26 May 2016

ASU In Downtown Mesa > WHAT DO YOU REALLY KNOW??

Yeah, that's the big question, dear readers.
This morning's Special Session of the Mesa City Council will be taking action on the drafting and approval for an IGA between the city and ASU Board of Regents for a proposal to sell city-owned properties to plop down a 2500-student campus next to City Hall Plaza and directly across Main Street from art-and-entertainment venue Mesa Arts Center, an international design-award complex.
The draft IGA is a 22-page document that most people have not had the time to read or understand - perhaps the six City Councilmembers haven't had the time to do that either ....decisions to approve or not - and make changes - will be conducted behind closed doors in an Executive Session. It's an $180-plus proposal and that's not "chump change" since it would increase taxpayer obligation for the city's Debt Service by more than 50%.
Other city-owned parcels might be a better fit - notably 200 S Center Street just two blocks south of Main Street where development needs to be encouraged. Notably, plans are in the works for Artspace Mesa Lofts nearby and there's a largely-unused building on the NEC of 2nd Avenue and Center Street that can get re-adapted. Furthermore, more demolition and construction at the proposed site would once again disrupt both business activities downtown and tear up part of MAC frontage on Main Street. 
Here's a little background and context about ASU's recent purchase of an 0.8-acre parcel of land by the ASU Board of Regents for $4.65 Million where there are plans for construction.

PACIFIC RETIREMENT SERVICES
PRS to build 20-story tower next to ASU
By Greg Stiles
Mail Tribune Posted Apr. 14, 2016 at 4:55
Pacific Retirement Services intends to develop its first post-recession Mirabella tower in collaboration with Arizona State University and the Arizona State University Foundation.
Arizona, and the Phoenix metro area, has been on our list of future opportunities," said Paul Riepma, PRS marketing senior vice president. "We've waited patiently for something like this. It will truly be the first high-rise, CCRC in the whole Phoenix metro area; everyone else is out in the suburbs."
There are about 100 university-based senior communities in the country, including Penn State University, Duke University, University of Texas and Dartmouth College. About half of ASU’s 60,000 graduates aged 65 and older live in the Arizona retirement mecca, with that figure expected to double in the next decade, according to a PRS release.

No comments: