Cushman & Wakefield announce that construction has launched on Lot 6, known as Shorehaven, the first phase of the $1.8 billion mixed-use South Pier master planned development on the southern shore of Tempe Town Lake, one of Arizona’s top tourist destinations.
Shorehaven will consist of 724 multifamily units and approximately 26,000 sf of ground-level retail space within three high-rise towers ranging from 21 to 23 stories tall. The 1.3-million-gross-square-foot mixed-use project (residential & retail) will also include 850 below grade parking spaces, over 20,000 sf of indoor amenity space, and 30,000 sf of outdoor amenity space. The amenities at Shorehaven include three state-of-the-art fitness centers, a co-working lounge, a game room, an outdoor BBQ terrace, a dog run, a pool, and a landscaped outdoor terrace overlooking the lake.
Cushman & Wakefield’s Brent Mallonee, Executive Director, has been hired to lead retail leasing efforts for Shorehaven. The project’s retail element looks to comprise a variety of food, beverage and dining offerings including waterfront, patio, and other culinary settings together with large and small boutique shopping space, plus entertainment and amenity space.
“A waterfront location surrounded by a scenic desert landscape and mountainous views, Shorehaven will be a special retail destination like nothing before seen in Tempe,” said Brent Mallonee. “We anticipate securing a world-class roster of food and beverage tenants, including bistros, casual dining, cafés, bars, and more, that will create an incredible lakeside experience for everyone, from on-site residents above in the towers and surrounding local communities and businesses to attracting visitors and tourists from across the Phoenix Metro region and around the globe.”
According to the project’s web site, “South Pier will deliver a world class waterfront experience unlike any other in the world: A truly original desert destination to inspire the imagination and provide a cherished place to experience the wonders of life in the Phoenix Valley. We will transform the south bank of Tempe Town Lake by matching the beauty of the surrounding desert with an aspirational atmosphere that is undeniably fun and fulfilling. An oasis that brings the surrounding region closer than ever before.”
