Studio, 1-bedroom attainable units to be built near downtown Tempe

Nov 7, 2022, 4:15 AM
(Dwell Photo)...
(Dwell Photo)
(Dwell Photo)

PHOENIX — A housing development with single bedroom and studio attainable units will soon be built near downtown Tempe.

Construction for the project, Dwell: A Work @ Home Community, will begin among the Farmer Studios buildings along Fifth Street and Farmer Avenue, the city of Tempe said in a press release following Dwell’s construction kickoff on Thursday.

Once completed, there’ll be 129 studio and one-bedroom units, replacing multi-family units, according to Dwell. An official start and completion date haven’t been announced.

The units will be priced for residents making 80% to 120% of the average median income in the Valley.

Among the amenities to be included at the site include a fitness center, dog-friendly features, landscaped pedestrian areas, private meeting rooms and walkable access to the light rail, streetcar and restaurants.

The city said the development of underutilized commercial properties to reduce land and parking costs, not adding in “resort-style” amenities and building smaller units helps with keeping rent prices low.

“In Tempe, we recognize that development, business, housing and community are all critically linked,” Tempe Mayor Corey Woods said.

“Dwell will greatly help our city by bringing much-needed workforce housing to downtown Tempe. These homes will allow residents to easily commute by mass transit or even walk to work and Dwell’s location will encourage shopping and dining at local businesses in the area.”

Steve Betts, managing director for Holualoa Companies, head of development for Dwell, believes the project gives much needed resource for housing to help Tempe’s growth.

“As these Dwell communities expand to have a Valley-wide presence, they will be an important step forward in creating more housing options in the region,” Steve Betts said.

Lifetime Windows & Doors

We want to hear from you.

Have a story idea or tip? Pass it along to the KTAR News team here.

Arizona News

(Metro-Phoenix Public Affairs Council Photo)...

Christmas lights return to Latter-day Saints temple in Mesa after 5-year hiatus

Christmas lights have returned to the Latter-day Saints temple in Mesa this season after more than five years since they were last showcased.
12 hours ago
An estimated 80% of the more than 400,000 children in foster care across the U.S. struggle with sig...
Cronkite News | Chase Drumgoole

Arizona organization helps bridge gaps between foster kids and families

In Arizona, the nonprofit Aid to Adoption of Special Kids is working to help children persevere during their time in the foster system.
12 hours ago
(Salt River Fields Photo)...

Scottsdale 1 of 8 US cities hosting ‘Enchant’ holiday light maze

People can see one of the world's largest holiday-themed light events from right here in the Valley as "Enchant" is taking place at Salt River Fields at Talking Stick in Scottsdale.
12 hours ago
FILE - The Twitter logo is seen on a mobile phone, Oct. 14, 2022, in Boston. Social media platforms...
Associated Press

Musk plans to relaunch Twitter premium service, again

Elon Musk said Friday that Twitter plans to relaunch its premium service that will offer different colored check marks to accounts next week.
12 hours ago
FILE - Kari Lake, Arizona Republican candidate for governor, speaks to supporters at the Republican...
Associated Press

Lake seeks election records in suit against Arizona county

Kari Lake, the defeated Republican candidate for Arizona governor, has filed a public records lawsuit demanding Maricopa County hand over a variety of documents related to the election.
2 days ago
Carey Johnson and her son Fabian Swain are photographed wearing face masks in their Germantown, Md....
Associated Press

After a year, omicron still driving COVID surges and worries

A year after omicron began its assault on humanity, the ever-morphing coronavirus mutant drove COVID-19 case counts higher in many places just as Americans gathered for Thanksgiving.
2 days ago

Sponsored Articles

(Desert Institute for Spine Care photo)...

Why DISC is world renowned for back and neck pain treatments

Fifty percent of Americans and 90% of people at least 50 years old have some level of degenerative disc disease.
Quantum Fiber

Stream 4K and more with powerful, high-speed fiber internet

Picking which streaming services to subscribe to are difficult choices, and there is no room for internet that cannot handle increased demands.
Quantum Fiber

How high-speed fiber internet can improve everyday life

Quantum Fiber supplies unlimited data with speeds up to 940 mbps, enough to share 4K videos with coworkers 20 times faster than a cable.
Studio, 1-bedroom attainable units to be built near downtown Tempe