Downtown Tempe Lofts & Condos

If the Dunkin’ Donuts slogan is true that “America Runs on Dunkin’”, then it appears “Mill Avenue Runs on Dunkin’” now too!
Quietly opening a few weeks ago, Dunkin’ Donuts is a great addition to the Mill Avenue District and the tempe urban scene.  Offering a quick, in and out, self serve option for those on the go, Dunkin’s staples are donuts and coffee.  But, one can also enjoy a small selection of bagels and cream cheese (a good option previously missing on Mill Avenue) as well as muffins, specialty coffees, etc.  The best part of Dunkin’ Donuts is their prices.  Compare “DD” with other coffee shops and prepare to be pleasantly surprised!

The “official” grand opening event will be held on December 1st, when Dunkin’ Donuts will pay for all metered parking on Mill Avenue for the entire day.  Mayor Hugh Hallman will be sharing in the event and will be pouring coffee beginning at 6AM.

Find out more about Urban Living

“Mill Avenue Runs on Dunkin’”!

Centerpoint Condominiums is looking to receive the second and final installment of $2M of the $4.8M it was agreed to be paid in a hearing before the Mortgages Limited bankruptcy judge in December.  The developer is also hopeful that a deal will finally be done allowing for a new lender to take a “first lien” position and provide Centerpoint with the estimated $70M still needed to complete the high profile project.  If this happens, the developer believes that construction could begin again in January 2009 and buyers would be able to begin moving in as early as April 2009.

For More:
Arizona Republic Article
East Valley Tribune Article

According to the Arizona Republic, the British "Fresh & Easy Market" concept is coming soon near downtown Tempe.  If you've never seen one of these urban style, neighborhood groceries, they are a real treat.  The current plan calls for the market to take over the space that will soon be vacated by Walgreens at Broadway and Mill.  Walgreens recently built a free standing store at the Southwest corner of the same intersection.  If you want to get a sneak peak at what the store may be like, there is another Fresh & Easy already open at 425 W. Baseline Road - Kyrene & Baseline.  (Or check them out online at http://www.freshandeasy.com/)

Although we don't think the location is within a realistic walking distance to downtown, it is close enough to be our only real "neighborhood" grocery and it is definitely within biking or scooter range!

$200,000 below developer pricing!  Are you kidding?
Very aggressively priced... try to find a better bargain at Bridgeview at Hayden Ferry Lakeside... it would be hard to find a better deal available at Bridgeview!

Beautiful, new, first class development. With it's 2 Bedrooms, 2 bathrooms, plus laundry room-it has everything a city resident could want... and then some! Too many upgrades to list, but includes stainless steel appliances and storage space in garage. Also includes a 111 sf of balcony space with spectacular views of Tempe Town Lake. Sit back & enjoy the sailboats skim across the lake or walk to Mill Avenue's shops and restaurants, the future light rail, ASU, & enjoy everything Downtown Tempe has to offer! Aggressively priced at $679,000

THIS IS THE LOWEST PRICED 2 BEDROOM AT $200K BELOW DEVELOPER PRICING!
SELLER IS MOTIVATED AND WOULD LIKE TO CLOSE ESCROW SOON.

CLICK HERE FOR MORE PHOTOS!

CLICK HERE FOR A VIDEO TOUR!

Tom Tokoph
Urban Living Broker
Urban Realty & Development
602-549-9000

http://www.UrbanRealtyAZ.com

Congratulations to the Lofts at Orchidhouse at the Brickyard on Mill, which were recently announced as one of the best places to work by Phoenix Magazine!  Keane Creative, one of the creative live/work tenants at the Orchidhouse were selected as one of the "Best Places to Work" in the "Super Small" category.  See the full article below:

PHOENIX MAGAZINE

Author: Ginger S. Eiden
PRINT Issue: November, 2008, Page 110

SUPER SMALL
Keane Creative
keanecreative.com
In an industry that thrives on the concepts of young and hip, Keane Creative is truly leading the pack. The Tempe-based marketing design firm was founded by 25-year-old owner and Arizona State University alumnus Russell Perry (this helps the young vibe quite a bit) and prides itself on a smart use of technology and just the right touch of social interaction – happy-hour soirees translate to client meetings and networking missions. Located in downtown Tempe’s +, Keane’s urban chic loft-style atmosphere helps employees, clients and guests let down their guards, get comfortable and, most importantly, get creative. And just to sharpen its competitive edge, the Keane Creative team plays a lot of Nintendo Wii. Founded in 2005, Keane currently has a staff of six.

