courtesy on MHN online, By Amalia Otet, Associate Editor
Includes a 5-building campus anchored by State Farm
Ryan Companies US, Inc., and Sunbelt Holdings have joined forces for what would be the biggest office development deal in Arizona history. The team is eyeing a $600 million transit-oriented project adjacent to Tempe Town Lake in Tempe.
Provided the City Council approves the plan, Ryan and Sunbelt would build 1.9 million square feet of office space on a 20-acre tract owned by Arizona State University north of Sun Devil Stadium. Designed by Tempe-based architectural firm DAVIS, the project would include a five-building campus anchored by State Farm, a 10-acre lakeside plaza, plus an additional 40,000 to 60,000 square feet of retail amenities.