ARIZONA REAL ESTATE & HOUSING NEWS
Developers break ground on attainable rental housing complex in Tempe
Construction of a new affordable rental community in Tempe is officially underway after a groundbreaking event on Thursday.
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PHOENIX — Construction of a new affordable rental community in Tempe is officially underway. City officials and developers related to the project broke ground on Thursday.
Cabana Kyrene, a community located at 515 W. Guadalupe Road in Tempe, will bring 229 rental housing units at the southwest corner of Guadalupe and Kyrene roads.
The community was developed by Scottsdale-based Greenlight Communities.
Details about upcoming affordable rental community in Tempe
There will be 90 studio apartments, 93 one-bedroom apartments and 46 two-bedroom units.
Once construction is completed, these residences will be spread across six three-story buildings.
Amenities include a pool, fitness center and workspaces with Wi-Fi.
Company leaders expect the project to be completed by September 2026.
How will Cabana Kyrene expand Tempe’s affordable housing supply?
Tempe Mayor Corey Woods picked up a shovel for the groundbreaking event.
“In Tempe, over 25,000 households spend more than 30% of their income on housing, which highlights the urgent need for attainable communities like Cabana Kyrene,” Woods said in a Friday news release.
He said Kyrene Cabana will help community members grow and thrive.
“This is the first workforce-focused attainable housing development in south Tempe in over 15 years,” Woods said. “It fills a critical gap for teachers, service workers, healthcare professionals, and so many others who are the backbone of our city.”






Comments
1 Comments
There's just one word missing from this story.....affordable, of which this new community won't be...this mayor hates low-income residents..
now with this project underway, instead of 25,000 households in tempe spending more than 30% of their income on housing, it'll now only be 24,771.
corey and company are going to need only 75 or so more of these photo ops to brag about.