Friday, June 5, 2015

Lennar Multifamily Moves Forward With 395-Unit Complex East of ASU


Dorsey Ln / Apache Blvd Vicinity Map


Lennar Multifamily assembled 6.7 acres at the intersection of Dorsey Lane and Apache Boulevard in Tempe to build a 395-unit apartment complex. “The Hayden at Dorsey Station” will total 600,000 square feet, with a podium-style ground floor parking and retail, and floorplans of one, two, and three bedrooms.  The project shares an intersection with the Dorsey Lane light rail stop. Two respective properties, a 101-unit two-story hotel and a 78-unit two-story multifamily of ten buildings, currently occupy on the proposed project footprint - all to be demolished. Lennar purchased these properties for a combined value of $11,475,000 or $1,712,687 per acre.


For more information including complete property history and buyer/seller contacts visit us at www.vizzda.com or email us at info@vizzda.com.

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