By YourValley
Greenlight Communities, a Scottsdale-based developer, has closed on its first community in south Tempe.
Situated at the southwest corner of Guadalupe and Kyrene Roads, at 515 W. Guadalupe Road in Tempe, Cabana Kyrene is to offer the local workforce much-needed attainable rental housing, according to a release.
Construction is set to begin on Cabana Kyrene, which is to offer 229 residences spread across six three-story buildings.
“Tempe desperately needs housing developments like Cabana Kyrene to accommodate the needs of our community members and keep more of them living, working and recreating right here in the city,” Tempe Mayor Corey Woods said in the release. “Cabana Kyrene’s 229 new residences will not only support our local workforce, but also provide much-needed relief for families and renters who’ve long been priced out of local markets.”
