Construction on new downtown Tempe apartments to begin this spring

Apr 1, 2023, 5:45 AM

(Wexford Developments rendering) (Wexford Developments rendering) (Wexford Developments photo) (Wexford Developments map)

PHOENIX — Real estate company Wexford Developments broke ground on a new seven-story apartment building in downtown Tempe on Wednesday.

First and Farmer will have 200 rental apartments with studios, one-bedroom and two-bedroom units.

Construction is set to begin this spring and be completed in the fall of 2024.

The building will provide market-rate units and affordable housing units near Farmer Avenue and First Street, according to a press release.

“I’m truly excited that this incredible Wexford Developments project will bring 180 market-rate apartments as well as 20 affordable units to the Farmer Arts District,” Tempe Mayor Corey Woods said in the release. “This building is aesthetically beautiful, contains forward-thinking sustainability features and will bring much-needed additional housing to our community.”

The building will also feature a 750-square-foot retail space on the ground floor.

Other noted amenities include a swimming pool, a fitness center, a golf simulator, work-from-home office spaces, electric vehicle charging stations and storage lockers.

“We are thrilled to be starting construction on a project that will provide additional rental housing options to residents in the city of Tempe,” Sam Gordon, co-founder and principal of Wexford Developments, said in the release. “There is significant demand for more housing in this immediate area, and First and Farmer will help serve this need.”

Architekton is the architect of the building with Adolfson & Peterson Construction as the general contractor. Former Tempe Mayor Mark Mitchell is the Director of Business Development for Adolfson & Peterson Construction’s Southwest division.

Private Label International will handle the interior design.

Wexford acquired the site in 2013. The company manages 168,500 square feet of retail and office space in downtown Tempe.

We want to hear from you.

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

Arizona News

Kari Lake, Arizona Republican candidate for governor, speaks to supporters at the Republican watch ...

Judge denies Maricopa County’s request for sanctions against Kari Lake

A judge on Friday ruled not to award sanctions sought by attorneys for Maricopa County against Republican gubernatorial candidate Kari Lake.

16 hours ago

(Photo by Alexandra Aley/Cronkite News)...

Gas prices increase throughout Arizona at start of holiday weekend

Just in time for the long holiday weekend, gas prices in Arizona have increased after dropping for a few days

16 hours ago

(Pexels Photo)...

Associated Press

Maricopa County report lists 4 heat-related deaths so far this year

Maricopa County officials say there have already been four heat-related deaths in 2023.

16 hours ago

More homes are being planned for the Asante master-planned community in the far West Valley. (Mark ...

Angela Gonzales/Phoenix Business Journal

Homebuilders set to construct 2,700 homes in West Valley community

Three national homebuilders are working their way through planning and zoning to add 2,700 more homes in Surprise.

16 hours ago

Longtime Phoenix, Arizona, concert promotor Danny Zelisko lost a close friend remembers Tina Turner...

Kevin Stone

Valley concert promotor Danny Zelisko remembers Tina Turner: ‘She just became a friend’

While the world lost another hero when Tina Turner died this week, longtime Valley concert promotor Danny Zelisko lost a close friend.

16 hours ago

(Photo by Alexander Klein/Getty Images)...

High-tech traffic signs heading to Arizona as part of $1 million federal grant

High-tech traffic signs are heading to Arizona as part of a $1 million advanced technology and infrastructure grant to enhance safety.

16 hours ago

Sponsored Articles

(Photo: OCD & Anxiety Treatment Center)...

OCD & Anxiety Treatment Center

Here’s what you need to know about OCD and where to find help

It's fair to say that most people know what obsessive-compulsive spectrum disorders generally are, but there's a lot more information than meets the eye about a mental health diagnosis that affects about one in every 100 adults in the United States.

(Desert Institute for Spine Care in Arizona Photo)...

Desert Institute for Spine Care in Arizona

5 common causes for chronic neck pain

Neck pain can debilitate one’s daily routine, yet 80% of people experience it in their lives and 20%-50% deal with it annually.

(Photo by Michael Matthey/picture alliance via Getty Images)...

Cox Communications

Valley Boys & Girls Club uses esports to help kids make healthy choices

KTAR’s Community Spotlight focuses on the Boys & Girls Club of the Valley and the work to incorporate esports into children's lives.

Construction on new downtown Tempe apartments to begin this spring