ASU & Mesa Transform Downtown with New High-Rise
Mesas plans to transform a dilapidated building into an eight-story high-rise, in partnership with Arizona State University, aim to boost downtowns appeal. The project, set to include Class A office space, retail spots, and ASU-related areas, will replace the current storage use. Despite market slowdown due to the pandemic, city leaders are optimistic about ASUs draw attracting tenants. Meanwhile, discussions are ongoing to repurpose the downtown post office as ASU studios and classrooms by 2028. The estimated renovation cost is nearly $25 million, with additional funds for a smaller nearby post office. Bids for the Main Street project are expected in March or early April.
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