Tempe Considering 2,391-Bed ASU Student Housing Venture

Up Campus Properties is proposing a 950-unit student housing project at Rural Road between Apache Blvd. and University Drive in Tempe. The project, which will have 2,391 bedrooms, will be reviewed by a Tempe town development review committee. In addition to the bedrooms, the project will include more than 14,000 square feet of restaurant space.

AZBEX reports the project, to be called Nova Tempe, is currently occupied by various commercial uses, including a gas station, retail and restaurants.

The amenities plan includes ground-floor open/courtyard spaces, a rooftop deck, pools, pickleball courts, fireplaces, recreation areas, and a walking/running track.

If approved, construction is expected to start in Q3 2025. The residential towers could take 28-30 months, and the garage could take 10-12 months. The design firm is Dwell Design Studio.