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 Onyx
Tower
by WestStone Communities
NOW SELLING - Projected expected to
complete in 4th qtr of 2009. 10% down. Public Report due in November
of 2007. Pricing from $450 to $950/sq.ft.
Location:
909 E. Playa Del
Norte Drive - Tempe, Arizona
(Tempe Town Lake – 202 & Rural Road)
Description:
26 story high-rise
196 Luxury Condominiums
1 to 3 bedrooms
711 to 2364 sq. ft.
Signature Feature: Each Onyx unit showcases a sleek
mirror and glass bar with lower wood cabinetry.
The wait is over. Expectations have been surpassed. Your time is
now. Enter into a world of luxury, sophistication and exclusivity.
Enter into Onyx Tower. Rising over Tempe Town Lake, the
highly-anticipated Onyx Tower, a WestStone Community, one of the
most magnificent high-rise developments in the Valley and one that
will serve as the defining landmark of this sought-after area.
Solid black glass walls, sleek lines and stark contrasting colors
create a modern look and refined, posh ambiance. The lobby embodies
pure elegance with contemporary furnishings, a polished stone floor
and an indoor waterfall that flows down a textured onyx wall and
winds its way outside.
Comprised of 196 lakefront residences, Onyx Tower combines
condominiums that define spacious living and welcome unprecedented
standard features.
Onyx Tower is a new class of condominium living with a signature
balance of comfort and design that creates inspired, energized and
modern urban living.
More Info:
196 condominium units,
including 20 penthouses on the top five floors.
Prices start at $300,000 on the low-end and run up to nearly $2
million, said John Iorillo, WestStone president and chief operating
officer.
Onyx Tower will be built on less than two acres on the north shore
of the lake at Playa Del Norte and Rural Road near Loop 202.
Construction is expected to be completed in the summer of 2009.
The development is among a movement in the real estate industry of
high-rise residential growth. “It’s the old story,” Iorillo said.
“As more people move in and space starts to get smaller, buildings
start going higher. It’s happening in the Valley and in other parts
of Arizona.
“A lot of people don’t want to live in the outskirts of Arizona.
They want to live, work and play in the heart of a city — like in
Tempe.”
Tempe Mayor Hugh Hallman said the Onyx Tower is an example of the
city’s push to attract more residents as well as provide economic
support for lakeshore and downtown businesses. “The goal is to get
the lake to start paying off for the economic benefit of our
community,” said Hallman, who joined other council members in
endorsing final plans for the project.
The city plans to attract more than 5,000 additional residents to
the downtown area by encouraging more residential and condo
development. “The (Onyx Tower and other residential projects) is
part of a bigger program to establish a more sustainable community,”
Hallman said.
Tempe Councilman Ben Arredondo, while endorsing the plan to lure
more residents and voting for Onyx, questions the height of some
projects underway. “I’ve always had a problem with building heights
in Tempe,” said Arredondo. “There’s also the question of police and
fire safety issues with tall buildings.”
Arredondo said he plans to request a study into the additional costs
needed to maintain safety in tall structures. The new Onyx Tower
will have black glass walls with units that run in size from 653
square feet to 2,368 square feet. It will feature a rooftop lap
pool, bar for private parties and a 10-seat movie theater and
conference room.
Price Range: Starting
at $300,000
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Onyx to learn more.
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