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The Watermark

Market Sector



Tempe, AZ


Fenix Development


Nelsen Partners


Okland Construction

Located on the north bank of Tempe Lake, The Watermark Phase I development includes 250,000 SF of Class A office space, 44,000 SF of restaurant and retail space, and 360 apartment units. Standing 15 stories high, it will command 360-degree unobstructed views.

Plans for Phase II include a 360,000 SF office building, a 170 room business class hotel as well as more retail and restaurant space. The office building will include a skywalk connecting the parking garage to the 8th floor lobby.

Project Tour

Tour the future Watermark!