Transwestern Development Announces Tempe Residential Development Vero Finishes Construction

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Vero
The Class A complex is leased and managed by Greystar with initial move-ins underway.

Vero, a 199-unit, seven-story multifamily development in Tempe, Arizona, has been completed. The project, located at 651 E. 6th Street in Tempe’s Novus Innovation Corridor, was developed by Transwestern Development Company (TDC®) and its investment partners, Globe Corporation and University Realty.

Vero offers an array of sought-after amenities, including a resort-style pool with lounge area, a state-of-the-art fitness center, a co-working space with conference rooms, a resident clubhouse with a pool table and wet bar, and secure bike storage. Each unit is thoughtfully designed with a washer and dryer, top-of-the-line stainless steel appliances, and hardwood-style flooring. Select units offer upgrades such as custom built-ins, balconies, and Murphy beds.

Vero enjoys a strategic location within the Novus Innovation Corridor, a 10 msf, 355-acre mixed-use development at Arizona State University’s’ Tempe campus. Nearby attractions include the vibrant Novus Place retail district, Mountain America Stadium, Desert Financial Arena, and Mullett Arena, a multi-purpose facility home to ASU Sun Devil men’s and women’s hockey, and host to university, community and entertainment events.

TDC currently has 3,666 multifamily units in pre-development, under construction, or in lease-up, including 1,275 units in the Southwest region.

Transwestern Development Company (TDC®) creates value through the execution of development projects for itself, its partners and valued clients throughout the United States. Part of the Transwestern companies, the diversified business develops logistics, multifamily, office, mixed-use and healthcare properties, with a pipeline of projects in process or completed since 2012 exceeding $9.07 billion.