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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.

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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 1 year 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 1 year 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.