After sitting on a patch of empty land in east Mesa for almost a decade, Rick Richmond decided it was time to start building.
So this month he broke ground for the second phase of Crismon Gateway Village on 25.5 acres of land on Crismon Road between Baseline Road and the US 60.
The development is set to include retail and office space, in addition to 128 units of multifamily housing with individual suite patios— all expected to be completed by late 2021.
And it is taking advantage of its proximity not only to rapidly growing Eastmark but also to Mesa’s Technology Corridor.
The first phase of the Crismon Gateway Village began in 2017 and included retail space currently occupied by Black Rock Coffee, Bella Nail Bar, Filiberto’s, Radius Fitness, and Doc’s Artisan Ice Cream.
Black Rock Coffee, an Oregon company, opened its retail space at the shopping center last year and saw its largest grand opening crowd.
It is now its top performer in Arizona and the second-best performer among its nearly 60 shops nationwide.
Phase II will consist of more retail space, with tenants Sassy’s Café & Bakery, Martin Dental, Vantage West Credit Union and a smoothie shop.
Mary Nollenberger, director of leasing and retail investment sales and Nicole Ridberg of SVN Desert Commercial Advisors have worked with Richmond to expand the development.
The Crismon Gateway Village is geared towards a younger audience but also serves as a place to relax, according to Nollenberger.
Every retail space has roll-up garage doors and a splash pad will be added in front of one of the restaurants to serve as a family-friendly gathering area.
“It’s just the natural solution for a gathering spot for young families that are looking for entertainment and community,” said SVN spokeswoman Melissa Swader, adding:
“It’s a unique opportunity for dining and entertainment. It really incorporates so many different types of retail and restaurant that is, it’s a place for everyone.”
Meanwhile, the neighborhood near Crismon Gateway Village continues to get more economic growth,
Marwest Enterprises recently announced it is building Landing 202, a 605,000-square-foot Class A industrial building on about 45 acres just south of Loop 202 and west of Hawes Road on the north side of Ray Road.
“These brand-new buildings are in the heart of the Gateway area and close to multiple freeways; an awesome location for a wide range of businesses,” Mayor John Giles said. “It’s exciting to watch southeast Mesa maintain its momentum as a thriving economic engine for the entire city.”
The development is zoned light-industrial and will start with two buildings, one almost 500,000 square feet and the other close to 120,000m with 565 parking spaces.
Marwest expects the buildings to be completed by mid-2020.
“Ray Road has been a hotbed for development over the past several years,” District 6 Councilman Kevin Thompson said. “Landing 202 will provide even more Class A industrial space for businesses looking to relocate or expand to the Gateway Area, which has become an employment corridor for the region.”
To ensure expansion continues, the city last week announced CenturyLink will expand network infrastructure in the Gateway area by expanding its footprint by more than 90 route miles of fiber.
“The expansion of CenturyLink’s fiber in the Gateway area will help drive the future of Mesa’s Elliott Road Technology Corridor,” Giles said. “Their new capacity opens the door to major tech company expansions and new business while keeping Mesa at the forefront of innovation.”
The expansion will support new data centers and technology companies planned for the area – including the SkyBridge development at the Phoenix-Mesa Gateway Airport; educational institutions; the newly completed Dignity Health hospital; and numerous other area businesses.
Marwest’s development is within a federal opportunity zone, which allows investors to defer and potentially reduce taxes on capital gains.
“Landing 202 is a great addition of quality Class A industrial space to Mesa’s Gateway Area,” Mesa Economic Development Director Bill Jabjiniak said. “We continue to see great interest in all of our opportunity zones.”
Marwest principal David Martens sees the development meeting “the continued and increasing demand for tenants to reside and grow their businesses in Mesa,” especially those that need larger and more functional space built along with modern standards.