23 November 2015

Central Mesa Hot-Spot @ Baseline & Val Vista Drive?


Yours truly is "hot" to promote and highlight investments and developments in Mesa all over the place with a focus on The New Urban Downtown Mesa - that is central on this BlogSpot.
Arizona Republic's reporter Maria Polletta published an article today about south-central Mesa
Central Mesa emerging as development hotspot
Proposed projects range from small-scale infill developments and academic facilities to lavish housing complexes — all welcome in District 2, a sector oft overlooked in favor of downtown's storied history or the Phoenix-Mesa Gateway area's tech-heavy allure.
Image from mesaaz.gov
Let's - for the sake of engaging readers - start with being open and transparent.
The reporter takes more than a few clues from Mesa City Council member Alex Finter who represents District 2 generally bounded by Baseline, Gilbert, Brown, and Power Roads.
[Image shown at left is from his webpage on the official City of Mesa website.] 
He served as Mesa’s Mayor until September 18, 2014, when he resumed his role as the District 2 Councilmember. Finter’s term on Council runs until January of 2017.
In the private-sector, Finter is a businessman and partner at Worldwide Investments LLC., a domestic LLC registered in Graham County - not here in Maricopa County - dealing in agricultural lands in Mesa and Australia.
http://www.mesaaz.gov/city-hall/mayor-council/councilmember-alex-finter

City Councilmember Alex Finter pointed to chic shopping center Dana Park Village Square, the future Gilbert Road light rail extension and a blossoming rental market for young professionals as catalysts.

He is directly quoted saying: "These [development] folks are smart . . . they don't spend $100 million here, $25 million there, unless the support is going to be there".
It's a parallel universe of BIG MONEY who want to invest in real estate.
So, readers might wonder how that support - it boils down to a change in the City of Mesa's General Plan - is going to get "there"? . . . no doubt it helps to point out certain proposed actions to the media who in a perfect world are fair and balanced.
The article starts with "Enviable demographics and a few key amenities have helped south-central Mesa quietly catch the eyes of deep-pocketed developers, prompting a recent surge of investment that will likely top $200 million . . . Some of the sites in question have been vacant for decades, and there are plenty of others that could benefit from some TLC . . ."
Huh?? Tender Loving Care from "deep-pocketed developers" -that would be refreshing.
The article goes on to feature "some of the bigger-ticket items" [identified to the reporter] that are or could be on the way - readers will please notice the choice of words taking note that it's one thing to cite an example of a real estate  development success [Dana Park and adjacent "green apartments"] and another thing to advocate for a real estate development proposal [the Mark Taylor "posh apartments"] whose progress will depend on approval of an amendment and change in the General Plan for the City of Mesa to convert 21.85 acres from employment to mixed-use activity.
No mention of the pending public hearing on December 1, 2015 to approve/disapprove a significant change in the city's General Plan was made in the Arizona Republic report on Monday, November 23, 2015 @ 06:02 a.m.
Two days later - yesterday -
What does this change, if approved - it's not a small matter to amend the city's General Plan and must be done in a public hearing with The City Council whose members will vote on the issue after public discussion in favor or against it - mean?
A PUBLIC HEARING
In the example of Dana Park it's always been a highly-admired and successful suburban shopping center right on the borderline with the City of Gilbert that has one of the highest per-capita incomes in Arizona [location and demographics]. It has never been short on "amenities". Whitestone REIT is a real estate investment trust taking the 63-year old concept of shopping malls to the next level.
READERS PLEASE NOTE: The article does a great job covering all the council districts in Mesa in KNOW YOUR MESA DISTRICTS


 

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