Tuesday, June 25, 2024

           Rendering of VERVE Tempe.  Source: ESG Architecture &                                                 Design, provided by Subtext
 
VERVE Tempe, a planned 15-story student apartment community located within walking distance  of the Arizona State University campus in Tempe, AZ.

 Tempe, AZ, June 25, 2024 – Subtext, a national student and multifamily housing developer, announced today that it will start construction at 1011 E Orange Street in Tempe, Arizona for the development of VERVE Tempe, a 15-story student apartment community located within walking distance of the Arizona State University campus.

 

                                       VERVE Knoxville

VERVE Tempe will deliver in Fall 2026 and is Subtext’s second project in Tempe, having delivered Canvas in 2021.

 

The 240-unit, 479,388 square foot community will offer a mix of studio, one-, two-, three-, and four-bedroom layouts, totaling 769 beds. VERVE Tempe provides residents with walkability to campus and nearby retail and restaurant attractions, as well as proximity to the Valley Metro Lightrail.

 

In addition to 2,030 square feet of street-level retail space, VERVE Tempe will boast elevated amenities, including a coffee bar with hot and nitro options; dedicated study space with booths, pods, and collab rooms; game room with golf simulator; rooftop pool deck; and two-story fitness and wellness center with spa, sauna, and yoga studio.



 Brandt Stiles

“VERVE takes ‘live, work, study, play’ to the next level. Subtext is excited to bring this experience to ASU students,” said Brandt Stiles, Founding Partner, Subtext. “Student housing needs in Tempe continue to grow. With the right location and a thoughtfully designed community, our goal is to deliver an unmatched resident experience.”

 

Architecture and interiors are by ESG Architecture & Design, which Subtext has a strong history of working with in designing its upscale developments. Other development team partners include general contractor Brinkmann Constructors with construction financing provided by Kennedy Wilson.

 

 CONTACT:

David Ebeling

Ebeling Communications

949.861.8351

949.278.7851 (Cell)

david@ebelingcomm.com

Member of the National Association

 of Real Estate Editors (NAREE)

“PR Strategist for the Commercial Real Estate Industry:  I do what I love and love what I do.”

 

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