Source: DMB Ventures
The NEC of Rural and Baseline roads in Tempe is about to be, “Completely transformed,” according to officials from DBM Ventures in announcing The Collective, a massive, mixed-use project.
Anchored by Alamo Drafthouse Cinema, The Collective’s plan offers full-scale live/work/play in addition to the nearly 51KSF multi-use space, The Harper is a new 367-unit apartment complex from JLB Partners being constructed next door with plans to open this year.
Providing an influx of employment opportunities for residents as well as an array of diverse retailers and dining options for the area, The Collective’s first tenants are set to take up shop in early 2018.
“Tempe is increasingly becoming a walkable, bike-able city, and The Collective is going to cater to that,” said DBM Ventures’ Bret Anderson. “With ample options for public transit and a foot, bike and stroller-friendly design, The Collective will be easily accessible for all Tempe residents.”
DMB Ventures says the site will give residents of the surrounding communities a local, pedestrian-friendly alternative to venues such as Arizona Mills Mall.
Tenants joining Alamo Drafthouse will be determined and announced in the coming months, but area residents can expect a range of restaurants, fitness facilities and shopping opportunities targeting visitors of all ages.
“We’re thrilled to officially call Tempe home to our second Arizona location,” said Alamo Drafthouse’s Craig Paschich. “Alamo is going to be a big, welcome change for the area, and we can’t wait to be a part it all.”
Construction start is targeted for Q2 of this year, with completion in Q1, 2018.
Additional project information is available at TheCollectiveTempe.com.
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