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Inside East Valley Business


News and notes from the Tribune business desk.


Decades-old dirt lot in Tempe to be developed

September 19th, 2008, 4:05 pm · Post a Comment · posted by davewoodfill

A dirt lot that’s remained undeveloped for decades may eventually host retail stores along with residential units
Southern Plaza, a proposed multi-use center rising several floors, would reside just west of the 99 Cents Only store, which neighbhors the site of a proposed Wal-Mart at the northwest corner of Rural Road and Southern Avenue.
A conceptual rendering from Southern Plaza’s developer – Scottsdale-based Diversified Partners – shows a building with ground-floor retail spaces and four floors of condos or apartments above the stores.
However, Justin Gubler, the project’s manager, said that design will most likely change dramatically as plans evolve.
He said the company hopes to break ground on Southern Plaza in late 2009.

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