Horizon Bay (Rio Yards) at Novus Innovation Corridor
Market Sector
Office - Low-Rise
Parking
Location
Tempe, AZ
Owner
Silver Creek Development
Architect
RSP Architects
Contractor
Wespac Construction, Inc.
Coreslab Structures
Construction Type
Steel Frame
Precast Concrete Parking Structure
Located within the cutting-edge ASU Novus Innovation Corridor, Horizon Bay—formerly known as Rio Yards—features a 3-story, 147,495 SF Class A, LEED Silver® office building paired with a 4-story precast parking structure accommodating 770 vehicles. Designed to maximize natural light and indoor-outdoor connectivity, the building includes multiple outdoor amenity spaces, a fitness facility, and dedicated bicycle parking stations.
Arizona State University is a key partner, as the building sits on university-owned land within its mixed-use district, where developers lease ground and collaborate closely with ASU on long-term growth and placemaking.
Finished Photographs: ©2026 Kevin C Korczyk