The latest massive mixed-use development to hit Tempe, known as The Pier at Town Lake, is set to begin construction late this year. The City Council approved plans for the 3.7 million-square-foot project — which will include 10 condo towers with 1,500 units, two office buildings, a four-star hotel and 98,000 square feet of retail space — last week.Sitting on 27 acres along Rio Salado Parkway just east of Rural Road, The Pier will include nine buildings in all. The three partners developing the site bought the land from the city last summer for $42.5 million.Look to see buildings start rising in early 2008 with residential units going up in the summer.To check out artist renderings of The Pier go here.To contact the developer about the project go here.

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