Exciting Developments at Shorehaven Mixed-Use Project
Shorehaven is making headlines as the inaugural phase of the grand South Pier development, a remarkable waterfront destination valued at $1.8 billion. This ambitious plan encompasses a dynamic blend of residential, dining, entertainment, shopping, hospitality, and commercial spaces.
Detailing the Shorehaven Project
The Shorehaven project spans an impressive 3.3 acres and boasts over 1.3 million square feet of constructed space across three breathtaking towers. These structures are not just buildings; they represent a commitment to enhancing urban living through thoughtfully designed residential, retail, and recreational environments. With Silverstein Properties at the helm of development and the esteemed Clayco as the construction partner, this project is set to redefine the area.
The Topping Out Ceremony
A significant milestone was celebrated with a topping out ceremony. Esteemed project executives and notable local officials, including the local mayor, recognized the tremendous efforts and dedication of all involved. President of Clayco, Ryan Abbott, stressed the importance of creating spaces that foster connection and inspiration, highlighting Shorehaven as a prime example of this vision.
Creating a Vibrant Community
As the first phase of South Pier, Shorehaven leads the way in developing a comprehensive master-planned community around Tempe Town Lake, one of the state's most popular tourist destinations. Upon completion, this $1.8 billion development will encompass a variety of mixed-use options, including apartments, condominiums, hotels, and offices, topped with an entertainment pier.
Luxury Living at Shorehaven
Shorehaven will feature 722 luxury residential units along with more than 840 below-ground parking spaces and parking for 750 bicycles. Future residents can look forward to a wealth of amenities including 20,000 square feet of indoor spaces and 30,000 square feet of outdoor amenities associated with the stunning lake views. Retail spaces totaling 26,000 square feet will be located on the ground level of the towers, providing easy access to shopping and dining.
Ambitious Designs and Features
Designed by Katie Bowe Design, the units within Shorehaven promise an unparalleled living experience. They will offer a mix of studio, one, two, and three-bedroom apartments, ensuring diverse options for prospective tenants. The interiors will elegantly combine natural materials like stone and wood with modern technology, presenting a serene atmosphere that encourages relaxation and socialization.
An Array of Activities and Amenities
Shorehaven is set up to be more than just a place to live; with over 50,000 square feet dedicated to indoor and outdoor amenities, residents will benefit from features aimed at fostering community. These amenities include fitness centers, lounge areas, and resort-style pools. Additionally, plans for local artwork, including a large mural by artist Andy Brown, will beautify the retail spaces, enriching the sense of community in the area.
Connecting With Nature and Community
The architecture at Shorehaven incorporates flowing, curvilinear forms that echo the natural landscape, enhancing the environment and inviting pedestrian engagement through thoughtfully designed pathways and green spaces. By placing an emphasis on outdoor living, the development aims to cultivate a lively community atmosphere that supports social ties among residents.
Retail Opportunities at Shorehaven
With over 26,000 square feet of retail intended for this project, Shorehaven aims to cater to the anticipated 1,100+ residents, offering a unique lakeside dining experience that is rare in the region. Cushman & Wakefield spearheads the retail leasing efforts, ensuring a vibrant mix of shops and restaurants.
A Mission of Transformation
Since its inception, Cantor Fitzgerald and Silverstein Properties have committed to a mission of transforming urban landscapes through their Opportunity Zone initiatives. By focusing on diverse portfolios centered around multifamily properties, these firms are not just developing real estate—they are laying the groundwork for communities that thrive.
Frequently Asked Questions
What is Shorehaven?
Shorehaven is a mixed-use development project that combines luxury living, retail spaces, and recreational areas along Tempe Town Lake.
Who are the main developers of Shorehaven?
The project is being developed by Silverstein Properties, with Clayco serving as the construction partner.
What amenities will Shorehaven offer?
Shorehaven will feature amenities like fitness centers, resort-style pools, and a variety of indoor and outdoor gathering spaces.
How many residential units will Shorehaven provide?
The development will include 722 luxury residential units catering to various needs.
What makes Shorehaven unique in the market?
Shorehaven aims to provide a distinctive lakeside lifestyle with integrated community spaces, unique architectural designs, and a strong emphasis on enhancing urban living.
