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Tempe Opportunities
Demographics:
? Population: 166,000
? Median Age: 28.8
? Median Income: $60,800 (Age 25+)
? Education: 40% Age 25+ With At Least Bachelor’s Degree
Daily Community Activity:
? Workforce: 175,000
? Tourists: 4 million Annually
? Daily Visitors: ?160,000
? Light Rail Opens Dec. 27, 2008
New Projects:
? $2 Billion in New Projects Under Development
? 3,000 New Condominiums Being Built
? 2 Million Sq Ft – New Retail Space
? 2 Million Sq Ft – Class A Office Space
Existing Space:
? Retail Space: 9 Million+ Sq Ft
? Vacancy Rate: 3.9 Percent
Future Hotels:
? 15 Hotels by 2009, including Arizona’s first Aloft
? Several Extended Stay Hotels Coming
? Approximately 3,200 Total New Rooms
? 150,000 Sq Ft of Conference and Meeting Space
Corporate Who’s Who:
? Chase * Wells Fargo
? KPMG * Smith Barney * Edward Jones
? Google * Monster * Go Daddy
? US Airways * Motorola
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