Real Estate | 4 hours ago | AZRE
The Mesa community is comprised of several master-planned communities including Taylor Morrison, Shea Homes, Maracay Homes, Meritage Homes, Pulte Homes, Woodside Homes, and ranked once again at No.7 in the nation and No.1 in Arizona is Eastmark by RCLCO, Top-Selling Master-Planned Communities.
It is a community that was built on rich connections and creativity that continues to evolve - around the outskirts of what was once the center of commercial activity.
Downtown Mesa has been neglected for more than 40 years while investors and developers have 'moved-on' to expanding suburban sprawl to the Inner Loops and Outer Loops and tech corridors.
Maricopa County is now the fastest-growing county in the country.
IT'S THE RIGHT TIME: investors and developers can capitalize Big Time and enjoy the cyclical Boom-and-Bust while it lasts.
Fast times and fast growth could be the breeding-ground for scandals - make no doubt about that even for "Family Guys."
Maricopa County Assessor was nabbed by The Feds in a joint operation coordinated with the states of Utah and Arizona. There was a quick 3-day internal audit by The Board of Supervisors. They tried to clean-up that adoption/human trafficking commotion real quick, put Petersen on a 120-day leave and suspension - and appointed a temporary replacement from the Arizona Department of Environmental Quality. An odd selection to say the least.
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According to Wallethub, Mesa was recognized as
“The best Big City to Live In” based on affordability, economy, education, health, safety, and quality of life.
Niche ranked Mesa #7 among the “Best Suburbs for Millennials in Arizona.”
It is 3rd most populated city in Arizona on is the 35th largest city in the United States.
The city boasts a highly skilled workforce which has contributed to its economic expansion, rapid growth and numerous development activities within the City of Mesa.
True fact, indeed!
Since 2017, there have been several major economic projects that have come to fruition.
Since 2017, there have been several major economic projects that have come to fruition.
“With the leadership of former Mayor Smith and current Mayor John Giles, Mesa has grown with the redevelopment of the Fiesta District, Downtown Mesa, and the Phoenix-Mesa Gateway airport,” stated Rommie Mojahed.
“As a Mesa native, it’s great to see all the progress.”
The Economic Development of Mesa, a smart location for intelligent companies such as Apple, Boeing, Bridgestone, Dexcom, Fujifilm, Mitsubishi, and the new $1B Google Data Center to name a few, all have significant operations in Mesa.
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- A sustainable economy,
- An educated workforce and
- A promising partnership between government and industry.
The mayor continued to state, “This was a deliberate attempt to diversify the economy in the area by attracting tech companies.”
> A development that was in the works for over one year was named “Project Red Hawk” due to the confidentiality of the project.
“The investment and infrastructure is in place and the City of Mesa has a tremendous amount of resources,” said Bill Jabjiniak, the Economic Development Director.
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> Phoenix-Mesa Gateway Airport one of the fastest-growing airports in the U.S serves 45 destinations around the country.
> SVN’s Mojahed said, “We hope to add to Mesa’s growth/employment at our 72 acres of land at Ellsworth and Pecos, just south of the Phoenix-Mesa Gateway airport.”
> Mayor Giles added, “The Gateway area is a 35 square-mile developing aerotropolis that is ideal for international companies, aerospace/aviation and defense firms, high-tech manufacturers, large industrial users, research and development, data centers, and educational systems.
> Case in point, the vision of having ASU Polytechnic, Pecos Advanced Manufacturing Zone, Elliot Road Technology Corridor and now SkyBridge in the area has boosted the national visibility for the City of Mesa.
> The Economic Development Director Jabjiniak added, “We are now starting to see the tech companies come into play.”
The airports all serve a different purpose and the investors and developers can capitalize on its purpose.
With Falcon Field, a corporate aircraft and general aviation, we are positioned for future advantages. We took strategic efforts in the Falcon district to support the diversity in the growth around it,” said Jabjiniak.
> Just north of their developments is also the new industrial complex, Landing 202 announced by Marwest Enterprises.
In addition, Falcon Field is the busiest aviation airports in the United States with over 700+ aircraft based at Falcon Field with over 270K flight operations annually has made traveling into the State of Arizona much easier
In addition, Falcon Field is the busiest aviation airports in the United States with over 700+ aircraft based at Falcon Field with over 270K flight operations annually has made traveling into the State of Arizona much easier
NO DUST COMPLAINTS PLEASE!
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The city’s economic development efforts are also centered on healthcare
> The city is home to Banner Desert Medical Center, the largest comprehensive hospital in the East Valley.
> California-based WageWorks also leased 150,000 square-feet at Lincoln’s Property Co.’s new office park in Mesa as its main U.S. operating location, providing jobs for 500 current employees and adding another 500 new jobs at the site according to reports from Lincoln Property Co. Executive Vice President, David Krumweide.
> The first building at Union development project is located in the heart of Mesa’s Riverview mixed-used district; the epicenter of District 1.
With an accelerated amount of growth, it may raise some concern about the investment laid down for the groundwork for the thriving growth in the area.
"Our residents understand the needs of growing communities and have recently passed bonds for public safety, transportation, parks and cultural amenities,” said Mayor Giles. The City of Mesa will be adding 65 new police officers and 45 new firefighters that the public safety bond project entails.
"Our residents understand the needs of growing communities and have recently passed bonds for public safety, transportation, parks and cultural amenities,” said Mayor Giles. The City of Mesa will be adding 65 new police officers and 45 new firefighters that the public safety bond project entails.
> SRP has also been heavily involved in developing the new electric infrastructure that is required to support the growing technology industry in the area. In August of 2019, SRP began to inform the public of the upcoming development on the 187-acre parcel
Starting in November, there will a series of SRP public hearings to address the CEC (Certificate of Environmental Compatibility) Line Siting requirements as well.
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Inevitably the diverse aerospace and technology companies have been a thriving economic engine for the entire City of Mesa. The pandemonium of the economic development has attracted more than half a dozen Fortune 50 companies into the area that continues to create employment for the Mesa, southeast communities.
Retail Director, Rommie Mojahed has over 6.1M square feet of development, industrial and retail opportunity in between Falcon Field and the Phoenix-Mesa Gateway airports to fill.
With the additional tax incentives for the Opportunity Zone parceled land, Mayor Giles stated, “We expect to see many more companies invest in Mesa.”
