HAYDEN HOUSE SELLS FOR ALMOST $17,000,000
Another amazing Tempe development is in the works.
In one of the most significant sales of a historic building, Hayden House, or better known as the long-standing Tempe restaurant Monti’s La Casa Vieja, was sold along with it’s highly-coveted 2.51 acres for $16,875,000.
Hayden House is the oldest, continuously-occupied building in Arizona and one of the state’s original homesteads. Construction began in 1871, and Arizona Senator Carl Hayden was born in the home in 1877.
Tempe has grown up significantly in each direction since Montis established the restaurant, which will be preserved and used in the proposed mixed-use development. Hayden House Tempe, LLC is the true buyer, a partnership between San Diego-based Douglas Wilson Companies, Greely, CO-based Hensel Phelps Development, LLC, and LA-based Karlin Real Estate. The Seller, Michael Monti’s Catering, purchased the property in 1954.
Hayden House Tempe, LLC plans a $200 million creative office space and lifestyle hotel within two towers – a 15 story Class-A office building, and a 16 story Kimpton hotel with 274 rooms and 17,000 square feet of retail and restaurant space.
Projects such as this move Tempe well-ahead of all parts of the Valley in terms of cutting-edge office space and high-density living.
CITY OF SCOTTSDALE GREEN BUILDING LECTURE SERIES
Since 1998, over 1,300 Scottsdale homes have earned green-building certifications. Green building programs, codes, and certifications are continuously evolving and residents, builders, and design professionals are invited by the City of Scottsdale to learn more through their Green Building Lecture Series.
The first lecture will focus on environmental ratings for healthy and sustainable homes. More info below:
Date: Thursday, Nov. 6
Time: 7 – 8:30 p.m.
Location: Scottsdale Granite Reef Senior Center, 1700 N. Granite Reef Road
- Dec. 4 – Energy Disclosures: Building Economic Value while Reducing Energy Costs
- Feb. 5, 2015 – Edible Landscapes and Urban Gardening
- March 5, 2015 – Tiny House Movement
- April 2, 2015 – Using Smart Technologies to Manage Energy and Water Use
- May 7, 2015 – Cool Roofs in the Urban Desert
- June 4, 2015 – Innovative Green Built Projects