Tempe Lake Real Estate
Tempe’s land-locked condition presented a real challenge for recreational, environmental and economic opportunities for this community. Thus was born; The Rio Salado Project, a plan that transformed a utility corridor into a greenbelt with recreation, entertainment and development opportunities for residents and visitors to enjoy. It’s the famous Town Lake. The lake provides the largest usable body of water available to the largest population in Arizona, with resorts, restaurants, retail shops, marina’s, parks and just about every other recreational use possible. Today, more than 2 million people visit Town Lake annually to enjoy all of the activities. It’s also one of Tempe’s best development sites for Tempe real estate.
The density and building heights regulations has been increased. This maximizes land uses and mixed-use developments provide a balance of hotel, restaurant, retail, office, light industrial, residential, entertainment and commercial recreational venues.
More than twenty agencies and the support of thousands of residents and business organizations have been fundamental to the success of this great project. All of these groups have joined together to carefully blend innovative development with artwork and environmentally sensitive projects which allow The Rio Salado Project to exemplify the history, culture and future for all of us in the Sonoran desert.
The Prehistoric Hohokam Native Americans created an extensive desert valley canal system. There are many signs of this culture that has remained throughout the ruins of their dwellings, unearthed pottery shards and artifacts and carved petro glyphs that exist in the nearby rocks. Their canal system became the foundation for all of the canals seen throughout the valley today
The Rio Salado Project reclaimed over eight hundred acres of undeveloped land from the flood plain, enhances the quality of life of Valley residents. The Rio Salado Project provides increased recreation opportunities for residents, tourist attractions , and economic growth. The Tempe Town Lake, which is between 800-to-1,200 feet wide and two miles long, is the closest lake for the largest population residing in Arizona.