Developer pitches massive $3B Legacy Park project to Mesa officials

Vestar presented plans for a 197-acre mixed-use development, the largest in Mesa's history, during a recent City Council study session.

BY ANGELA GONZALES/PHOENIX BUSINESS JOURNAL

Sep 13, 2026, 5:00 AM

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Vestar presented plans for the largest mixed-use development in Mesa's history. (Vestar rendering)

(Vestar rendering)

Vestar has taken one step closer to initiating its proposed $3 billion Legacy Park project, which would create the largest mixed-use hospitality project in the history of the city of Mesa — and among the largest in Arizona.

On Sept. 10, the Phoenix-based retail real estate developer and city staff presented a development proposal for the 197-acre project at a Mesa City Council study session, in anticipation of a City Council vote on Sept. 14.

If approved, Vestar is prepared to break ground in January 2028 on public infrastructure, public amenities and traffic improvements and start vertical construction in June 2028, with a grand opening for the first phase in October 2029, Ryan Ash, senior vice president of asset management for Vestar, told City Council.

The comprehensive vote on Sept. 14 will include approval requests for annexation of the land into Mesa, zoning changes, a development agreement and special taxing district.

This story is posted in partnership with Phoenix Business Journal. Click to read the full story.