ARIZONA NEWS

New $15.5M industrial development coming to Mesa’s Gateway area

May 4, 2021, 4:15 AM | Updated: 1:28 pm
Rendering of the new industrial development coming to Mesa's Gateway Area (Courtesy photo/City of M...
Rendering of the new industrial development coming to Mesa's Gateway Area (Courtesy photo/City of Mesa)
(Courtesy photo/City of Mesa)

PHOENIX — A new $15.5 million industrial development consisting of three buildings is coming soon to Mesa’s Gateway area, the city announced Monday.

The new Class A industrial development constructed by Abington Emerson is located at the northwest corner of Ray Road and 71st Street next to the Phoenix-Mesa Gateway Airport, according to a press release.

The three buildings will have a combined size of 97,121 square feet and sit on 7.25 acres, with an additional 2.2 acres available for a build-to-suit industrial opportunity.

It is expected to be completed early next year.

“Development in the Mesa Gateway area is catalyzed by investments like that of Abington Emerson,” Mesa Mayor John Giles said in the release.

“Their Class A, built-to-suit buildings signify opportunity for businesses looking to locate in the area, and we look forward to seeing their completion in the coming months.”

The development represents Abington Emerson’s sixth project in the area.

“We are excited to grow our relationship with Mesa, which offers a growing skilled workforce, business-friendly environment and excellent infrastructure,” Brent Howard of Abington Emerson’s Southwestern Region said in the release.

“We continue to see significant economic growth and sustained interest for the light industrial sector and are very pleased about bringing this high-quality project to market.”

Located in one of Mesa’s federally designated opportunity zones, investors will be able to defer and potentially reduce taxes on capital gains, according to the release, as long as the gain is “reinvested in a qualified opportunity fund that invests in a qualified opportunity zone.”

Each building features 24-foot ceiling heights, truckwell and grade level loading as well as a fully secured yard.

Lifetime Windows & Doors

We want to hear from you.

Have a story idea or tip? Pass it along to the KTAR News team here.

Arizona News

(Facebook File Photo/Phoenix Police Department)...
KTAR.com

Pedestrian crossing street killed in Laveen following hit-and-run

Phoenix police are investigating a fatal hit-and-run collision after a pedestrian died Tuesday evening in Laveen Village.
18 hours ago
(Coronado National Forest Photo)...
Kevin Stone

Forest officials warn visitors about shipping container wall at Arizona border

Officials are warning Coronado National Forest visitors about potential safety hazards related to shipping container border wall construction in southern Arizona.
18 hours ago
Shaqueila Hudson (Maricopa County Sheriff's Office Photo)...
KTAR.com

Woman accused of fatally stabbing father during argument in Phoenix

A woman was arrested for allegedly stabbing her father to death during an argument Tuesday in Phoenix, authorities said.
18 hours ago
(Photos via Buckeye Police Department)...
KTAR.com

Buckeye Police boost reward to $12,000 for tips in fatal hit-and-run of 16-year-old girl

Authorities have upped the reward for tips in the fatal hit-and-run of a 16-year-old girl more than two years ago in Buckeye.
18 hours ago
(AP Photo/Matt Rourke)...
KTAR.com

Mesa police fatally shoot man who allegedly drove into patrol vehicle

Police shot and killed a man who allegedly drove into a patrol vehicle outside a Mesa convenience store early Wednesday.
18 hours ago
President Joe Biden speaks about manufacturing jobs and the economy at SK Siltron CSS, a computer c...
KTAR.com

President Joe Biden schedules visit to Phoenix for next week

President Joe Biden will visit a Phoenix microchip plant next week to tout his economic plan, the White House announced Wednesday.
18 hours ago

Sponsored Articles

...
Day & Night Air Conditioning, Heating and Plumbing

Prep the plumbing in your home just in time for the holidays

With the holidays approaching, it's important to know when your home is in need of heating and plumbing updates before more guests start to come around.
...
Quantum Fiber

Stream 4K and more with powerful, high-speed fiber internet

Picking which streaming services to subscribe to are difficult choices, and there is no room for internet that cannot handle increased demands.
...
Day & Night Air Conditioning, Heating and Plumbing

Here are 4 signs the HVAC unit needs to be replaced

Pool renovations and kitchen upgrades may seem enticing, but at the forefront of these investments arguably should be what residents use the most. In a state where summertime is sweltering, access to a functioning HVAC unit can be critical.
New $15.5M industrial development coming to Mesa’s Gateway area