Tempe Opportunities



Demographics:
► Population: 166,000
► Median Age: 28.8
► Median Income: $60,800 (Age 25+)
► Education: 40% Age 25+ With At Least Bachelor’s Degree

Daily Community Activity:
► Workforce: 175,000
► Tourists: 4 million Annually
► Daily Visitors: ≥160,000
► Light Rail Opens Dec. 27, 2008

New Projects:
► $2 Billion in New Projects Under Development
► 3,000 New Condominiums Being Built
► 2 Million Sq Ft - New Retail Space
► 2 Million Sq Ft - Class A Office Space

Existing Space:
► Retail Space: 9 Million+ Sq Ft
► Vacancy Rate: 3.9 Percent

Future Hotels:
► 15 Hotels by 2009, including Arizona’s first Aloft
► Several Extended Stay Hotels Coming
► Approximately 3,200 Total New Rooms
► 150,000 Sq Ft of Conference and Meeting Space

Corporate Who’s Who:
► Chase * Wells Fargo
► KPMG * Smith Barney * Edward Jones
► Google * Monster * Go Daddy
► US Airways * Motorola

 

Explore the Ground Floor.

Tempe is growing skyward with significant space in new high rise, mixed use projects. Opportunities for new businesses with an eye toward the new demographic of Tempe abound.



www.tempe.gov/business       480-350-8812
SUCCEED IN TEMPE, ARIZONA


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