tempe real estate powerpoint
DESCRIPTION
This slideshow provides demographic and development information about the City of Tempe, Arizona that is helpful to new businesses, brokers and Realtors.TRANSCRIPT
Tempe, Arizona The Smart Place to Be
We’re different. Urban, densely populated, in the center of it all Not a sea of red tile roofs and swimming pools
Land Area in Square Miles – 40
People per square mile in Tempe: 4,050 For Arizona: 56.3
Distance from downtown Tempe to airport? 6 miles - about 10 minutes
www.tempe.gov/business
Our ResidentsYoung, Smart and Fun
161,700 residentsAverage age: 28.1 years One of the youngest in the country
High School Graduation Rate – 89.3 percent Bachelor’s Degree or Better – 41.3 percent Average Arizona rate is 26.3 percent www.tempe.gov/business
Business AtmosphereTotal number of businesses in Tempe: 16,792Workforce: 150,000+ - Importer of jobs Average commute: 20 minutes Retail sales per capita: $35,768 for TempeRetails sales per capita: $13,637 for state
www.tempe.gov/business
Core Industries Aerospace, Tourism + Retail, Manufacturing, Advanced Business Services and Technology
20 percent of all Tempe jobs are tech-based
www.tempe.gov/business
TransportationAverage commute: 20 minutes6 miles to Sky Harbor International Airport Light Rail from border to borderSurrounded by freeways on all sidesMost walkable city in ArizonaAbout 5 percent of workforce rides a bike to work
www.tempe.gov/business
What Makes Us Cool150+ Special Events AnnuallyTempe Town LakeMill AvenueColleges and UniversitiesHistoric BuildingsLight Rail Forward-Thinking Atmosphere www.tempe.gov/business
DevelopmentBorders are set – upward redevelopment, not sprawlPremium prices for land Higher density in downtown Parcels of vacant land available
www.tempe.gov/business
Commercial DevelopmentHayden Ferry Lakeside IIIDiscovery Business CampusFountainhead Corporate ParkEmerald CenterASU Research Park SRP Grand www.tempe.gov/business
ASU Research Park320-acre Research Park 45 +/- available acres for developmentTenants: Edward Jones, Solterra Solar, Texas Instruments, more
ASU Technical MBA program on siteCooperative research opportunities Patentable proprietary research contracts
3 lakes covering 18 surface acres6 miles of surfaced jogging and bike trails
www.tempe.gov/business
www.tempe.gov/business
ASU Research Park
Discovery Business Campus136-acre mixed-use office park 1.6 million square feet entitledClass A office, flex office, hospitality and retail development
166,000 square foot two-story + 133,000 square foot one-story 66,000 square foot high tech manufacturing Foreign Trade Zone designation35,000 square foot clean room
Adjacent to ASU Research Park on Elliott and Loop 101www.tempe.gov/business
Papago Park CenterSeveral existing office buildingsFortune 500 companies The Grand parcel offers 58+ acres of land for development
www.tempe.gov/business
www.tempe.gov/business
Mixed use commercial project Approximately 2 million square feet of office, retail, and hotel development approved
Papago Park Center
Fountainhead Corporate Center170 acre mixed-use project 1 million square feet of office270-room resort Mark Taylor apartment community adjacent to siteNew retail development plannedCorporate neighbors: University of Phoenix, State Farm Insurance
www.tempe.gov/business
Hayden Ferry Lakeside III10-story building on Tempe Town Lake250,000 square foot, Class A office tower Corner of Mill and Rio Salado Parkway, gateway to downtown TempePart of award-winning Hayden Ferry Lakeside development
www.tempe.gov/business
www.tempe.gov/business
Hayden Ferry Lakeside
Emerald Center140 acre site for retail, hotel, some office About 8 acres remain for developmentHome to IKEA, Total Wine, Dick’s Sporting GoodsI-10 and Elliott Road
www.tempe.gov/business
www.tempe.gov/business
Hotel Residence Inn by MarriottUnder construction – Completion early 2014173 rooms5,700 square feet retail3,500 square feet meeting space$28 million investment In the Mill Avenue District in Downtown Tempe
HomesTempe Housing Units – 73,462Homeownership rate – 46.7 percent
Multi-unit structures – 44.7 percentMulti-family units planned/under construction: +/- 4,000
www.tempe.gov/business
Multifamily HousingCabana on McClintock – 180 unitsMark Taylor – two new communities – about 600 unitsRetreat on Apache – 125 The Hub – 269 units with 22,000 square feet retailFairfield of Tempe – 300 unitsMany new apartment homes under construction or planned
www.tempe.gov/business
Contact UsTempe Economic [email protected] * www.tempe.gov/businessTwitter: @tempegov * www.facebook.com/cityoftempe480 350-4311