Tempe, Arizona – The City of Tempe has moved forward with seeking the development of the city’s first biomedical and technology campus on 18 acres of Tempe land west of the Tempe Center for the Arts.
On Thursday, the City Council selected a partnership of three businesses to negotiate with the city on a development agreement. The selected development team – made up of The Boyer Company, SmithGroupJJR and Okland Construction – has proposed a phased project of five, 5 to 8-story buildings totaling approximately 1 million square feet, along with two parking structures with about 2,500 spaces. It also is proposed to include a restaurant, arts-related spaces such as rehearsal space and artist workspaces, and trails connecting to the arts center and Town Lake pathways.
Tempe’s Economic Development team works to attract biomedical and technology businesses because they provide high-quality jobs and contribute to community quality of life. There are approximately 15,000 technology jobs in Tempe, paying an average of $95,000 annually...