New restaurants headed to ASU as part of “Novus Place” development

Jeremy Duda of AXIOS Phoenix reports on the latest happenings at Novus Place with an interview with Charley Freericks of Catellus Development Corporation.

“There’s a lot of activity along Rural Road as the latest portion of Tempe’s transformational Novus Innovation Corridor is expected to finish construction by the end of the year.

The big picture: The campus-area corridor project is a walkable collection of housing, office, retail and restaurants primarily along Rural between University Drive and the Tempe Town Lake waterfront. The innovation corridor project includes Novus Place, a new retail and entertainment district…”

Read the full story HERE.

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Over 275,000 sq ft of retail space for dining, shopping, and entertainment. Situated on Tempe Town Lake and within walking distance to ASU's major athletic facilities.

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Novus is a public/private partnership between
ASU and Catellus Development Corporation.

As master developer, Catellus will work collaboratively with ASU to implement the Novus Innovation Corridor design and install required infrastructure, market development opportunities to the commercial real estate community and end users, and manage the community as it develops, on behalf of ASU.