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250 RIO

250 RIO

A new name is starting to circulate near Tempe Town Lake. 250 RIO is a planned luxury condominium project proposed for a long-held parcel along Rio Salado Parkway. The project is still working its way through the review process, but early steps are in motion. Plans have shifted, discussions are active, and the site is once again drawing attention from those watching future residential development near the lake.

Rendering of the 250 RIO condo project on Tempe Town Lake.

Key Details

  • Project Name: 250 RIO, named for its Rio Salado address.

  • Building Concept: Planned 16-story residential condominium tower.

  • Total Residences: 110 condos proposed for sale.

  • Unit Mix: 75 two-bedroom, 23 three-bedroom, and 12 four-bedroom residences.

  • Current Status: Review Commission approved in December 2025, more steps to follow.

  • Location Context: Pedestrian friendly setting near Tempe Town Lake.

Rendering of the 250 RIO condo project on Tempe Town Lake.

In Closing

As of early 2026, the 250 RIO condo project remains in the planning phase, and timelines will become clearer as it moves forward. For now, 250 RIO represents a potential addition to the Tempe Town Lake skyline and a development worth keeping on the radar as city approvals continue to unfold.

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