Digg|
Save|
License|
Print|
E-mail|
Double-click any word or phrase in the story to search this site.
October 27, 2007 - 6:57AM
Red Mountain Commerce Park takes shape in east Mesa
Comments | RecommendMisty Williams, Tribune
A new commerce park in the works could bring two hotels, highend office buildings and shops to east Mesa.
Situated on 25 acres along Thomas Road west of Recker Road, Red Mountain Commerce Park is slated to have two Hilton-brand hotels, each four stories high.
The proposed hotels will likely be a Garden Inn and possibly a Hampton Inn, said Hillarie Bethancourt, one of the project’s developers.
“There are quite a number of businesses out there and no hotel space” for business travelers and people coming into town for events, she said.
The park will also include office condos, stores and restaurants.
“It’s going to bring things up a notch out there,” Bethancourt said.
The project is one of a number of commercial developments being planned in the Falcon Field Municipal Airport area.
One of those is an office-retail development expected on the northwest corner of Recker Road and the Red Mountain section of Loop 202 near Bethancourt’s project.
Preliminary plans for the officeretail project, called Recker 202 Commerce Center, include a hotel, health club, restaurant, bank, shops and 150,000 square feet of office space.
That area of Mesa is projected to see continued population growth, which will create demand for these projects, said Iain Vasey of commercial brokerage firm Grubb & Ellis.
The projects won’t all be built at the same time and will deliver space over a period of years, Vasey said.
“It’s an evolutionary process,” he said. “You don’t just wave a wand and it magically appears overnight.”
The Valley’s growing traffic congestion will make the area attractive to employers, he said.
As commute times lengthen and gas prices go up, businesses will move from central locations out closer to where their workers live, Vasey said.
Bethancourt said she hopes to break ground on Red Mountain Commerce Park next summer.
The parcels of land that comprise the property will be sold to individuals, so how quickly the full project will be built out isn’t clear, she said. Current plans, though, are to build it in four phases, which could take two or three years, she said.
“I think there’s quite a bit of demand with the airport out there … with the freeway access,” she said. “There’s nothing else really like that out in that area.”
News updates are sent daily. You can unsubscribe at any time.
Please add your comments, but follow these guidelines to keep this a safe, credible place for discussing the news: