The Mesa City Council Approved a memorandum of understanding in February 2018 with R3 Mesa, LLC for a mixed-use development of approximately 1.0 acres of City-owned property located near the southeast corner of West Pepper Place and North Robson at the current location of Pepper Place surface parking.
The building would host a minimum of 70 market rate and/or luxury apartments and 5,000 square feet of commercial space at street level. The 76 city-owned parking spaces will be converted to the same number of spaces in a parking structure at no cost to the City and will remain available for public use.
The apartments will be oriented towards sustainable living with most of the power being generated on-site by renewable energy sources as one of many integrated sustainable amenities.
The remainder of the deal points will be defined as Mesa collaborates with R3 to create a development agreement for the site.
View full presentation to Mesa City Council