Developer finds site for next East Valley industrial park

Photo via Evergreen Devco Inc.

By Ron Davis | Phoenix Business Journal

A little over a month after acquiring an infill site in Tempe, Evergreen Devco Inc. is ready to start a wholesale conversion.

The existing 157,000-square-foot building will soon be demolished. Once the site is cleared, Evergreen will build a pair of spec industrial buildings totaling 171,025 square feet as well as 65,578 square feet of outdoor storage space on the southeast corner of 48th Street and Alameda Drive. The industrial park will be known as Tempe 48. 

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