By Adrienne St. Clair for Arizona Builder’s Exchange
Miravista Holdings, LLC has submitted a proposal to the City of Tempe to build a mixed-use project just east of Tempe Marketplace and the 2100 Rio developments, and west of the Loop 101.
The new development would consist of 260 one- and two-bedroom apartments, a clubhouse and a “Food Hall” – a restaurant/retail combo.
The 10.15-acre, two-parcel site, also located on the north side of the Rio Salado Parkway, has historically been vacant or used for industrial or storage purposes. It was previously zoned as a Heavy Industrial District, but the new project requires a significant designation change. The developer proposed the site should be designated as Mixed-Use with a Planned Area Development overlay, a Development Plan Review and a use permit for tandem parking. Approval for the zoning change was made over the summer.
