ADVERTISEMENT

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.

Tempe affordable rental community breaks ground March 20...

Tempe Mayor Corey Woods and Councilmembers Jennifer Adams, Nikki Amberg, and Berdetta Hodge join Greenlight Communities leadership and partners for the Cabana Kyrene groundbreaking ceremony. (Photo via Greenlight Communities)

(Photo via Greenlight Communities)

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.”

Serena O'Sullivan KTAR News Reporter and Editor

Serena O’Sullivan is a Phoenix-based news reporter and content editor for KTAR.com, where she covers local and national stories with a digital-first approach. Her reporting has appeared in major outlets including USA Today, Arizona Republic, Phoenix… Read more

Comments

1 Comments

Giuseppe Gottabigdong
Giuseppe Gottabigdong 2 years ago

There's just one word missing from this story.....affordable, of which this new community won't be...this mayor hates low-income residents..

M
Ministry of Truth they/xe 2 years ago

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.