Tempe Town Lake Condominiums

Tempe Town Lake is an artificial lake built into the riverbed of the Salt River, which passes through the city of Tempe, AZ. The town of Tempe adopted the Rio Salado Master Plan in 1989. This plan suggested a continuous body of water between the north and south shores, creating a Town Lake concept. 1996 brought the city to designate 800 acres of land, including the lake, to be included in Rio Salado Park. In 1997 the city held groundbreaking ceremonies to begin construction of the lake. The lake was filled with water in the summer of 1999 and opened to the public in November.

Many residential communities are being built on Tempe Town Lake. With the combination of a great view, shops, entertainment, restaurants and outdoor recreation so close these communities are filling up fast. A five-story condominium in the Northshore area sold nearly 75 percent of the residences at the new development in less than one week. Close proximity to five freeways, acres of parks, an active downtown area and other activities make Tempe Town Lake unlike any other city in Arizona.

Builders in the area are constructing many condominiums in Tempe right on the lake. With hundreds more planned in the surrounding area, some already under construction, Tempe Town Lake may be the next best place to live in Arizona. From flats to high rises, luxury condos and lofts, there are projects suited for almost everyone. SunCor Development Company has the Edgewater and Bridgeview condominiums at Hayden Ferry Lakeside. WestStone Communities has Northshore and Onyx Towers at Playa del Norte. These are just a few of the many projects that are being planned and developed in the area.

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Tempe New Condo Communities

Tempe currently has a population of more than 165,000, a median income of just over $60,000 and is home to Arizona State University, Mill Avenue, a diverse entertainment venue and several large national and local businesses (www.tempe.gov). The city of Tempe provides many entertainment and economic opportunities and is experiencing a unique blend of condominium development around the banks of the cities town lake. Whether you are a student looking for an exceptional place to reside, considering a new home for your family or searching for an investment property, Tempe is a great place to consider. Below is some information about 3 of the many new Tempe condominium projects currently available.

Perhaps the most outrageous or unique condominium projects to hit the streets of Tempe, is the Vale Condominiums. If you’ve travelled west of Mill Avenue, on University Drive, you more than likely have seen the bright yellow, orange, and lime green—Will Bruder creation. The Vale sets a new standard for urban living and design. Underground parking allows residents secure and safe access to their homes, while the beautiful pool area provides an inviting environment to help you relax. The contemporary design of each residential unit offers modern fixtures and appliances, and is certain to have you living in style. Prices range from the mid-300s to the high-500s.

Northshore on Tempe Town Lake is another common site for those who travel the Red Mountain Freeway (202). Built on the banks of the Tempe Town Lake and conveniently located just minutes from downtown Tempe and the newly built Tempe Marketplace, Northshore offers residents tropical landscaping and exceptional views. Amenities include cascading fountains, outdoor kitchen, social lounge, fitness center, and a pool and Jacuzzi that overlooks the lake. The pricing or Northshore condo units range from $400,000 to just under $1.4 million. More information about The Northshore Condominium Project can be found by visiting Northshore’s website.

If Northshore and the Vale aren’t located close enough to the heart of Tempe then you should consider living a stone’s throw from the city’s most popular destination, Mill Avenue. The brand new high-rise known as the Centerpoint Condos is an appealing blend of style, location and luxury. Centerpoint residents will live in the most modern, state-of-the-art, and luxurious condominium project to hit the community. Amenities include a world-class fitness center, movie theatre, lavish pool and hot tub, with a sand beach entry, a spa, locker rooms, a cabana bar, and breathtaking views of the entire Tempe area. In fact, Centerpoint has designed an entire floor to be used solely for hosting its residents’ amenities and activities. Pricing for Centerpoint ranges from the mid-300s to just under $1 million. More information about The Centerpoint Condominium Project can be found at centerpointaz.com.