Mesa Compass Magazine Cover 2019

Who set-up Sally Jo Harrison for this cover shot with Real Estate Developer Tony Wall, who can't seem to get the financing for his $60-Million Dollar GRID PROJECT.?

Time will tell - it's back "to the drawing boards" and back to the entire development review process.

Deadline is June 30, 2019.

There are more than just a few stories about the cover behind the 2019 Edition of the Mesa Chamber of Commerce's Compass magazine, published by Republic Media Content Marketing, a division of The Arizona Republic.

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13 February 2018

Here In 'The Old Donut-Hole" Parking Spaces = New Land Banks

The media blitz is on for a development atop the 3-story city-owned parking garage behind the Mesa Superior Court building on First Avenue. Just one day after the mayor's SOTC18 speech, he's thrilled [seems like John Giles is always "thrilled" and "excited" about something] to announce "the big deal" to a news crew from ABC 15 that happened to show up in the 3-acre parking lot at 300 East Main Street between the Wells Fargo building and classroom space for Benedictine University at 225 East Main.

Most people are familiar that area if only to grab a bite to eat  at Pete's Fish & Chips on the west side of Mesa Drive slightly south of the intersection with Main Street . . .

Maybe you, dear readers need some help wrapping your head around that, so here it is from the ABC15 crew with a reporter and camera guy in the parking lot in front of the parking garage, Mayor John Giles stepping out his office door, and some other on-camera selected talent. All of them appear to have gotten the right talking-points.
Take a look at the video   

Anchor tenant announced for $60M mixed-use development in downtown Mesa

Justin Pazera, Morgan Tanabe

3:48 PM, 07 Feb 2018 Updated 7:44 PM 
Co+Hoots will move into a 14,000-square-foot co-working space, and will provide mentorships and internships for business students, a media release explained.
"We believe in the City of Mesa's commitment to transforming its downtown into a vibrant urban core," CO+HOOTS founder Jenny Poon said. 
Here's the link > ABC15 News

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It's one of the fastest "big deals" your MesaZona has never seen! And big promises for jobs

Mesa juggles downtown growth, livability             

By Wayne Schutsky Tribune Staff  11 Feb 2018 Updated 12 Feb 2018

Phoenix-based Co-Hoots is in negotiations to occupy 13,000 square feet in the development ­– which is currently under a memorandum of understanding between the city and developer 3W Management LLC.

NOPE: CO+HOOTS is now affiliated with Benedictine University, 225 E Main Street

Here's a link to the original post more than a year ago > MesaZona 

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14 March 2019

THE GRID Runs Into A Road-Block: No Financing | "Ready-to-Roll" It Is Not

But that's what just what staff writer Jim Walsh said in the corporate-owned The Times Media Group's East Valley Tribune in one more Spoon-Fed Story

More downtown Mesa development ready to roll

"Ready-to-Roll"By Jim Walsh, Tribune Staff Writer Mar 12, 2019
"The Pomeroy parking garage, a bland but functional structure near Mesa Municipal Court, will disappear behind a new veneer of three-story row houses when a long-awaited redevelopment project rises downtown.
Real estate developer Tony Wall, of 3W Management in Scottsdale, said he is close to landing financing for The GRID Mesa near Main Street and Mesa Drive. . .

 

 

 

Tony Wall has been working on THE GRID project for more than two years. Is the problem about municipal tax-incentives/finance from the City of Mesa that involve development on a city-owned property or lack of interest from private sources for the $60-million project he can't get from private investors willing and able to assume the risk? Even after two or more rounds of financing, Tony Wall still can't get the financing - and he's lost what was called "the anchor" for THE GRID proposal [CO+HOOTS]. What about those highly-touted and highly-promoted PUBLIC PRIVATE PARTNERSHIPS? . . 

 

 

In May of last year, Tony Wall [with legs crossed] appeared at a press conference announcing the massive 9.8-acre Mormon Temple Area Makeover of Downtown Mesa at the intersection of Main Street/Mesa Drive. Sitting next to him is former Mesa City Mike Hutchinson, VP of the East Valley Partnership.

Standing at the podium is the owner of City Creek Reserve LLC, a for-profit affiliate of The Church of Jesus Christ of The Latter-Day Saints. It's the only new major project that has broken ground and is under construction now.

No financial details for the Temple Area transformation were ever disclosed to the public. Reports in the media say that it's a smaller scale version of the $2-Billion invested to develop the 23-acre City Creek in Salt Lake City that will feature "Mesa-authentic" architecture. . .

Reference > MesaZona

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https://issuu.com/rmcp/docs/mesa_chamber