Transwestern Development Company will break ground on a 333-unit multifamily community at Tempe’s Novus Innovation Corridor on the Arizona State University Tempe campus this month.
TDC, along with equity partners Griffin Capital and University Realty, will begin construction this month on the seven-story building located on 2.36 acres at the southeast corner of 6th Street and Rural Road, according to a news release from the developer.
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Arizona State University
Tempe, AZ 85281
480.965.2100
502 S College Ave, Ste 314
Tempe, AZ 85281
480.566.9900
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.