Portfolio
Mixed-Use

The Pier at Town Lake

Tempe, Arizona
Featured
• Masterplan Concept

•

The Pier at Town Lake viewed from across Tempe Town Lake. 2007 masterplan concept; lakefront towers and the civic pier on the water.
type
Mixed-Use
Site
37
Acres
Class A Office
5,000,000
SF
type
Mixed-Use
Site
37
Acres
Class A Office
5,000,000
SF
§ I · Origin

Some sites are won, not bought.

In December 2005, Silverado’s principals led the team that won the City of Tempe’s competitive request for proposals for one of the last open parcels on Tempe Town Lake, a 37-acre waterfront site minutes from downtown Tempe, Arizona State University, and Sky Harbor International Airport. The team executed a development and disposition agreement with the City and carried The Pier at Town Lake into entitlement.
Fig. 04.2

The lakefront high-rises and waterfront promenade as envisioned in the 2007 masterplan, with the Class A office towers anchoring the parkway edge.

Concept Rendering, 2007

§ II · The Plan

The master plan organized roughly 3.65 million square feet around the water. It paired 460,000 square feet of Class A office in two towers with a 285-key four-star hotel and spa, ground-floor restaurants and retail, and a waterfront residential community.

The public realm was designed for the shoreline: a lakefront pier, a boardwalk encircling the lake, a central plaza, and an amphitheater. McLarand Vasquez Emsiek led the design, with WATG on hospitality and SWA Group on landscape.

Fig. 04.3

The full mixed-use district at dusk, looking across Tempe Town Lake. Lakefront towers, the central plaza, and the pier extending into the water.

Concept Rendering, 2007

§ III · Civic Discipline

The Pier at Town Lake reflects the public-private work that defines the principals’ record: a competitive land award, an executed City agreement, and AAA-rated improvement-district financing structured to fund the district’s infrastructure and a phased delivery. The 2008 downturn paused the market before vertical construction began, and the entitled site later changed ownership. The plan remains part of the career portfolio that Silverado Holdings is built to carry forward.

A premier Tempe Town Lake parcel, won through competition and master-planned as a complete urban district on the water.

Investment · Partnership

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