- Joined
- May 13, 2002
- Posts
- 9,773
- Reaction score
- 5
I hope you don't mind this traffic, you fat pig.
Mesa OKs $42 million to court megastore
City trying to lure Bass Pro to center
Justin Juozapavicius
The Arizona Republic
Aug. 20, 2004 12:00 AM
[font=arial,helvetica,sans-serif]The battle among Valley cities to lure high-profile retail developments continued Thursday as Mesa offered an incentive package worth $42 million for a leisure, shopping and business project.
The offer would bring a Bass Pro Shop, the sporting-goods chain's second in the West; a 16-screen Cinemark movie theater, that chain's first in the Valley; and a Super Wal-Mart.
The development would include restaurants, an auto mall and a commerce park at the site Mesa once offered for the Arizona Cardinals football stadium now under construction in Glendale.
"I'm not a big fan of incentives . . . but I will take 50 percent of a larger number than 100 percent of zero," City Councilman Rex Griswold said.
The incentives for developing the 240-acre vacant site at Dobson Road and Loop 202 include $34 million in tax breaks and rebates; $6 million for streets and utilities and $2 million in impact and permit fee waivers.
The announcement was Mesa's response to an ongoing retail mall war with Tempe, which is acquiring land from private owners in its quest to build a Desert-Ridge-type shopping center on Loop 202 just two miles west of the Mesa site.
But Tempe Mayor Hugh Hallman didn't see it as a battle, instead hoping both developments could "complement each other" and become a regional retail force.
Miravista Holdings and Vestar Development plan to build Tempe Marketplace at McClintock Drive and Rio Salado Parkway.
The city's development agreement with Miravista includes $50 million in incentives. Its agreement with Vestar includes more than $35 million in incentives for 1.3 million square feet of retail space.
Meanwhile, Chandler and Gilbert have been tussling over the location of a super auto mall, and sales tax rebates include $60 million for Gilbert and about $40 million for Chandler.
Other Valley cities have used subsidies to attract developers, including Glendale for the Arrowhead Town Center in Glendale and Phoenix, which offered a subsidy to get a high-end auto mall on the Phoenix-Scottsdale line on the old Chauncey Ranch property.
Two years ago, Mesa offered the Dobson property, controlled by the Hurley family for more than a century, as a location for the Cardinals stadium, but residents such as LaRue Gates shot down that plan.
Gates and others viewed a stadium as a money pit that would never pay for itself.
Today, the 17-year Mesa resident supports the Bass Pro plan so far.
"I say, 'Let's go for it,' " she said. "Forty-two million dollars I can live with. It's still in the ballpark of what the stadium was going to be."
City Manager Mike Hutchinson said Mesa was committed to bringing high-quality projects to the site after the stadium plan failed.
Business owners also like what they see so far but are waiting to read the finished incentive package.
"At first glance, it seems like a good plan, but the devil's in the details," said David Molina, president of the Valley Business Owners and Concerned Citizens Inc. "In our dealings with the city, trust but verify."
The Valley business group is currently backing a referendum to roll back Mesa's sixth utility-rate hike in as many years. The city has been scrambling for new revenue sources since the post-9/11 downturn.
The City Council voted 5-1 Thursday to negotiate a development deal with De Rito Partners Development Inc. and Kimco Developers for the plan called the Riverview Project at Dobson. It will hire Ernst & Young to prepare a market analysis of the proposal.
"This is not a done deal today," said Council member Claudia Walters, who represents the district where the development would be built. "This is a kicking off of the public process."
Councilman Tom Rawles voted against the motion for a reason he did not want to discuss publicly.
Rawles said he was concerned with an item on the incentive list. Mayor Keno Hawker abstained because his back yard abuts the mall site.
A pedestrian-oriented theater district on 30 acres would be the first phase of construction, which could begin in about 18 months.
That includes a 57,000 square-foot Cinemark theater, the second the national chain would locate in Arizona, and 103,000 square feet of retail space.
"This is going to be a place where you want to be," said head architect Robert Saemisch of Saemisch DiBella Architects Inc., which will design the theater.
Future phases include the Bass Pro store on 25 acres, a 110-acre retail district where the Super Wal-Mart would locate, a 30-acre auto mall and a 45-acrecommerce park.
Bass Pro Shops, an outdoor sporting-goods giant that sells everything from rods and rifles to hunters' underarm deodorant and camouflage infant booties, attracts millions of tourists annually.
The Missouri-based chain is opening its first Western store in Las Vegas on Nov. 11. Saemisch estimated that the 180,000- to 200,000-square-foot store in Mesa could attract 2 million tourists a year.
The developers' proposal will be considered at several City Council sessions and planning and zoning meetings.
