By Parker Leavitt | The Arizona Republic
Infighting among property owners at Tempe’s undeveloped Southbank project on Tempe Town Lake has apparently sunk plans for more than 1,000 luxury apartments near Rio Salado Parkway and Rural Road.
Texas-based JLB Partners was seeking City Council approval for two mid-rise apartment buildings on the south side of the lake, where plans for a dense, urban mixed-use center have stalled for years.