* The BSB Design Blog.
Just Damn Good Architecture

Dorsey Lane, Tempe, Arizona, Watt Communities

Urban Infill, Dorsey Lane, is Just Right for Tempe’s Young Professional Buyers

“We could not have found a better partner than Watt,” said Paul Timm, COO of Watt Communities of Arizona. “They understand the importance of matching each unique location with the specific needs of that submarket. We’ve done this at Dorsey Lane, and at all of our sites, to combine the vibrancy of urban living with all of the comforts of home.”

Over 50 Percent of 51-unit urban living Community is Sold Out

dorseylane_logoMarch 9, 2015, Officials from Watt Communities of Arizona and Southern California-based parent company Watt Communities celebrated the groundbreaking of Dorsey Lane, a 51-unit, for-sale upscale urban living townhome project in central Tempe, Arizona.

Watt Communities’ decades-long success with urban residential infill developments lies in their ability to find the right locations and match them with the right market need – at the right time. Since opening April 2016 Dorsey Lane is now over 50 percent sold out.

dorseylane_siteplanLocated on three acres just one mile from Arizona State University and the nearby, booming Mill Avenue/Tempe Town Lake employment corridor, Dorsey Lane is within minutes of the Loop 101, Loop 202 and US 60 Superstition freeways.

BSB Design is proud to have served as the project’s architect and to have helped bring this first of five infill urban living communities to market that Watt has planned in metro Phoenix. Biltmore Living, also a BSB Design project, will be the next to come to market before the end of 2016.

Surrounded by Dorsey Crossing, a mixed-use residential, office and commercial project, Dorsey Lane offers contemporary, three-story urban townhomes ranging in size from 1,400 to 1,800 square feet. Each townhome includes its own two-car garage. The community amenities consist of a gated entry, pool/ramada/sundeck, outdoor poolside kitchen and landscaped paseos. See the floor plans here.

Targeting Tempe’s Young Professional First-Time Buyer Was a Smart Move

According to a recent article by Prashant Gopal for Bloomberg Business, newly constructed starter homes are coming back in a big way, NewHomeSource.com noted that with Millennials now accounting for 36 percent of U.S. home purchases, some major builders are building communities designed for Millennial first-time buyers.

For many young professionals who are starting out, renting has been their only option financially. But with a recovering economy and rising rent costs across the country, many Millennials – young people from 18 to 34 – would rather put their money toward a home payment and start building equity.

“(Tempe) is where companies want to be and where employees want to live. We are ready to fill that need with a product that moves residents from renting to owning, while still maintaining an urban lifestyle.” – Steve Pritulsky, President and CEO of Watt Communities of Arizona.

‘Dorsey Lane Urban Living’ in the news:

Why Tempe is Among Top Cities for Young Professionals, Millennials.

Tempe is an ‘inner ring suburb,’ which lends to its vibrant urban look and vibe. According to city-data.com, over 14 percent of Tempe residents are 25 to 34 years old and for every 100 Teen, Tempe has over 200 Millennials.

But while Arizona State University attracts the younger generation and influences the nightlife there are many reasons why young professionals are now increasingly making Tempe their permanent home. These are our top 10 reasons why Tempe ranked among the best city for Millennials in the Country according to azcentral.com:

1. Nightlife
Not even the revived downtown Phoenix arts scene can rival the nightlife of Tempe, where you’ll find scores of dive bars, sports bars, beer bars, wine bars and, well, just about every other kind of bar you can imagine.

Dorsey Lane, Tempe, Arizona, Nightlife

(Photo: Michael Chow/The Republic)

2. Events
For the bored Millennial, there’s no better place to get lost than Tempe’s full slate of events. For the local flavor, there are few better outdoor concerts in Tempe than those at the Flour Mill or Tempe Beach Park. Then there are also football games, 5K runs and art festivals, bicycle pub crawls and the annual ASU Undie Run.
3. Fashion
4. Great music scene
5. Diverse restaurants
6. Unique neighborhoods
There are many secret gems all over Tempe. Most are close to parks and schools. When you make your way through these neighborhoods, you’ll find people walking and riding their bikes, working on their cars in their driveways and playing in garage bands.

Dorsey Lane, Tempe, Arizona, Unique Neighborhoods

(Photo: David Kadlubowski/The Republic)

7. Tempe Town Lake
8. Mill Avenue
9. Transportation
Besides the Metro light rail Tempe residents can catch a free ride from the Orbit shuttles that weave through neighborhoods and around the Arizona State University campus.

Dorsey Lane, Tempe, Arizona, Light Rail

(Photo: David Kadlubowski/The Republic)

10. Central location
Tempe is 20 minutes from both downtown Phoenix and Old Town Scottsdale, so you can work, shop and rage in all three cities in one night — that’s what we call “a hat trick” — and Tempe is only 10 minutes from Phoenix Sky Harbor International Airport.

Read the full story about Tempe here: Why Millennials can’t get enough of Tempe

UP