The city also plans to hold several public meetings on the development.
[/font]
Mesa OKs $42 million to court megastore
City trying to lure Bass Pro to center
Justin Juozapavicius
The Arizona Republic
Aug. 20, 2004 12:00 AM
[font=arial,helvetica,sans-serif]The battle among Valley cities to lure high-profile retail developments continued Thursday as Mesa offered an incentive package worth $42 million for a leisure, shopping and business project.
The offer would bring a Bass Pro Shop, the sporting-goods chain's second in the West; a 16-screen Cinemark movie theater, that chain's first in the Valley; and a Super Wal-Mart.
The development would include restaurants, an auto mall and a commerce park at the site Mesa once offered for the Arizona Cardinals football stadium now under construction in Glendale.
"I'm not a big fan of incentives . . . but I will take 50 percent of a larger number than 100 percent of zero," City Councilman Rex Griswold said.
The incentives for developing the 240-acre vacant site at Dobson Road and Loop 202 include $34 million in tax breaks and rebates; $6 million for streets and utilities and $2 million in impact and permit fee waivers.
The announcement was Mesa's response to an ongoing retail mall war with Tempe, which is acquiring land from private owners in its quest to build a Desert-Ridge-type shopping center on Loop 202 just two miles west of the Mesa site.
But Tempe Mayor Hugh Hallman didn't see it as a battle, instead hoping both developments could "complement each other" and become a regional retail force.
Miravista Holdings and Vestar Development plan to build Tempe Marketplace at McClintock Drive and Rio Salado Parkway.
The city's development agreement with Miravista includes $50 million in incentives. Its agreement with Vestar includes more than $35 million in incentives for 1.3 million square feet of retail space.
Meanwhile, Chandler and Gilbert have been tussling over the location of a super auto mall, and sales tax rebates include $60 million for Gilbert and about $40 million for Chandler.
Other Valley cities have used subsidies to attract developers, including Glendale for the Arrowhead Town Center in Glendale and Phoenix, which offered a subsidy to get a high-end auto mall on the Phoenix-Scottsdale line on the old Chauncey Ranch property.
Two years ago, Mesa offered the Dobson property, controlled by the Hurley family for more than a century, as a location for the Cardinals stadium, but residents such as LaRue Gates shot down that plan.
Gates and others viewed a stadium as a money pit that would never pay for itself.
Today, the 17-year Mesa resident supports the Bass Pro plan so far.
"I say, 'Let's go for it,' " she said. "Forty-two million dollars I can live with. It's still in the ballpark of what the stadium was going to be."
City Manager Mike Hutchinson said Mesa was committed to bringing high-quality projects to the site after the stadium plan failed.
Business owners also like what they see so far but are waiting to read the finished incentive package.
"At first glance, it seems like a good plan, but the devil's in the details," said David Molina, president of the Valley Business Owners and Concerned Citizens Inc. "In our dealings with the city, trust but verify."
The Valley business group is currently backing a referendum to roll back Mesa's sixth utility-rate hike in as many years. The city has been scrambling for new revenue sources since the post-9/11 downturn.
The City Council voted 5-1 Thursday to negotiate a development deal with De Rito Partners Development Inc. and Kimco Developers for the plan called the Riverview Project at Dobson. It will hire Ernst & Young to prepare a market analysis of the proposal.
"This is not a done deal today," said Council member Claudia Walters, who represents the district where the development would be built. "This is a kicking off of the public process."
Councilman Tom Rawles voted against the motion for a reason he did not want to discuss publicly.
Rawles said he was concerned with an item on the incentive list. Mayor Keno Hawker abstained because his back yard abuts the mall site.
A pedestrian-oriented theater district on 30 acres would be the first phase of construction, which could begin in about 18 months.
That includes a 57,000 square-foot Cinemark theater, the second the national chain would locate in Arizona, and 103,000 square feet of retail space.
"This is going to be a place where you want to be," said head architect Robert Saemisch of Saemisch DiBella Architects Inc., which will design the theater.
Future phases include the Bass Pro store on 25 acres, a 110-acre retail district where the Super Wal-Mart would locate, a 30-acre auto mall and a 45-acrecommerce park.
Bass Pro Shops, an outdoor sporting-goods giant that sells everything from rods and rifles to hunters' underarm deodorant and camouflage infant booties, attracts millions of tourists annually.
The Missouri-based chain is opening its first Western store in Las Vegas on Nov. 11. Saemisch estimated that the 180,000- to 200,000-square-foot store in Mesa could attract 2 million tourists a year.
The developers' proposal will be considered at several City Council sessions and planning and zoning meetings.
The city also plans to hold several public meetings on the development.
[/font]