Downtown Mesa Is on the Cusp of a Second Golden Age
"At noon on a weekday, Jeff McVay sits on the street patio outside Worth Takeaway in downtown Mesa, his grilled cheese and tomato soup untouched. People drift by on Main Street's sidewalk, people walking dogs under colonnades, slurping iced coffee, cradling boxes of tacos, curry, and fried chicken. Sun falls. Down the center of the road the Valley Metro light rail rumbles, shaking. Heedless of it all, McVay points at a map, breathlessly explaining . . .
Caliber buys up buildings to give Downtown Mesa a makeover
By Jesse A. Millard | AZBigMedia
For years, Arizona’s cities have been revitalizing their downtowns by bolstering the arts, installing public infrastructure like the light rail and enticing a plethora of unique, private development projects. It’s no question that Downtown Mesa has been on the receiving end of these efforts, as light rail and the Mesa Arts Center have transformed the area.
Now, Downtown Mesa is set to receive another transformation after Caliber, The Wealth Development Company purchased 100,000 square feet of property in the heart of downtown.
Caliber’s $7.625 million purchase consists of eight historic buildings along Main Street between Country Club Drive and Center Street. The buildings are just a short walk from the light rail . . .
...Mesa Mayor John Giles is excited to see Caliber’s plans for Downtown Mesa. Giles has played a role in much of the public investment into Downtown Mesa since he was a councilman in the late 1990s, paving the way for private investment like this. . . Giles says it’s great to see private investment from Caliber that will help further transform the Downtown Mesa area, making it more attractive for future employers and private investment.
Caliber’s developments could also bolster Mesa’s efforts of bringing ASU into Downtown Mesa as well, Giles says. He say economic developers have to make areas around universities attractive for students,...
One of the buildings was the old Coors distributor building, the first beer distributorship Coors set up outside of Colorado, Bade mentions.
Downtown Mesa could see these improvements and new tenants take shape over the next few months.
Bade says Caliber is currently working on getting six to eight tenants to move into the buildings, and then another three to six months would be needed for tenant improvements.
SCORE CARD FOR THAT ??? NOW, 2 YEARS LATER maybe 1 or 2
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