250 RIO

250 RIO is a luxury condominium project at 250 W. Rio Salado Parkway in Downtown Tempe. The approved residential concept calls for a 16-story tower with 110 condos on approx. 1.81 acres near Tempe Town Lake. Two-, three-, and four-bedroom residences make up the collection.

The location puts 250 RIO near Tempe Beach Park, Mill Avenue, restaurants, entertainment, offices, and the broader Tempe Town Lake district. Downtown Tempe continues just south of the site, while the lake and surrounding paths add outdoor recreation nearby. It is an urban setting with much of central Tempe close at hand.

Condos, Design, & Tempe Town Lake

The residential collection stays relatively intimate for a high-rise. Just 110 luxury condos are included across the 16-story design. The approved unit mix calls for 75 two-bedroom, 23 three-bedroom, and 12 four-bedroom residences.

• 110 Luxury Condos: The residential tower includes a limited collection of for-sale condominium residences.
• 16 Stories: The approved building rises 16 stories along Rio Salado Parkway.
• Two-Bedroom Condos: 75 residences are designed with two-bedroom layouts.
• Three-Bedroom Condos: Another 23 units provide three-bedroom configurations.
• Four-Bedroom Condos: 12 larger four-bedroom residences complete the current unit mix.
• Downtown Tempe: The address sits at Rio Salado Parkway and Ash Avenue.
• Tempe Town Lake: The lake, Tempe Beach Park, and surrounding recreation are nearby.
• Mill Avenue: Restaurants, entertainment, shopping, and other Downtown Tempe destinations are close to the property.
• Pedestrian Connections: The project design incorporates pedestrian areas connecting the site with the surrounding downtown and lakefront environment.

Life At 250 RIO

Tempe Town Lake shapes much of the setting. Parks, paths, waterfront recreation, Downtown Tempe, and Mill Avenue all sit within the surrounding district. Arizona State University is nearby as well. Phoenix Sky Harbor International Airport is a short drive west, giving this part of Tempe convenient access to air travel.

The residences bring another ownership option to an area filled with apartments, offices, hotels, restaurants, and entertainment. Larger two-, three-, and four-bedroom layouts broaden the mix. For buyers following luxury condos for sale near Tempe Town Lake, 250 RIO adds a limited collection of residences within one of Tempe’s most recognizable urban locations.