The Phoenix area is experiencing a surge in apartment growth with the Tempe City Council approving two mixed-use developments that will bring on 470 units. The Marshall at Tempe and Skye Tempe will include 189 and 281 units respectively, as well as 6,650 square feet of commercial space for a retail “market” at Skye. Additionally, The Marshall includes plans for a 72-key Sleep Inn & Suites hotel.
At its Sept 28 meeting, the Council is expected to approve three more projects which would add another 1,086 units: Apache Square (167 planned units), 211 E 7th Street (380 planned units) and 955 East Mixed Use (539 planned unit). This brings the total number of new apartments approved by Phoenix City Council this past week to nearly 1,900 – an impressive addition to their already breathtaking apartment growth rate.
