Hayden House Tempe, LLC Purchases Mill and Rio Salado Site, Plans to Develop $200M Mixed-Use Property
Hayden House Tempe LLC purchased 2.51 acres at SWC Mill Ave & Rio Salado Pkwy in Tempe from Michael Monti’s Catering for $16,875,000.
Cassidy Turley’s Brent Moser, Mike Sutton and Brooks Griffith represented the seller, Michael Monti’s Catering.
Excerpt: The partnership, Hayden House Tempe, LLC plan to develop Mill & Rio Salado, a $200 million mixed-use creative office and lifestyle-hotel development located on the 2.51 acre parcel widely considered to be the gateway to Tempe’s downtown core. This landmark project consists of a two towers: a 15-story 280,000 square foot Class A office building and a 16-story, 274-key Kimpton hotel along with 17,000 square feet of complimentary restaurants and retail.
100 S Mill Ave, Tempe AZ 85281