Mesa's City Council on Monday unanimously approved a development agreement for Legacy Park and Gateway Crossing, a pair of projects planned just northwest of Queen Creek near Mesa Gateway Airport that city leaders describe as the largest private investment in Mesa's history, AZ Big Media reported.
The city announced the vote in a news release titled "Council Approves Landmark Development Agreement for Legacy Park and Gateway Crossing."
In related votes, the council annexed land, approved zoning and set up a theme park district for the site, according to the report.
Where and what
The site spans about 200 acres bounded by SR 24 and Williams Field Road on the east side of Ellsworth Road, close to the Arizona Athletic Grounds and ASU's Polytechnic campus. The developers are Vestar and Pacific Proving LLC.
Legacy Park alone is planned with 2,261 apartments, office buildings totaling 3.8 million square feet, a luxury resort with 600 rooms, a smaller 150-room hotel, roughly 400,000 square feet for shops, restaurants and gyms, and a 20-acre park owned by the city. Gateway Crossing is to bring further retail, dining and lodging.
A pedestrian tunnel under Williams Field Road would link the development to the Arizona Athletic Grounds.
The total private investment is put at about $3 billion. Over three decades, the pair could support upward of 13,500 jobs, generate roughly $58.8 billion in economic activity and bring the city about $1.4 billion in taxes, according to an Applied Economics study.
