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June 17, 2024
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Tempe Res Development Finishes Construction


Vero, a 199-unit, seven-story multifamily development in Tempe, AZ, has been completed. The project, located at 651 E. 6th St. in Tempeís Novus Innovation Corridor, was developed by Transwestern Development Company (TDCģ) and its investment partners, Globe Corporation and University Realty.

Vero offers an array of sought-after amenities, including a resort-style pool with lounge area, a state-of-the-art fitness center, a coworking space with conference rooms, a resident clubhouse with a pool table and wet bar, and secure bike storage. Each unit is thoughtfully designed with a washer and dryer, top-of-the-line stainless steel appliances, and hardwood-style flooring. Select units offer upgrades such as custom built-ins, balconies, and Murphy beds.

Vero enjoys a strategic location within the Novus Innovation Corridor, a 10 msf, 355-acre mixed-use development at Arizona State Universityísí Tempe campus. Nearby attractions include the vibrant Novus Place retail district, Mountain America Stadium, Desert Financial Arena, and Mullett Arena, a multi-purpose facility home to ASU Sun Devil menís and womenís hockey, and host to university, community and entertainment events.

The Class A complex is leased and managed by Greystar with initial move-ins underway. TDC currently has 3,666 multifamily units in pre-development, under construction, or in lease-up, including 1,275 units in the Southwest region.

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