25-Story Apartment Tower Proposed for Busy Corner of Tempe; Other Real Estate Deals to Know

Article originally posted on Phoenix Business Journal on March 30, 2023

A 25-story apartment tower is proposed for the northeast corner of Mill Avenue and University Drive in Tempe.

Included in the proposed project are 453 apartment units and 3,800 square feet of commercial space on the ground floor, according to developers CA Ventures and Wexford Developments and their land-use attorney, Sendor Associates, which presented the 16 East University project to the Tempe Development Review Commission on March 28.

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