VERVE Tempe
Tempe, Arizona
16-story student housing development with 240 units near Arizona State University
Size
505,750 SF
Value
$112.5M
Market Segment
Multifamily / Student Housing
Located near Greek Row at the Arizona State University campus, this 16-story, 505, 750-square-foot student living development will bring 240 units and 769 beds to the greater Tempe community, expanding housing opportunities for local university students.
In addition to providing quick, easy access to campus, the new community will also feature a coffee bar, dedicated study areas, a game room with a golf simulator, a rooftop pool deck and solarium, and a two-story fitness and wellness center.
During the preconstruction process, Brinkmann worked with Subtext and the design team to ultimately reduce the overall cost of the project by nearly 5 percent from the initial budget.
