By Angela Gonzales | Phoenix Business Journal (abridged)
Culdesac is expected to begin construction in 2027 on a project that eventually will include 1,000 residential units, along with retail and commercial space that will total anywhere between 25,000 and 50,000 square feet. The entire project is expected to be fully built out by 2034.
Mesa City Council has approved an agreement with Tempe-based Culdesac to develop a 27-acre vacant parcel near University and Mesa drives in downtown Mesa.
Called Site 17, the undeveloped city-owned land has been on the city’s drawing board for years, Mesa Mayor Mark Freeman said.
“This land has been vacant for more than 20 years,” Freeman said in a statement. “This development will give families more options, including for-sale housing, create opportunities for small businesses, and help downtown remain a place where people choose to live, work, and invest.
See more (subscriber content)
Some stories may only appear as partial reprints because of publisher restrictions.