With only six employees, Keane Creative in Tempe is still a baby in the market, but its loft-style office and laid-back atmosphere already make it a great place to work.

CLICK HERE to view the entire article

For more information on how you can utilize the Orchidhouse Lofts as your new live/work space - BIG OR SMALL, contact Tom Tokoph at Urban Realty & Development.  We specialize in The Lofts at Orchidhouse and would love to help you find your own creative live/work office space in the heart of downtown Tempe.

Tom Tokoph
Urban Living Broker
Urban Realty & Development
602-549-9000

UrbanRealtyAZ.com

The Downtown Tempe main transit center and the main stop for the new light rail as well as buses is close to completion.  We believe it will be considered a hot spot for light rail fans.  The modern architecture, set with the backdrop of "A" Mountain is truly dramatic.  Also, the main depot stop is steps away from ASU Stadium.  With the Metro light rail set to open in December of this year, all of the light rail depots are close to completion.

This just came across the Urban Realty wire and we thought all Tempe Loft & Condo residents would like to know!

Enjoy "Dinner and a Movie" Sunday nights at La Bocca Pizzeria on Mill Avenue in downtown Tempe!  Be sure to see the movie night schedule for which movies will be showing directly below.  Free popcorn, 1/2 price bottles of wine and movies start at 8pm.

Chow!

Another wonderful article about Tempe urban living appeared in this weekends Arizona Republic.  For those of us who already live the urban lifestyle it may sound a bit stale, but for those who still haven't looked into living in the heart of the city, it may be enlightening.

Click here for Full Article on Tempe New Urbanism

If you are looking for additional information on living in downtown Tempe, researching hip condos or lofts for sale or rent, please visit our website or contact us below.

Tom Tokoph
Downtown Tempe Broker
Urban Realty & Development

602-549-9000

ttokoph@mac.com

UrbanRealtyAZ.com

The Urban Realty & Development Vespa

Along with the new boardwalk/bike path currently under construction on the West side of Tempe Town Lake, a new pedestrian bridge is also planned to run over the Western dam.  The design really looks fantastic and will help complete the full "loop" around the lake that is currently missing.

CLICK HERE for more information about the Pedestrian bridge at Town Lake from the City of Tempe's Website

Hayden Ferry Lakeside has announced that the Hyatt Hotel brand will be the new operator of the previously announced "Le Meridien" hotel site along the Tempe Town Lake.  See the full news article and renderings of the Hyatt Regency Hotel at Hayden Ferry Lakeside below.

September 24, 2008

East Valley Tribune

MIKE BRANOM

A Hyatt Regency will be opening on the shore of Tempe Town Lake in 2011, Mayor Hugh Hallman announced Wednesday during his State of the City address.

The 240-room luxury hotel will be part of the Hayden Ferry Lakeside complex, located northeast of the intersection of Mill Avenue and Rio Salado Parkway.

The Hyatt also will feature 24 condominiums, a 4,000-square-foot spa and 13,000 square feet of meeting space, including a 5,000-square-foot ballroom.

Groundbreaking will take place next summer, Hallman said.

Hyatt officials said they were in the final stages of negotiations, and were holding off commenting until late next week.

The master developer of Hayden Ferry, SunCor, also declined to comment, deferring to Hyatt.

Currrently, there are 159 Hyatt Regencies worldwide, according to the company's Web site.

City leaders and the master developer of Hayden Ferry, SunCor, have been trying for years to find an upscale hotelier for that property. A deal with Le Meridien fell through this summer.