Another large commercial building project is about to break ground in the city of Tempe at the super swanky Hayden Ferry Lakeside complex. Currently, Hayden Ferry consists of two luxurious business towers and two residential towers known as Edgewater and Bridgeview.
The towers at Hayden Ferry are one of the most prestigious addresses in the valley and one of the premier places in the Southwest for companies looking for class A office space. Hayden Ferry is currently home to companies like Microsoft, KPMG, Smith Barney and many more. In fact, I think it was 2008 when Fidelity National Title relocated to Hayden Ferry from 24th St and Camelback. Senior management at Fidelity tells me that they have been VERY happy with their move into such a beautiful building in this awesome environment. Fidelity has the entire 11th floor of Tower 2 at Hayden Ferry, with some of the best views imaginable.
The new 10-story, 245,000 square foot, Class A office tower will be located at the NE corner of Mill and Rio Salado Parkway. Per Tempe.gov, the building finishes will incorporate the notable cobalt blue glass, aluminum panels and horizontal mullion expression of the window system. The landscape and hardscape materials will be consistent with what has already been established previously with the metaphoric stream, blue paving, completing the design as originally conceived.
Much was discussed today about the creation of jobs and the state of the market in the area. A lot of people in suits were practically high-fiving each other with excitement about the project. Many of us believe that the real estate market has seen a bottom. Now that the “big boys” are starting to step up and build again, it’s a clear sign that things have turned for the better.
“Hayden Ferry Lakeside was the first mixed-use development in downtown Tempe and the first development to build here at Town Lake. It’s appropriate that once again, the development once again leads the high rise construction industry,” Tempe Mayor Hugh Hallman
Developers at today’s press conference seemed to feel as if the towers will fill quickly and construction is set to begin by year’s end per AZCentral.
Given the super-cool location of Hayden Ferry, there will soon be more people “Rockin’ the Rail Life!”