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Why co-locate to
Novus Innovation Corridor

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ACCESSIBLE CONNECTIONS

accessible connections

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Located 1.5 miles from the nation's 11th busiest airport, and moments from Interstate 10, Novus Innovation Corridor is also only one mile from the full interchange of the Loop 202 and 101 freeways. The Valley's nearly 30-mile-long light rail system and a highly developed arterial street system provide seamless, long term connectivity.

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70 walkability score 6th highest score of any area in Metro Phoenix (Pre Phase I)

66 transit score 5 points higher than Downtown Phoenix and 20 points higher than Downtown Scottsdale

98 bike score 16 points higher than Downtown Phoenix

7 bus routes around or through Novus Innovation Corridor boundaries

6 light rail stops within 2 miles of Novus Innovation Corridor’s boundaries, providing the 83,774 Phoenix residents who live within a half mile of the Light Rail easy access to the project

37 international flights more than 44,000,000 total passengers in 2015

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Novus transit map
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Nearly 10 million square feet located at the prime crossroads of the nation’s 6th largest metropolis.

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THE ASU FACTOR

asu factor

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#1 Most Innovative School in the U.S. five years in a row— 2019 U.S. News & World Report

Top 1% Of world’s most prestigious universities Ranked by Times Higher Education

#1 in Fulbright students ASU leads the PAC-12 as the top producer of Fulbright student scholars — more than Harvard, Yale, Dartmouth and Duke nationwide.

#1 public university chosen by international students five years in a row — Institute of International Education

ASU currently has business dealings with nearly 500 companies.

  • Partnership opportunities
  • Research collaboration opportunities
  • Internship opportunities
  • Tailored corporate curriculum
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Bright Prospects

bright prospects

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30% millennials

70,395 cars per day travel past the University Dr. & Rural Rd. intersection

40% of the total Metro Phoenix population can be reached within a 30-minute drive from Rural Rd. & University Dr.

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Innovation Zone Meets Entertainment Zone

Entertainment Zone

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Visitors to the Novus Innovation Corridor will encounter fresh thinking in the area's hospitality and nightlife experience. At their fingertips will reside some of the best names in culinary, entertainment and hotel excellence, all integrated along a network of pedestrian - and bike - friendly spaces.

State-of-the-art athletic training and exhibition facilities will attract world-class athletes and events to Novus Innovation Corridor. Already a hub for dozens of Olympic and professional athletes, this Innovation Zone provides space to thrive and push the boundaries of competitive sport, entertainment, art, and excellence.

Sun Devil Stadium
Men's football
(7 annual home games)

Wells Fargo Arena
Men's and women's basketball
(30 annual home games)

Women's Volleyball
(10 annual home games)

Whiteman Tennis Center
Men's and women's tennis
(25 annual home meets)

Phoenix Municipal Stadium
Men's baseball
(30 annual home games)

Alberta B. Farrington Softball Stadium
Women's softball
(30 annual home games)

Sun Angel Stadium, Joe Shelleh Track
Men's and women's track & field
(9 annual home meets)

Mona Plummer Aquatic Center
Men's and women's swimming
(10 annual home meets)

Sun Devil Soccer Stadium
Women's soccer
(10 annual home games)

All numbers are approximate yearly home games based on review of 2018-2019 schedules.

Sun Devil Stadium
Men's football
(7 annual home games)

Wells Fargo Arena
Men's and women's basketball
(30 annual home games)

Women's Volleyball
(10 annual home games)

Whiteman Tennis Center
Men's and women's tennis
(25 annual home meets)

Phoenix Municipal Stadium
Men's baseball
(30 annual home games)

Alberta B. Farrington Softball Stadium
Women's softball
(30 annual home games)

Sun Angel Stadium, Joe Shelleh Track
Men's and women's track & field
(9 annual home meets)

Mona Plummer Aquatic Center
Men's and women's swimming
(10 annual home meets)

Sun Devil Soccer Stadium
Women's soccer
(10 annual home games)

All numbers are approximate yearly home games based on review of 2018-2019 schedules.

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166 restaurants within 1 mile of University Dr. & Rural Rd.

670 rooms of planned hotel within Novus Innovation Corridor boundaries

1,000,000+ square feet of existing retail within 1 mile of University Dr. & Rural Rd.

300,000 square feet of planned retail within Novus Innovation Corridor boundaries

Top 15 Cities for Biking
Bicycling Magazine

Most Walkable City in Arizona
Walkscore.com

Smart Growth Award
Urban Land Institute Arizona

America's 3rd Most Affordable Fun City
Bloomberg Businessweek

Top 15 Cities for Biking
Bicycling Magazine

Most Walkable City in Arizona
Walkscore.com

Smart Growth Award
Urban Land Institute Arizona

America's 3rd Most Affordable Fun City
Bloomberg Businessweek

150+ Annual ASU Athletic Events

9 ASU Athletic Facilities

3 Downtown Tempe Athletic Facilities

17 Annual Athletic Events (non-ASU)

3 Downtown Tempe Arts & Culture Facilities

3 Downtown Tempe Attractions

11 Annual Arts & Culture Events

The Tempe office submarket continues to be one of the most popular submarkets in Metro Phoenix and currently boasts the lowest overall vacancy in the metro area at under 10 percent. Though it makes up only six percent of the total office stock in the Valley, the Tempe submarket comprised approximately 24 percent, or nearly 700,000 square feet of the total net absorption in 2015. The overall asking rent reached $27.86 in 2015, more than 18.6 percent higher than Phoenix.

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