Groundbreaking Development at South Tempe Square
Thompson Thrift, a well-respected real estate company, has officially begun construction on South Tempe Square. This exciting new project will encompass 27,000 square feet of retail space in a vibrant neighborhood, enhancing community offerings.
Understanding the Vision Behind South Tempe Square
“The city of Tempe has been a great partner as we've worked to thoughtfully develop South Tempe Square,” stated Dan Sink, the president and chief financial officer of Thompson Thrift Development. Their commitment to quality and community-centered design shows in every aspect of the project.
Strategically Located for Success
Situated at the bustling intersection of Rural and Warner Roads, South Tempe Square enjoys excellent visibility and access. With major roadways nearby, including Loop 101 and I-10, this shopping center stands to benefit from high traffic volumes, making it amenable for residents and visitors alike.
A Focus on Local Community Needs
Leasing activity has already shown promising strength. Ashlee Boyd, managing partner for Thompson Thrift Commercial, expressed excitement about offering a mix of retail, dining, and service options that mirror the local community's needs. This focused approach ensures that the shopping center resonates with the surrounding demographics.
Diverse Offerings with Strong Retail Partners
Thompson Thrift has successfully secured leases for nearly 75% of the available retail space. Noteworthy tenants already on board include BURN Total Body Conditioning, Pacific Dental, Look Lab, and The Slice House by Tony Gemignani. Looking ahead, two inline spaces remain available, ideal for additional businesses looking to establish roots in the community.
The Cultural Landscape of Tempe
Tempe is rich in culture and diversity, attracting many families. Home to Arizona State University, the largest university in the United States with over 55,000 students, the city presents a vibrant energy. The Desert Financial Arena plays host to numerous events, drawing visitors and enhancing the local economy, making the site of South Tempe Square even more attractive.
Thompson Thrift's Legacy and Investment
For nearly four decades, Thompson Thrift has been a pillar in the community, investing over 6 billion dollars in quality development projects across various states. Their expansive portfolio underscores a commitment to excellence, which is reflected in both residential and commercial ventures throughout the Midwest, Southeast, and Southwest regions.
Active Developments Across Arizona
Thompson Thrift's reach extends beyond Tempe, with multiple significant projects currently in the works. Notable developments include the Elliot Tech Center in Mesa, Germann Commerce Center in Queen Creek, and others across the state, illustrating their ambition to thrive in key growth markets.
About Thompson Thrift Real Estate Company
Founded in 1986, Thompson Thrift has evolved into a comprehensive development and construction firm known for its dedication to quality and community growth. With offices across various states including Indianapolis and Denver, they have been recognized nationally, recently earning accolades as a Top Workplace, highlighting their continued commitment to community and employee satisfaction.
Contact Information for Inquiries
For more information, interested parties can reach out to Jennifer Franklin at Spotlight Marketing Communications. She can be contacted directly via phone at 949.427.1385 or via email at jennifer@spotlightmarcom.com.
Frequently Asked Questions
What is South Tempe Square?
South Tempe Square is a new shopping center developed by Thompson Thrift, featuring 27,000 square feet of retail space.
When did construction begin on South Tempe Square?
The construction for South Tempe Square has recently commenced, marking an exciting development for the community.
Who is managing the development of South Tempe Square?
The project is spearheaded by Thompson Thrift, led by Dan Sink, the president and CFO.
What types of businesses will be featured at South Tempe Square?
The shopping center will include a variety of retailers, restaurants, and service providers focusing on community needs.
How can I contact Thompson Thrift for more information?
Contact Jennifer Franklin at 949.427.1385 or via email at jennifer@spotlightmarcom.com for inquiries related to the project.
