Thompson Thrift Launches Construction of South Tempe Square, Enhancing Local Retail and Community Services

Thompson Thrift has commenced construction on South Tempe Square, a 27,000-square-foot neighborhood shopping center located at the northwest corner of Rural Road and Warner Road in Tempe, Arizona. This development is strategically positioned at a high-traffic intersection, offering easy access from Loop 101 and I-10, and is surrounded by national retailers such as CVS, Sprouts, and Home Depot, enhancing its appeal to local residents and visitors alike.

The project reflects Thompson Thrift's commitment to creating well-designed spaces that cater to the community's needs. Dan Sink, president and chief financial officer of Thompson Thrift Development, emphasized the company's partnership with the city of Tempe and its dedication to delivering projects that enrich the local area. With leasing activity robust, the shopping center is set to feature a variety of tenants, including BURN Total Body Conditioning, Pacific Dental, and Luna Grill Restaurant, among others, with spaces still available for additional retailers or service providers.

South Tempe Square's location benefits from its proximity to one of the state's top school districts and Arizona State University, the largest university in the U.S., making it an attractive destination for families and students. The area's cultural richness, recreational opportunities, and events at Desert Financial Arena further contribute to the shopping center's potential as a community hub.

Thompson Thrift's investment in South Tempe Square is part of its broader portfolio of developments in Arizona, including projects like Elliot Tech Center in Mesa and The Maddox in Buckeye, showcasing the company's focus on high-growth markets. For more information on Thompson Thrift's developments, visit https://www.thompsonthrift.com.