Update on Saints Holdings + Real Estate Developments Here in Mesa

The source: AZ  BIG MEDIA

"These projects are igniting Arizona’s economy"

Blufish

AZ Big Media |

There were a lot of factors working against economic development in the past year, but Arizona’s economic development community and the Arizona Association for Economic Development (AAED) found ways to not just survive, but thrive in the face of a global crisis. The state saw new economic growth all over, new projects were being built, new companies were arriving or expanding and new businesses were starting.

In the Valley, company relocations resulted in more than 7,000 new jobs for the local population, according to data compiled by the Greater Phoenix Economic Council (GPEC). . .

The economic wins were shared with many Arizona communities in the past year, and here are reports from economic development leaders around the state:

■ Saint Holdings is one of the largest private landowners and developers in the region.

BLOGGER INSERT

SAINTS HOLDINGS LLC
Website: Saint Holdings  
Twitter: @SaintHoldings       

 

Saint Holdings is a multi-faceted real estate investment and development company with holdings in industrial, land, multifamily residential, and agriculture.

Scottsdale, AZ

            

Global Water Resources has signed agreements with Saint Holdings that will result in providing water services to Saint Holding’s Inland Port Arizona, where @nikolamotor is constructing their new facility. Contact us for shovel-ready opportunities. http://bit.ly/2lEAiWa 

9:27 AM - 5 Sep 2019

We didn't know more about it then.

Mesa Seals $135 Million Land Deal

Posted on January 7, 2014

by Kristian Seemeyer

The "land deal" land sale proceeds will boost the City’s Economic Investment Fund, financing in part projects such as: Sloan Park, The Cubs new Spring Training facility  and the so-called then "Higher Education Initiative". We're talking 11,400 acres, folks!

The vast tracts of land were know back then as The Mesa Water Farm.

Read more ....this is where you find it > Click or Tap Here 

The Saints Have A Plan:

THIS IS WHAT THAT $135M LAND DEAL - OR LAND SWINDLE OR STEAL?? - FOR THEIR VISION ON THE 11,447 ACRES THAT WERE ONCE THE MESA WATER FARM ...

Nice buy: $135M 11,400+ ACRES

Watch where this story goes and note that the buyer in  2012, a company in Scottsdale, is now called Saints Holdings Company. They agreed to buy the land in three 5-year phases.

Let's do some numbers first: a recent city auction for 132 acres, without water rights, went for $21.1M (that's $5M above the appraised price) . . .or $159,848 per acre.

"According to Natalie Lewis, assistant to city manager Chris Brady, and also lead negotiator on the deal, Mesa purchased the land in 1985 for more than $29 million for its water rights to create a water farm.

Eventually, the city found more cost-effective means to provide the city water.

OH REALLY? DID THEY?

NO IDEA WHERE? Get a clue

. . . if readers of this blog are curious...

 

A few of the most recent projects that will help shape Pinal County’s continued growth include a recent sale of approximately 1,000 acres to a Nextera Energy for a 100 megawatt project. This will be the largest solar farm in Pinal County and one of the largest in the state.

Another 550 acres was sold in early 2020 to S-Power for a project that will supply Intel’s Chandler campus.

Additional projects include Inland Port Arizona (IPAZ) which is home to Nikola Motor Co. and Central Arizona Commerce Park (CAZCP) which is home to Lucid Motors and Tractor Supply Co.

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MESA

The efforts of Mesa’s Office of Economic Development have been producing major results and recently were recognized by the International Economic Development Council at their annual conference. The city won three gold and three silver Excellence in Economic Development Awards. The gold awards were for the Office of Economic Development website, SelectMesa.com; for the multi-year economic development program at the Elliot Road Technology Corridor and for talent development and retention with the Arizona Advanced Manufacturing Institute, which is a program at Mesa Community College.

This year has been another active year for economic development in the city. Here are some of the new projects in the city:

■ Bird Dog Industrial announced Power 202 Business Park, a 330,000-square-foot Class A industrial park on approximately 19 acres on Power Road just north of Loop 202 in Mesa’s Gateway Area.

■ Boeing plans 155,000 square foot fabrication center in Mesa. The company expects to be in the facility by Q3 of 2021.

■ Marwest Enterprises announces the third phase of the Landing industrial complex near the Phoenix-Mesa Gateway Airport. The latest phase, dubbed Landing 3, will be a new 525,000 SF building, with the ability to lease spaces ranging in size from 5,000 square feet to 250,000 square feet.

■ Amazon to locate a 150,000 square foot delivery station facility in Mesa near Falcon Field.

■ Commercial Metals Company, a Texas-based steel and metal manufacturer, plans to construct a new facility adjacent to its current operation in Mesa and create 185 additional jobs. The new micro mill represents a net investment of $300 million. It’s anticipated the facility will be operational by early 2023.

■ Dexcom, Inc., a leader in continuous glucose monitoring for patients with diabetes, announced an expansion in southeast Mesa. The new lease at Landing 202 is 486,000 square feet and adds a facility to their portfolio that is three times the size of their west Mesa location. The new Mesa Regional Distribution Center is designed to grow with the company.

■ Davcon Aviation, LLC and Mesa Hangar, LLC are building aircraft hangars with manufacturing space in a phased project on more than one million square feet of vacant City of Mesa-owned land on the northwest side of Mesa’s Falcon Field. The first phase is expected to be completed by April 2021, with the second phase to be completed by November 2021. The six-building, $65 million project will include large aircraft hangar space in addition to ancillary office space, aircraft staging ramp, and vehicle parking areas.

■ BEMO USA, a leading global provider of free-form architectural shapes and high-performance metal roof and wall systems, will complete its new 100,000 square feet Mesa facility.

■ This year, Majestic Realty Co. completed construction of Majestic Falcon Field at the NWC of Higley Road an Ingram Street. Majestic Falcon Field is an 85,554 SF single-building, Class A, master-planned industrial development. The expansion of the airport has seen the business jet traffic steadily increase and we see that to be our niche for the foreseeable future.  Additional corporate hangars are in the planning stages and our newly surveyed industrial park will be receiving its first mfg headquarters in the near future.