This slideshow provides demographic and development information about the City of Tempe, Arizona that is helpful to new businesses, brokers and Realtors.

1. Tempe, Arizona
The Smart Place to Be

2. We’re different.
Urban, densely populated, in the center of it all
Not a sea of red tile roofs and swimming pools
Land Area in Square Miles – 40
People per square mile in Tempe: 4,050
For Arizona: 56.3
Distance from downtown Tempe to airport?
6 miles - about 10 minutes
www.tempe.gov/business

3. Our Residents
Young, Smart and Fun
161,700 residents
Average age: 28.1 years
One of the youngest in the country
High School Graduation Rate – 89.3 percent
Bachelor’s Degree or Better – 41.3 percent
Average Arizona rate is 26.3 percent www.tempe.gov/business

4. Business Atmosphere
Total number of businesses in Tempe: 16,792
Workforce: 150,000+ - Importer of jobs
Average commute: 20 minutes
Retail sales per capita: $35,768 for Tempe
Retails sales per capita: $13,637 for state
www.tempe.gov/business

5. Core Industries
Aerospace, Tourism + Retail, Manufacturing, Advanced Business
Services and Technology
20 percent of all Tempe jobs are tech-based
www.tempe.gov/business

6. Transportation
Average commute: 20 minutes
6 miles to Sky Harbor International Airport
Light Rail from border to border
Surrounded by freeways on all sides
Most walkable city in Arizona
About 5 percent of workforce rides a bike to work
www.tempe.gov/business

7. What Makes Us Cool
150+ Special Events Annually
Tempe Town Lake
Mill Avenue
Colleges and Universities
Historic Buildings
Light Rail
Forward-Thinking Atmosphere www.tempe.gov/business

8. Development
Borders are set – upward redevelopment, not sprawl
Premium prices for land
Higher density in downtown
Parcels of vacant land available
www.tempe.gov/business

9. Commercial Development
Hayden Ferry Lakeside III
Discovery Business Campus
Fountainhead Corporate Park
Emerald Center
ASU Research Park
SRP Grand www.tempe.gov/business

10. ASU Research Park
320-acre Research Park
45 +/- available acres for development
Tenants: Edward Jones, Solterra Solar, Texas Instruments, more
ASU Technical MBA program on site
Cooperative research opportunities
Patentable proprietary research contracts
3 lakes covering 18 surface acres
6 miles of surfaced jogging and bike trails
www.tempe.gov/business

11. ASU Research Park
www.tempe.gov/business

12. Discovery Business Campus
136-acre mixed-use office park
1.6 million square feet entitled
Class A office, flex office, hospitality and retail development
166,000 square foot two-story + 133,000 square foot one-story
66,000 square foot high tech manufacturing
Foreign Trade Zone designation
35,000 square foot clean room
Adjacent to ASU Research Park on Elliott and Loop 101
www.tempe.gov/business

13. Papago Park Center
Several existing office buildings
Fortune 500 companies
The Grand parcel offers 58+ acres of land for development
www.tempe.gov/business

14. Papago Park Center
Mixed use commercial project
Approximately 2 million square feet of
office, retail, and hotel development approved
www.tempe.gov/business

15. Fountainhead Corporate Center
170 acre mixed-use project
1 million square feet of office
270-room resort
Mark Taylor apartment community adjacent to site
New retail development planned
Corporate neighbors: University of Phoenix, State Farm Insurance
www.tempe.gov/business

16. Hayden Ferry Lakeside III
10-story building on Tempe Town Lake
250,000 square foot, Class A office tower
Corner of Mill and Rio Salado Parkway, gateway to downtown
Tempe
Part of award-winning Hayden Ferry Lakeside development
www.tempe.gov/business

17. Hayden Ferry Lakeside
www.tempe.gov/business

18. Emerald Center
140 acre site for retail, hotel, some office
About 8 acres remain for development
Home to IKEA, Total Wine, Dick’s Sporting Goods
I-10 and Elliott Road
www.tempe.gov/business

19. Hotel
Residence Inn by Marriott
Under construction – Completion early 2014
173 rooms
5,700 square feet retail
3,500 square feet meeting space
$28 million investment
In the Mill Avenue District in Downtown Tempe
www.tempe.gov/business

20. Homes
Tempe Housing Units – 73,462
Homeownership rate – 46.7 percent
Multi-unit structures – 44.7 percent
Multi-family units planned/under construction: +/- 4,000
www.tempe.gov/business

21. Multifamily Housing
Cabana on McClintock – 180 units
Mark Taylor – two new communities – about 600 units
Retreat on Apache – 125
The Hub – 269 units with 22,000 square feet retail
Fairfield of Tempe – 300 units
Many new apartment homes under construction or planned
www.tempe.gov/business

22. Contact Us
Tempe Economic Development
Business@tempe.gov * www.tempe.gov/business
Twitter: @tempegov * www.facebook.com/cityoftempe
480 350-4311