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 in Tempe, Arizona, marking a significant addition to the local retail and service landscape. Located at the bustling intersection of Rural Road and Warner Road, the development is strategically positioned between Loop 101 and I-10, offering easy access and visibility among established national retailers like CVS, Sprouts, and Home Depot.

Dan Sink, president and chief financial officer of Thompson Thrift Development, emphasized the company's commitment to creating projects that meet community needs, highlighting the collaborative effort with the city of Tempe. The shopping center is expected to serve as a hub for local residents and visitors alike, with leasing activity already strong. Notable tenants include BURN Total Body Conditioning, Pacific Dental, and Luna Grill Restaurant, among others, with spaces still available for retail or service providers.

The development not only addresses the retail and dining needs of the area but also taps into Tempe's vibrant community life, bolstered by Arizona State University's presence and attractions like the Desert Financial Arena. Thompson Thrift's investment in South Tempe Square reflects its broader strategy of fostering high-quality developments in high-growth markets, with several projects underway across Arizona.

For more information on Thompson Thrift and its developments, visit https://www.thompsonthrift.com. The South Tempe Square project underscores the company's role in enhancing local economies and community spaces, promising long-term benefits for Tempe's residents and businesses.