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Phoenix developer proposes office, hotel towers for Tempe train depot site

Tempe Depot.png
Posted at 9:08 AM, Nov 02, 2020

The developer behind Block 23 and CityScape in downtown Phoenix is planning the redevelopment of the Macayo’s Depot Cantina in Tempe, to include two towers and what may be the first Valley building to act as a bridge over light rail tracks.

Phoenix-based Red Development is planning to build a 17-story office tower totaling 319,000 square feet on the northern portion of the 2.5-acre site near Third Street and Ash Avenue, which is bisected by the light rail tracks, according to plans submitted to the city of Tempe. Plans call for constructing the two towers around and over the light rail tracks, creating a space where the train will travel through the buildings.

A spokeswoman for Valley Metro, the public transit authority, said on Oct. 30 that there are currently no areas in the Valley where the light rail is bridged by a building, effectively allowing the train to travel through it. A spokesman for Red Development didn't immediately respond to a request for comment.

For the second tower, Red Development is planning an 18-story, five-star, full-service hotel with up to 280 guest rooms, according to city documents. The hotel tower also will include 9,400 square feet of conference space, 15,225 square feet of street-level indoor retail and restaurant uses and 4,000 square feet of outdoor dining space on the ground floor. The eighth floor will have an amenity deck with a pool that will connect both towers.

Read more of this subscription-only story from the Business Journal.