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Mesa council authorizes downtown Cul de Sac project, first phase to deliver 140 for‑sale townhomes
Summary
The council unanimously approved a ground lease, development agreements and sale documents Sept. 8 to allow RN1 Real Estate and developer Cul de Sac to build a three‑phase, up to roughly 1,000‑unit project on a long‑vacant 25‑acre downtown site; the first phase will be 140 for‑sale townhomes and subsequent phases retain flexibility.
The Mesa City Council on Sept. 8 authorized the city manager to execute a ground lease, development agreements, an option to purchase and related sale documents with RN1 Real Estate to enable a three‑phase development known locally as Cul de Sac on a 25‑acre downtown site.
Council members and downtown stakeholders framed the project as a potential catalyst for downtown revitalization: the developer and city staff describe a first phase of 140 for‑sale townhomes, a second phase with a minimum 225 units that could be for‑sale or multifamily, and a third, larger phase totaling roughly 610 rental units, for a project totaling about 1,000 housing units and an estimated minimum of 800…
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