In a city filled with bustling traffic and transportation options, one company is putting the pedal to the metal as it works to create Tempe’s first car-less community.
Culdesac, a San Fransisco developer, will build the Culdesac Tempe community on a 16-acre site at 2025 E. Apache Blvd., according to a statement from the company. The development, which opens in the fall of 2020, will be located less than three miles away from ASU’s Tempe campus. The location has extra meaning to the five team members who graduated from ASU.
“Tempe was chosen for many reasons, among them its dense job center, various mobility options including a light-rail station, and collaborative, forward-thinking government,” Ryan Johnson, co-founder of Culdesac said in an email.
Johnson also said Culdesac Tempe will be priced competitively with new apartment buildings in the Tempe area.
According to a press release, the $140 million community will house a thousand residents and include amenities including a grocery store, coffee shop and retail spaces among others.
Though the community will not have any resident parking, some spaces will be provided for visitors and ride-share companies.