Brian Adamski   480.529.3122

Tempe Real Estate

Tempe Overview

Tempe sits just east of Phoenix and south of Scottsdale. It was a small agricultural community through most of its history. After World War II, Tempe began growing at a rapid rate as veterans and others moved to the city. The last of the local farms quickly disappeared. Through annexation, the city reached its current boundaries by 1974. Tempe had grown into a modern city. The town’s small teachers college had also grown, and in 1958, the institution became Arizona State University. Tempe’s commercial center along Mill Avenue declined during these years. Prompted by Tempe’s centennial in 1971, Mill Avenue was revitalized into an entertainment and shopping district that attracts people from throughout the Valley. Today, Tempe is well known nationally as the home of the Fiesta Bowl and the Arizona Cardinals. It has a strong modern economy based on commerce, tourism, and electronics manufacturing.

Tempe Business

Tempe is the headquarters and executive office of two Fortune 500 companies US Airways (formerly America West Airlines) and Insight Enterprises. Limelight Networks, LifeLock, First Solar, Fulton Homes and Mobile Mini are also headquartered in Tempe. Cold Stone Creamery was originally headquartered in Tempe and location #0001 is still in operation today at 3330 S McClintock Drive in Tempe, Arizona. Tempe is also home to the largest campus of Arizona State University. It was the longtime host of the Fiesta Bowl, although the BCS game moved to University of Phoenix Stadium, located in Glendale, in 2007. Tempe now hosts the Insight Bowl. Edward Jones Investments has a regional headquarters in Tempe.

Tempe Arts, Entertainment, Shopping and Activities

Tempe houses several great performance venues including Gammage Auditorium and the Tempe Center for the Arts.

The Phoenix Zoo (located on the border of Tempe) is one of America’s most successful, privately-owned and nonprofit zoos. It was voted one of the top five zoos for kids. And sitting right next to the Phoenix Zoo is the magificient Desert Botanical Garden.

Tempe is home to many outdoor activities, including Tempe Town lake (Fishing, Boating, Kayaking), Papago and South Mountain Parks offer hiking, mountain and road biking, rock climbing and equestrian activities. Tempe is home to the annual Iron Man competition which takes place in late November. Five-time Iron Man champion Rob Lichtenstein is also a Tempe Resident. Mill Avenue located just west of Hayden Butte, is a shopping and entertainment area in the city popular with pedestrians and students. With the completion of Tempe Town Lake, commercial and high-rise development along the reservoir quickly transformed the cityscape of Mill Avenue and the skyline of downtown Tempe.

Near the university in downtown Tempe, Mill Avenue is one of the nicest and most interesting walking neighborhoods in the Valley of the Sun, with restaurants, bars, coffee shops, retail and entertainment. Some of the largest festivals in the area and in the Southwest are held here, and Mill Avenue and the surrounding streets may be closed to vehicular traffic during these events. Investors like this area because of the university.

Tempe Town Lake, also in downtown Tempe, takes up 220 acres, and was created as part of the Rio Salado Project. It was dedicated in 1999, along with an enlarged and remodeled Tempe Beach Park. Tempe Town Lake offers fishing and boating in the midst of an urban setting. Tempe Beach Park often hosts weekend festivals, many of which involve music/bands.