This morning, I attended an "Open House" showcasing the new residential project called Newberry Terrace which is located just South of Apache and East of Rural in Tempe. The future Dorsey / Apache stop for Metro's light rail project is just a short distance away.. Homes range in size from 1376 to nearly 2400 square feet and current pricing begins near $280k and goes up to the $400's. Their B and D plans consist of single family homes from 2-4 bedrooms while the E and F plans consist of loft/town-home style units with attached, common walls. This is a nice in-fill project with a couple of "common areas" that are well landscaped and look pretty good. The two main streets for entering/exiting the community are wide enough to accommodate parking and drive through traffic which is nice for this type of density. The City of Tempe appears to be very excited about Newberry Terrace as evidenced by City employee comments and the fact that the Mayor attended this mornings "festivities." (coffee, juice and some pastries were provided) Several other projects are being developed along this part of light rail line. Stay tuned for more info on other happenings along Apache in the near future. We will be constantly adding lists of projects along the entire line.
For more information about Tempe Real Estate, please feel free to call Nick Bastian at 602-803-6425 or visit our web site for details.
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